Narrative Update • May 03

In the last week, the Construction and Engineering industry is up 4.5%, with Balfour Beatty up 5.9%. In the last 12 months, the industry was up 48%. Looking forward, earnings are forecast to grow by 7.8% annually.
Has the U.K. Construction and Engineering Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 11 May 2026 | UK£11.0b | UK£26.6b | UK£753.8m | 15.2x | 14.6x | 0.4x |
| Wed, 08 Apr 2026 | UK£9.9b | UK£26.6b | UK£758.5m | 12.8x | 13.1x | 0.4x |
| Fri, 06 Mar 2026 | UK£10.1b | UK£26.1b | UK£672.5m | 14.8x | 15x | 0.4x |
| Sun, 01 Feb 2026 | UK£10.0b | UK£25.6b | UK£638.3m | 15.1x | 15.7x | 0.4x |
| Tue, 30 Dec 2025 | UK£9.7b | UK£25.6b | UK£638.5m | 13.9x | 15.2x | 0.4x |
| Thu, 27 Nov 2025 | UK£9.5b | UK£25.6b | UK£639.1m | 14.4x | 14.9x | 0.4x |
| Sat, 25 Oct 2025 | UK£9.6b | UK£25.6b | UK£638.4m | 15.8x | 15x | 0.4x |
| Mon, 22 Sep 2025 | UK£8.8b | UK£25.6b | UK£640.6m | 14.1x | 13.7x | 0.3x |
| Wed, 20 Aug 2025 | UK£8.6b | UK£25.7b | UK£642.0m | 14.2x | 13.3x | 0.3x |
| Fri, 18 Jul 2025 | UK£8.5b | UK£25.0b | UK£637.8m | 14.7x | 13.3x | 0.3x |
| Sun, 15 Jun 2025 | UK£7.8b | UK£25.0b | UK£638.8m | 13.6x | 12.2x | 0.3x |
| Tue, 13 May 2025 | UK£7.5b | UK£24.9b | UK£636.3m | 13.1x | 11.8x | 0.3x |
| Thu, 10 Apr 2025 | UK£6.3b | UK£24.9b | UK£638.4m | 10.8x | 9.9x | 0.3x |
| Sat, 08 Mar 2025 | UK£6.8b | UK£24.8b | UK£688.1m | 10.8x | 9.9x | 0.3x |
| Mon, 03 Feb 2025 | UK£7.3b | UK£24.5b | UK£658.9m | 11.8x | 11.1x | 0.3x |
| Wed, 01 Jan 2025 | UK£7.6b | UK£24.5b | UK£651.0m | 11.9x | 11.7x | 0.3x |
| Fri, 29 Nov 2024 | UK£7.7b | UK£24.5b | UK£655.6m | 11.7x | 11.7x | 0.3x |
| Sun, 27 Oct 2024 | UK£7.9b | UK£24.4b | UK£666.6m | 11.7x | 11.8x | 0.3x |
| Tue, 24 Sep 2024 | UK£7.3b | UK£24.2b | UK£645.0m | 11.9x | 11.4x | 0.3x |
| Thu, 22 Aug 2024 | UK£7.3b | UK£24.0b | UK£627.3m | 15.7x | 11.6x | 0.3x |
| Sat, 20 Jul 2024 | UK£7.1b | UK£23.7b | UK£551.0m | 15.8x | 12.8x | 0.3x |
| Mon, 17 Jun 2024 | UK£6.3b | UK£24.2b | UK£563.0m | 12.4x | 11.2x | 0.3x |
| Wed, 15 May 2024 | UK£6.4b | UK£24.1b | UK£562.8m | 12x | 11.4x | 0.3x |
| Fri, 12 Apr 2024 | UK£5.9b | UK£24.1b | UK£549.9m | 9.8x | 10.8x | 0.2x |
| Sun, 10 Mar 2024 | UK£5.8b | UK£23.9b | UK£606.1m | 9x | 9.6x | 0.2x |
| Tue, 06 Feb 2024 | UK£5.5b | UK£23.3b | UK£600.2m | 11x | 9.2x | 0.2x |
| Thu, 04 Jan 2024 | UK£5.4b | UK£23.3b | UK£601.4m | 9.6x | 9x | 0.2x |
| Sat, 02 Dec 2023 | UK£5.3b | UK£23.3b | UK£598.1m | 9.4x | 8.9x | 0.2x |
| Mon, 30 Oct 2023 | UK£4.8b | UK£23.3b | UK£595.5m | 8.9x | 8.1x | 0.2x |
| Wed, 27 Sep 2023 | UK£5.2b | UK£23.3b | UK£595.5m | 9.5x | 8.8x | 0.2x |
| Fri, 25 Aug 2023 | UK£5.0b | UK£23.0b | UK£579.6m | 10.1x | 8.6x | 0.2x |
| Sun, 23 Jul 2023 | UK£5.3b | UK£22.4b | UK£604.7m | 13.5x | 8.8x | 0.2x |
| Tue, 20 Jun 2023 | UK£5.1b | UK£22.4b | UK£605.4m | 12.2x | 8.4x | 0.2x |
| Thu, 18 May 2023 | UK£5.3b | UK£22.3b | UK£501.5m | 13.7x | 10.6x | 0.2x |
10.6x
How does U.K. Construction and Engineering compare with similar industries?
| GB Market | -0.81% | |
| Industrials | -1.23% | |
| Construction | 4.55% | |
| Construction and Engineering | 4.55% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BBY Balfour Beatty | UK£8.61 | 5.9% +UK£230.8m | 79.0% | PE15.7x | |
| KLR Keller Group | UK£24.02 | 7.5% +UK£115.8m | 59.1% | PE11.6x | |
| MGNS Morgan Sindall Group | UK£47.36 | 1.8% +UK£40.1m | 31.7% | PE12.6x | |
| KIE Kier Group | UK£2.12 | 4.3% +UK£38.7m | 34.2% | PE15.3x | |
| GFRD Galliford Try Holdings | UK£5.42 | 4.2% +UK£21.4m | 33.0% | PE14.5x |