Bangladeshi (DSE) Steel Industry Analysis

Industry Valuation and Performance

Has the Bangladeshi Steel Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 22 Jun 2026	৳77.0b	৳309.3b	৳11.8b	22.4x	6.5x	0.2x
Wed, 20 May 2026	৳69.7b	৳319.4b	৳12.0b	12.2x	5.8x	0.2x
Fri, 17 Apr 2026	৳69.7b	৳307.5b	৳10.9b	11.6x	6.4x	0.2x
Sun, 15 Mar 2026	৳70.0b	৳304.0b	৳10.8b	21.6x	6.5x	0.2x
Tue, 10 Feb 2026	৳69.4b	৳310.1b	৳11.0b	22.2x	6.3x	0.2x
Thu, 08 Jan 2026	৳65.1b	৳299.2b	৳11.1b	21.6x	5.9x	0.2x
Sat, 06 Dec 2025	৳64.5b	৳300.7b	৳11.9b	17.9x	5.4x	0.2x
Mon, 03 Nov 2025	৳70.0b	৳278.2b	৳10.9b	21.1x	6.4x	0.3x
Wed, 01 Oct 2025	৳70.4b	৳267.6b	৳10.2b	25.4x	6.9x	0.3x
Fri, 29 Aug 2025	৳72.1b	৳267.6b	৳10.2b	26.1x	7.1x	0.3x
Sun, 27 Jul 2025	৳68.1b	৳267.6b	৳10.2b	25.6x	6.7x	0.3x
Tue, 24 Jun 2025	৳57.5b	৳267.4b	৳10.2b	22.7x	5.6x	0.2x
Thu, 22 May 2025	৳58.6b	৳267.4b	৳10.2b	25.4x	5.7x	0.2x
Sat, 19 Apr 2025	৳61.6b	৳255.2b	৳9.6b	22.6x	6.4x	0.2x
Mon, 17 Mar 2025	৳62.2b	৳255.2b	৳9.6b	23.1x	6.5x	0.2x
Wed, 12 Feb 2025	৳64.9b	৳254.7b	৳9.6b	22.7x	6.8x	0.3x
Fri, 10 Jan 2025	৳62.1b	৳249.2b	৳10.2b	35.5x	6.1x	0.2x
Sun, 08 Dec 2024	৳64.1b	৳244.9b	৳10.2b	36.4x	6.3x	0.3x
Tue, 05 Nov 2024	৳64.3b	৳258.9b	৳11.0b	38.1x	5.9x	0.2x
Thu, 03 Oct 2024	৳69.3b	৳259.8b	৳11.7b	40.3x	5.9x	0.3x
Sat, 31 Aug 2024	৳80.5b	৳259.8b	৳11.7b	43.8x	6.9x	0.3x
Mon, 29 Jul 2024	৳74.3b	৳259.8b	৳11.7b	45x	6.3x	0.3x
Wed, 26 Jun 2024	৳74.5b	৳259.8b	৳11.7b	35.9x	6.4x	0.3x
Fri, 24 May 2024	৳75.0b	৳259.8b	৳11.7b	37.2x	6.4x	0.3x
Sun, 21 Apr 2024	৳79.9b	৳278.9b	৳11.7b	39.2x	6.8x	0.3x
Tue, 19 Mar 2024	৳82.7b	৳278.9b	৳11.7b	41x	7x	0.3x
Thu, 15 Feb 2024	৳86.6b	৳278.3b	৳11.7b	42.3x	7.4x	0.3x
Sat, 13 Jan 2024	৳95.5b	৳277.3b	৳10.0b	41.5x	9.5x	0.3x
Mon, 11 Dec 2023	৳94.5b	৳275.9b	৳10.0b	41.7x	9.5x	0.3x
Wed, 08 Nov 2023	৳95.3b	৳277.4b	৳5.5b	43.8x	17.2x	0.3x
Fri, 06 Oct 2023	৳95.1b	৳263.8b	৳1.2b	43.7x	80.9x	0.4x
Sun, 03 Sep 2023	৳95.0b	৳257.4b	৳1.8b	43.3x	52.1x	0.4x
Tue, 01 Aug 2023	৳95.1b	৳256.6b	৳1.9b	43.3x	49.4x	0.4x
Thu, 29 Jun 2023	৳95.5b	৳256.6b	৳1.9b	43.3x	49.6x	0.4x

Current Industry PE

Investors are pessimistic on the Bangladeshi Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 6.6x which is lower than its 3-year average PE of 12.8x.

The industry is trading close to its 3-year average PS ratio of 0.28x.

Past Earnings Growth

The earnings for companies in the Steel industry have grown 83% per year over the last three years.
Revenues for these companies have grown 6.4% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Bangladeshi Steel compare with similar industries?


BD Market	-0.19%
Materials	0.36%
Metals and Mining	2.12%
Steel	1.89%
Aluminum	16.48%
Copper	-6.55%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
BSRMSTEEL BSRM Steels	৳79.60	3.2% +৳939.9m	55.5%	PE4.9x
BSRMLTD Bangladesh Steel Re-Rolling Mills	৳93.40	2.6% +৳716.6m	29.4%	PE4.3x
SSSTEEL S. S. Steel	৳6.50	10.2% +৳197.2m	30.0%	PE347.6x
APOLOISPAT Appollo Ispat Complex	৳3.50	2.9% +৳40.1m	9.4%	n/a

Company

Last Price

Valuation

BSRMSTEEL BSRM Steels

৳79.60

3.2%
+৳939.9m

55.5%

PE4.9x

BSRMLTD Bangladesh Steel Re-Rolling Mills

৳93.40

2.6%
+৳716.6m

29.4%

PE4.3x

SSSTEEL S. S. Steel

৳6.50

10.2%
+৳197.2m

30.0%

PE347.6x

APOLOISPAT Appollo Ispat Complex

৳3.50

2.9%
+৳40.1m

9.4%

n/a

New minor risk - Share price stability

The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (৳3.59b market cap, or US$29.3m).

Bangladeshi (DSE) Steel Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Now 22% overvalued after recent price rise

Third quarter 2026 earnings released

New minor risk - Share price stability

Third quarter 2026 earnings released: ৳0.31 loss per share (vs ৳0.022 loss in 3Q 2025)

Less than half of directors are independent

No independent directors

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent