Narrative Update • Jun 26

Over the last 7 days, the Pharma industry has risen 3.1%, driven by gains from Haleon of 0.7%. This means that the industry has gained 29% over the past year. Earnings are forecast to grow by 10% annually.
Has the U.K. Pharma Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 Jul 2026 | UK£333.8b | UK£92.5b | UK£15.9b | 18.4x | 21x | 3.6x |
| Fri, 29 May 2026 | UK£325.6b | UK£91.9b | UK£15.8b | 18.2x | 20.6x | 3.5x |
| Sun, 26 Apr 2026 | UK£334.5b | UK£90.2b | UK£15.5b | 19x | 21.6x | 3.7x |
| Tue, 24 Mar 2026 | UK£328.0b | UK£90.5b | UK£15.6b | 21.1x | 21x | 3.6x |
| Thu, 19 Feb 2026 | UK£369.1b | UK£90.1b | UK£15.4b | 24x | 24x | 4.1x |
| Sat, 17 Jan 2026 | UK£329.1b | UK£89.7b | UK£14.6b | 21.3x | 22.5x | 3.7x |
| Mon, 15 Dec 2025 | UK£319.1b | UK£89.7b | UK£14.6b | 21x | 21.8x | 3.6x |
| Wed, 12 Nov 2025 | UK£321.4b | UK£90.4b | UK£14.8b | 21.9x | 21.8x | 3.6x |
| Fri, 10 Oct 2025 | UK£303.4b | UK£88.2b | UK£11.8b | 19.9x | 25.7x | 3.4x |
| Sun, 07 Sep 2025 | UK£285.8b | UK£87.5b | UK£11.7b | 22x | 24.4x | 3.3x |
| Tue, 05 Aug 2025 | UK£267.7b | UK£88.2b | UK£11.5b | 28.5x | 23.3x | 3x |
| Thu, 03 Jul 2025 | UK£258.2b | UK£86.0b | UK£10.6b | 25.7x | 24.4x | 3x |
| Sat, 31 May 2025 | UK£271.4b | UK£86.5b | UK£10.6b | 27.3x | 25.5x | 3.1x |
| Mon, 28 Apr 2025 | UK£258.4b | UK£86.4b | UK£9.6b | 27.1x | 27x | 3x |
| Wed, 26 Mar 2025 | UK£277.9b | UK£87.7b | UK£9.7b | 32.3x | 28.8x | 3.2x |
| Fri, 21 Feb 2025 | UK£281.8b | UK£88.7b | UK£9.4b | 30.6x | 29.9x | 3.2x |
| Sun, 19 Jan 2025 | UK£232.8b | UK£76.8b | UK£8.0b | 31.8x | 29.3x | 3x |
| Tue, 17 Dec 2024 | UK£224.3b | UK£74.9b | UK£7.7b | 31.5x | 29x | 3x |
| Thu, 14 Nov 2024 | UK£220.1b | UK£74.9b | UK£7.7b | 30.7x | 28.5x | 2.9x |
| Sat, 12 Oct 2024 | UK£250.3b | UK£72.2b | UK£9.0b | 31.1x | 27.7x | 3.5x |
| Mon, 09 Sep 2024 | UK£271.0b | UK£72.0b | UK£9.0b | 40x | 30.1x | 3.8x |
| Wed, 07 Aug 2024 | UK£262.1b | UK£73.3b | UK£9.1b | 37.9x | 28.9x | 3.6x |
| Fri, 05 Jul 2024 | UK£256.6b | UK£71.4b | UK£9.5b | 28.8x | 26.9x | 3.6x |
| Sun, 02 Jun 2024 | UK£268.8b | UK£71.4b | UK£9.6b | 31.8x | 28.1x | 3.8x |
| Tue, 30 Apr 2024 | UK£262.4b | UK£71.6b | UK£10.0b | 32.3x | 26.2x | 3.7x |
| Thu, 28 Mar 2024 | UK£245.7b | UK£70.7b | UK£9.8b | 31.8x | 25.2x | 3.5x |
| Sat, 24 Feb 2024 | UK£236.1b | UK£70.6b | UK£9.6b | 33.7x | 24.5x | 3.3x |
| Mon, 22 Jan 2024 | UK£238.0b | UK£68.9b | UK£10.7b | 36.2x | 22.3x | 3.5x |
| Wed, 20 Dec 2023 | UK£230.3b | UK£68.8b | UK£10.7b | 34.7x | 21.6x | 3.3x |
| Fri, 17 Nov 2023 | UK£224.4b | UK£69.9b | UK£10.8b | 53.4x | 20.8x | 3.2x |
| Sun, 15 Oct 2023 | UK£245.7b | UK£70.8b | UK£10.4b | 56.6x | 23.7x | 3.5x |
| Tue, 12 Sep 2023 | UK£236.8b | UK£69.6b | UK£10.2b | 53.5x | 23.1x | 3.4x |
| Thu, 10 Aug 2023 | UK£244.1b | UK£69.0b | UK£10.2b | 52.8x | 24x | 3.5x |
| Sat, 08 Jul 2023 | UK£223.4b | UK£67.4b | UK£7.8b | 52.7x | 28.5x | 3.3x |
28.5x
Which industries have driven the changes within the U.K. Healthcare industry?
| GB Market | 0.55% | |
| Healthcare | 2.98% | |
| Pharma | 3.13% | |
| Pharma | 3.13% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HLN Haleon | UK£3.51 | 0.7% +UK£220.4m | -5.9% | PE18.5x | |
| HCM HUTCHMED (China) | UK£1.61 | 0.3% +UK£4.3m | -27.4% | PE4x | |
| EAH ECO Animal Health Group | UK£0.93 | 5.7% +UK£3.4m | 54.2% | PE20.8x | |
| POLB Poolbeg Pharma | UK£0.069 | 2.2% +UK£1.1m | 110.8% | PB5.6x | |
| ANCR Animalcare Group | UK£3.32 | 0.2% +UK£345.2k | 12.5% | PE45.1x |