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German (DAX) Market Analysis & Valuation

UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies769
  • 7D0.05%
  • 3M6.6%
  • 1Y7.0%
  • YTD3.3%

The Energy sector gained 5.7% while the market remained flat over the last week. More promisingly, the market is up 7.0% over the past year. Looking forward, earnings are forecast to grow by 16% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the German Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Feb 2026€2.7t€2.7t€104.0b18.1x26x1x
Mon, 26 Jan 2026€2.7t€2.7t€104.1b18.2x25.5x1x
Wed, 24 Dec 2025€2.6t€2.7t€103.6b17.9x25.1x1x
Fri, 21 Nov 2025€2.5t€2.7t€104.6b17.4x23.6x0.9x
Sun, 19 Oct 2025€2.5t€2.7t€101.5b18.1x25x0.9x
Tue, 16 Sep 2025€2.5t€2.7t€101.9b18.5x24.9x0.9x
Thu, 14 Aug 2025€2.6t€2.7t€102.5b19x25.6x1x
Sat, 12 Jul 2025€2.6t€2.7t€104.0b19x25.2x1x
Mon, 09 Jun 2025€2.6t€2.7t€103.6b19.3x25.2x1x
Wed, 07 May 2025€2.5t€2.7t€107.7b18.6x23.6x0.9x
Fri, 04 Apr 2025€2.4t€2.7t€108.0b17.4x22.3x0.9x
Sun, 02 Mar 2025€2.5t€2.7t€125.6b16.6x20x0.9x
Tue, 28 Jan 2025€2.4t€2.7t€114.2b16.6x21x0.9x
Thu, 26 Dec 2024€2.3t€2.7t€114.2b15.5x19.8x0.8x
Sat, 23 Nov 2024€2.2t€2.7t€112.9b15.5x19.8x0.8x
Mon, 21 Oct 2024€2.3t€2.7t€119.0b16.3x19.5x0.9x
Wed, 18 Sep 2024€2.2t€2.7t€119.7b16.5x18.4x0.8x
Fri, 16 Aug 2024€2.2t€2.7t€118.7b17.4x18.2x0.8x
Sun, 14 Jul 2024€2.2t€2.7t€111.4b17.9x20.1x0.8x
Tue, 11 Jun 2024€2.2t€2.7t€110.9b18x20.2x0.8x
Thu, 09 May 2024€2.3t€2.7t€112.1b17.3x20.1x0.8x
Sat, 06 Apr 2024€2.3t€2.8t€119.4b17.1x19.1x0.8x
Mon, 04 Mar 2024€2.2t€2.9t€125.7b16x17.7x0.8x
Wed, 31 Jan 2024€2.2t€2.9t€148.3b16.3x14.6x0.8x
Fri, 29 Dec 2023€2.1t€2.9t€147.3b16.6x14.6x0.8x
Sun, 26 Nov 2023€2.1t€2.9t€148.0b16.2x14.2x0.7x
Tue, 24 Oct 2023€2.0t€3.0t€132.1b15.8x15x0.7x
Thu, 21 Sep 2023€2.1t€3.0t€131.2b16.1x16.2x0.7x
Sat, 19 Aug 2023€2.1t€3.0t€132.1b16.3x16x0.7x
Mon, 17 Jul 2023€2.2t€3.0t€138.9b16.8x15.8x0.7x
Wed, 14 Jun 2023€2.2t€3.0t€140.2b17.3x15.8x0.7x
Fri, 12 May 2023€2.2t€3.0t€143.2b17.1x15.1x0.7x
Sun, 09 Apr 2023€2.2t€3.0t€148.4b16.3x14.8x0.7x
Tue, 07 Mar 2023€2.2t€2.9t€155.7b15.6x14.1x0.8x
Price to Earnings Ratio

14.1x


Total Market Cap: €2.2tTotal Earnings: €155.7bTotal Revenue: €2.9tTotal Market Cap vs Earnings and Revenue0%0%0%
German Market Price to Earnings3Y Average 19.7x202420252026
Current Market PE
  • Investors are optimistic on the German market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 26.0x which is higher than its 3-year average PE of 19.7x.
Past Earnings Growth
  • The earnings for companies in the German industry have declined 13% per year over the last three years.
  • Revenues have also declined 2.3% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the German Market?

DE Market0.054%
Energy5.69%
Telecom3.13%
Utilities3.12%
Real Estate2.22%
Financials0.97%
Consumer Staples0.73%
Tech-0.38%
Industrials-0.62%
Consumer Discretionary-1.18%
Healthcare-1.29%
Materials-2.31%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 34.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.3% which is higher than its past year's earnings decline of 8.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 57% over the next 5 years.
  • This is better than its past earnings decline of 9.1% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 6.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
DTE Deutsche Telekom€34.094.2%
+€6.5b		-1.9%PE16.8xTelecom
EOAN E.ON€19.685.6%
+€2.7b		59.9%PE17.1xUtilities
DB1 Deutsche Börse€232.405.7%
+€2.3b		-7.5%PE21.3xFinancials
NDX1 Nordex€43.1226.9%
+€2.2b		230.4%PE37.1xIndustrials
RWE RWE€54.545.2%
+€1.9b		79.9%PE18xUtilities
See more

Market Insights

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