Narrative Update • Jun 11

Over the last 7 days, the Professional Services industry has dropped 3.2%, driven by a pullback from RELX of 4.2%. However, the industry is down 31% over the past 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 |
|---|---|---|---|---|---|---|
| Mon, 15 Jun 2026 | UK£80.8b | UK£36.4b | UK£3.4b | 17.5x | 23.7x | 2.2x |
| Wed, 13 May 2026 | UK£80.6b | UK£36.0b | UK£3.3b | 17.7x | 24.4x | 2.2x |
| Fri, 10 Apr 2026 | UK£78.1b | UK£36.0b | UK£3.3b | 17.2x | 23.7x | 2.2x |
| Sun, 08 Mar 2026 | UK£83.7b | UK£36.0b | UK£3.5b | 18.9x | 23.9x | 2.3x |
| Tue, 03 Feb 2026 | UK£84.9b | UK£35.9b | UK£3.4b | 20.4x | 25.3x | 2.4x |
| Thu, 01 Jan 2026 | UK£99.1b | UK£36.0b | UK£3.4b | 20.3x | 29.3x | 2.7x |
| Sat, 29 Nov 2025 | UK£98.9b | UK£36.2b | UK£3.5b | 19.8x | 28.1x | 2.7x |
| Mon, 27 Oct 2025 | UK£111.5b | UK£35.5b | UK£3.3b | 21.6x | 33.7x | 3.1x |
| Wed, 24 Sep 2025 | UK£110.8b | UK£36.1b | UK£3.4b | 21.8x | 33x | 3.1x |
| Fri, 22 Aug 2025 | UK£115.0b | UK£36.2b | UK£3.4b | 21.3x | 34.2x | 3.2x |
| Sun, 20 Jul 2025 | UK£124.8b | UK£36.7b | UK£3.5b | 22.2x | 36.1x | 3.4x |
| Tue, 17 Jun 2025 | UK£122.2b | UK£36.6b | UK£3.4b | 22.2x | 35.9x | 3.3x |
| Thu, 15 May 2025 | UK£124.3b | UK£36.5b | UK£3.4b | 23.8x | 36.1x | 3.4x |
| Sat, 12 Apr 2025 | UK£112.9b | UK£36.6b | UK£3.4b | 20.2x | 32.7x | 3.1x |
| Mon, 10 Mar 2025 | UK£117.9b | UK£37.1b | UK£3.5b | 24.3x | 33.8x | 3.2x |
| Wed, 05 Feb 2025 | UK£126.8b | UK£37.8b | UK£3.4b | 27.8x | 37.8x | 3.4x |
| Fri, 03 Jan 2025 | UK£116.6b | UK£37.9b | UK£3.4b | 23.7x | 34.5x | 3.1x |
| Sun, 01 Dec 2024 | UK£119.7b | UK£37.7b | UK£3.2b | 24.6x | 36.9x | 3.2x |
| Tue, 29 Oct 2024 | UK£120.5b | UK£37.5b | UK£3.2b | 22.3x | 37.2x | 3.2x |
| Thu, 26 Sep 2024 | UK£120.4b | UK£37.3b | UK£3.2b | 23x | 37.3x | 3.2x |
| Sat, 24 Aug 2024 | UK£115.9b | UK£37.4b | UK£3.2b | 21.9x | 36.1x | 3.1x |
| Mon, 22 Jul 2024 | UK£114.4b | UK£38.5b | UK£3.1b | 18.8x | 36.7x | 3x |
| Wed, 19 Jun 2024 | UK£119.3b | UK£38.5b | UK£3.1b | 20.5x | 38x | 3.1x |
| Fri, 17 May 2024 | UK£117.6b | UK£38.6b | UK£3.1b | 19.3x | 37.3x | 3x |
| Sun, 14 Apr 2024 | UK£110.8b | UK£38.5b | UK£3.0b | 22.7x | 36.5x | 2.9x |
| Tue, 12 Mar 2024 | UK£112.0b | UK£40.4b | UK£3.0b | 20.2x | 36.8x | 2.8x |
| Thu, 08 Feb 2024 | UK£109.0b | UK£40.9b | UK£3.3b | 20.7x | 33.4x | 2.7x |
| Sat, 06 Jan 2024 | UK£105.3b | UK£41.6b | UK£3.3b | 22x | 31.6x | 2.5x |
| Mon, 04 Dec 2023 | UK£101.5b | UK£41.7b | UK£3.4b | 18.2x | 29.5x | 2.4x |
| Wed, 01 Nov 2023 | UK£93.2b | UK£41.7b | UK£3.3b | 17.3x | 28.3x | 2.2x |
| Fri, 29 Sep 2023 | UK£93.9b | UK£41.7b | UK£3.3b | 19.1x | 28.7x | 2.2x |
| Sun, 27 Aug 2023 | UK£90.1b | UK£41.5b | UK£3.3b | 19.3x | 27.6x | 2.2x |
| Tue, 25 Jul 2023 | UK£94.0b | UK£39.7b | UK£3.3b | 16.4x | 28.7x | 2.4x |
| Thu, 22 Jun 2023 | UK£93.7b | UK£39.6b | UK£3.3b | 17.1x | 28.5x | 2.4x |
28.5x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 0.98% | |
| Industrials | 0.55% | |
| Professional Services | -3.15% | |
| HR Services | 0.77% | |
| Research and Consulting Services | -3.20% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ITRK Intertek Group | UK£56.60 | 1.6% +UK£138.1m | 18.5% | PE25.3x | |
| HAS Hays | UK£0.37 | 1.8% +UK£10.2m | -49.0% | PS0.09x | |
| WIL Wilmington | UK£2.63 | 3.1% +UK£7.2m | -24.2% | PE21.4x | |
| PAGE PageGroup | UK£1.25 | 0.9% +UK£3.4m | -54.5% | PE43x | |
| STEM SThree | UK£1.71 | 0.4% +UK£743.4k | -28.4% | PE12x |