Dutch (AEX) Tech Sector Analysis

UpdatedMar 21, 2026

DataAggregated Company Financials

Companies10

7D-4.5%
3M25.3%
1Y68.3%
YTD14.5%

Over the last 7 days, the Tech industry has dropped 4.5%, driven by a pullback from ASML Holding of 4.4%. In the past year, the industry has gained 68%. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

Has the Dutch Tech Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 21 Mar 2026	€481.6b	€37.7b	€10.5b	43.4x	46x	12.8x
Mon, 16 Feb 2026	€509.2b	€37.8b	€10.5b	43.4x	48.3x	13.5x
Wed, 14 Jan 2026	€472.3b	€37.3b	€10.4b	38.7x	45.5x	12.7x
Fri, 12 Dec 2025	€403.4b	€37.3b	€10.4b	33.9x	38.9x	10.8x
Sun, 09 Nov 2025	€375.3b	€37.3b	€10.4b	32.9x	36.2x	10.1x
Tue, 07 Oct 2025	€388.2b	€37.3b	€10.1b	36.9x	38.5x	10.4x
Thu, 04 Sep 2025	€271.8b	€37.3b	€10.1b	28.9x	27x	7.3x
Sat, 02 Aug 2025	€261.7b	€37.3b	€10.1b	32.5x	25.9x	7x
Mon, 30 Jun 2025	€304.1b	€35.4b	€9.4b	42.8x	32.5x	8.6x
Wed, 28 May 2025	€295.8b	€35.4b	€9.4b	39.2x	31.6x	8.3x
Fri, 25 Apr 2025	€262.0b	€35.2b	€9.6b	27.8x	27.4x	7.4x
Sun, 23 Mar 2025	€291.3b	€32.8b	€8.4b	30.8x	34.6x	8.9x
Tue, 18 Feb 2025	€325.6b	€32.6b	€8.3b	37.7x	39.3x	10x
Thu, 16 Jan 2025	€322.2b	€30.9b	€7.6b	39.2x	42.3x	10.4x
Sat, 14 Dec 2024	€307.7b	€30.9b	€7.6b	38.3x	40.4x	10x
Mon, 11 Nov 2024	€279.5b	€30.9b	€7.6b	35.4x	36.7x	9.1x
Wed, 09 Oct 2024	€334.7b	€29.9b	€7.4b	40.6x	45.1x	11.2x
Fri, 06 Sep 2024	€320.1b	€29.9b	€7.4b	40.6x	43.2x	10.7x
Sun, 04 Aug 2024	€326.5b	€29.9b	€7.4b	43.3x	44x	10.9x
Tue, 02 Jul 2024	€423.2b	€30.5b	€7.8b	51.7x	54.4x	13.9x
Thu, 30 May 2024	€394.1b	€30.5b	€7.8b	49.4x	50.7x	12.9x
Sat, 27 Apr 2024	€380.7b	€30.7b	€7.8b	44.3x	48.9x	12.4x
Mon, 25 Mar 2024	€398.5b	€32.3b	€8.7b	41.5x	45.7x	12.4x
Wed, 21 Feb 2024	€368.6b	€32.3b	€8.8b	28.1x	41.7x	11.4x
Fri, 19 Jan 2024	€304.7b	€32.2b	€8.6b	21.5x	35.3x	9.4x
Sun, 17 Dec 2023	€311.5b	€32.3b	€8.6b	21.8x	36.1x	9.7x
Tue, 14 Nov 2023	€274.5b	€32.3b	€8.6b	23.1x	31.8x	8.5x
Thu, 12 Oct 2023	€253.0b	€31.4b	€7.9b	18.4x	32.2x	8.1x
Sat, 09 Sep 2023	€263.7b	€31.4b	€7.9b	21.7x	33.6x	8.4x
Mon, 07 Aug 2023	€278.3b	€31.4b	€7.9b	23.5x	35.4x	8.9x
Wed, 05 Jul 2023	€293.3b	€29.8b	€7.6b	23.8x	38.4x	9.8x
Fri, 02 Jun 2023	€297.7b	€29.8b	€7.6b	24.7x	39x	10x
Sun, 30 Apr 2023	€251.4b	€29.8b	€7.6b	21.1x	32.9x	8.4x
Tue, 28 Mar 2023	€264.2b	€26.4b	€6.1b	22.5x	43x	10x

Price to Earnings Ratio

43x

Tue, 28 Mar 2023

Current Industry PE

Investors are optimistic on the Dutch Information Technology industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 46.0x which is higher than its 3-year average PE of 38.9x.

The 3-year average PS ratio of 10.1x is lower than the industry's current PS ratio of 12.8x.

Past Earnings Growth

The earnings for companies in the Information Technology industry have grown 19% per year over the last three years.
Revenues for these companies have grown 13% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.