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German (DAX) Market Analysis & Valuation

UpdatedOct 30, 2025
DataAggregated Company Financials
Companies753
  • 7D0.07%
  • 3M-1.5%
  • 1Y13.5%
  • YTD11.8%

Over the last 7 days, the market has remained flat, although notably the Communication Services sector declined by 4.7%. As for the longer term, the market has risen 13% in the past 12 months. Looking forward, earnings are forecast to grow by 17% 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, 31 Oct 2025€2.6t€2.7t€101.0b18.2x25.5x1x
Sun, 28 Sep 2025€2.5t€2.7t€102.0b18.6x24.8x0.9x
Tue, 26 Aug 2025€2.6t€2.7t€100.3b19.2x26.2x1x
Thu, 24 Jul 2025€2.6t€2.7t€104.3b18.8x24.9x1x
Sat, 21 Jun 2025€2.5t€2.7t€103.6b18.6x24.1x0.9x
Mon, 19 May 2025€2.6t€2.7t€103.5b19.3x25x1x
Wed, 16 Apr 2025€2.4t€2.7t€107.8b17.8x22x0.9x
Fri, 14 Mar 2025€2.5t€2.7t€123.5b16.7x20.3x0.9x
Sun, 09 Feb 2025€2.4t€2.7t€113.3b16.7x21.5x0.9x
Tue, 07 Jan 2025€2.3t€2.7t€114.5b16.2x20.1x0.8x
Thu, 05 Dec 2024€2.3t€2.7t€114.1b15.8x20.2x0.8x
Sat, 02 Nov 2024€2.2t€2.7t€115.9b15.3x19.4x0.8x
Mon, 30 Sep 2024€2.3t€2.7t€119.8b16.7x19.2x0.9x
Wed, 28 Aug 2024€2.2t€2.7t€119.0b16.6x18.6x0.8x
Fri, 26 Jul 2024€2.2t€2.7t€110.2b17.5x19.8x0.8x
Sun, 23 Jun 2024€2.2t€2.7t€110.6b17.2x19.6x0.8x
Tue, 21 May 2024€2.3t€2.7t€110.1b17.7x20.6x0.8x
Thu, 18 Apr 2024€2.2t€2.8t€119.1b17.1x18.6x0.8x
Sat, 16 Mar 2024€2.2t€2.8t€121.3b16x18.4x0.8x
Mon, 12 Feb 2024€2.1t€2.9t€152.2b16.1x14.1x0.8x
Wed, 10 Jan 2024€2.1t€2.9t€146.5b16.2x14.7x0.8x
Fri, 08 Dec 2023€2.1t€2.9t€147.7b16x14.5x0.7x
Sun, 05 Nov 2023€2.0t€2.9t€160.8b15.8x12.6x0.7x
Tue, 03 Oct 2023€2.1t€3.0t€131.2b16x15.8x0.7x
Thu, 31 Aug 2023€2.1t€3.0t€131.9b16.2x16.3x0.7x
Sat, 29 Jul 2023€2.2t€3.0t€138.5b17.1x16.1x0.7x
Mon, 26 Jun 2023€2.1t€3.0t€140.4b17.2x15.3x0.7x
Wed, 24 May 2023€2.2t€3.0t€136.8b17.3x16x0.7x
Fri, 21 Apr 2023€2.2t€3.0t€147.2b17.1x15.1x0.7x
Sun, 19 Mar 2023€2.0t€2.9t€146.7b16x13.8x0.7x
Tue, 14 Feb 2023€2.1t€2.6t€173.4b15.9x12.4x0.8x
Thu, 12 Jan 2023€2.1t€2.6t€172.9b16.2x12x0.8x
Sat, 10 Dec 2022€2.0t€2.6t€173.3b16.1x11.4x0.8x
Mon, 07 Nov 2022€1.9t€2.6t€169.6b15.1x11.1x0.7x
Price to Earnings Ratio

11.1x


Total Market Cap: €1.9tTotal Earnings: €169.6bTotal Revenue: €2.6tTotal Market Cap vs Earnings and Revenue0%0%0%
German Market Price to Earnings3Y Average 18.2x202320242025
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 18.2x.
Past Earnings Growth
  • The earnings for German listed companies have declined 16% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the German Market?

DE Market0.069%
Consumer Discretionary2.37%
Industrials2.09%
Utilities1.40%
Financials1.38%
Materials1.07%
Healthcare0.41%
Energy-0.22%
Consumer Staples-2.86%
Real Estate-3.21%
Tech-4.09%
Telecom-4.71%
Sector PE
  • Investors favour the Materials sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.0% which is higher than its past year's earnings decline of 1.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 9.8% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 7.0% 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
ENR Siemens Energy€106.107.3%
+€6.2b		182.7%PE94.8xIndustrials
SIE Siemens€247.003.1%
+€5.7b		38.5%PE24.3xIndustrials
DBK Deutsche Bank€31.148.2%
+€4.5b		99.3%PE11.5xFinancials
MBG Mercedes-Benz Group€56.436.1%
+€3.1b		1.3%PE8.7xConsumer Discretionary
ALV Allianz€356.101.7%
+€2.2b		23.0%PE13.5xFinancials
See more

Market Insights

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1Y
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MBG
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7D
6.1%
1Y
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5.2%
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Deutsche Börse
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SAP
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1Y
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ENR
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7D
7.3%
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BEI
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Beiersdorf
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1Y
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DTE
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1Y
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SIE
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3.1%
1Y
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RWE
€43.06
RWE
7D
6.5%
1Y
44.6%

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7D
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