Narrative Update • May 31

The Professional Services is pretty flat in the last 7 days, but RWS Holdings has stood out, gaining 7.9%. As for the longer term, the industry has declined 31% in the last year. Earnings are forecast to grow by 11% annually.
Has the U.K. Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 03 Jun 2026 | UK£80.6b | UK£36.4b | UK£3.4b | 18.8x | 23.7x | 2.2x |
| Fri, 01 May 2026 | UK£84.4b | UK£35.9b | UK£3.3b | 18.5x | 25.6x | 2.4x |
| Sun, 29 Mar 2026 | UK£75.2b | UK£33.7b | UK£3.5b | 15.9x | 21.6x | 2.2x |
| Tue, 24 Feb 2026 | UK£76.1b | UK£36.0b | UK£3.5b | 19.4x | 21.7x | 2.1x |
| Thu, 22 Jan 2026 | UK£95.0b | UK£36.1b | UK£3.4b | 20.7x | 28.1x | 2.6x |
| Sat, 20 Dec 2025 | UK£99.8b | UK£36.1b | UK£3.4b | 19.8x | 29.4x | 2.8x |
| Mon, 17 Nov 2025 | UK£101.1b | UK£35.9b | UK£3.5b | 20.9x | 29.2x | 2.8x |
| Wed, 15 Oct 2025 | UK£108.2b | UK£35.5b | UK£3.3b | 22.1x | 32.8x | 3x |
| Fri, 12 Sep 2025 | UK£111.1b | UK£36.0b | UK£3.4b | 21.9x | 33.1x | 3.1x |
| Sun, 10 Aug 2025 | UK£114.4b | UK£36.3b | UK£3.4b | 21.4x | 33.9x | 3.1x |
| Tue, 08 Jul 2025 | UK£122.4b | UK£36.6b | UK£3.4b | 22.6x | 35.5x | 3.3x |
| Thu, 05 Jun 2025 | UK£122.6b | UK£36.6b | UK£3.4b | 22.8x | 35.9x | 3.3x |
| Sat, 03 May 2025 | UK£125.7b | UK£36.5b | UK£3.4b | 22.7x | 36.6x | 3.4x |
| Mon, 31 Mar 2025 | UK£121.0b | UK£37.2b | UK£3.5b | 23.4x | 34.7x | 3.3x |
| Wed, 26 Feb 2025 | UK£124.1b | UK£37.6b | UK£3.4b | 28.8x | 36.8x | 3.3x |
| Fri, 24 Jan 2025 | UK£127.0b | UK£37.9b | UK£3.4b | 28.4x | 37.6x | 3.3x |
| Sun, 22 Dec 2024 | UK£115.7b | UK£37.8b | UK£3.4b | 23.7x | 34.4x | 3.1x |
| Tue, 19 Nov 2024 | UK£116.0b | UK£37.8b | UK£3.3b | 23.5x | 35.7x | 3.1x |
| Thu, 17 Oct 2024 | UK£121.6b | UK£37.5b | UK£3.2b | 21.9x | 37.5x | 3.2x |
| Sat, 14 Sep 2024 | UK£119.8b | UK£37.4b | UK£3.2b | 24.7x | 37.2x | 3.2x |
| Mon, 12 Aug 2024 | UK£116.1b | UK£38.1b | UK£3.3b | 21.9x | 34.7x | 3x |
| Wed, 10 Jul 2024 | UK£118.2b | UK£38.5b | UK£3.1b | 19x | 37.8x | 3.1x |
| Fri, 07 Jun 2024 | UK£119.1b | UK£38.5b | UK£3.1b | 20.3x | 37.9x | 3.1x |
| Sun, 05 May 2024 | UK£111.0b | UK£38.4b | UK£3.0b | 19.1x | 36.7x | 2.9x |
| Tue, 02 Apr 2024 | UK£113.7b | UK£38.4b | UK£3.0b | 22.5x | 37.6x | 3x |
| Thu, 29 Feb 2024 | UK£113.6b | UK£40.7b | UK£3.2b | 19.3x | 35.1x | 2.8x |
| Sat, 27 Jan 2024 | UK£111.8b | UK£41.7b | UK£3.3b | 21.6x | 33.5x | 2.7x |
| Mon, 25 Dec 2023 | UK£105.7b | UK£41.7b | UK£3.3b | 22.4x | 31.7x | 2.5x |
| Wed, 22 Nov 2023 | UK£100.6b | UK£41.7b | UK£3.5b | 17.3x | 28.9x | 2.4x |
| Fri, 20 Oct 2023 | UK£95.5b | UK£41.8b | UK£3.3b | 17.2x | 29x | 2.3x |
| Sun, 17 Sep 2023 | UK£96.5b | UK£41.6b | UK£3.3b | 19.8x | 29.5x | 2.3x |
| Tue, 15 Aug 2023 | UK£93.2b | UK£41.1b | UK£3.3b | 17.9x | 28.4x | 2.3x |
| Thu, 13 Jul 2023 | UK£90.9b | UK£39.6b | UK£3.3b | 16.2x | 27.8x | 2.3x |
| Sat, 10 Jun 2023 | UK£92.2b | UK£39.7b | UK£3.3b | 16.7x | 28x | 2.3x |
28x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -0.85% | |
| Industrials | -0.30% | |
| Professional Services | 0.85% | |
| HR Services | 3.83% | |
| Research and Consulting Services | 0.80% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RWS RWS Holdings | UK£1.06 | 7.9% +UK£28.6m | 34.9% | PS0.6x | |
| WIL Wilmington | UK£2.60 | 7.0% +UK£15.2m | -27.0% | PE21.1x | |
| HAS Hays | UK£0.33 | 2.8% +UK£14.7m | -52.9% | PS0.08x | |
| BTG BTG Consulting | UK£1.26 | 5.9% +UK£11.3m | 22.4% | PE20.4x | |
| ELIX Elixirr International | UK£7.28 | 1.1% +UK£4.0m | -5.8% | PE18.3x |