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German (DAX) Market Analysis & Valuation

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies753
  • 7D0.5%
  • 3M-2.4%
  • 1Y14.2%
  • YTD11.0%

In the last week, the market has stayed flat, however the Consumer Discretionary sector stood out, gaining 3.6%. Meanwhile, the market is actually up 14% over the past year. 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
Thu, 13 Nov 2025€2.5t€2.7t€99.8b17.7x25.4x0.9x
Sat, 11 Oct 2025€2.6t€2.7t€101.5b18.4x25.3x1x
Mon, 08 Sep 2025€2.6t€2.7t€101.8b18.6x25.1x0.9x
Wed, 06 Aug 2025€2.6t€2.7t€101.8b18.5x25.4x1x
Fri, 04 Jul 2025€2.6t€2.7t€103.8b19x24.7x0.9x
Sun, 01 Jun 2025€2.6t€2.7t€103.4b18.6x25x1x
Tue, 29 Apr 2025€2.5t€2.7t€111.3b18.7x22.2x0.9x
Thu, 27 Mar 2025€2.5t€2.7t€132.1b17.7x19.1x0.9x
Sat, 22 Feb 2025€2.5t€2.7t€112.1b16.7x22.2x0.9x
Mon, 20 Jan 2025€2.4t€2.7t€114.2b16.3x20.6x0.9x
Wed, 18 Dec 2024€2.3t€2.7t€114.2b15.6x20.1x0.8x
Fri, 15 Nov 2024€2.2t€2.7t€110.5b15.2x20.3x0.8x
Sun, 13 Oct 2024€2.3t€2.7t€119.0b16.5x19.2x0.8x
Tue, 10 Sep 2024€2.2t€2.7t€119.5b16.4x18.2x0.8x
Thu, 08 Aug 2024€2.1t€2.7t€113.0b16.9x18.6x0.8x
Sat, 06 Jul 2024€2.2t€2.7t€111.3b18.1x19.8x0.8x
Mon, 03 Jun 2024€2.2t€2.7t€110.9b17.6x20.2x0.8x
Wed, 01 May 2024€2.2t€2.8t€122.2b17.1x18.2x0.8x
Fri, 29 Mar 2024€2.3t€2.8t€119.5b16.6x19.3x0.8x
Sun, 25 Feb 2024€2.2t€2.8t€154.9b15.7x14.2x0.8x
Tue, 23 Jan 2024€2.1t€2.9t€146.5b16.3x14.5x0.7x
Thu, 21 Dec 2023€2.2t€2.9t€147.5b16.3x14.7x0.8x
Sat, 18 Nov 2023€2.1t€2.9t€151.9b16.1x13.8x0.7x
Mon, 16 Oct 2023€2.0t€3.0t€131.5b15.9x15.5x0.7x
Wed, 13 Sep 2023€2.1t€3.0t€131.1b16.2x16.2x0.7x
Fri, 11 Aug 2023€2.2t€3.0t€135.3b16.6x16x0.7x
Sun, 09 Jul 2023€2.1t€3.0t€138.8b16.8x15.3x0.7x
Tue, 06 Jun 2023€2.2t€3.0t€140.2b17.1x15.6x0.7x
Thu, 04 May 2023€2.2t€3.0t€146.5b17.5x15.1x0.7x
Sat, 01 Apr 2023€2.2t€3.0t€149.4b16.4x14.8x0.7x
Mon, 27 Feb 2023€2.1t€2.9t€158.1b15.7x13.5x0.7x
Wed, 25 Jan 2023€2.1t€2.6t€173.1b16x12.1x0.8x
Fri, 23 Dec 2022€1.9t€2.6t€172.9b15.5x11x0.7x
Sun, 20 Nov 2022€2.0t€2.7t€170.6b15.4x11.7x0.7x
Price to Earnings Ratio

11.7x


Total Market Cap: €2.0tTotal Earnings: €170.6bTotal Revenue: €2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
German Market Price to Earnings3Y Average 18.4x202320242025
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 25.4x which is higher than its 3-year average PE of 18.4x.
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 Market0.49%
Consumer Discretionary3.64%
Energy1.96%
Financials1.47%
Industrials1.23%
Consumer Staples1.07%
Telecom0.93%
Materials0.72%
Utilities0.23%
Real Estate0.15%
Healthcare-2.39%
Tech-3.42%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 44.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.0%, which is higher than its past year's earnings growth of 9.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 48% 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 7.7% 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
DHL Deutsche Post€45.1813.3%
+€5.9b		31.4%PE14.3xIndustrials
SIE Siemens€250.402.2%
+€4.2b		39.6%PE24.6xIndustrials
DTE Deutsche Telekom€27.312.6%
+€3.3b		-1.9%PE10.3xTelecom
DBK Deutsche Bank€33.355.4%
+€3.3b		114.1%PE12.3xFinancials
RWE RWE€46.8610.0%
+€3.1b		46.6%PE13.6xUtilities
See more

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