Narrative Update • Jun 04

The Commercial Services industry is up 1.6% in the last week, with Rentokil Initial up 2.5%. This means that the industry has gained 24% over the past year. Earnings are forecast to grow by 18% annually.
Has the U.K. Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 15 Jun 2026 | UK£18.2b | UK£18.4b | UK£545.5m | 24.9x | 33.3x | 1x |
| Wed, 13 May 2026 | UK£18.9b | UK£18.1b | UK£563.4m | 22.7x | 33.6x | 1x |
| Fri, 10 Apr 2026 | UK£19.7b | UK£18.1b | UK£563.0m | 22.2x | 35x | 1.1x |
| Sun, 08 Mar 2026 | UK£19.0b | UK£18.1b | UK£571.8m | 22x | 33.2x | 1x |
| Tue, 03 Feb 2026 | UK£18.7b | UK£18.5b | UK£517.9m | 25.5x | 36.2x | 1x |
| Thu, 01 Jan 2026 | UK£18.2b | UK£18.4b | UK£492.4m | 25.6x | 36.9x | 1x |
| Sat, 29 Nov 2025 | UK£16.8b | UK£18.1b | UK£477.7m | 24.8x | 35.3x | 0.9x |
| Mon, 27 Oct 2025 | UK£17.5b | UK£17.9b | UK£482.0m | 24.2x | 36.4x | 1x |
| Wed, 24 Sep 2025 | UK£15.1b | UK£18.1b | UK£486.0m | 22.4x | 31.1x | 0.8x |
| Fri, 22 Aug 2025 | UK£15.3b | UK£18.1b | UK£485.9m | 26.9x | 31.4x | 0.8x |
| Sun, 20 Jul 2025 | UK£14.9b | UK£18.0b | UK£547.3m | 29.3x | 27.2x | 0.8x |
| Tue, 17 Jun 2025 | UK£14.7b | UK£18.0b | UK£554.5m | 28.7x | 26.6x | 0.8x |
| Thu, 15 May 2025 | UK£15.1b | UK£19.2b | UK£599.7m | 27.3x | 25.2x | 0.8x |
| Sat, 12 Apr 2025 | UK£14.1b | UK£19.2b | UK£594.6m | 24.8x | 23.6x | 0.7x |
| Mon, 10 Mar 2025 | UK£14.4b | UK£19.0b | UK£576.6m | 32.8x | 24.9x | 0.8x |
| Wed, 05 Feb 2025 | UK£15.4b | UK£18.9b | UK£751.7m | 25.2x | 20.5x | 0.8x |
| Fri, 03 Jan 2025 | UK£15.6b | UK£18.9b | UK£751.9m | 25.8x | 20.8x | 0.8x |
| Sun, 01 Dec 2024 | UK£15.5b | UK£18.9b | UK£754.0m | 22.2x | 20.6x | 0.8x |
| Tue, 29 Oct 2024 | UK£15.4b | UK£18.5b | UK£767.9m | 17.8x | 20x | 0.8x |
| Thu, 26 Sep 2024 | UK£15.4b | UK£18.5b | UK£769.4m | 19x | 20x | 0.8x |
| Sat, 24 Aug 2024 | UK£18.3b | UK£18.5b | UK£750.3m | 18.8x | 24.4x | 1x |
| Mon, 22 Jul 2024 | UK£17.4b | UK£18.5b | UK£763.6m | 15.5x | 22.8x | 0.9x |
| Wed, 19 Jun 2024 | UK£17.5b | UK£18.6b | UK£768.2m | 15.6x | 22.7x | 0.9x |
| Fri, 17 May 2024 | UK£17.0b | UK£18.5b | UK£741.6m | 15.3x | 22.9x | 0.9x |
| Sun, 14 Apr 2024 | UK£19.0b | UK£18.7b | UK£777.8m | 16.1x | 24.4x | 1x |
| Tue, 12 Mar 2024 | UK£19.8b | UK£18.6b | UK£784.2m | 16.4x | 25.3x | 1.1x |
| Thu, 08 Feb 2024 | UK£17.4b | UK£17.9b | UK£712.8m | 16x | 24.4x | 1x |
| Sat, 06 Jan 2024 | UK£23.3b | UK£21.8b | UK£903.5m | 19.9x | 25.8x | 1.1x |
| Mon, 04 Dec 2023 | UK£23.4b | UK£22.2b | UK£847.4m | 20.5x | 27.7x | 1.1x |
| Wed, 01 Nov 2023 | UK£22.8b | UK£21.9b | UK£850.2m | 19.5x | 26.8x | 1x |
| Fri, 29 Sep 2023 | UK£27.7b | UK£21.9b | UK£849.4m | 17.4x | 32.6x | 1.3x |
| Sun, 27 Aug 2023 | UK£27.2b | UK£21.8b | UK£846.1m | 25.7x | 32.1x | 1.2x |
| Tue, 25 Jul 2023 | UK£28.8b | UK£20.4b | UK£744.0m | 23.8x | 38.7x | 1.4x |
| Thu, 22 Jun 2023 | UK£28.4b | UK£20.4b | UK£786.4m | 23.3x | 36.1x | 1.4x |
36.1x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 0.98% | |
| Industrials | 0.55% | |
| Commercial Services | 1.39% | |
| Diversified Support Services | 2.10% | |
| Environmental and Facilities Services | 1.33% | |
| Commercial Printing | 0% | 0 |
| Office Services and Supplies | 0% | 0 |
| Security and Alarm Services | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RTO Rentokil Initial | UK£4.54 | 2.0% +UK£226.5m | 28.2% | PE52.8x | |
| MER Mears Group | UK£4.23 | 6.8% +UK£22.8m | 5.6% | PE7.7x | |
| JSG Johnson Service Group | UK£1.56 | 3.2% +UK£18.6m | 9.5% | PE16x | |
| SRP Serco Group | UK£2.55 | 0.6% +UK£15.7m | 29.5% | PE17.2x | |
| HSP Hargreaves Services | UK£7.96 | 1.5% +UK£3.7m | 20.6% | PE11.2x |