Narrative Update • Aug 12

The market has been flat over the last week. Meanwhile, the market is actually up 6.1% over the past year. Earnings are forecast to grow by 13% annually.
Has the French Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 13 Aug 2026 | €3.1t | €2.1t | €151.6b | 16x | 20.5x | 1.4x |
| Sat, 11 Jul 2026 | €3.0t | €2.1t | €129.7b | 15.7x | 23.3x | 1.4x |
| Mon, 08 Jun 2026 | €3.0t | €2.1t | €129.1b | 16.3x | 23.2x | 1.4x |
| Wed, 06 May 2026 | €2.9t | €2.1t | €130.4b | 15.9x | 22.4x | 1.4x |
| Fri, 03 Apr 2026 | €2.9t | €2.1t | €128.7b | 16.1x | 22.6x | 1.4x |
| Sun, 01 Mar 2026 | €3.1t | €2.1t | €132.1b | 16.4x | 23.8x | 1.5x |
| Tue, 27 Jan 2026 | €3.0t | €2.1t | €130.3b | 16.7x | 23.4x | 1.4x |
| Thu, 25 Dec 2025 | €3.0t | €2.1t | €130.4b | 16.3x | 23.3x | 1.4x |
| Sat, 22 Nov 2025 | €3.0t | €2.1t | €130.9b | 15.7x | 22.9x | 1.4x |
| Mon, 20 Oct 2025 | €3.1t | €2.1t | €127.5b | 16.6x | 24.1x | 1.5x |
| Wed, 17 Sep 2025 | €2.9t | €2.1t | €128.0b | 15.7x | 23x | 1.4x |
| Fri, 15 Aug 2025 | €3.0t | €2.1t | €129.9b | 16.1x | 22.7x | 1.4x |
| Sun, 13 Jul 2025 | €3.0t | €2.1t | €146.5b | 16.1x | 20.3x | 1.4x |
| Tue, 10 Jun 2025 | €2.9t | €2.1t | €146.9b | 15.9x | 20.1x | 1.4x |
| Thu, 08 May 2025 | €2.9t | €2.1t | €146.2b | 15.1x | 19.9x | 1.4x |
| Sat, 05 Apr 2025 | €2.8t | €2.1t | €146.8b | 13.6x | 19x | 1.3x |
| Mon, 03 Mar 2025 | €3.1t | €2.2t | €146.7b | 15x | 21.3x | 1.4x |
| Wed, 29 Jan 2025 | €3.1t | €2.2t | €148.1b | 14.5x | 20.8x | 1.4x |
| Fri, 27 Dec 2024 | €2.8t | €2.2t | €148.0b | 13.7x | 19.1x | 1.3x |
| Sun, 24 Nov 2024 | €2.8t | €2.2t | €145.6b | 13.7x | 19x | 1.3x |
| Tue, 22 Oct 2024 | €2.9t | €2.1t | €147.7b | 14.2x | 19.5x | 1.4x |
| Thu, 19 Sep 2024 | €2.8t | €2.1t | €146.6b | 14.5x | 19.4x | 1.3x |
| Sat, 17 Aug 2024 | €2.9t | €2.1t | €147.4b | 14.7x | 19.5x | 1.4x |
| Mon, 15 Jul 2024 | €3.0t | €2.1t | €149.3b | 15.7x | 19.9x | 1.4x |
| Wed, 12 Jun 2024 | €3.0t | €2.1t | €149.5b | 16.5x | 20.2x | 1.4x |
| Fri, 10 May 2024 | €3.2t | €2.1t | €147.5b | 16.6x | 21.5x | 1.5x |
| Sun, 07 Apr 2024 | €3.1t | €2.1t | €103.4b | 15.6x | 30.2x | 1.5x |
| Tue, 05 Mar 2024 | €3.1t | €2.1t | €101.2b | 15x | 30.7x | 1.4x |
| Thu, 01 Feb 2024 | €3.0t | €2.2t | €102.6b | 14.9x | 29.3x | 1.4x |
| Sat, 30 Dec 2023 | €3.0t | €2.2t | €103.6b | 15x | 28.5x | 1.3x |
| Mon, 27 Nov 2023 | €2.9t | €2.2t | €106.5b | 14x | 26.9x | 1.3x |
| Wed, 25 Oct 2023 | €2.7t | €2.2t | €149.4b | 13.8x | 17.8x | 1.2x |
| Fri, 22 Sep 2023 | €2.8t | €2.2t | €149.8b | 14.2x | 18.9x | 1.3x |
| Sun, 20 Aug 2023 | €2.9t | €2.2t | €150.9b | 14.4x | 19x | 1.3x |
19x
Which sectors have driven the changes within the French Market?
| FR Market | -0.028% | |
| Energy | 2.15% | |
| Tech | 1.16% | |
| Telecom | 1.03% | |
| Industrials | 0.90% | |
| Financials | 0.27% | |
| Healthcare | -0.70% | |
| Real Estate | -0.81% | |
| Consumer Discretionary | -0.87% | |
| Materials | -1.66% | |
| Consumer Staples | -1.76% | |
| Utilities | -1.87% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| RMS Hermès International Société en commandite par actions | €1.60k | 3.7% +€6.0b | -22.7% | PE37.2x | Consumer Discretionary | |
| SU Schneider Electric | €311.00 | 3.5% +€6.0b | 42.7% | PE36.9x | Industrials | |
| TTE TotalEnergies | €75.53 | 2.3% +€3.8b | 43.8% | PE10.8x | Energy | |
| ACA Crédit Agricole | €20.17 | 4.2% +€2.5b | 18.4% | PB0.8x | Financials | |
| SAF Safran | €363.60 | 1.4% +€2.1b | 25.6% | PE38.8x | Industrials |