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German (DAX) Market Analysis & Valuation

UpdatedSep 03, 2025
DataAggregated Company Financials
Companies745
  • 7D-2.3%
  • 3M2.4%
  • 1Y13.9%
  • YTD4.4%

Over the last 7 days, the market has dropped 2.3%, driven by pullbacks in every sector, especially the Financials sector. In the last year, the market is actually up 14%. 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, 03 Sep 2025€2.9t€2.5t€95.1b18.5x30.8x1.2x
Fri, 01 Aug 2025€3.0t€2.7t€102.8b19x29.6x1.1x
Sun, 29 Jun 2025€2.6t€2.7t€103.7b19.1x24.7x0.9x
Tue, 27 May 2025€2.6t€2.8t€82.4b19.1x31.5x0.9x
Thu, 24 Apr 2025€2.4t€2.7t€110.3b17.9x22.1x0.9x
Sat, 22 Mar 2025€2.5t€2.7t€126.6b17.8x20.1x0.9x
Mon, 17 Feb 2025€2.5t€2.7t€112.2b17x22.3x0.9x
Wed, 15 Jan 2025€2.3t€2.7t€114.5b16x20x0.8x
Fri, 13 Dec 2024€2.3t€2.7t€114.2b16.2x20.4x0.9x
Sun, 10 Nov 2024€2.2t€2.7t€111.1b15.3x20.2x0.8x
Tue, 08 Oct 2024€2.3t€2.7t€119.4b17x19x0.8x
Thu, 05 Sep 2024€2.2t€2.7t€119.5b16.9x18.4x0.8x
Sat, 03 Aug 2024€2.1t€2.7t€110.5b17x19.1x0.8x
Mon, 01 Jul 2024€2.2t€2.7t€110.8b17.8x19.8x0.8x
Wed, 29 May 2024€2.3t€2.7t€110.8b17.7x20.4x0.8x
Fri, 26 Apr 2024€2.2t€2.8t€118.8b16.8x18.8x0.8x
Sun, 24 Mar 2024€2.3t€2.8t€122.4b16.5x18.5x0.8x
Tue, 20 Feb 2024€2.2t€2.9t€151.2b15.9x14.3x0.8x
Thu, 18 Jan 2024€2.1t€2.9t€146.5b16.1x14.3x0.7x
Sat, 16 Dec 2023€2.2t€2.9t€147.6b16.3x14.7x0.8x
Mon, 13 Nov 2023€2.0t€2.9t€150.5b15.5x13.4x0.7x
Wed, 11 Oct 2023€2.1t€3.0t€131.5b15.6x15.8x0.7x
Fri, 08 Sep 2023€2.1t€3.0t€131.2b16.2x16.1x0.7x
Sun, 06 Aug 2023€2.2t€3.0t€142.9b16.3x15.2x0.7x
Tue, 04 Jul 2023€2.2t€3.0t€138.8b17.4x15.7x0.7x
Thu, 01 Jun 2023€2.2t€3.0t€140.5b17.1x15.3x0.7x
Sat, 29 Apr 2023€2.2t€3.0t€147.5b17.2x15.1x0.7x
Mon, 27 Mar 2023€2.1t€3.0t€149.6b16x14.1x0.7x
Wed, 22 Feb 2023€2.2t€3.0t€160.5b16.3x13.5x0.7x
Fri, 20 Jan 2023€2.1t€2.6t€173.0b15.8x12x0.8x
Sun, 18 Dec 2022€1.9t€2.6t€173.1b15.6x11.1x0.7x
Tue, 15 Nov 2022€2.0t€2.6t€170.1b15.1x11.7x0.8x
Thu, 13 Oct 2022€1.7t€2.5t€169.1b13.7x10.2x0.7x
Sat, 10 Sep 2022€1.8t€2.5t€162.5b15.5x11x0.7x
Price to Earnings Ratio

11x


Total Market Cap: €1.8tTotal Earnings: €162.5bTotal Revenue: €2.5tTotal Market Cap vs Earnings and Revenue0%0%0%
German Market Price to Earnings3Y Average 17.6x202320242025
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 30.8x which is higher than its 3-year average PE of 17.6x.
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 Market-2.34%
Telecom-0.27%
Healthcare-1.72%
Consumer Staples-2.04%
Industrials-2.46%
Consumer Discretionary-2.63%
Utilities-2.74%
Tech-3.18%
Materials-3.49%
Financials-3.65%
Energy-4.44%
Real Estate-5.97%
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 30.7% 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.
  • However this is lower than its past earnings growth rate of 70% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 5.3% 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€1.75k6.9%
+€5.2b		236.3%PE94.8xIndustrials
EBK EnBW Energie Baden-Württemberg€70.403.5%
+€778.6m		3.5%PE63.1xUtilities
R3NK RENK Group€66.7611.7%
+€697.0m		173.6%PE86.9xIndustrials
HAG Hensoldt€92.455.4%
+€542.9m		201.3%PE118.6xIndustrials
SHA0 Schaeffler€5.9210.6%
+€533.9m		27.3%PS0.3xConsumer Discretionary
See more

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