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German (DAX) Market Analysis & Valuation

UpdatedApr 12, 2025
DataAggregated Company Financials
Companies728
  • 7D-0.8%
  • 3M-0.9%
  • 1Y2.3%
  • YTD-0.3%

The Energy sector gained 3.6% while the market remained flat over the last week. In line with that, the market has also been flat over the past year. As for the next few years, earnings are expected to grow by 16% per annum.

Market Valuation and Performance

Has the German Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 12 Apr 2025€2.3t€2.7t€107.8b16.7x21.1x0.8x
Mon, 10 Mar 2025€2.6t€2.7t€124.9b17.2x20.5x0.9x
Wed, 05 Feb 2025€2.4t€2.7t€113.2b16.6x21.3x0.9x
Fri, 03 Jan 2025€2.3t€2.7t€114.5b15.9x19.9x0.8x
Sun, 01 Dec 2024€2.3t€2.7t€114.2b15.5x19.7x0.8x
Tue, 29 Oct 2024€2.3t€2.7t€118.0b16.3x19.5x0.9x
Thu, 26 Sep 2024€2.2t€2.7t€119.9b16.5x18.6x0.8x
Sat, 24 Aug 2024€2.2t€2.7t€118.4b16.4x18.6x0.8x
Mon, 22 Jul 2024€2.2t€2.7t€111.0b17.8x19.6x0.8x
Wed, 19 Jun 2024€2.2t€2.7t€110.7b17.1x19.7x0.8x
Fri, 17 May 2024€2.3t€2.7t€112.1b17.5x20.3x0.8x
Sun, 14 Apr 2024€2.2t€2.8t€119.7b17.2x18.8x0.8x
Tue, 12 Mar 2024€2.2t€2.8t€126.1b15.6x17.6x0.8x
Thu, 08 Feb 2024€2.2t€2.9t€149.7b16.2x14.4x0.8x
Sat, 06 Jan 2024€2.1t€2.9t€146.5b16.2x14.6x0.7x
Mon, 04 Dec 2023€2.1t€2.9t€147.4b16.1x14.5x0.7x
Wed, 01 Nov 2023€2.0t€3.0t€162.1b15.4x12.1x0.7x
Fri, 29 Sep 2023€2.1t€3.0t€131.1b15.8x15.7x0.7x
Sun, 27 Aug 2023€2.1t€3.0t€131.6b16.2x16.1x0.7x
Tue, 25 Jul 2023€2.2t€3.0t€133.4b16.9x16.3x0.7x
Thu, 22 Jun 2023€2.2t€3.0t€140.3b17.4x15.5x0.7x
Sat, 20 May 2023€2.2t€3.0t€137.4b17.3x16x0.7x
Mon, 17 Apr 2023€2.2t€3.0t€147.7b16.9x15.1x0.7x
Wed, 15 Mar 2023€2.1t€2.9t€153.7b15.8x13.9x0.7x
Fri, 10 Feb 2023€2.2t€2.6t€171.9b16.2x12.6x0.8x
Sun, 08 Jan 2023€2.0t€2.6t€172.9b16.1x11.7x0.8x
Tue, 06 Dec 2022€2.0t€2.6t€172.2b16x11.6x0.8x
Thu, 03 Nov 2022€1.9t€2.5t€170.8b15x10.9x0.7x
Sat, 01 Oct 2022€1.7t€2.5t€168.4b14.2x10.2x0.7x
Mon, 29 Aug 2022€1.8t€2.5t€163.4b15.5x11.1x0.7x
Wed, 27 Jul 2022€1.8t€2.6t€158.6b16.6x11.6x0.7x
Fri, 24 Jun 2022€1.8t€2.6t€159.3b16x11.5x0.7x
Sun, 22 May 2022€2.0t€2.6t€160.5b17.2x12.5x0.8x
Tue, 19 Apr 2022€2.1t€2.5t€143.4b18.9x14.6x0.8x
Price to Earnings Ratio

14.6x


Total Market Cap: €2.1tTotal Earnings: €143.4bTotal Revenue: €2.5tTotal Market Cap vs Earnings and Revenue0%0%0%
German Market Price to Earnings3Y Average 15.8x202320242025
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 21.1x which is higher than its 3-year average PE of 15.8x.
Past Earnings Growth
  • The earnings for German listed companies have declined 9.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the German Market?

DE Market-0.78%
Energy3.57%
Utilities1.10%
Industrials0.74%
Real Estate0.49%
Financials0.40%
Materials0.027%
Consumer Discretionary-0.67%
Healthcare-1.90%
Tech-2.11%
Telecom-3.68%
Consumer Staples-5.08%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 41.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 23.9%, which is higher than its past year's earnings growth of 3.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 56% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Utilities sector is expected to see its earnings decline by 2.0% 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
RHM Rheinmetall€1.36k6.6%
+€3.7b
150.5%PE73.5xIndustrials
ENR Siemens Energy€53.748.6%
+€3.4b
204.9%PS1.2xIndustrials
HLAG Hapag-Lloyd€130.007.5%
+€1.6b
-12.2%PE9.6xIndustrials
CBK Commerzbank€21.766.6%
+€1.6b
68.0%PB0.7xFinancials
EOAN E.ON€14.483.2%
+€1.2b
16.2%PE8.3xUtilities
See more
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Market Insights

Markets have been setting all kinds of records lately, some good, some less so. Major indexes have posted some of the biggest one-day point moves in history. In percentage terms...

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8TRA

€25.90

Traton

7D

-8.8%

1Y

-25.3%

SHL

€43.53

Siemens Healthineers

7D

-2.3%

1Y

-18.5%

DBK

€19.31

Deutsche Bank

7D

2.7%

1Y

30.6%

SIE

€180.68

Siemens

7D

-2.7%

1Y

4.6%

CBK

€21.76

Commerzbank

7D

6.6%

1Y

68.0%

HLAG

€130.00

Hapag-Lloyd

7D

7.5%

1Y

-12.2%

RHM

€1,360.50

Rheinmetall

7D

6.6%

1Y

150.5%

ENR

€53.74

Siemens Energy

7D

8.6%

1Y

204.9%

UN0

€40.50

Uniper

7D

4.9%

1Y

-20.7%