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U.K. (FTSE) Market Analysis & Valuation

UpdatedJun 17, 2026
DataAggregated Company Financials
Companies1087
  • 7D2.7%
  • 3M2.2%
  • 1Y18.3%
  • YTD5.6%

The market has climbed 2.7% in the last 7 days, lead by the Financials sector with a gain of 6.0%. As for the past 12 months, the market is up 18%. As for the next few years, earnings are expected to grow by 12% 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
Wed, 17 Jun 2026UK£3.0tUK£2.0tUK£164.6b16x18x1.5x
Fri, 15 May 2026UK£2.9tUK£2.0tUK£164.8b15.9x17.9x1.5x
Sun, 12 Apr 2026UK£3.0tUK£2.0tUK£157.3b15.7x19x1.5x
Tue, 10 Mar 2026UK£2.9tUK£2.0tUK£153.8b15.9x18.8x1.5x
Thu, 05 Feb 2026UK£3.0tUK£1.9tUK£137.9b17.1x21.6x1.5x
Sat, 03 Jan 2026UK£2.8tUK£2.0tUK£138.0b16.3x20.6x1.5x
Mon, 01 Dec 2025UK£2.8tUK£2.0tUK£139.6b16.3x20x1.4x
Wed, 29 Oct 2025UK£2.8tUK£2.0tUK£135.9b16.5x20.5x1.4x
Fri, 26 Sep 2025UK£2.7tUK£2.0tUK£136.3b16.5x19.5x1.4x
Sun, 24 Aug 2025UK£2.7tUK£1.9tUK£134.1b16.1x20.1x1.4x
Tue, 22 Jul 2025UK£2.5tUK£1.9tUK£127.1b16.1x19.9x1.3x
Thu, 19 Jun 2025UK£2.5tUK£1.9tUK£127.8b16.4x19.6x1.3x
Sat, 17 May 2025UK£2.5tUK£2.0tUK£133.0b16.5x18.6x1.3x
Mon, 14 Apr 2025UK£2.3tUK£2.0tUK£135.7b14.7x16.7x1.1x
Wed, 12 Mar 2025UK£2.4tUK£2.0tUK£137.7b15.1x17.7x1.2x
Fri, 07 Feb 2025UK£2.5tUK£2.0tUK£123.4b16.1x20.5x1.2x
Sun, 05 Jan 2025UK£2.4tUK£2.1tUK£123.5b15.9x19.6x1.2x
Tue, 03 Dec 2024UK£2.4tUK£2.0tUK£123.0b16.3x19.9x1.2x
Thu, 31 Oct 2024UK£2.4tUK£2.0tUK£120.7b16.2x20x1.2x
Sat, 28 Sep 2024UK£2.5tUK£2.0tUK£117.7b16.9x20.8x1.2x
Mon, 26 Aug 2024UK£2.5tUK£2.0tUK£119.5b16.9x20.5x1.2x
Wed, 24 Jul 2024UK£2.4tUK£2.0tUK£129.5b16.7x18.6x1.2x
Fri, 21 Jun 2024UK£2.4tUK£2.0tUK£131.9b16.6x18.5x1.2x
Sun, 19 May 2024UK£2.5tUK£2.0tUK£125.9b17x20x1.2x
Tue, 16 Apr 2024UK£2.4tUK£2.1tUK£148.3b16.1x16.2x1.1x
Thu, 14 Mar 2024UK£2.4tUK£2.1tUK£145.0b16.2x16.2x1.1x
Sat, 10 Feb 2024UK£2.3tUK£2.0tUK£144.7b15.2x15.6x1.1x
Mon, 08 Jan 2024UK£2.3tUK£2.1tUK£193.5b15x12.1x1.1x
Wed, 06 Dec 2023UK£2.3tUK£2.1tUK£193.6b14.6x11.7x1.1x
Fri, 03 Nov 2023UK£2.2tUK£2.2tUK£195.2b13.8x11.5x1x
Sun, 01 Oct 2023UK£2.3tUK£2.2tUK£186.2b14.6x12.6x1.1x
Tue, 29 Aug 2023UK£2.3tUK£2.2tUK£183.8b14.5x12.3x1.1x
Thu, 27 Jul 2023UK£2.4tUK£2.2tUK£205.9b14.2x11.7x1.1x
Sat, 24 Jun 2023UK£2.3tUK£2.2tUK£208.6b14.1x11.1x1.1x
Price to Earnings Ratio

11.1x


Total Market Cap: UK£2.3tTotal Earnings: UK£208.6bTotal Revenue: UK£2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Market Price to Earnings3Y Average 17.6x202420252026
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 17.6x.
Past Earnings Growth
  • The earnings for companies in the British industry have declined 7.6% per year over the last three years.
  • Revenues have also declined 2.5% 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 Market2.65%
Materials6.67%
Financials5.97%
Real Estate3.87%
Industrials3.37%
Consumer Staples2.07%
Telecom1.89%
Consumer Discretionary1.89%
Utilities0.59%
Healthcare-1.15%
Energy-2.86%
Tech-4.93%
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 17.0%, 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 10.1x.
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 growth rate of 3.1% per year.
  • In contrast, the Consumer Staples sector is expected to see its earnings grow by 7.0% 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£14.3711.1%
+UK£24.6b		64.3%PB1.7xFinancials
RR. Rolls-Royce HoldingsUK£13.9012.7%
+UK£12.9b		56.0%PE19.6xIndustrials
BARC BarclaysUK£5.0412.9%
+UK£7.7b		54.9%PB0.9xFinancials
RIO Rio Tinto GroupUK£78.244.6%
+UK£5.6b		84.5%PE17.1xMaterials
STAN Standard CharteredUK£20.3713.7%
+UK£5.3b		75.2%PB1.1xFinancials
See more

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SHEL
UK£30.35
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7D
-6.3%
1Y
13.8%
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HSBA
UK£14.37
HSBC Holdings
7D
11.1%
1Y
64.3%
BARC
UK£5.04
Barclays
7D
12.9%
1Y
54.9%
RIO
UK£78.24
Rio Tinto Group
7D
4.6%
1Y
84.5%
BATS
UK£44.71
British American Tobacco
7D
-2.1%
1Y
22.1%
Narrative Update • Jun 15

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RR.
UK£13.90
Rolls-Royce Holdings
7D
12.7%
1Y
56.0%
BP.
UK£5.05
BP
7D
-6.6%
1Y
30.6%
HLMA
UK£38.74
Halma
7D
-16.5%
1Y
24.1%
REL
UK£24.45
RELX
7D
-4.0%
1Y
-37.3%
LLOY
UK£1.06
Lloyds Banking Group
7D
8.5%
1Y
37.7%
Narrative Update • Jun 11

LLOY: Motor Finance Uncertainty And Buybacks Will Still Limit Future Upside

Analysts have adjusted their price target for Lloyds Banking Group slightly, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. Investors should note that the move in the target, while modest in £ terms, is supported by these refreshed inputs.
STAN
UK£20.37
Standard Chartered
7D
13.7%
1Y
75.2%
ULVR
UK£43.63
Unilever
7D
-0.9%
1Y
-16.0%
Narrative Update • Jun 06

ULVR: Planned Foods Combination And Innovation Hub Will Support Further Upside

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ANTO
UK£42.61
Antofagasta
7D
11.8%
1Y
142.2%
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BA.
UK£18.65
BAE Systems
7D
-3.9%
1Y
-3.5%
Narrative Update • Jun 03

BA.: Expanding Space And Missile Defense Exposure Should Support Earnings Repricing

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AAL
UK£41.32
Anglo American
7D
11.3%
1Y
97.7%
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TSCO
UK£4.57
Tesco
7D
-2.7%
1Y
13.9%
Narrative Update • Jun 01

TSCO: Ecosystem Advantage And £750m Buyback Will Drive Future Upside

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