Narrative Update • Jun 07

Over the last 7 days, the Construction industry has remained flat, although notably Kier Group declined by 3.0%. The past year has been better, since the industry has gained 35% in that time. As for the next few years, earnings are expected to grow by 7.8% per annum.
Has the U.K. Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | UK£10.4b | UK£26.7b | UK£752.7m | 14.3x | 13.8x | 0.4x |
| Fri, 08 May 2026 | UK£11.0b | UK£26.6b | UK£753.8m | 15.2x | 14.5x | 0.4x |
| Sun, 05 Apr 2026 | UK£9.9b | UK£26.6b | UK£758.5m | 12.9x | 13.1x | 0.4x |
| Tue, 03 Mar 2026 | UK£10.5b | UK£25.9b | UK£661.9m | 15.3x | 15.9x | 0.4x |
| Thu, 29 Jan 2026 | UK£9.9b | UK£25.6b | UK£638.3m | 15x | 15.6x | 0.4x |
| Sat, 27 Dec 2025 | UK£9.7b | UK£25.6b | UK£638.5m | 13.9x | 15.2x | 0.4x |
| Mon, 24 Nov 2025 | UK£9.0b | UK£25.6b | UK£641.9m | 14x | 14.1x | 0.4x |
| Wed, 22 Oct 2025 | UK£9.4b | UK£25.6b | UK£638.4m | 15.5x | 14.8x | 0.4x |
| Fri, 19 Sep 2025 | UK£8.8b | UK£25.6b | UK£640.6m | 13.7x | 13.8x | 0.3x |
| Sun, 17 Aug 2025 | UK£8.6b | UK£25.7b | UK£642.0m | 14.3x | 13.3x | 0.3x |
| Tue, 15 Jul 2025 | UK£8.5b | UK£25.0b | UK£637.8m | 14.6x | 13.3x | 0.3x |
| Thu, 12 Jun 2025 | UK£7.9b | UK£25.0b | UK£638.8m | 13.8x | 12.3x | 0.3x |
| Sat, 10 May 2025 | UK£7.6b | UK£24.9b | UK£636.3m | 13.3x | 11.9x | 0.3x |
| Mon, 07 Apr 2025 | UK£6.3b | UK£24.9b | UK£638.4m | 10.7x | 9.9x | 0.3x |
| Wed, 05 Mar 2025 | UK£6.8b | UK£24.7b | UK£666.7m | 11x | 10.3x | 0.3x |
| Fri, 31 Jan 2025 | UK£7.2b | UK£24.5b | UK£658.9m | 11.7x | 10.9x | 0.3x |
| Sun, 29 Dec 2024 | UK£7.7b | UK£24.5b | UK£651.0m | 12x | 11.8x | 0.3x |
| Tue, 26 Nov 2024 | UK£7.8b | UK£24.5b | UK£668.1m | 11.9x | 11.7x | 0.3x |
| Thu, 24 Oct 2024 | UK£8.0b | UK£24.4b | UK£666.6m | 11.8x | 12x | 0.3x |
| Sat, 21 Sep 2024 | UK£7.3b | UK£24.2b | UK£645.0m | 11.9x | 11.4x | 0.3x |
| Mon, 19 Aug 2024 | UK£7.3b | UK£24.0b | UK£627.3m | 16.1x | 11.6x | 0.3x |
| Wed, 17 Jul 2024 | UK£7.0b | UK£23.7b | UK£551.0m | 15.5x | 12.8x | 0.3x |
| Fri, 14 Jun 2024 | UK£6.4b | UK£24.2b | UK£563.0m | 12.4x | 11.4x | 0.3x |
| Sun, 12 May 2024 | UK£6.4b | UK£24.1b | UK£562.8m | 11.9x | 11.4x | 0.3x |
| Tue, 09 Apr 2024 | UK£6.0b | UK£24.1b | UK£550.0m | 10x | 10.9x | 0.2x |
| Thu, 07 Mar 2024 | UK£5.7b | UK£23.5b | UK£682.3m | 8.6x | 8.4x | 0.2x |
| Sat, 03 Feb 2024 | UK£5.6b | UK£23.3b | UK£600.3m | 11x | 9.3x | 0.2x |
| Mon, 01 Jan 2024 | UK£5.5b | UK£23.3b | UK£601.5m | 9.9x | 9.1x | 0.2x |
| Wed, 29 Nov 2023 | UK£5.3b | UK£23.3b | UK£594.2m | 9.4x | 8.9x | 0.2x |
| Fri, 27 Oct 2023 | UK£4.8b | UK£23.3b | UK£595.5m | 8.9x | 8x | 0.2x |
| Sun, 24 Sep 2023 | UK£5.3b | UK£23.3b | UK£595.6m | 9.5x | 8.9x | 0.2x |
| Tue, 22 Aug 2023 | UK£5.0b | UK£23.0b | UK£583.6m | 9.8x | 8.5x | 0.2x |
| Thu, 20 Jul 2023 | UK£5.2b | UK£22.4b | UK£604.7m | 12.3x | 8.7x | 0.2x |
| Sat, 17 Jun 2023 | UK£5.1b | UK£22.4b | UK£605.4m | 12.2x | 8.4x | 0.2x |
8.4x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -1.85% | |
| Industrials | -0.73% | |
| Construction | 0.11% | |
| Construction and Engineering | 0.11% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KLR Keller Group | UK£24.58 | 2.4% +UK£39.9m | 62.1% | PE11.8x | |
| BBY Balfour Beatty | UK£7.98 | 0.9% +UK£36.0m | 58.5% | PE14.6x |