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U.K. (FTSE) Market Analysis & Valuation

UpdatedDec 04, 2025
DataAggregated Company Financials
Companies1104
  • 7D0.2%
  • 3M5.1%
  • 1Y15.4%
  • YTD16.6%

In the last week, the market has stayed flat, however the Materials sector stood out, gaining 4.8%. As for the longer term, the market has risen 16% in the past 12 months. 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
Fri, 05 Dec 2025UK£2.8tUK£2.0tUK£139.1b16.2x20.1x1.4x
Sun, 02 Nov 2025UK£2.8tUK£2.0tUK£138.8b16.5x20.1x1.4x
Tue, 30 Sep 2025UK£2.7tUK£1.9tUK£135.9b16.6x19.8x1.4x
Thu, 28 Aug 2025UK£2.7tUK£1.9tUK£135.3b16x19.8x1.4x
Sat, 26 Jul 2025UK£2.6tUK£1.9tUK£125.2b16.3x20.5x1.3x
Mon, 23 Jun 2025UK£2.5tUK£1.9tUK£127.6b16.4x19.4x1.3x
Wed, 21 May 2025UK£2.5tUK£2.0tUK£127.4b16.7x19.6x1.3x
Fri, 18 Apr 2025UK£2.4tUK£2.0tUK£135.0b15.3x17.5x1.2x
Sun, 16 Mar 2025UK£2.5tUK£2.0tUK£137.0b15x18.1x1.2x
Tue, 11 Feb 2025UK£2.5tUK£2.0tUK£124.0b16x20.5x1.2x
Thu, 09 Jan 2025UK£2.4tUK£2.1tUK£123.9b16.1x19.5x1.2x
Sat, 07 Dec 2024UK£2.4tUK£2.0tUK£122.3b16.4x20x1.2x
Mon, 04 Nov 2024UK£2.4tUK£2.0tUK£118.3b16.3x20.4x1.2x
Wed, 02 Oct 2024UK£2.4tUK£2.0tUK£117.8b16.6x20.6x1.2x
Fri, 30 Aug 2024UK£2.5tUK£2.0tUK£119.1b17x20.7x1.2x
Sun, 28 Jul 2024UK£2.4tUK£2.0tUK£127.1b16.5x19.2x1.2x
Tue, 25 Jun 2024UK£2.4tUK£2.0tUK£131.8b16.5x18.5x1.2x
Thu, 23 May 2024UK£2.5tUK£2.0tUK£125.8b17x19.9x1.2x
Sat, 20 Apr 2024UK£2.4tUK£2.1tUK£147.5b15.7x16.1x1.1x
Mon, 18 Mar 2024UK£2.3tUK£2.1tUK£145.0b16.1x16.1x1.1x
Wed, 14 Feb 2024UK£2.2tUK£2.0tUK£144.9b14.9x15.5x1.1x
Fri, 12 Jan 2024UK£2.3tUK£2.1tUK£193.3b14.9x11.9x1.1x
Sun, 10 Dec 2023UK£2.3tUK£2.1tUK£194.1b14.6x11.8x1.1x
Tue, 07 Nov 2023UK£2.2tUK£2.1tUK£193.7b13.8x11.5x1x
Thu, 05 Oct 2023UK£2.3tUK£2.2tUK£186.6b14.1x12.4x1.1x
Sat, 02 Sep 2023UK£2.3tUK£2.2tUK£184.1b14.5x12.5x1.1x
Mon, 31 Jul 2023UK£2.4tUK£2.2tUK£193.6b14.4x12.4x1.1x
Wed, 28 Jun 2023UK£2.3tUK£2.2tUK£208.3b14.1x11.1x1.1x
Fri, 26 May 2023UK£2.4tUK£2.2tUK£216.7b14.2x11.1x1.1x
Sun, 23 Apr 2023UK£2.5tUK£2.2tUK£178.7b14.1x13.9x1.1x
Tue, 21 Mar 2023UK£2.3tUK£2.2tUK£182.4b13.5x12.4x1x
Thu, 16 Feb 2023UK£2.5tUK£2.1tUK£195.7b13.8x13x1.2x
Sat, 14 Jan 2023UK£2.5tUK£2.1tUK£185.1b13.8x13.6x1.2x
Mon, 12 Dec 2022UK£2.4tUK£2.1tUK£185.6b13.4x13x1.1x
Price to Earnings Ratio

13x


Total Market Cap: UK£2.4tTotal Earnings: UK£185.6bTotal Revenue: UK£2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Market Price to Earnings3Y Average 16.4x202320242025
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 20.1x which is higher than its 3-year average PE of 16.4x.
Past Earnings Growth
  • The earnings for companies in the British industry have declined 9.2% 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 Market0.31%
Materials4.75%
Energy2.51%
Tech1.36%
Industrials1.07%
Financials0.036%
Telecom-0.33%
Utilities-0.35%
Real Estate-0.41%
Consumer Discretionary-0.78%
Consumer Staples-0.96%
Healthcare-2.38%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 52.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.5%, which is higher than its past year's earnings growth of 7.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 32% 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 6.9% 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
GLEN GlencoreUK£3.837.3%
+UK£3.1b		1.5%PS0.3xMaterials
ANTO AntofagastaUK£29.8110.8%
+UK£2.9b		71.4%PE36xMaterials
BP. BPUK£4.654.0%
+UK£2.7b		22.6%PE62.7xEnergy
RR. Rolls-Royce HoldingsUK£10.913.1%
+UK£2.7b		85.4%PE15.8xIndustrials
SHEL ShellUK£28.001.7%
+UK£2.5b		12.2%PE14.7xEnergy
See more

Market Insights

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🏰 Defensive Stocks Are No Longer Cheap
Richard Bowman avatar
Richard Bowman
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In this piece, we’ll cover the key defensive sectors across the US, Canada, the UK, Europe, and Australia, compare their valuations to the broader market, and highlight where “safety” might actually be expensive risk in disguise.
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7D
2.6%
1Y
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UK£29.81
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1Y
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UK£16.82
Diageo
7D
-3.4%
1Y
-30.7%

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Analysts have modestly reduced their price target on Diageo by approximately $0.48 per share. This reflects slightly softer top-line growth assumptions, partially offset by a marginally improved long term profit margin outlook and a still-supportive valuation multiple.
RR.
UK£10.91
Rolls-Royce Holdings
7D
3.1%
1Y
85.4%

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WTB
UK£23.94
Whitbread
7D
-14.9%
1Y
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ULVR
UK£44.28
Unilever
7D
-2.0%
1Y
-5.1%
GLEN
UK£3.83
Glencore
7D
7.3%
1Y
1.5%

GLEN: Higher Price Expectations Will Depend On Delivering Key Operational Improvements

The analyst consensus price target for Glencore has increased from 400 GBp to 440 GBp, as analysts cite improved valuation metrics and ongoing strength in the company’s fundamentals. Analyst Commentary Recent analyst reports have highlighted both positive developments and ongoing challenges regarding Glencore's outlook.
NWG
UK£6.26
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7D
-1.0%
1Y
51.7%
HSBA
UK£10.74
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7D
0.9%
1Y
43.0%
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UK£29.50
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7D
4.4%
1Y
4.3%

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BP.
UK£4.65
BP
7D
4.0%
1Y
22.6%

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1.7%
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12.2%

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