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. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Sun, 14 Jun 2026 | UK£18.2b | UK£18.4b | UK£545.5m | 24.9x | 33.3x | 1x |
| Tue, 12 May 2026 | UK£19.3b | UK£18.1b | UK£562.1m | 23.4x | 34.3x | 1.1x |
| Thu, 09 Apr 2026 | UK£19.8b | UK£18.2b | UK£563.4m | 22.3x | 35.2x | 1.1x |
| Sat, 07 Mar 2026 | UK£19.0b | UK£18.1b | UK£571.8m | 22x | 33.2x | 1x |
| Mon, 02 Feb 2026 | UK£18.5b | UK£18.4b | UK£517.3m | 25.6x | 35.8x | 1x |
| Wed, 31 Dec 2025 | UK£18.2b | UK£18.4b | UK£492.4m | 25.7x | 36.9x | 1x |
| Fri, 28 Nov 2025 | UK£16.8b | UK£18.1b | UK£477.7m | 24.5x | 35.2x | 0.9x |
| Sun, 26 Oct 2025 | UK£17.5b | UK£17.9b | UK£482.0m | 24.2x | 36.4x | 1x |
| Tue, 23 Sep 2025 | UK£15.0b | UK£18.1b | UK£486.0m | 22.2x | 30.9x | 0.8x |
| Thu, 21 Aug 2025 | UK£15.4b | UK£18.1b | UK£485.9m | 26.8x | 31.8x | 0.9x |
| Sat, 19 Jul 2025 | UK£14.9b | UK£18.0b | UK£547.3m | 29.3x | 27.1x | 0.8x |
| Mon, 16 Jun 2025 | UK£14.6b | UK£18.0b | UK£554.5m | 28.2x | 26.3x | 0.8x |
| Wed, 14 May 2025 | UK£15.2b | UK£19.2b | UK£599.7m | 27.3x | 25.3x | 0.8x |
| Fri, 11 Apr 2025 | UK£14.0b | UK£19.2b | UK£589.9m | 25.1x | 23.7x | 0.7x |
| Sun, 09 Mar 2025 | UK£14.4b | UK£19.0b | UK£576.6m | 32.8x | 24.9x | 0.8x |
| Tue, 04 Feb 2025 | UK£15.6b | UK£18.9b | UK£751.7m | 25.3x | 20.8x | 0.8x |
| Thu, 02 Jan 2025 | UK£15.6b | UK£18.9b | UK£751.8m | 25.8x | 20.7x | 0.8x |
| Sat, 30 Nov 2024 | UK£15.5b | UK£18.9b | UK£754.0m | 22.2x | 20.6x | 0.8x |
| Mon, 28 Oct 2024 | UK£15.2b | UK£18.5b | UK£767.9m | 17.8x | 19.8x | 0.8x |
| Wed, 25 Sep 2024 | UK£15.0b | UK£18.5b | UK£768.9m | 20.4x | 19.5x | 0.8x |
| Fri, 23 Aug 2024 | UK£18.3b | UK£18.5b | UK£750.4m | 18.8x | 24.4x | 1x |
| Sun, 21 Jul 2024 | UK£17.4b | UK£18.5b | UK£763.6m | 15.5x | 22.8x | 0.9x |
| Tue, 18 Jun 2024 | UK£17.2b | UK£18.6b | UK£768.2m | 15.3x | 22.4x | 0.9x |
| Thu, 16 May 2024 | UK£17.0b | UK£18.5b | UK£741.6m | 15.4x | 23x | 0.9x |
| Sat, 13 Apr 2024 | UK£19.0b | UK£18.7b | UK£777.8m | 16.1x | 24.4x | 1x |
| Mon, 11 Mar 2024 | UK£19.7b | UK£18.6b | UK£784.1m | 16.5x | 25.2x | 1.1x |
| Wed, 07 Feb 2024 | UK£17.6b | UK£17.9b | UK£712.1m | 15.2x | 24.7x | 1x |
| Fri, 05 Jan 2024 | UK£23.4b | UK£21.8b | UK£903.7m | 20x | 25.9x | 1.1x |
| Sun, 03 Dec 2023 | UK£23.4b | UK£22.2b | UK£847.4m | 20.5x | 27.7x | 1.1x |
| Tue, 31 Oct 2023 | UK£22.9b | UK£21.9b | UK£850.3m | 19.1x | 26.9x | 1x |
| Thu, 28 Sep 2023 | UK£27.1b | UK£21.9b | UK£849.5m | 17.3x | 31.9x | 1.2x |
| Sat, 26 Aug 2023 | UK£27.2b | UK£21.8b | UK£846.1m | 25.7x | 32.1x | 1.2x |
| Mon, 24 Jul 2023 | UK£28.8b | UK£20.4b | UK£744.1m | 23.9x | 38.6x | 1.4x |
| Wed, 21 Jun 2023 | UK£28.6b | UK£20.4b | UK£786.3m | 23.5x | 36.4x | 1.4x |
36.4x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 1.05% | |
| Industrials | 0.62% | |
| Commercial Services | 1.60% | |
| Diversified Support Services | 2.11% | |
| Environmental and Facilities Services | 1.54% | |
| 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 | 2.5% +UK£281.8m | 30.2% | PE52.8x | |
| JSG Johnson Service Group | UK£1.56 | 4.6% +UK£25.8m | 8.9% | PE16x | |
| MER Mears Group | UK£4.23 | 7.4% +UK£23.6m | 7.0% | PE7.7x | |
| SRP Serco Group | UK£2.55 | 0.6% +UK£13.8m | 31.0% | PE17.2x | |
| WATR Water Intelligence | UK£2.45 | 2.1% +UK£840.9k | -33.8% | PE12.5x |