Narrative Update • May 27

The Professional Services industry has stayed flat over the last week. As for the longer term, the industry has declined 32% in the last year. As for the next few years, earnings are expected to grow by 11% per annum.
Has the U.K. Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 30 May 2026 | UK£80.0b | UK£36.4b | UK£3.4b | 19.1x | 23.5x | 2.2x |
| Mon, 27 Apr 2026 | UK£85.2b | UK£36.0b | UK£3.3b | 19.1x | 25.8x | 2.4x |
| Wed, 25 Mar 2026 | UK£76.5b | UK£33.6b | UK£3.5b | 16.9x | 22.1x | 2.3x |
| Fri, 20 Feb 2026 | UK£77.4b | UK£36.0b | UK£3.5b | 19.7x | 22.1x | 2.1x |
| Sun, 18 Jan 2026 | UK£99.4b | UK£36.1b | UK£3.4b | 21.2x | 29.4x | 2.8x |
| Tue, 16 Dec 2025 | UK£99.9b | UK£36.1b | UK£3.4b | 19x | 29.5x | 2.8x |
| Thu, 13 Nov 2025 | UK£101.4b | UK£35.6b | UK£3.3b | 20.9x | 30.6x | 2.8x |
| Sat, 11 Oct 2025 | UK£107.7b | UK£35.5b | UK£3.3b | 22.5x | 32.6x | 3x |
| Mon, 08 Sep 2025 | UK£113.5b | UK£36.0b | UK£3.4b | 21.6x | 33.8x | 3.1x |
| Wed, 06 Aug 2025 | UK£119.6b | UK£36.7b | UK£3.4b | 22.3x | 35.3x | 3.3x |
| Fri, 04 Jul 2025 | UK£121.5b | UK£36.6b | UK£3.4b | 22.6x | 35.3x | 3.3x |
| Sun, 01 Jun 2025 | UK£122.0b | UK£36.6b | UK£3.4b | 23x | 35.7x | 3.3x |
| Tue, 29 Apr 2025 | UK£119.9b | UK£36.4b | UK£3.4b | 23.6x | 35x | 3.3x |
| Thu, 27 Mar 2025 | UK£120.3b | UK£37.2b | UK£3.5b | 23.1x | 34.5x | 3.2x |
| Sat, 22 Feb 2025 | UK£124.2b | UK£37.6b | UK£3.4b | 28.8x | 36.8x | 3.3x |
| Mon, 20 Jan 2025 | UK£126.0b | UK£38.0b | UK£3.4b | 28.1x | 37.2x | 3.3x |
| Wed, 18 Dec 2024 | UK£118.1b | UK£37.8b | UK£3.4b | 23.9x | 35.2x | 3.1x |
| Fri, 15 Nov 2024 | UK£117.3b | UK£37.8b | UK£3.2b | 23.5x | 36.1x | 3.1x |
| Sun, 13 Oct 2024 | UK£119.4b | UK£37.4b | UK£3.2b | 22.9x | 36.9x | 3.2x |
| Tue, 10 Sep 2024 | UK£117.9b | UK£37.4b | UK£3.2b | 22.8x | 36.6x | 3.1x |
| Thu, 08 Aug 2024 | UK£116.1b | UK£38.3b | UK£3.4b | 18.4x | 34.3x | 3x |
| Sat, 06 Jul 2024 | UK£118.4b | UK£38.5b | UK£3.1b | 19.4x | 37.9x | 3.1x |
| Mon, 03 Jun 2024 | UK£115.2b | UK£38.6b | UK£3.1b | 20.4x | 36.7x | 3x |
| Wed, 01 May 2024 | UK£109.4b | UK£38.4b | UK£3.0b | 19.2x | 36.1x | 2.8x |
| Fri, 29 Mar 2024 | UK£113.7b | UK£38.4b | UK£3.0b | 22.5x | 37.6x | 3x |
| Sun, 25 Feb 2024 | UK£115.2b | UK£40.7b | UK£3.2b | 19.3x | 35.6x | 2.8x |
| Tue, 23 Jan 2024 | UK£109.1b | UK£41.7b | UK£3.3b | 20.2x | 32.7x | 2.6x |
| Thu, 21 Dec 2023 | UK£105.9b | UK£41.7b | UK£3.4b | 22.5x | 31.5x | 2.5x |
| Sat, 18 Nov 2023 | UK£100.1b | UK£41.8b | UK£3.5b | 17.4x | 28.7x | 2.4x |
| Mon, 16 Oct 2023 | UK£97.9b | UK£41.8b | UK£3.3b | 17.1x | 29.8x | 2.3x |
| Wed, 13 Sep 2023 | UK£94.2b | UK£41.6b | UK£3.3b | 19.4x | 28.8x | 2.3x |
| Fri, 11 Aug 2023 | UK£94.7b | UK£41.1b | UK£3.3b | 17.5x | 28.9x | 2.3x |
| Sun, 09 Jul 2023 | UK£89.5b | UK£39.6b | UK£3.3b | 16.4x | 27.4x | 2.3x |
| Tue, 06 Jun 2023 | UK£93.6b | UK£39.7b | UK£3.3b | 16.6x | 28.4x | 2.4x |
28.4x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -0.27% | |
| Industrials | 2.40% | |
| Professional Services | -0.26% | |
| HR Services | 3.61% | |
| Research and Consulting Services | -0.36% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REL RELX | UK£24.50 | 0.1% +UK£53.1m | -38.7% | PE21x | |
| RWS RWS Holdings | UK£1.08 | 10.9% +UK£39.3m | 35.2% | PS0.6x | |
| DATA GlobalData | UK£1.07 | 4.1% +UK£30.7m | -40.4% | PE23.6x | |
| HAS Hays | UK£0.33 | 5.6% +UK£27.8m | -54.2% | PS0.08x | |
| CPI Capita | UK£3.99 | 5.6% +UK£25.2m | 75.2% | PS0.2x |