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U.K. (FTSE) Market Analysis & Valuation

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies1101
  • 7D-2.8%
  • 3M1.8%
  • 1Y15.7%
  • YTD14.3%

Over the last 7 days, the market has dropped 2.8%, driven by a pullback of 5.1% in the Financials sector. In the last year, the market is actually up 16%. As for the next few years, earnings are expected to grow by 14% per annum.

Trending IndustriesOil and GasGoldBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Nov 2025UK£2.7tUK£2.0tUK£139.2b16.1x19.6x1.4x
Mon, 20 Oct 2025UK£2.7tUK£1.9tUK£135.4b16.4x19.9x1.4x
Wed, 17 Sep 2025UK£2.7tUK£1.9tUK£135.1b16.4x19.7x1.4x
Fri, 15 Aug 2025UK£2.7tUK£1.9tUK£133.9b15.9x19.9x1.4x
Sun, 13 Jul 2025UK£2.5tUK£1.9tUK£127.3b16.1x19.8x1.3x
Tue, 10 Jun 2025UK£2.5tUK£1.9tUK£127.3b16.5x19.6x1.3x
Thu, 08 May 2025UK£2.4tUK£2.0tUK£130.6b16x18.7x1.2x
Sat, 05 Apr 2025UK£2.3tUK£2.0tUK£136.6b14.5x16.8x1.1x
Mon, 03 Mar 2025UK£2.5tUK£2.0tUK£139.0b15.7x18.2x1.2x
Wed, 29 Jan 2025UK£2.5tUK£2.1tUK£123.6b16x20.1x1.2x
Fri, 27 Dec 2024UK£2.4tUK£2.0tUK£123.1b15.9x19.4x1.2x
Sun, 24 Nov 2024UK£2.4tUK£2.1tUK£124.0b16.4x19.6x1.2x
Tue, 22 Oct 2024UK£2.4tUK£2.0tUK£119.0b16.3x20.4x1.2x
Thu, 19 Sep 2024UK£2.4tUK£2.0tUK£118.7b16.7x20.4x1.2x
Sat, 17 Aug 2024UK£2.4tUK£2.0tUK£121.7b16.8x20.1x1.2x
Mon, 15 Jul 2024UK£2.4tUK£2.0tUK£129.8b17x18.8x1.2x
Wed, 12 Jun 2024UK£2.4tUK£2.0tUK£129.8b16.5x18.7x1.2x
Fri, 10 May 2024UK£2.5tUK£2.1tUK£136.4b16.8x18.3x1.2x
Sun, 07 Apr 2024UK£2.4tUK£2.1tUK£146.0b16x16.4x1.1x
Tue, 05 Mar 2024UK£2.3tUK£2.0tUK£141.9b15.2x16.2x1.1x
Thu, 01 Feb 2024UK£2.3tUK£2.1tUK£191.9b14.9x12x1.1x
Sat, 30 Dec 2023UK£2.4tUK£2.1tUK£193.5b15x12.2x1.1x
Mon, 27 Nov 2023UK£2.3tUK£2.1tUK£193.6b14.4x11.7x1.1x
Wed, 25 Oct 2023UK£2.3tUK£2.2tUK£187.3b13.4x12x1x
Fri, 22 Sep 2023UK£2.4tUK£2.2tUK£186.2b14.6x12.7x1.1x
Sun, 20 Aug 2023UK£2.2tUK£2.1tUK£184.1b14.2x12.2x1x
Tue, 18 Jul 2023UK£2.3tUK£2.2tUK£204.9b13.8x11.3x1.1x
Thu, 15 Jun 2023UK£2.4tUK£2.2tUK£208.6b14.3x11.4x1.1x
Sat, 13 May 2023UK£2.4tUK£2.2tUK£212.0b14.4x11.5x1.1x
Mon, 10 Apr 2023UK£2.4tUK£2.2tUK£179.9b13.8x13.5x1.1x
Wed, 08 Mar 2023UK£2.5tUK£2.2tUK£190.8b13.8x13.3x1.1x
Fri, 03 Feb 2023UK£2.5tUK£2.1tUK£184.8b14.3x13.5x1.2x
Sun, 01 Jan 2023UK£2.4tUK£2.1tUK£185.2b13.4x13x1.1x
Tue, 29 Nov 2022UK£2.4tUK£2.1tUK£187.4b13.4x12.9x1.1x
Price to Earnings Ratio

12.9x


Total Market Cap: UK£2.4tTotal Earnings: UK£187.4bTotal 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 19.6x 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 9.4% 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-2.81%
Tech0.78%
Healthcare-0.30%
Energy-1.21%
Consumer Staples-1.52%
Telecom-1.99%
Consumer Discretionary-2.47%
Utilities-3.29%
Industrials-3.36%
Materials-3.52%
Real Estate-4.76%
Financials-5.12%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 52.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.4%, which is higher than its past year's earnings growth of 10.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 35% 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 7.6% 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£138.202.1%
+UK£4.5b		31.9%PE29.9xHealthcare
BATS British American TobaccoUK£42.273.8%
+UK£3.4b		42.4%PE30.2xConsumer Staples
ULVR UnileverUK£45.852.6%
+UK£2.9b		-2.3%PE23.4xConsumer Staples
TSCO TescoUK£4.533.2%
+UK£907.1m		28.0%PE19.1xConsumer Staples
GAW Games Workshop GroupUK£187.7016.7%
+UK£887.0m		36.7%PE31.6xConsumer Discretionary
See more

Market Insights

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🇬🇧 London’s IPO Drought and the Hunt for the UK’s Real Winners
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Richard Bowman
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This week, we will unpack the FTSE 100 vs FTSE 250 divide, the industries driving returns, and why the UK is increasingly a stock-picker’s market heading into 2026.
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UK£187.70
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7D
16.7%
1Y
36.7%
HLMA
UK£35.40
Halma
7D
5.2%
1Y
31.4%
HSBA
UK£10.41
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7D
-5.7%
1Y
43.8%

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BARC
UK£3.92
Barclays
7D
-5.2%
1Y
52.5%

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AZN
UK£138.20
AstraZeneca
7D
2.1%
1Y
31.9%
LLOY
UK£0.87
Lloyds Banking Group
7D
-4.8%
1Y
60.1%

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BATS
UK£42.27
British American Tobacco
7D
3.8%
1Y
42.4%

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BA.
UK£17.13
BAE Systems
7D
-5.2%
1Y
28.5%
GLEN
UK£3.35
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7D
-8.4%
1Y
-12.0%

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RR.
UK£10.38
Rolls-Royce Holdings
7D
-6.1%
1Y
90.2%

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ANTO
UK£25.77
Antofagasta
7D
-7.2%
1Y
54.8%

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Antofagasta's analyst price target has been revised downward from £24.79 to £25.84 per share. This change reflects a more cautious outlook from analysts amid recent reductions in growth and profitability expectations.
TSCO
UK£4.53
Tesco
7D
3.2%
1Y
28.0%

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ULVR
UK£45.85
Unilever
7D
2.6%
1Y
-2.3%
HLN
UK£3.77
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7D
2.2%
1Y
-0.8%

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SHEL
UK£27.85
Shell
7D
-2.6%
1Y
7.0%
ZEG
UK£12.80
Zegona Communications
7D
8.0%
1Y
290.2%

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