Bangladeshi (DSE) Steel Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies10
- 7D0.03%
- 3M-0.6%
- 1Y-4.5%
- YTD-0.2%
The Steel is pretty flat in the last 7 days, but Oimex Electrode has stood out, gaining 7.9%. Unfortunately though, the industry is down 4.5% over the past 12 months.
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 |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | ৳95.0b | ৳263.8b | ৳1.2b | 43.5x | 80.8x | 0.4x |
| Thu, 24 Aug 2023 | ৳94.9b | ৳256.6b | ৳1.9b | 43.3x | 49.3x | 0.4x |
| Sat, 22 Jul 2023 | ৳95.3b | ৳256.6b | ৳1.9b | 43.3x | 49.5x | 0.4x |
| Mon, 19 Jun 2023 | ৳95.6b | ৳256.6b | ৳1.9b | 43.1x | 49.7x | 0.4x |
| Wed, 17 May 2023 | ৳95.1b | ৳256.6b | ৳1.9b | 44.7x | 50x | 0.4x |
| Fri, 14 Apr 2023 | ৳94.4b | ৳233.9b | ৳1.5b | 41.6x | 64.6x | 0.4x |
| Sun, 12 Mar 2023 | ৳94.5b | ৳233.9b | ৳1.5b | 41.3x | 64.4x | 0.4x |
| Tue, 07 Feb 2023 | ৳94.6b | ৳229.4b | ৳2.0b | 43.2x | 46.7x | 0.4x |
| Thu, 05 Jan 2023 | ৳93.7b | ৳220.2b | ৳3.1b | 48.7x | 30.3x | 0.4x |
| Sat, 03 Dec 2022 | ৳93.7b | ৳208.9b | ৳8.3b | 13.1x | 11.2x | 0.4x |
| Mon, 31 Oct 2022 | ৳97.8b | ৳199.7b | ৳11.9b | 10x | 8.2x | 0.5x |
| Wed, 28 Sep 2022 | ৳98.7b | ৳199.7b | ৳11.9b | 10.4x | 8.3x | 0.5x |
| Fri, 26 Aug 2022 | ৳99.4b | ৳199.7b | ৳11.9b | 10.6x | 8.4x | 0.5x |
| Sun, 24 Jul 2022 | ৳96.1b | ৳199.7b | ৳11.9b | 10.2x | 8.1x | 0.5x |
| Tue, 21 Jun 2022 | ৳99.9b | ৳194.6b | ৳12.4b | 11.1x | 8.1x | 0.5x |
| Thu, 19 May 2022 | ৳101.2b | ৳193.9b | ৳13.0b | 11x | 7.8x | 0.5x |
| Sat, 16 Apr 2022 | ৳107.7b | ৳181.5b | ৳13.1b | 12.1x | 8.2x | 0.6x |
| Mon, 14 Mar 2022 | ৳104.3b | ৳181.5b | ৳13.1b | 12.4x | 8x | 0.6x |
| Wed, 09 Feb 2022 | ৳110.1b | ৳181.8b | ৳12.5b | 12.9x | 8.8x | 0.6x |
| Fri, 07 Jan 2022 | ৳107.5b | ৳171.9b | ৳12.1b | n/a | 8.9x | 0.6x |
| Sun, 05 Dec 2021 | ৳108.4b | ৳171.5b | ৳12.1b | 13.3x | 9x | 0.6x |
| Tue, 02 Nov 2021 | ৳103.8b | ৳149.2b | ৳9.7b | 25.2x | 10.7x | 0.7x |
| Thu, 30 Sep 2021 | ৳107.3b | ৳130.8b | ৳7.1b | 22.1x | 15.1x | 0.8x |
| Sat, 28 Aug 2021 | ৳94.9b | ৳133.0b | ৳7.0b | 18.7x | 13.6x | 0.7x |
| Sun, 04 Jul 2021 | ৳76.5b | ৳133.0b | ৳7.0b | 13.1x | 10.9x | 0.6x |
| Wed, 07 Apr 2021 | ৳57.9b | ৳133.0b | ৳7.0b | 10.2x | 8.3x | 0.4x |
| Sat, 09 Jan 2021 | ৳59.4b | ৳121.9b | ৳3.9b | 26.3x | 15x | 0.5x |
| Fri, 02 Oct 2020 | ৳56.0b | ৳111.6b | ৳2.8b | 31.5x | 20x | 0.5x |
Price to Earnings Ratio
20x
Current Industry PE
- Investors are optimistic on the Bangladeshi Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 80.8x which is higher than its 3-year average PE of 21.9x.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 25% per year over the last three years.
- Meanwhile revenues for these companies have grown 33% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Bangladeshi Steel compare with similar industries?
| BD Market | -0.33% | |
| Materials | -0.90% | |
| Metals and Mining | 0.055% | |
| Steel | 0.03% | |
| Aluminum | 1.56% | |
| Copper | 0% | |
| Diversified Metals and Mining | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
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 | |
|---|---|---|---|---|---|
| OIMEX Oimex Electrode | ৳20.00 | 7.0% +৳87.2m | 6.4% | PS105.6x | |
| RSRMSTEEL Ratanpur Steel Re-Rolling Mills | ৳17.00 | 1.2% +৳20.2m | -23.1% | n/a |