Narrative Update • Aug 26

In the last week, the Construction industry is up 1.1%, with Keller Group up 5.2%. This takes the industry's 12 month performance to a gain of 43%. Looking forward, earnings are forecast to grow by 7.7% annually.
Has the U.K. Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 28 Aug 2026 | UK£11.7b | UK£27.4b | UK£753.4m | 16.3x | 15.5x | 0.4x |
| Sun, 26 Jul 2026 | UK£11.6b | UK£26.8b | UK£743.8m | 15.8x | 15.6x | 0.4x |
| Tue, 23 Jun 2026 | UK£11.1b | UK£26.5b | UK£749.9m | 15x | 14.9x | 0.4x |
| Thu, 21 May 2026 | UK£10.4b | UK£26.6b | UK£755.8m | 14.5x | 13.8x | 0.4x |
| Sat, 18 Apr 2026 | UK£10.9b | UK£26.6b | UK£758.5m | 14x | 14.4x | 0.4x |
| Mon, 16 Mar 2026 | UK£10.1b | UK£26.6b | UK£758.5m | 13.9x | 13.3x | 0.4x |
| Wed, 11 Feb 2026 | UK£10.4b | UK£25.6b | UK£638.3m | 15.5x | 16.2x | 0.4x |
| Fri, 09 Jan 2026 | UK£9.9b | UK£25.6b | UK£638.5m | 14.5x | 15.5x | 0.4x |
| Sun, 07 Dec 2025 | UK£9.7b | UK£25.6b | UK£637.8m | 15x | 15.2x | 0.4x |
| Tue, 04 Nov 2025 | UK£9.4b | UK£25.6b | UK£638.4m | 15.3x | 14.8x | 0.4x |
| Thu, 02 Oct 2025 | UK£9.1b | UK£25.6b | UK£640.6m | 15.1x | 14.2x | 0.4x |
| Sat, 30 Aug 2025 | UK£8.4b | UK£25.6b | UK£642.7m | 13.7x | 13x | 0.3x |
| Mon, 28 Jul 2025 | UK£8.4b | UK£24.9b | UK£619.7m | 14.4x | 13.6x | 0.3x |
| Wed, 25 Jun 2025 | UK£8.2b | UK£25.0b | UK£639.0m | 13.8x | 12.9x | 0.3x |
| Fri, 23 May 2025 | UK£7.8b | UK£25.0b | UK£639.1m | 13.6x | 12.3x | 0.3x |
| Sun, 20 Apr 2025 | UK£6.8b | UK£24.9b | UK£636.3m | 11.8x | 10.8x | 0.3x |
| Tue, 18 Mar 2025 | UK£6.7b | UK£24.9b | UK£638.4m | 10.5x | 10.4x | 0.3x |
| Thu, 13 Feb 2025 | UK£7.3b | UK£24.5b | UK£658.9m | 11.8x | 11.1x | 0.3x |
| Sat, 11 Jan 2025 | UK£7.2b | UK£24.5b | UK£650.9m | 10.9x | 11.1x | 0.3x |
| Mon, 09 Dec 2024 | UK£7.8b | UK£24.6b | UK£651.0m | 12.1x | 11.9x | 0.3x |
| Wed, 06 Nov 2024 | UK£7.8b | UK£24.4b | UK£666.6m | 11.6x | 11.7x | 0.3x |
| Fri, 04 Oct 2024 | UK£7.3b | UK£24.4b | UK£666.6m | 10.7x | 11x | 0.3x |
| Sun, 01 Sep 2024 | UK£7.4b | UK£24.0b | UK£635.7m | 15.9x | 11.6x | 0.3x |
| Tue, 30 Jul 2024 | UK£7.0b | UK£23.7b | UK£551.7m | 15.9x | 12.7x | 0.3x |
| Thu, 27 Jun 2024 | UK£6.4b | UK£24.2b | UK£557.5m | 14.1x | 11.5x | 0.3x |
| Sat, 25 May 2024 | UK£6.6b | UK£24.2b | UK£563.1m | 12.2x | 11.8x | 0.3x |
| Mon, 22 Apr 2024 | UK£5.9b | UK£24.1b | UK£552.8m | 10.3x | 10.7x | 0.2x |
| Wed, 20 Mar 2024 | UK£6.0b | UK£24.1b | UK£550.0m | 10x | 10.9x | 0.2x |
| Fri, 16 Feb 2024 | UK£5.4b | UK£23.3b | UK£600.2m | 10.8x | 9.1x | 0.2x |
| Sun, 14 Jan 2024 | UK£5.5b | UK£23.3b | UK£601.5m | 9.6x | 9.2x | 0.2x |
| Tue, 12 Dec 2023 | UK£5.3b | UK£23.3b | UK£598.8m | 9.1x | 8.9x | 0.2x |
| Thu, 09 Nov 2023 | UK£5.0b | UK£23.3b | UK£595.6m | 9.2x | 8.5x | 0.2x |
| Sat, 07 Oct 2023 | UK£5.0b | UK£23.3b | UK£595.6m | 9x | 8.4x | 0.2x |
| Mon, 04 Sep 2023 | UK£5.1b | UK£23.0b | UK£579.5m | 10x | 8.7x | 0.2x |
8.7x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 0.65% | |
| Industrials | 1.48% | |
| Construction | 2.27% | |
| Construction and Engineering | 2.27% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KLR Keller Group | UK£30.40 | 5.2% +UK£102.2m | 132.1% | PE13.3x | |
| BBY Balfour Beatty | UK£8.80 | 1.3% +UK£54.4m | 49.9% | PE16.1x | |
| MGNS Morgan Sindall Group | UK£43.88 | 1.4% +UK£29.0m | 3.7% | PE10.9x | |
| COST Costain Group | UK£2.31 | 4.3% +UK£25.1m | 71.5% | PE16x | |
| RNWH Renew Holdings | UK£9.62 | 2.6% +UK£19.0m | 18.9% | PE16.7x |