Dutch (AEX) HR Services Industry Analysis

UpdatedMar 20, 2026

DataAggregated Company Financials

Companies3

7D-8.2%
3M-23.4%
1Y-42.1%
YTDn/a

Over the last 7 days, the HR Services industry has dropped 5.0%, driven by declines from every company within the industry. Overall the industry is down 41% in 12 months. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the Dutch HR Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 20 Mar 2026	€4.6b	€24.3b	€294.1m	58.4x	15.5x	0.2x
Sun, 15 Feb 2026	€5.2b	€24.4b	€306.2m	19.6x	17x	0.2x
Tue, 13 Jan 2026	€5.9b	€24.6b	€67.2m	65.2x	87.8x	0.2x
Thu, 11 Dec 2025	€5.9b	€24.7b	€73.1m	24.9x	80.7x	0.2x
Sat, 08 Nov 2025	€6.3b	€24.7b	€73.1m	26.1x	86x	0.3x
Mon, 06 Oct 2025	€7.0b	€24.9b	€96.1m	27.2x	72.5x	0.3x
Wed, 03 Sep 2025	€7.2b	€24.9b	€96.1m	27.6x	74.9x	0.3x
Fri, 01 Aug 2025	€7.8b	€25.0b	€110.7m	15.5x	70.7x	0.3x
Sun, 29 Jun 2025	€7.4b	€25.3b	€141.7m	15.6x	52.1x	0.3x
Tue, 27 May 2025	€7.0b	€25.3b	€141.7m	15x	49.2x	0.3x
Thu, 24 Apr 2025	€6.8b	€25.3b	€141.7m	15.4x	47.7x	0.3x
Sat, 22 Mar 2025	€7.6b	€25.6b	€150.7m	17.6x	50.7x	0.3x
Mon, 17 Feb 2025	€7.2b	€25.6b	€151.5m	15.8x	47.3x	0.3x
Wed, 15 Jan 2025	€7.3b	€25.7b	€463.5m	15.2x	15.7x	0.3x
Fri, 13 Dec 2024	€7.8b	€25.7b	€463.5m	14.5x	16.9x	0.3x
Sun, 10 Nov 2024	€7.8b	€25.7b	€463.5m	14.4x	16.9x	0.3x
Tue, 08 Oct 2024	€8.3b	€25.9b	€527.5m	14.6x	15.8x	0.3x
Thu, 05 Sep 2024	€8.0b	€25.9b	€527.0m	14.6x	15.2x	0.3x
Sat, 03 Aug 2024	€7.9b	€25.9b	€528.0m	14.7x	14.9x	0.3x
Mon, 01 Jul 2024	€8.0b	€26.3b	€587.0m	13.6x	13.7x	0.3x
Wed, 29 May 2024	€9.4b	€26.3b	€587.0m	16x	16x	0.4x
Fri, 26 Apr 2024	€8.6b	€26.2b	€585.2m	14.7x	14.8x	0.3x
Sun, 24 Mar 2024	€9.7b	€26.8b	€651.2m	14.8x	14.9x	0.4x
Tue, 20 Feb 2024	€9.7b	€26.7b	€658.6m	13.9x	14.7x	0.4x
Thu, 18 Jan 2024	€9.8b	€27.6b	€789.6m	12.4x	12.4x	0.4x
Sat, 16 Dec 2023	€10.9b	€27.6b	€789.6m	13.8x	13.8x	0.4x
Mon, 13 Nov 2023	€9.9b	€27.6b	€789.6m	12.5x	12.6x	0.4x
Wed, 11 Oct 2023	€10.1b	€28.3b	€848.3m	11.6x	11.8x	0.4x
Fri, 08 Sep 2023	€10.2b	€28.3b	€848.3m	11.9x	12.1x	0.4x
Sun, 06 Aug 2023	€10.3b	€28.3b	€848.3m	12x	12.2x	0.4x
Tue, 04 Jul 2023	€9.5b	€28.7b	€897.6m	10.3x	10.6x	0.3x
Thu, 01 Jun 2023	€9.0b	€28.7b	€897.6m	9.7x	10x	0.3x
Sat, 29 Apr 2023	€9.6b	€28.6b	€895.9m	21x	10.8x	0.3x
Mon, 27 Mar 2023	€10.9b	€28.7b	€950.9m	21x	11.5x	0.4x

Price to Earnings Ratio

11.5x

Mon, 27 Mar 2023

Current Industry PE

There are only 3 companies in the Dutch Human Resource and Employment Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Human Resource and Employment Services industry have declined 32% per year over the last three years,
Revenues have also declined 5.5% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.