Dutch (AEX) HR Services Industry Analysis

UpdatedMar 18, 2026

DataAggregated Company Financials

Companies3

7D-3.4%
3M-21.0%
1Y-41.7%
YTDn/a

Over the last 7 days, the HR Services industry has dropped 1.3%, driven by pullbacks from every company within the industry. However, the industry is down 39% over the past year. 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
Wed, 18 Mar 2026	€4.8b	€24.3b	€294.1m	60.5x	16.3x	0.2x
Fri, 13 Feb 2026	€5.2b	€24.4b	€306.2m	19.5x	16.9x	0.2x
Sun, 11 Jan 2026	€6.0b	€24.6b	€67.2m	66.7x	89.9x	0.2x
Tue, 09 Dec 2025	€6.0b	€24.7b	€73.1m	25.5x	82.1x	0.2x
Thu, 06 Nov 2025	€6.3b	€24.7b	€73.1m	25.2x	86.6x	0.3x
Sat, 04 Oct 2025	€7.0b	€24.9b	€96.1m	27.2x	72.5x	0.3x
Mon, 01 Sep 2025	€7.6b	€24.9b	€96.1m	28.7x	78.7x	0.3x
Wed, 30 Jul 2025	€8.0b	€25.0b	€110.7m	15.5x	72x	0.3x
Fri, 27 Jun 2025	€7.2b	€25.3b	€141.7m	15.3x	51x	0.3x
Sun, 25 May 2025	€6.9b	€25.3b	€141.7m	14.8x	48.6x	0.3x
Tue, 22 Apr 2025	€6.3b	€25.6b	€150.7m	14.9x	41.5x	0.2x
Thu, 20 Mar 2025	€8.0b	€25.6b	€150.7m	18x	53.4x	0.3x
Sat, 15 Feb 2025	€7.2b	€25.6b	€151.5m	15.8x	47.3x	0.3x
Mon, 13 Jan 2025	€7.3b	€25.7b	€463.5m	15.5x	15.7x	0.3x
Wed, 11 Dec 2024	€8.0b	€25.7b	€463.5m	14.8x	17.3x	0.3x
Fri, 08 Nov 2024	€8.1b	€25.7b	€463.5m	14.7x	17.5x	0.3x
Sun, 06 Oct 2024	€8.3b	€25.9b	€527.5m	14.5x	15.7x	0.3x
Tue, 03 Sep 2024	€8.1b	€25.9b	€527.0m	15.5x	15.4x	0.3x
Thu, 01 Aug 2024	€8.5b	€25.9b	€528.0m	16.1x	16x	0.3x
Sat, 29 Jun 2024	€8.0b	€26.3b	€587.0m	13.6x	13.7x	0.3x
Mon, 27 May 2024	€9.4b	€26.3b	€587.0m	16.1x	16.1x	0.4x
Wed, 24 Apr 2024	€8.6b	€26.8b	€651.2m	13x	13.1x	0.3x
Fri, 22 Mar 2024	€9.8b	€26.8b	€651.2m	15.1x	15.1x	0.4x
Sun, 18 Feb 2024	€9.7b	€26.7b	€658.6m	13.8x	14.7x	0.4x
Tue, 16 Jan 2024	€9.9b	€27.6b	€789.6m	12.5x	12.5x	0.4x
Thu, 14 Dec 2023	€10.7b	€27.6b	€789.6m	13.5x	13.5x	0.4x
Sat, 11 Nov 2023	€9.9b	€27.6b	€789.6m	12.5x	12.6x	0.4x
Mon, 09 Oct 2023	€9.9b	€28.3b	€848.3m	11.4x	11.6x	0.3x
Wed, 06 Sep 2023	€10.4b	€28.3b	€848.3m	12.1x	12.3x	0.4x
Fri, 04 Aug 2023	€10.3b	€28.3b	€848.3m	11.9x	12.1x	0.4x
Sun, 02 Jul 2023	€9.5b	€28.7b	€897.6m	10.2x	10.5x	0.3x
Tue, 30 May 2023	€9.2b	€28.7b	€897.6m	10x	10.3x	0.3x
Thu, 27 Apr 2023	€9.5b	€28.6b	€895.9m	21.6x	10.6x	0.3x
Sat, 25 Mar 2023	€10.9b	€28.7b	€950.9m	21x	11.5x	0.4x

Price to Earnings Ratio

11.5x

Sat, 25 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.