Narrative Update • Jun 26

The Pharma industry is up 6.5% in the last week, with AstraZeneca up 8.2%. In the same time, Poolbeg Pharma was down 11%. In the last 12 months, the industry was up 32%. 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 |
|---|---|---|---|---|---|---|
| Sun, 28 Jun 2026 | UK£337.3b | UK£92.8b | UK£16.0b | 18.4x | 21.1x | 3.6x |
| Tue, 26 May 2026 | UK£328.4b | UK£91.9b | UK£15.8b | 18.3x | 20.8x | 3.6x |
| Thu, 23 Apr 2026 | UK£344.9b | UK£90.3b | UK£15.5b | 18.5x | 22.2x | 3.8x |
| Sat, 21 Mar 2026 | UK£331.9b | UK£90.8b | UK£15.7b | 21.4x | 21.2x | 3.7x |
| Mon, 16 Feb 2026 | UK£363.5b | UK£89.7b | UK£15.3b | 24.1x | 23.7x | 4.1x |
| Wed, 14 Jan 2026 | UK£329.7b | UK£89.5b | UK£14.6b | 21.2x | 22.6x | 3.7x |
| Fri, 12 Dec 2025 | UK£321.6b | UK£89.5b | UK£14.6b | 21.2x | 22x | 3.6x |
| Sun, 09 Nov 2025 | UK£309.2b | UK£90.4b | UK£14.8b | 21.1x | 20.9x | 3.4x |
| Tue, 07 Oct 2025 | UK£298.0b | UK£87.6b | UK£11.7b | 19.1x | 25.5x | 3.4x |
| Thu, 04 Sep 2025 | UK£287.8b | UK£87.7b | UK£11.7b | 21.9x | 24.5x | 3.3x |
| Sat, 02 Aug 2025 | UK£268.3b | UK£88.3b | UK£11.5b | 28.5x | 23.4x | 3x |
| Mon, 30 Jun 2025 | UK£256.1b | UK£85.8b | UK£10.5b | 25.8x | 24.3x | 3x |
| Wed, 28 May 2025 | UK£265.3b | UK£86.4b | UK£10.6b | 27x | 25x | 3.1x |
| Fri, 25 Apr 2025 | UK£259.3b | UK£86.3b | UK£9.6b | 27.1x | 27.1x | 3x |
| Sun, 23 Mar 2025 | UK£284.4b | UK£87.8b | UK£9.7b | 32.7x | 29.4x | 3.2x |
| Tue, 18 Feb 2025 | UK£283.2b | UK£88.8b | UK£9.5b | 31x | 30x | 3.2x |
| Thu, 16 Jan 2025 | UK£226.8b | UK£76.6b | UK£7.9b | 31x | 28.6x | 3x |
| Sat, 14 Dec 2024 | UK£223.9b | UK£75.1b | UK£7.8b | 31.5x | 28.9x | 3x |
| Mon, 11 Nov 2024 | UK£217.2b | UK£72.6b | UK£7.6b | 30.7x | 28.6x | 3x |
| Wed, 09 Oct 2024 | UK£248.0b | UK£72.1b | UK£9.0b | 31.1x | 27.5x | 3.4x |
| Fri, 06 Sep 2024 | UK£268.9b | UK£71.9b | UK£9.0b | 39.8x | 30x | 3.7x |
| Sun, 04 Aug 2024 | UK£266.8b | UK£72.9b | UK£9.0b | 38.9x | 29.6x | 3.7x |
| Tue, 02 Jul 2024 | UK£260.5b | UK£71.7b | UK£9.6b | 29.8x | 27.2x | 3.6x |
| Thu, 30 May 2024 | UK£263.9b | UK£71.5b | UK£9.6b | 31.8x | 27.6x | 3.7x |
| Sat, 27 Apr 2024 | UK£261.0b | UK£71.8b | UK£10.1b | 30.7x | 26x | 3.6x |
| Mon, 25 Mar 2024 | UK£240.9b | UK£70.9b | UK£9.8b | 31.3x | 24.7x | 3.4x |
| Wed, 21 Feb 2024 | UK£233.4b | UK£69.7b | UK£9.6b | 35.7x | 24.3x | 3.3x |
| Fri, 19 Jan 2024 | UK£236.6b | UK£68.9b | UK£10.7b | 35.9x | 22.2x | 3.4x |
| Sun, 17 Dec 2023 | UK£227.4b | UK£69.0b | UK£10.7b | 33.9x | 21.3x | 3.3x |
| Tue, 14 Nov 2023 | UK£227.5b | UK£70.3b | UK£10.8b | 53.3x | 21x | 3.2x |
| Thu, 12 Oct 2023 | UK£245.7b | UK£70.2b | UK£10.4b | 73.9x | 23.7x | 3.5x |
| Sat, 09 Sep 2023 | UK£241.0b | UK£69.7b | UK£10.3b | 53.5x | 23.5x | 3.5x |
| Mon, 07 Aug 2023 | UK£238.4b | UK£68.9b | UK£10.2b | 52.8x | 23.5x | 3.5x |
| Wed, 05 Jul 2023 | UK£233.5b | UK£67.7b | UK£7.9b | 55.1x | 29.7x | 3.4x |
29.7x
Which industries have driven the changes within the U.K. Healthcare industry?
| GB Market | 1.14% | |
| Healthcare | 6.15% | |
| Pharma | 6.48% | |
| Pharma | 6.48% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AZN AstraZeneca | UK£143.18 | 8.2% +UK£16.8b | 40.0% | PE28.2x | |
| GSK GSK | UK£19.83 | 3.0% +UK£2.3b | 41.1% | PE13.6x | |
| HLN Haleon | UK£3.48 | 4.3% +UK£1.2b | -7.9% | PE18.4x | |
| HIK Hikma Pharmaceuticals | UK£15.31 | 5.1% +UK£157.6m | -24.4% | PE10.7x | |
| HCM HUTCHMED (China) | UK£1.60 | 0.9% +UK£12.9m | -26.9% | PE4x |