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

U.K. (FTSE) Market Analysis & Valuation

UpdatedJul 30, 2026
DataAggregated Company Financials
Companies1080
  • 7D1.5%
  • 3M4.4%
  • 1Y18.9%
  • YTD9.1%

Over the last 7 days, the market has risen 1.5%, driven by gains of 4.9% in the Consumer Staples sector. On the other hand, with a decline of 5.3%, the Utilities sector is lagging behind. In the last year, the market has climbed 19%. As for the next few years, earnings are expected to grow by 11% per annum.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Jul 2026UK£3.1tUK£2.0tUK£166.8b16.1x18.3x1.5x
Sat, 27 Jun 2026UK£2.9tUK£2.0tUK£165.4b15.7x17.8x1.4x
Mon, 25 May 2026UK£3.0tUK£2.0tUK£165.8b16.1x17.8x1.5x
Wed, 22 Apr 2026UK£3.0tUK£2.0tUK£157.5b16.2x18.9x1.5x
Fri, 20 Mar 2026UK£2.8tUK£2.0tUK£156.2b15.1x18.1x1.4x
Sun, 15 Feb 2026UK£3.0tUK£1.9tUK£145.5b16.7x20.6x1.5x
Tue, 13 Jan 2026UK£2.9tUK£2.0tUK£137.8b16.7x21.1x1.5x
Thu, 11 Dec 2025UK£2.8tUK£2.0tUK£138.4b15.9x19.9x1.4x
Sat, 08 Nov 2025UK£2.8tUK£2.0tUK£138.1b16.1x20.1x1.4x
Mon, 06 Oct 2025UK£2.7tUK£1.9tUK£135.4b16.8x20.2x1.4x
Wed, 03 Sep 2025UK£2.6tUK£2.0tUK£135.7b15.8x19.4x1.3x
Fri, 01 Aug 2025UK£2.6tUK£2.0tUK£126.3b16.4x20.3x1.3x
Sun, 29 Jun 2025UK£2.5tUK£1.9tUK£126.7b16.7x19.6x1.3x
Tue, 27 May 2025UK£2.5tUK£1.9tUK£125.7b16.2x19.7x1.3x
Thu, 24 Apr 2025UK£2.4tUK£2.0tUK£135.1b15.3x17.7x1.2x
Sat, 22 Mar 2025UK£2.5tUK£2.0tUK£136.5b15.6x18.1x1.2x
Mon, 17 Feb 2025UK£2.5tUK£2.0tUK£139.3b16.4x18.1x1.2x
Wed, 15 Jan 2025UK£2.4tUK£2.1tUK£124.8b15.7x19.2x1.2x
Fri, 13 Dec 2024UK£2.4tUK£2.0tUK£121.9b16.3x20x1.2x
Sun, 10 Nov 2024UK£2.4tUK£2.0tUK£118.2b16.3x20.2x1.2x
Tue, 08 Oct 2024UK£2.4tUK£2.0tUK£118.8b16.4x20.4x1.2x
Thu, 05 Sep 2024UK£2.4tUK£2.0tUK£119.1b16.8x20.5x1.2x
Sat, 03 Aug 2024UK£2.4tUK£2.0tUK£124.9b16.7x19.3x1.2x
Mon, 01 Jul 2024UK£2.4tUK£2.0tUK£132.1b16.2x18.2x1.2x
Wed, 29 May 2024UK£2.5tUK£2.0tUK£129.0b17.2x19.1x1.2x
Fri, 26 Apr 2024UK£2.4tUK£2.1tUK£143.8b15.8x16.8x1.2x
Sun, 24 Mar 2024UK£2.4tUK£2.1tUK£147.6b16.3x16.4x1.1x
Tue, 20 Feb 2024UK£2.3tUK£2.0tUK£147.1b15.2x15.6x1.1x
Thu, 18 Jan 2024UK£2.3tUK£2.1tUK£193.7b14.6x11.6x1.1x
Sat, 16 Dec 2023UK£2.3tUK£2.1tUK£193.7b15.1x11.9x1.1x
Mon, 13 Nov 2023UK£2.2tUK£2.2tUK£195.3b13.9x11.4x1x
Wed, 11 Oct 2023UK£2.3tUK£2.2tUK£185.9b14x12.6x1.1x
Fri, 08 Sep 2023UK£2.3tUK£2.2tUK£185.3b14.4x12.4x1.1x
Sun, 06 Aug 2023UK£2.4tUK£2.2tUK£189.4b14.6x12.4x1.1x
Price to Earnings Ratio

12.4x


Total Market Cap: UK£2.4tTotal Earnings: UK£189.4bTotal Revenue: UK£2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Market Price to Earnings3Y Average 17.8x202420252026
Current Market PE
  • Investors are relatively neutral on the British market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.8x.
Past Earnings Growth
  • The earnings for British listed companies have declined 4.1% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

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

GB Market1.47%
Consumer Staples4.93%
Telecom4.87%
Consumer Discretionary4.51%
Healthcare3.94%
Industrials2.62%
Real Estate2.35%
Tech1.47%
Energy0.15%
Financials-0.25%
Materials-1.24%
Utilities-5.29%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 51.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings growth of 7.6% per year.
  • The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 10.3x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 1.8% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 6.8% 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
HSBA HSBC HoldingsUK£15.873.9%
+UK£10.3b		72.0%PB1.9xFinancials
RR. Rolls-Royce HoldingsUK£14.637.7%
+UK£8.6b		36.5%PE20.6xIndustrials
ULVR UnileverUK£48.506.8%
+UK£6.6b		-2.2%PE21.8xConsumer Staples
RIO Rio Tinto GroupUK£71.364.1%
+UK£4.6b		58.5%PE12.8xMaterials
REL RELXUK£26.759.1%
+UK£3.9b		-32.0%PE20.7xIndustrials
See more

Market Insights

Header cover image
Healthcare just hit its lowest market weight since 1994. But dig deeper into the sector, and the collapse starts to look like a costume in some ways.
Continue reading
A brand’s strength doesn’t always last

Latest News

BARC
UK£5.11
Barclays
7D
-1.7%
1Y
37.6%
ULVR
UK£48.50
Unilever
7D
6.8%
1Y
-2.2%
RIO
UK£71.36
Rio Tinto Group
7D
4.1%
1Y
58.5%
RKT
UK£53.00
Reckitt Benckiser Group
7D
7.3%
1Y
-10.3%
RTO
UK£3.52
Rentokil Initial
7D
-18.0%
1Y
-7.2%
SHEL
UK£33.19
Shell
7D
-0.7%
1Y
22.4%
BA.
UK£20.50
BAE Systems
7D
4.3%
1Y
13.6%
RR.
UK£14.63
Rolls-Royce Holdings
7D
7.7%
1Y
36.5%
HSBA
UK£15.87
HSBC Holdings
7D
3.9%
1Y
72.0%
REL
UK£26.75
RELX
7D
9.1%
1Y
-32.0%
KAP
US$64.10
National Atomic Company Kazatomprom JSC
7D
-3.6%
1Y
55.6%
Narrative Update • Jul 28

KAP: Uranium Pricing Upswing And 2026 Dividend Will Drive Future Returns

Analysts have adjusted their fair value estimate for National Atomic Company Kazatomprom JSC from about $85.20 to roughly $78.14, reflecting updated assumptions on revenue growth, profit margins and future P/E following mixed recent research that includes both a new Buy initiation and a downgrade. Analyst Commentary Recent research on National Atomic Company Kazatomprom JSC highlights a clear split between bullish analysts who see upside tied to uranium pricing and more cautious voices that focus on execution risks and valuation sensitivity.
BP.
UK£5.43
BP
7D
-2.3%
1Y
34.1%
DGE
UK£16.44
Diageo
7D
6.7%
1Y
-11.3%
NG.
UK£11.85
National Grid
7D
-4.0%
1Y
11.7%
SSE
UK£23.47
SSE
7D
-3.8%
1Y
27.0%
HBR
UK£2.36
Harbour Energy
7D
-10.2%
1Y
18.3%
Narrative Update • Jul 15

HBR: Higher Production Delivery Will Support Reappraisal Of Cash Generation Prospects

Analysts have trimmed their fair value estimate for Harbour Energy from £4.53 to £4.23. Recent price target changes, now ranging from about £2.90 to £3.20, reflect questions about the company’s growth pipeline and a more cautious stance on its valuation multiples.