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German (DAX) Market Analysis & Valuation

UpdatedMar 12, 2026
DataAggregated Company Financials
Companies774
  • 7D-2.4%
  • 3M-2.3%
  • 1Y-0.2%
  • YTD-3.2%

Over the last 7 days, the market has dropped 2.4%, driven by a decline of 3.2% in the Industrials sector. Although the market performance has been flat over the past year. 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, 13 Mar 2026€2.5t€2.7t€99.6b17.7x25.5x1x
Sun, 08 Feb 2026€2.7t€2.7t€106.2b17.4x25x1x
Tue, 06 Jan 2026€2.7t€2.7t€103.5b18.1x25.6x1x
Thu, 04 Dec 2025€2.5t€2.7t€102.2b17.9x24.8x0.9x
Sat, 01 Nov 2025€2.5t€2.7t€98.0b17.9x26x0.9x
Mon, 29 Sep 2025€2.5t€2.7t€101.9b18.6x24.8x0.9x
Wed, 27 Aug 2025€2.6t€2.7t€100.3b19x25.6x1x
Fri, 25 Jul 2025€2.6t€2.7t€105.1b19x24.8x1x
Sun, 22 Jun 2025€2.5t€2.7t€103.6b18.6x24.1x0.9x
Tue, 20 May 2025€2.6t€2.7t€103.5b19.3x25.1x1x
Thu, 17 Apr 2025€2.4t€2.7t€107.9b17.6x22.1x0.9x
Sat, 15 Mar 2025€2.5t€2.7t€123.3b17.1x20.6x0.9x
Mon, 10 Feb 2025€2.4t€2.7t€113.3b16.7x21.5x0.9x
Wed, 08 Jan 2025€2.3t€2.7t€114.5b16.4x20.2x0.9x
Fri, 06 Dec 2024€2.3t€2.7t€114.1b15.9x20.4x0.9x
Sun, 03 Nov 2024€2.3t€2.7t€115.9b15.3x19.4x0.8x
Tue, 01 Oct 2024€2.3t€2.7t€119.8b16.6x19.1x0.8x
Thu, 29 Aug 2024€2.2t€2.7t€119.0b16.8x18.6x0.8x
Sat, 27 Jul 2024€2.2t€2.7t€110.3b17.7x19.9x0.8x
Mon, 24 Jun 2024€2.2t€2.7t€110.6b17.2x19.6x0.8x
Wed, 22 May 2024€2.3t€2.7t€110.1b17.5x20.5x0.8x
Fri, 19 Apr 2024€2.2t€2.8t€119.0b17.3x18.7x0.8x
Sun, 17 Mar 2024€2.2t€2.8t€120.3b16x18.6x0.8x
Tue, 13 Feb 2024€2.2t€2.9t€152.2b16.2x14.2x0.8x
Thu, 11 Jan 2024€2.1t€2.9t€146.5b16.2x14.7x0.8x
Sat, 09 Dec 2023€2.2t€2.9t€147.7b16.1x14.6x0.8x
Mon, 06 Nov 2023€2.0t€2.9t€160.8b15.8x12.6x0.7x
Wed, 04 Oct 2023€2.1t€3.0t€131.2b15.9x15.7x0.7x
Fri, 01 Sep 2023€2.2t€3.0t€130.3b16.5x16.6x0.7x
Sun, 30 Jul 2023€2.2t€3.0t€136.9b17x16.3x0.7x
Tue, 27 Jun 2023€2.1t€3.0t€140.4b17.2x15.3x0.7x
Thu, 25 May 2023€2.1t€3.0t€136.9b17.1x15.7x0.7x
Sat, 22 Apr 2023€2.2t€3.0t€147.2b17.2x15.1x0.7x
Mon, 20 Mar 2023€2.1t€2.9t€149.4b16.1x13.9x0.7x
Price to Earnings Ratio

13.9x


Total Market Cap: €2.1tTotal Earnings: €149.4bTotal Revenue: €2.9tTotal Market Cap vs Earnings and Revenue0%0%0%
German Market Price to Earnings3Y Average 19.8x202420252026
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 25.5x which is higher than its 3-year average PE of 19.8x.
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 3.1% 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 Market-2.45%
Energy7.27%
Utilities1.47%
Telecom-0.81%
Tech-1.87%
Financials-2.29%
Materials-2.57%
Consumer Discretionary-2.63%
Healthcare-3.03%
Industrials-3.22%
Real Estate-5.31%
Consumer Staples-6.17%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 43.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.8% 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 Financials sector is expected to see its earnings grow by 6.5% 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
RWE RWE€55.605.7%
+€2.1b		73.8%PE12.6xUtilities
DTG Daimler Truck Holding€43.736.0%
+€1.9b		12.2%PE15.1xIndustrials
BAS BASF€48.454.4%
+€1.6b		-5.8%PE29.6xMaterials
BAYN Bayer€39.133.6%
+€1.3b		70.9%PS0.8xHealthcare
EOAN E.ON€19.402.5%
+€1.2b		49.4%PE29.2xUtilities
See more

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