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German (DAX) Market Analysis & Valuation

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies770
  • 7D0.06%
  • 3M7.0%
  • 1Y7.0%
  • YTD3.3%

In the last week, the market has stayed flat, however the Energy sector stood out, gaining 5.6%. More promisingly, the market is up 7.0% 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
Sun, 01 Mar 2026€2.7t€2.7t€105.0b18.1x25.8x1x
Tue, 27 Jan 2026€2.7t€2.7t€104.1b18.3x25.6x1x
Thu, 25 Dec 2025€2.6t€2.7t€103.6b17.9x25.1x1x
Sat, 22 Nov 2025€2.5t€2.7t€104.7b17.5x23.5x0.9x
Mon, 20 Oct 2025€2.5t€2.7t€101.5b18.1x25x0.9x
Wed, 17 Sep 2025€2.5t€2.7t€101.9b18.6x24.5x0.9x
Fri, 15 Aug 2025€2.6t€2.7t€101.6b19.1x26x1x
Sun, 13 Jul 2025€2.6t€2.7t€103.8b19x25x1x
Tue, 10 Jun 2025€2.6t€2.7t€103.6b19.2x25.1x1x
Thu, 08 May 2025€2.5t€2.7t€107.7b18.8x23.5x0.9x
Sat, 05 Apr 2025€2.3t€2.7t€108.0b17.3x21.3x0.9x
Mon, 03 Mar 2025€2.5t€2.7t€125.5b16.6x20x0.9x
Wed, 29 Jan 2025€2.4t€2.7t€114.2b16.6x20.9x0.9x
Fri, 27 Dec 2024€2.3t€2.7t€114.2b15.5x19.8x0.8x
Sun, 24 Nov 2024€2.2t€2.7t€112.8b15.7x19.9x0.8x
Tue, 22 Oct 2024€2.3t€2.7t€119.0b16.2x19.3x0.9x
Thu, 19 Sep 2024€2.2t€2.7t€119.6b16.3x18.4x0.8x
Sat, 17 Aug 2024€2.2t€2.7t€118.2b17.4x18.4x0.8x
Mon, 15 Jul 2024€2.2t€2.7t€111.2b17.9x20.1x0.8x
Wed, 12 Jun 2024€2.2t€2.7t€110.8b17.9x20.1x0.8x
Fri, 10 May 2024€2.3t€2.7t€113.9b17.4x19.9x0.8x
Sun, 07 Apr 2024€2.3t€2.8t€119.5b17.2x19.1x0.8x
Tue, 05 Mar 2024€2.2t€2.8t€125.8b15.9x17.6x0.8x
Thu, 01 Feb 2024€2.2t€2.9t€148.3b16.3x14.6x0.8x
Sat, 30 Dec 2023€2.2t€2.9t€147.2b16.7x14.7x0.8x
Mon, 27 Nov 2023€2.1t€2.9t€147.8b16.2x14.2x0.7x
Wed, 25 Oct 2023€2.0t€3.0t€132.1b15.8x15x0.7x
Fri, 22 Sep 2023€2.1t€3.0t€131.2b16x16x0.7x
Sun, 20 Aug 2023€2.1t€3.0t€131.8b16.5x16.1x0.7x
Tue, 18 Jul 2023€2.2t€3.0t€138.8b16.8x15.7x0.7x
Thu, 15 Jun 2023€2.2t€3.0t€140.2b17.4x15.8x0.7x
Sat, 13 May 2023€2.2t€3.0t€142.3b17.2x15.2x0.7x
Mon, 10 Apr 2023€2.2t€3.0t€148.2b16.6x14.8x0.7x
Wed, 08 Mar 2023€2.2t€2.9t€155.7b15.7x14x0.8x
Price to Earnings Ratio

14x


Total Market Cap: €2.2tTotal Earnings: €155.7bTotal 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 25.8x 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 2.4% 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 Market0.059%
Energy5.65%
Telecom3.15%
Utilities3.13%
Real Estate2.22%
Financials0.97%
Consumer Staples0.74%
Tech-0.40%
Industrials-0.62%
Consumer Discretionary-1.18%
Healthcare-1.27%
Materials-2.29%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 35.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.3% 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 57% 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 6.6% 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€34.094.2%
+€9.4b		-1.9%PE17.1xTelecom
EOAN E.ON€19.685.6%
+€2.7b		59.9%PE17.1xUtilities
DB1 Deutsche Börse€232.405.7%
+€2.3b		-7.5%PE21.3xFinancials
NDX1 Nordex€43.1226.9%
+€2.2b		230.4%PE37.1xIndustrials
RWE RWE€54.545.2%
+€1.9b		79.9%PE18xUtilities
See more

Market Insights

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