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German (DAX) Market Analysis & Valuation

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies770
  • 7D0.6%
  • 3M6.4%
  • 1Y6.6%
  • YTD3.1%

The market has been flat over the last week. As for the longer term, the market has risen 6.6% in the past 12 months. 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
Fri, 27 Feb 2026€2.7t€2.7t€106.7b18x25.3x1x
Sun, 25 Jan 2026€2.7t€2.7t€104.1b18.2x25.5x1x
Tue, 23 Dec 2025€2.6t€2.7t€103.6b18.1x25.1x1x
Thu, 20 Nov 2025€2.5t€2.7t€104.7b17.4x23.6x0.9x
Sat, 18 Oct 2025€2.5t€2.7t€101.5b18.2x25x0.9x
Mon, 15 Sep 2025€2.5t€2.7t€101.9b18.3x24.8x0.9x
Wed, 13 Aug 2025€2.6t€2.7t€103.8b19.2x25.1x1x
Fri, 11 Jul 2025€2.6t€2.7t€104.0b19x25.2x1x
Sun, 08 Jun 2025€2.6t€2.7t€103.6b19.3x25.2x1x
Tue, 06 May 2025€2.6t€2.7t€107.9b19x23.7x1x
Thu, 03 Apr 2025€2.5t€2.7t€109.0b17.9x22.7x0.9x
Sat, 01 Mar 2025€2.5t€2.7t€124.3b16.6x20.2x0.9x
Mon, 27 Jan 2025€2.4t€2.7t€114.2b16.7x21x0.9x
Wed, 25 Dec 2024€2.3t€2.7t€114.2b15.5x19.8x0.8x
Fri, 22 Nov 2024€2.2t€2.7t€113.0b15.5x19.6x0.8x
Sun, 20 Oct 2024€2.3t€2.7t€119.0b16.3x19.5x0.9x
Tue, 17 Sep 2024€2.2t€2.7t€119.6b16.2x18.3x0.8x
Thu, 15 Aug 2024€2.1t€2.7t€117.4b17.3x18.1x0.8x
Sat, 13 Jul 2024€2.2t€2.7t€111.3b17.9x20.1x0.8x
Mon, 10 Jun 2024€2.2t€2.7t€110.9b18.4x20.2x0.8x
Wed, 08 May 2024€2.3t€2.7t€113.9b17.4x19.8x0.8x
Fri, 05 Apr 2024€2.3t€2.8t€119.4b17.2x19.3x0.8x
Sun, 03 Mar 2024€2.2t€2.9t€125.7b15.9x17.7x0.8x
Tue, 30 Jan 2024€2.2t€2.9t€148.3b16.3x14.6x0.8x
Thu, 28 Dec 2023€2.2t€2.9t€147.3b16.6x14.6x0.8x
Sat, 25 Nov 2023€2.1t€2.9t€148.1b16.2x14.2x0.7x
Mon, 23 Oct 2023€2.0t€3.0t€132.1b15.6x15x0.7x
Wed, 20 Sep 2023€2.1t€3.0t€131.2b16.1x16.1x0.7x
Fri, 18 Aug 2023€2.1t€3.0t€132.1b16.4x16.2x0.7x
Sun, 16 Jul 2023€2.2t€3.0t€138.9b16.8x15.8x0.7x
Tue, 13 Jun 2023€2.2t€3.0t€140.2b17.4x15.7x0.7x
Thu, 11 May 2023€2.2t€3.0t€143.1b17.5x15.2x0.7x
Sat, 08 Apr 2023€2.2t€3.0t€148.4b16.3x14.8x0.7x
Mon, 06 Mar 2023€2.2t€2.9t€154.0b15.8x14.2x0.8x
Price to Earnings Ratio

14.2x


Total Market Cap: €2.2tTotal Earnings: €154.0bTotal 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 25.3x 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 12% per year over the last three years.
  • Revenues have also declined 2.2% 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 Market0.62%
Utilities3.00%
Financials2.68%
Energy2.12%
Real Estate1.72%
Tech1.30%
Consumer Staples0.40%
Industrials0.15%
Consumer Discretionary0.037%
Telecom-0.065%
Materials-1.12%
Healthcare-1.83%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 33.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.8% 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 56% over the next 5 years.
  • This is better than its past earnings decline of 9.1% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 4.8% 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
SIE Siemens€248.653.4%
+€6.2b		12.7%PE24.2xIndustrials
ALV Allianz€384.703.0%
+€4.3b		15.4%PE14.5xFinancials
EOAN E.ON€19.776.3%
+€3.1b		60.8%PE17.2xUtilities
CBK Commerzbank€35.985.5%
+€1.9b		74.4%PB1.2xFinancials
NDX1 Nordex€41.8423.3%
+€1.9b		226.1%PE36xIndustrials
See more

Market Insights

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