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German (DAX) Market Analysis & Valuation

UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies768
  • 7D0.3%
  • 3M6.5%
  • 1Y6.3%
  • YTD2.4%

In the last week, the market has been flat, with a notable exception in the Healthcare sector dropping 3.7%. Meanwhile, the market is actually up 6.3% 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
Thu, 26 Feb 2026€2.7t€2.7t€106.9b17.9x25.1x1x
Sat, 24 Jan 2026€2.7t€2.7t€104.1b18.2x25.5x1x
Mon, 22 Dec 2025€2.6t€2.7t€103.6b18x25.1x1x
Wed, 19 Nov 2025€2.5t€2.7t€104.6b17.3x23.6x0.9x
Fri, 17 Oct 2025€2.6t€2.7t€101.5b18.2x25.3x1x
Sun, 14 Sep 2025€2.5t€2.7t€101.7b18.3x24.9x0.9x
Tue, 12 Aug 2025€2.6t€2.7t€103.8b19.1x25.2x1x
Thu, 10 Jul 2025€2.6t€2.7t€104.0b19x25.2x1x
Sat, 07 Jun 2025€2.6t€2.7t€103.6b19.3x25.2x1x
Mon, 05 May 2025€2.5t€2.7t€107.9b18.8x23.5x0.9x
Wed, 02 Apr 2025€2.5t€2.7t€108.2b17.8x23x0.9x
Fri, 28 Feb 2025€2.5t€2.7t€121.6b16.8x20.7x0.9x
Sun, 26 Jan 2025€2.4t€2.7t€114.2b16.7x21x0.9x
Tue, 24 Dec 2024€2.3t€2.7t€114.4b15.6x19.8x0.8x
Thu, 21 Nov 2024€2.2t€2.7t€112.1b15.7x19.7x0.8x
Sat, 19 Oct 2024€2.3t€2.7t€119.0b16.3x19.5x0.9x
Mon, 16 Sep 2024€2.2t€2.7t€119.6b16.2x18.4x0.8x
Wed, 14 Aug 2024€2.1t€2.7t€117.1b16.8x18.1x0.8x
Fri, 12 Jul 2024€2.2t€2.7t€111.4b18x19.9x0.8x
Sun, 09 Jun 2024€2.2t€2.7t€110.9b18.4x20.2x0.8x
Tue, 07 May 2024€2.2t€2.8t€120.2b17.3x18.6x0.8x
Thu, 04 Apr 2024€2.3t€2.8t€119.3b17x19.2x0.8x
Sat, 02 Mar 2024€2.2t€2.9t€124.7b15.9x17.8x0.8x
Mon, 29 Jan 2024€2.2t€2.9t€148.3b16.5x14.6x0.8x
Wed, 27 Dec 2023€2.2t€2.9t€147.3b16.3x14.6x0.8x
Fri, 24 Nov 2023€2.1t€2.9t€150.5b16x13.9x0.7x
Sun, 22 Oct 2023€2.0t€3.0t€132.1b15.6x15x0.7x
Tue, 19 Sep 2023€2.1t€3.0t€131.2b16.1x16.1x0.7x
Thu, 17 Aug 2023€2.2t€3.0t€132.2b16.5x16.3x0.7x
Sat, 15 Jul 2023€2.2t€3.0t€138.9b16.8x15.8x0.7x
Mon, 12 Jun 2023€2.2t€3.0t€140.2b17.2x15.6x0.7x
Wed, 10 May 2023€2.2t€3.0t€144.2b17.6x15.2x0.7x
Fri, 07 Apr 2023€2.2t€3.0t€149.5b16.3x14.7x0.7x
Sun, 05 Mar 2023€2.2t€2.9t€156.7b15.6x13.9x0.8x
Price to Earnings Ratio

13.9x


Total Market Cap: €2.2tTotal Earnings: €156.7bTotal 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 25.1x 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 2.3% 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 Market0.30%
Consumer Staples1.94%
Industrials1.82%
Financials1.30%
Real Estate0.59%
Materials0.15%
Utilities-0.31%
Telecom-0.45%
Consumer Discretionary-0.47%
Tech-0.56%
Energy-1.28%
Healthcare-3.70%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 32.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.9% 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 55% 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
DTE Deutsche Telekom€33.593.8%
+€5.8b		-0.7%PE13.2xTelecom
ALV Allianz€380.902.3%
+€3.2b		13.8%PE14.4xFinancials
MUV2 Münchener Rückversicherungs-Gesellschaft in München€555.204.4%
+€3.0b		0.6%PE11.3xFinancials
EOAN E.ON€19.364.2%
+€2.0b		55.8%PE16.9xUtilities
ENR Siemens Energy€168.801.3%
+€1.8b		201.8%PE76.3xIndustrials
See more

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