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U.K. (FTSE) Office REITs Industry Analysis

UpdatedMay 28, 2023
DataAggregated Company Financials
  • 7D-0.3%
  • 3M-11.8%
  • 1Y-32.9%
  • YTD-10.1%

Last week, the Office REITs industry hasn't moved much but Workspace Group is up 5.9% in that time. Unfortunately though, the industry is down 32% over the past 12 months. As for the next few years, earnings are expected to grow by 89% per annum.

Industry Valuation and Performance

Has the U.K. Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 May 2023UK£6.1bUK£949.1m-UK£646,224,000.00n/a-9.4x6.4x
Tue, 25 Apr 2023UK£6.4bUK£964.2m-UK£269,824,000.0038.1x-23.6x6.6x
Thu, 23 Mar 2023UK£6.2bUK£914.6m-UK£164,808,000.007.6x-37.8x6.8x
Sat, 18 Feb 2023UK£6.9bUK£941.7mUK£676.7m8.8x10.2x7.3x
Mon, 16 Jan 2023UK£7.0bUK£941.7mUK£676.7m9.5x10.3x7.4x
Wed, 14 Dec 2022UK£6.0bUK£801.3mUK£548.7m10x10.9x7.5x
Fri, 11 Nov 2022UK£6.4bUK£785.8mUK£665.1m8.5x9.6x8.1x
Sun, 09 Oct 2022UK£5.3bUK£785.8mUK£665.1m8.2x7.9x6.7x
Tue, 06 Sep 2022UK£6.3bUK£776.8mUK£654.8m10.1x9.6x8.1x
Thu, 04 Aug 2022UK£7.4bUK£763.1mUK£619.6m12.6x11.9x9.6x
Sat, 02 Jul 2022UK£7.0bUK£763.1mUK£619.6m11.5x11.3x9.2x
Mon, 30 May 2022UK£8.3bUK£816.8mUK£387.9m15.2x21.5x10.2x
Wed, 27 Apr 2022UK£8.5bUK£787.4mUK£235.8m18.1x35.8x10.7x
Fri, 25 Mar 2022UK£8.4bUK£793.0mUK£221.0m27x38x10.6x
Sun, 20 Feb 2022UK£8.7bUK£817.6m-UK£12,393,000.0068.8x-704.4x10.7x
Tue, 18 Jan 2022UK£9.6bUK£817.6m-UK£12,393,000.0075.7x-777.3x11.8x
Thu, 16 Dec 2021UK£8.9bUK£817.6m-UK£12,393,000.0072.2x-721.9x10.9x
Sat, 13 Nov 2021UK£9.3bUK£828.4m-UK£373,653,000.0074.2x-24.8x11.2x
Mon, 11 Oct 2021UK£9.2bUK£828.4m-UK£373,653,000.0072.2x-24.7x11.1x
Wed, 08 Sep 2021UK£9.7bUK£828.6m-UK£373,653,000.0080.2x-26x11.7x
Fri, 06 Aug 2021UK£9.9bUK£829.2m-UK£418,627,000.0092.2x-23.6x11.9x
Mon, 10 May 2021UK£9.2bUK£832.9m-UK£514,035,000.00n/a-17.8x11x
Sun, 31 Jan 2021UK£8.6bUK£844.7m-UK£533,232,500.00n/a-16.1x10.2x
Wed, 04 Nov 2020UK£7.1bUK£830.7m-UK£287,998,000.00271.5x-24.6x8.5x
Sat, 08 Aug 2020UK£7.6bUK£832.7mUK£97.8m23.7x77.3x9.1x
Price to Earnings Ratio


Total Market Cap: UK£8.1bTotal Earnings: UK£463.4mTotal Revenue: UK£848.9mTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Office REITs Industry Price to Earnings3Y Average -61.9x202120222023
Current Industry PE
  • Investors are pessimistic on the British Office REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 9.9x is higher than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 4.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.K. Office REITs compare with similar industries?

GB Market-1.74%
Real Estate-2.49%
Office REITs-0.34%
Specialized REITs0%
Hotel and Resort REITs0%
Retail REITs-0.12%
Residential REITs-1.98%
Diversified REITs-2.78%
Industrial REITs-3.51%
Healthcare REITs-5.25%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WKP Workspace GroupUK£4.994.4%
CLI CLS HoldingsUK£1.394.8%
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