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Spanish (IBEX) Market Analysis & Valuation

UpdatedOct 15, 2025
DataAggregated Company Financials
Companies243
  • 7D0.07%
  • 3M10.6%
  • 1Y23.4%
  • YTD27.2%

The market has been flat in the last week, however the Consumer Staples sector is down 6.3%. As for the longer term, the market has risen 23% in the past 12 months. Looking forward, earnings are forecast to grow by 5.1% annually.

Trending IndustriesRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Oct 2025€996.1b€593.1b€65.7b17.7x15.2x1.7x
Fri, 12 Sep 2025€982.5b€593.0b€65.8b18.5x14.9x1.7x
Sun, 10 Aug 2025€952.6b€592.8b€65.7b18.5x14.5x1.6x
Tue, 08 Jul 2025€910.5b€588.9b€64.7b18.6x14.1x1.5x
Thu, 05 Jun 2025€920.0b€589.1b€64.7b19.3x14.2x1.6x
Sat, 03 May 2025€885.1b€583.8b€63.2b18.8x14x1.5x
Mon, 31 Mar 2025€874.6b€581.2b€62.8b18.8x13.9x1.5x
Wed, 26 Feb 2025€866.3b€576.0b€58.5b19.5x14.8x1.5x
Fri, 24 Jan 2025€795.4b€573.7b€57.4b18.9x13.9x1.4x
Sun, 22 Dec 2024€771.3b€573.6b€57.2b19x13.5x1.3x
Tue, 19 Nov 2024€788.4b€576.3b€58.4b19.3x13.5x1.4x
Thu, 17 Oct 2024€814.6b€571.8b€56.0b19x14.5x1.4x
Sat, 14 Sep 2024€784.3b€571.7b€56.0b19.5x14x1.4x
Mon, 12 Aug 2024€728.8b€570.8b€56.0b18.9x13x1.3x
Wed, 10 Jul 2024€744.9b€564.8b€53.6b17.5x13.9x1.3x
Fri, 07 Jun 2024€779.8b€563.9b€53.3b17.6x14.6x1.4x
Sun, 05 May 2024€737.7b€564.1b€53.2b16.2x13.9x1.3x
Tue, 02 Apr 2024€736.1b€559.9b€50.6b16.4x14.6x1.3x
Thu, 29 Feb 2024€678.4b€558.1b€51.7b15.2x13.1x1.2x
Sat, 27 Jan 2024€677.2b€557.6b€53.9b15x12.6x1.2x
Mon, 25 Dec 2023€690.1b€557.5b€54.0b15.3x12.8x1.2x
Wed, 22 Nov 2023€670.8b€560.2b€53.5b15.1x12.5x1.2x
Fri, 20 Oct 2023€631.0b€570.6b€51.4b14.5x12.3x1.1x
Sun, 17 Sep 2023€657.9b€569.4b€51.2b14.9x12.9x1.2x
Tue, 15 Aug 2023€644.5b€569.3b€51.2b15.4x12.6x1.1x
Thu, 13 Jul 2023€651.7b€577.5b€50.9b17.2x12.8x1.1x
Sat, 10 Jun 2023€643.8b€577.0b€51.0b17.3x12.6x1.1x
Mon, 08 May 2023€634.2b€564.9b€50.4b18.1x12.6x1.1x
Wed, 05 Apr 2023€636.5b€561.1b€49.8b17x12.8x1.1x
Fri, 03 Mar 2023€641.3b€556.5b€51.4b17.1x12.5x1.2x
Sun, 29 Jan 2023€619.8b€522.8b€42.5b17.6x14.6x1.2x
Tue, 27 Dec 2022€570.9b€522.8b€42.5b16.9x13.4x1.1x
Thu, 24 Nov 2022€576.1b€521.2b€43.8b17.2x13.1x1.1x
Sat, 22 Oct 2022€539.0b€516.9b€43.2b16.1x12.5x1x
Price to Earnings Ratio

12.5x


Total Market Cap: €539.0bTotal Earnings: €43.2bTotal Revenue: €516.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Market Price to Earnings3Y Average 13.5x202320242025
Current Market PE
  • Investors are optimistic on the Spanish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 15.2x which is higher than its 3-year average PE of 13.5x.
Past Earnings Growth
  • The earnings for Spanish listed companies have grown 15% per year over the last three years.
  • Revenues for these companies have grown 4.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Spanish Market?

ES Market0.074%
Utilities2.51%
Tech1.92%
Industrials1.41%
Telecom0.98%
Real Estate0.64%
Financials-0.023%
Healthcare-1.12%
Energy-1.98%
Consumer Discretionary-2.44%
Materials-2.66%
Consumer Staples-6.32%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 37.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.9%, which is higher than its past year's earnings growth of 5.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Industrials sector is expected to see its earnings decline by 8.5% 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
IBE Iberdrola€16.762.0%
+€2.2b		18.2%PE22.5xUtilities
ELE Endesa€29.114.3%
+€1.3b		46.5%PE14.4xUtilities
AENA Aena S.M.E€23.082.7%
+€900.0m		11.0%PE17.1xIndustrials
TEF Telefónica€4.482.9%
+€710.4m		-1.2%PS0.6xTelecom
RED Redeia Corporación€16.843.8%
+€335.1m		-2.9%PE17.8xUtilities
See more

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