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Stock Market Valuation Statistics › Countries

Germany Stock Market Valuation

How expensive are German stocks compared with fair value? This figure comes from our valuation of 35,000+ stocks and updates monthly. Free to cite with attribution.

As of: 2026-10-01 · October 2026 · updated monthly

Germany vs. fair value
+12.1 %
above aggregate fair value
Rank
#16 / 20
by valuation, most expensive first
vs. global market
+14.8 %
Germany is cheaper

more than 10% below fair value (cheap)near fair value (±10%)more than 10% above fair value (expensive)

German stocks currently trade +12.1 % above their estimated fair value, ranking 16 of 20 markets we track. That is cheaper than the global market (+14.8 %).

All markets compared

#Market% above fair value
1 Italy +37.5 %
2 Finland +36.3 %
3 Switzerland +35.8 %
4 India +35.4 %
5 Israel +30.3 %
6 Vietnam +30.2 %
7 Singapore +26.8 %
8 Australia +23.9 %
9 USA +20.6 %
10 Sweden +18.9 %
11 Saudi Arabia +17.4 %
12 Taiwan +15.3 %
13 Canada +13.8 %
14 Norway +13.5 %
15 Korea +12.7 %
16 Germany +12.1 %
17 Poland +11.5 %
18 Thailand +9.0 %
19 Malaysia +8.1 %
20 UK +7.5 %

Most undervalued German stocks

Names with the largest upside to fair value at solid quality:

CompanyUpsideQuality
Deutsche Post AG +113.2 % 63/100
Hugo Boss AG +109.0 % 66/100
freenet AG +108.6 % 66/100
flatexDEGIRO AG +102.5 % 71/100
Bilfinger SE +83.9 % 65/100
Krones AG +76.8 % 61/100
Springer Nature AG & Co KGaA +53.3 % 74/100
Porsche Automobil Holding SE +47.6 % 66/100
Deutsche Wohnen SE +46.0 % 67/100
Fielmann Aktiengesellschaft +44.3 % 64/100
IONOS GROUP N +29.3 % 73/100
Scout24 AG +25.1 % 81/100

See all undervalued stocks →

Frequently asked questions

Are German stocks overvalued right now?

German stocks trade +12.1 % above their estimated fair value (as of October 2026). Among the 20 markets we track that is rank 16; rank 1 is the most expensive. For comparison: the world market is +14.8 % above fair value.

How is this figure calculated?

For every stock we compute a fair value from 26 independent valuation models on audited fundamentals. The figure is the capitalisation-weighted gap between prices and these fair values, across 379 stocks.

How current is this analysis?

It is recalculated every month; this version is from October 2026. The data is free to use under CC BY 4.0, source: Fair Value Calculator.

Which German stocks are most undervalued?

According to our models, currently among others Deutsche Post AG, Hugo Boss AG, freenet AG. The full list is on this page. This is not investment advice.

Cite or reuse this figure

Suggested citation: Fair Value Calculator, Stock Market Valuation Statistics (October 2026). https://www.fairvalue-calculator.com/stock-market-valuation-statistics/country/germany

Free to use under CC BY 4.0. Raw data as CSV/JSON and code samples: /developers

Methodology: fair value per stock from 26 independent valuation models, quality from 37 fundamental factors, backed by a 34-year backtest. "% above fair value" = capitalisation-weighted gap of price to the aggregate fair value of the group. For information, not investment advice.