Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) Market Analysis & Valuation

UpdatedNov 15, 2025
DataAggregated Company Financials
Companies1102
  • 7D-0.9%
  • 3M5.1%
  • 1Y18.2%
  • YTD16.3%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. More promisingly, the market is up 18% over the past year. Earnings are forecast to grow by 15% annually.

Trending IndustriesOil and GasGoldBiotechSoftware

Market Valuation and Performance

Has the U.K. Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Nov 2025UK£2.8tUK£2.0tUK£139.4b16.3x19.9x1.4x
Wed, 15 Oct 2025UK£2.7tUK£1.9tUK£135.9b16.7x20.1x1.4x
Fri, 12 Sep 2025UK£2.7tUK£1.9tUK£135.5b16.3x19.8x1.4x
Sun, 10 Aug 2025UK£2.6tUK£1.9tUK£134.0b16.2x19.7x1.4x
Tue, 08 Jul 2025UK£2.5tUK£1.9tUK£127.0b16.2x19.6x1.3x
Thu, 05 Jun 2025UK£2.5tUK£1.9tUK£127.1b16.2x19.6x1.3x
Sat, 03 May 2025UK£2.4tUK£2.0tUK£131.6b15.8x18.6x1.2x
Mon, 31 Mar 2025UK£2.5tUK£2.0tUK£135.5b15.5x18.2x1.2x
Wed, 26 Feb 2025UK£2.5tUK£2.0tUK£137.3b16x18.2x1.2x
Fri, 24 Jan 2025UK£2.5tUK£2.1tUK£124.0b15.9x20.1x1.2x
Sun, 22 Dec 2024UK£2.4tUK£2.0tUK£122.8b16x19.4x1.2x
Tue, 19 Nov 2024UK£2.4tUK£2.0tUK£121.9b16.4x19.6x1.2x
Thu, 17 Oct 2024UK£2.4tUK£2.0tUK£119.0b16.7x20.4x1.2x
Sat, 14 Sep 2024UK£2.4tUK£2.0tUK£119.3b16.5x20.4x1.2x
Mon, 12 Aug 2024UK£2.4tUK£2.0tUK£123.3b16.4x19.6x1.2x
Wed, 10 Jul 2024UK£2.4tUK£2.0tUK£131.6b16.7x18.3x1.2x
Fri, 07 Jun 2024UK£2.5tUK£2.0tUK£129.4b16.7x19.1x1.2x
Sun, 05 May 2024UK£2.4tUK£2.1tUK£141.9b16.5x17.3x1.2x
Tue, 02 Apr 2024UK£2.4tUK£2.1tUK£146.0b16.4x16.5x1.1x
Thu, 29 Feb 2024UK£2.3tUK£2.0tUK£140.8b15.1x16.3x1.1x
Sat, 27 Jan 2024UK£2.3tUK£2.1tUK£193.0b15x11.9x1.1x
Mon, 25 Dec 2023UK£2.3tUK£2.1tUK£193.7b15.2x12.1x1.1x
Wed, 22 Nov 2023UK£2.3tUK£2.1tUK£194.2b14.1x11.7x1.1x
Fri, 20 Oct 2023UK£2.3tUK£2.2tUK£187.3b13.6x12.2x1x
Sun, 17 Sep 2023UK£2.4tUK£2.2tUK£185.6b14.8x12.8x1.1x
Tue, 15 Aug 2023UK£2.3tUK£2.1tUK£184.6b14.4x12.6x1.1x
Thu, 13 Jul 2023UK£2.3tUK£2.2tUK£205.6b14x11.2x1.1x
Sat, 10 Jun 2023UK£2.4tUK£2.2tUK£210.0b14.3x11.3x1.1x
Mon, 08 May 2023UK£2.4tUK£2.2tUK£209.8b14.4x11.6x1.1x
Wed, 05 Apr 2023UK£2.4tUK£2.2tUK£180.2b13.6x13.3x1.1x
Fri, 03 Mar 2023UK£2.5tUK£2.2tUK£192.0b13.7x13.3x1.2x
Sun, 29 Jan 2023UK£2.5tUK£2.1tUK£183.5b14x13.6x1.2x
Tue, 27 Dec 2022UK£2.4tUK£2.1tUK£185.7b13.3x13x1.1x
Thu, 24 Nov 2022UK£2.4tUK£2.1tUK£186.7b13.3x13x1.1x
Price to Earnings Ratio

13x


Total Market Cap: UK£2.4tTotal Earnings: UK£186.7bTotal Revenue: UK£2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Market Price to Earnings3Y Average 16.3x202320242025
Current Market PE
  • Investors are optimistic on the British market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 19.9x which is higher than its 3-year average PE of 16.3x.
Past Earnings Growth
  • The earnings for companies in the British industry have declined 9.3% per year over the last three years.
  • Revenues have also declined 2.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the U.K. Market?

GB Market-0.85%
Utilities2.74%
Healthcare2.14%
Materials1.45%
Telecom0.28%
Tech0.068%
Energy-0.82%
Consumer Discretionary-1.08%
Industrials-1.83%
Financials-2.08%
Real Estate-2.41%
Consumer Staples-2.77%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 52.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.2%, which is higher than its past year's earnings growth of 11.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 5.5% per year.
  • In contrast, the Industrials sector is expected to see its earnings grow by 7.8% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
AZN AstraZenecaUK£135.323.1%
+UK£6.3b		36.5%PE29.4xHealthcare
SSE SSEUK£22.2714.6%
+UK£5.3b		30.0%PE27.9xUtilities
HSBA HSBC HoldingsUK£11.041.4%
+UK£2.6b		51.7%PB1.3xFinancials
RIO Rio Tinto GroupUK£53.941.8%
+UK£1.5b		10.9%PE11.2xMaterials
VOD Vodafone GroupUK£0.945.6%
+UK£1.2b		32.8%PS0.7xTelecom
See more

Market Insights

Header cover image
💸 The Return of Share Buybacks in Tech
Richard Bowman avatar
Richard Bowman
|
|
Some of the biggest names in tech are restarting their buyback programs. By the end of this piece, you’ll see: What’s really driving this new buyback cycle, which companies are using it to create genuine value, and when repurchases are smart capital allocation or financial sleight of hand.
Continue reading
⚠️ Default Distress: What Private Credit Troubles Could Mean for Regional Banks
Last Week

⚠️ Default Distress: What Private Credit Troubles Could Mean for Regional Banks

Latest News

III
UK£33.35
3i Group
7D
-22.5%
1Y
-3.6%
LSEG
UK£87.64
London Stock Exchange Group
7D
-3.4%
1Y
-18.2%

LSEG: Future Partnerships And Expanding Datasets Will Drive Medium-Term Upside

The analyst price target for London Stock Exchange Group has been modestly adjusted. This reflects a slightly reduced fair value of £123.09 as analysts weigh recent changes in future growth expectations and profitability margins.
TSCO
UK£4.38
Tesco
7D
-7.8%
1Y
26.0%

TSCO: Upgraded Outlook May Drive Momentum Ahead Of Earnings Update

Analysts have increased their price target for Tesco to £4.50 from £4.00, citing stronger than expected earnings estimates and an improved profit outlook. Analyst Commentary Bullish analysts have raised their price targets for Tesco, reflecting increased confidence in the company's outlook.
VOD
UK£0.94
Vodafone Group
7D
5.6%
1Y
32.8%
ULVR
UK£44.70
Unilever
7D
-2.6%
1Y
-1.9%
AZN
UK£135.32
AstraZeneca
7D
3.1%
1Y
36.5%

AZN: Oncology Pipeline Momentum And Patent Pressures Will Shape Outlook Amid Policy Changes

AstraZeneca's analyst price target has inched higher from $144.38 to $145.43, as analysts cite ongoing strength in its oncology franchises and biopharma pipeline, along with improved margin expectations. Analyst Commentary Recent Street research on AstraZeneca reflects a wide range of perspectives on the company's outlook, with both bullish and bearish analysts voicing key points of emphasis around valuation, pipeline potential, and execution risks.
EXPN
UK£33.42
Experian
7D
-3.3%
1Y
-8.6%
HLN
UK£3.69
Haleon
7D
1.6%
1Y
0.9%

Are Investors Undervaluing Haleon plc (LON:HLN) By 35%?

Nov 14
Are Investors Undervaluing Haleon plc (LON:HLN) By 35%?
AV.
UK£6.44
Aviva
7D
-5.8%
1Y
32.0%
SSE
UK£22.27
SSE
7D
14.6%
1Y
30.0%
RR.
UK£11.06
Rolls-Royce Holdings
7D
-4.7%
1Y
105.1%
HSBA
UK£11.04
HSBC Holdings
7D
1.4%
1Y
51.7%
FRES
UK£23.74
Fresnillo
7D
2.8%
1Y
259.7%

FRES: Increased Gold Price Forecasts Will Influence Share Performance Amid Sector Volatility

Analysts have sharply increased their price target on Fresnillo, with estimates rising from approximately £22.64 to £24.10 per share. They cite stronger revenue growth, higher profit margins, and optimism from higher long-term gold price forecasts.
BATS
UK£40.72
British American Tobacco
7D
-2.2%
1Y
41.3%
AAL
UK£28.50
Anglo American
7D
1.8%
1Y
8.3%

AAL: Sector Consolidation And Resource Demand Will Shape Outlook Following Major Merger

Analysts have raised their price target for Anglo American from approximately $28.36 to $29.48. They cite improved sentiment on future iron ore demand and ongoing sector consolidation as key drivers for the upward revision.
RIO
UK£53.94
Rio Tinto Group
7D
1.8%
1Y
10.9%

RIO: Steady Copper And Iron Ore Outlook Will Offset Operational And Governance Risks

Rio Tinto Group’s analyst price target has been adjusted upward from £54.85 to £56.23. This reflects analysts’ expectations for steady fundamentals in light of recent incremental changes in revenue growth and profit margin forecasts.