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German (DAX) Market Analysis & Valuation

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies768
  • 7D0.8%
  • 3M7.3%
  • 1Y6.3%
  • YTD2.3%

The Real Estate sector gained 3.1% while the market remained flat over the last week. Meanwhile, the market is actually up 6.3% 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
Wed, 25 Feb 2026€2.7t€2.7t€107.0b17.7x25.1x1x
Fri, 23 Jan 2026€2.7t€2.7t€104.1b18.2x25.5x1x
Sun, 21 Dec 2025€2.6t€2.7t€103.6b18x25.1x1x
Tue, 18 Nov 2025€2.5t€2.7t€104.9b17.5x23.9x0.9x
Thu, 16 Oct 2025€2.6t€2.7t€101.5b18.6x25.3x0.9x
Sat, 13 Sep 2025€2.5t€2.7t€101.7b18.3x24.9x0.9x
Mon, 11 Aug 2025€2.6t€2.7t€104.0b18.8x25.2x1x
Wed, 09 Jul 2025€2.6t€2.7t€104.0b19x24.9x1x
Fri, 06 Jun 2025€2.6t€2.7t€103.6b19.2x25.2x1x
Sun, 04 May 2025€2.5t€2.7t€109.8b18.5x23.1x0.9x
Tue, 01 Apr 2025€2.5t€2.7t€108.4b17.4x22.6x0.9x
Thu, 27 Feb 2025€2.5t€2.7t€114.7b17x22.1x0.9x
Sat, 25 Jan 2025€2.4t€2.7t€114.2b16.7x21x0.9x
Mon, 23 Dec 2024€2.3t€2.7t€114.3b15.4x19.8x0.8x
Wed, 20 Nov 2024€2.2t€2.7t€112.2b15.5x19.8x0.8x
Fri, 18 Oct 2024€2.3t€2.7t€119.0b16.2x19.4x0.9x
Sun, 15 Sep 2024€2.2t€2.7t€119.6b16.2x18.4x0.8x
Tue, 13 Aug 2024€2.1t€2.7t€119.3b17.1x17.7x0.8x
Thu, 11 Jul 2024€2.2t€2.7t€111.4b18x19.8x0.8x
Sat, 08 Jun 2024€2.2t€2.7t€110.9b18.4x20.2x0.8x
Mon, 06 May 2024€2.2t€2.8t€120.2b17.3x18.5x0.8x
Wed, 03 Apr 2024€2.3t€2.8t€119.3b16.9x19.1x0.8x
Fri, 01 Mar 2024€2.2t€2.8t€152.8b15.8x14.5x0.8x
Sun, 28 Jan 2024€2.2t€2.9t€148.3b16.5x14.6x0.8x
Tue, 26 Dec 2023€2.2t€2.9t€147.3b16.3x14.6x0.8x
Thu, 23 Nov 2023€2.1t€2.9t€150.5b16.1x13.9x0.7x
Sat, 21 Oct 2023€2.0t€3.0t€132.1b15.6x15x0.7x
Mon, 18 Sep 2023€2.1t€3.0t€131.3b16.2x16.3x0.7x
Wed, 16 Aug 2023€2.1t€3.0t€134.2b16.4x16x0.7x
Fri, 14 Jul 2023€2.2t€3.0t€138.9b16.7x15.8x0.7x
Sun, 11 Jun 2023€2.2t€3.0t€140.2b17.2x15.6x0.7x
Tue, 09 May 2023€2.2t€3.0t€144.4b17.6x15.2x0.7x
Thu, 06 Apr 2023€2.2t€3.0t€149.3b16.2x14.7x0.7x
Sat, 04 Mar 2023€2.2t€2.9t€156.9b15.6x13.9x0.8x
Price to Earnings Ratio

13.9x


Total Market Cap: €2.2tTotal Earnings: €156.9bTotal 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 25.1x which is higher than its 3-year average PE of 19.6x.
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 2.3% 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 Market0.83%
Real Estate3.09%
Financials2.39%
Industrials1.69%
Tech1.10%
Consumer Staples0.75%
Telecom0.56%
Materials0.42%
Utilities-0.25%
Consumer Discretionary-0.65%
Healthcare-2.57%
Energy-3.28%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 31.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.7% 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 54% 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 4.7% 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
RHM Rheinmetall€1.72k7.0%
+€5.2b		81.0%PE91.8xIndustrials
ENR Siemens Energy€166.003.1%
+€4.2b		222.1%PE75xIndustrials
SIE Siemens€239.501.6%
+€2.9b		10.6%PE23.4xIndustrials
IFX Infineon Technologies€46.684.7%
+€2.7b		26.1%PE60.6xTech
ALV Allianz€378.501.6%
+€2.3b		16.1%PE14.3xFinancials
See more

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