Narrative Update • May 30

In the last week, the Construction industry is flat overall, with Renew Holdings standing out by going down 4.1%. As for the the longer term, the industry is up 38% over the past 12 months. Earnings are forecast to grow by 7.9% annually.
Has the U.K. Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | UK£10.6b | UK£26.7b | UK£752.7m | 14.8x | 14x | 0.4x |
| Mon, 04 May 2026 | UK£10.5b | UK£26.6b | UK£753.8m | 14.8x | 13.9x | 0.4x |
| Wed, 01 Apr 2026 | UK£9.6b | UK£26.6b | UK£758.5m | 12.9x | 12.7x | 0.4x |
| Fri, 27 Feb 2026 | UK£10.6b | UK£25.9b | UK£661.1m | 15.3x | 16x | 0.4x |
| Sun, 25 Jan 2026 | UK£9.9b | UK£25.6b | UK£638.5m | 14.4x | 15.5x | 0.4x |
| Tue, 23 Dec 2025 | UK£9.8b | UK£25.6b | UK£638.5m | 14x | 15.3x | 0.4x |
| Thu, 20 Nov 2025 | UK£9.1b | UK£25.6b | UK£638.4m | 14.5x | 14.2x | 0.4x |
| Sat, 18 Oct 2025 | UK£9.4b | UK£25.6b | UK£638.4m | 15.3x | 14.7x | 0.4x |
| Mon, 15 Sep 2025 | UK£8.5b | UK£25.6b | UK£642.7m | 13.7x | 13.2x | 0.3x |
| Wed, 13 Aug 2025 | UK£8.7b | UK£25.0b | UK£637.0m | 14.5x | 13.7x | 0.3x |
| Fri, 11 Jul 2025 | UK£8.4b | UK£25.0b | UK£637.8m | 14.4x | 13.1x | 0.3x |
| Sun, 08 Jun 2025 | UK£7.8b | UK£25.0b | UK£639.0m | 13.6x | 12.1x | 0.3x |
| Tue, 06 May 2025 | UK£7.3b | UK£24.9b | UK£636.3m | 12.8x | 11.5x | 0.3x |
| Thu, 03 Apr 2025 | UK£6.8b | UK£24.9b | UK£638.4m | 11.6x | 10.7x | 0.3x |
| Sat, 01 Mar 2025 | UK£7.1b | UK£24.7b | UK£666.6m | 11.3x | 10.7x | 0.3x |
| Mon, 27 Jan 2025 | UK£7.2b | UK£24.5b | UK£659.2m | 11.6x | 10.9x | 0.3x |
| Wed, 25 Dec 2024 | UK£7.7b | UK£24.5b | UK£651.0m | 12.1x | 11.8x | 0.3x |
| Fri, 22 Nov 2024 | UK£7.7b | UK£24.5b | UK£668.2m | 11.6x | 11.5x | 0.3x |
| Sun, 20 Oct 2024 | UK£7.7b | UK£24.4b | UK£666.6m | 11.4x | 11.6x | 0.3x |
| Tue, 17 Sep 2024 | UK£7.3b | UK£24.2b | UK£646.5m | 12.7x | 11.2x | 0.3x |
| Thu, 15 Aug 2024 | UK£7.2b | UK£24.0b | UK£594.3m | 15.8x | 12.1x | 0.3x |
| Sat, 13 Jul 2024 | UK£6.9b | UK£23.7b | UK£551.0m | 15.6x | 12.6x | 0.3x |
| Mon, 10 Jun 2024 | UK£6.5b | UK£24.2b | UK£562.9m | 12.7x | 11.5x | 0.3x |
| Wed, 08 May 2024 | UK£6.3b | UK£24.1b | UK£562.8m | 11.8x | 11.3x | 0.3x |
| Fri, 05 Apr 2024 | UK£6.0b | UK£24.1b | UK£549.9m | 10.1x | 10.9x | 0.2x |
| Sun, 03 Mar 2024 | UK£5.7b | UK£23.6b | UK£653.8m | 9.9x | 8.7x | 0.2x |
| Tue, 30 Jan 2024 | UK£5.6b | UK£23.3b | UK£600.3m | 11.1x | 9.4x | 0.2x |
| Thu, 28 Dec 2023 | UK£5.5b | UK£23.3b | UK£601.5m | 9.8x | 9.2x | 0.2x |
| Sat, 25 Nov 2023 | UK£5.3b | UK£23.3b | UK£594.1m | 9.6x | 8.9x | 0.2x |
| Mon, 23 Oct 2023 | UK£4.8b | UK£23.3b | UK£595.5m | 9x | 8.1x | 0.2x |
| Wed, 20 Sep 2023 | UK£5.2b | UK£23.2b | UK£600.1m | 9.6x | 8.7x | 0.2x |
| Fri, 18 Aug 2023 | UK£5.0b | UK£23.0b | UK£583.7m | 10x | 8.6x | 0.2x |
| Sun, 16 Jul 2023 | UK£5.1b | UK£22.4b | UK£604.9m | 12x | 8.5x | 0.2x |
| Tue, 13 Jun 2023 | UK£5.2b | UK£22.4b | UK£597.4m | 12x | 8.6x | 0.2x |
8.6x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -0.73% | |
| Industrials | -1.81% | |
| Construction | 0.42% | |
| Construction and Engineering | 0.42% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BBY Balfour Beatty | UK£8.13 | 2.0% +UK£76.8m | 62.8% | PE14.8x | |
| KLR Keller Group | UK£24.18 | 2.1% +UK£34.4m | 60.3% | PE11.7x | |
| DIAL Diales Group | UK£0.28 | 1.8% +UK£264.0k | 16.7% | PE16.2x |