/SAPEQUITY

SAP SE

TickerSAPEQUITY

Drawdown from all-time high

0.0%

Bear market

Last close: 214.40 EUROct 23, 2026
All time high: 280.30 EURFeb 13, 2025
Days below the high: 617 days
Gain to get back: +30.7%

THE FALL IN CONTEXT

Daily closes since Apr 9, 1998

Last time this far below the high: Mar 15, 2023-23.8%, before this fall
Today's level first reached: Oct 22, 2024then up to the high of Feb 13, 2025
Worst fall: -85.4%Mar 7, 2000 to Oct 7, 2002, back at the high on Oct 30, 2015
Longest time under the high: 15.6 yearsMar 7, 2000 to Oct 30, 2015

ATH

-23.5%

280.30 EUR · 02-13

2025-02-13

PERIOD · 1Y

-11.4%

242.00 EUR · 10-23

2025-10-23

PERIOD · 3Y

-23.5%

280.30 EUR · 02-13

2025-02-13

PRICE · 1D CLOSE

FALLS OF 20% OR MORE

6 falls of 20% or more from the high since Apr 9, 1998

Peak	Low	Fall	Down	Up	Back at the high	Under the high
Feb 13, 2025	Jul 23, 2026	-54.2%	17 months	—	In progress	20 months
Mar 7, 2000	Oct 7, 2002	-85.4%	2.6 years	13.1 years	Oct 30, 2015	15.6 years
Jul 31, 1998	Apr 20, 1999	-60.6%	9 months	11 months	Mar 6, 2000	19 months
Aug 26, 2020	Sep 23, 2022	-43.0%	2.1 years	14 months	Nov 23, 2023	3.2 years
Feb 19, 2020	Mar 19, 2020	-32.3%	29 days	4 months	Jul 6, 2020	5 months
Sep 27, 2018	Jan 3, 2019	-21.8%	3 months	4 months	Apr 24, 2019	7 months

YEAR BY YEAR

How to read it

Year: The calendar year. The current year is still open and a first year that starts late is not whole, so neither counts in the averages.
Worst fall in the year: The deepest drop within the year, from a close to a lower close later in the same year.; The word beside it sizes the fall for this kind of asset: At its high at 0.0%, Minor dip below that, Pullback from -5.0%, Correction from -10.0%, Bear market from -20.0%.; The bar's length is the fall against the deepest row of the table, its colour the fall's severity.
Peak: The close the worst fall started from. It is not always the year's highest close.
Trough: The lowest close of that fall.
Days: Calendar days from the peak to the trough, weekends included.
Return: The year's last close over the last close of the year before, or the latest close for the current year. It does not depend on the fall.

That is why a deep fall and a positive return can share a row: the fall measures the worst stretch along the way, the return where the year ended or stands today.

Over 27 whole years, the worst fall within a year averaged -25.3% and took 118 days from peak to trough. The deepest was -76.1% in 2002.

Year	Worst fall in the year	Peak	Trough	Days	Return
2026to date	-39.9%Bear market	Jan 13, 2026213.45	Jul 23, 2026128.32	191 days	+2.9%
2025	-26.9%Bear market	Feb 13, 2025280.30	Nov 25, 2025204.85	285 days	-11.8%
2024	-9.2%Pullback	Mar 26, 2024182.60	Apr 19, 2024165.80	24 days	+69.4%
2023	-8.0%Pullback	Sep 8, 2023131.48	Sep 26, 2023120.98	18 days	+44.7%
2022	-35.1%Bear market	Jan 5, 2022124.82	Sep 23, 202281.06	261 days	-22.8%
2021	-12.2%Correction	Nov 5, 2021128.98	Nov 30, 2021113.18	25 days	+16.5%
2020	-36.6%Bear market	Aug 26, 2020142.26	Nov 2, 202090.18	68 days	-10.9%
2019	-16.9%Correction	Jul 3, 2019124.38	Oct 2, 2019103.34	91 days	+38.4%
2018	-20.4%Bear market	Sep 26, 2018107.80	Dec 27, 201885.79	92 days	-7.0%
2017	-9.3%Pullback	Jun 2, 201796.10	Aug 29, 201787.14	88 days	+12.8%