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
Tue, 04 Aug 2026	৳88.7b	৳309.3b	৳11.8b	24.2x	7.5x	0.3x
Thu, 02 Jul 2026	৳83.8b	৳309.3b	৳11.8b	24.2x	7.1x	0.3x
Sat, 30 May 2026	৳71.9b	৳312.8b	৳11.9b	13.5x	6x	0.2x
Mon, 27 Apr 2026	৳70.0b	৳307.5b	৳10.9b	11.6x	6.4x	0.2x
Wed, 25 Mar 2026	৳70.0b	৳304.0b	৳10.8b	21.8x	6.5x	0.2x
Fri, 20 Feb 2026	৳70.7b	৳304.0b	৳10.8b	22.2x	6.5x	0.2x
Sun, 18 Jan 2026	৳66.0b	৳299.2b	৳11.1b	21.1x	6x	0.2x
Tue, 16 Dec 2025	৳64.4b	৳300.9b	৳11.1b	21.5x	5.8x	0.2x
Thu, 13 Nov 2025	৳62.4b	৳285.1b	৳11.8b	16.7x	5.3x	0.2x
Sat, 11 Oct 2025	৳70.2b	৳267.6b	৳10.2b	23.7x	6.9x	0.3x
Mon, 08 Sep 2025	৳73.6b	৳267.6b	৳10.2b	27.3x	7.2x	0.3x
Wed, 06 Aug 2025	৳72.8b	৳267.6b	৳10.2b	25.5x	7.1x	0.3x
Fri, 04 Jul 2025	৳62.8b	৳267.4b	৳10.2b	24.8x	6.1x	0.2x
Sun, 01 Jun 2025	৳57.5b	৳267.4b	৳10.2b	23.3x	5.6x	0.2x
Tue, 29 Apr 2025	৳60.6b	৳255.2b	৳9.6b	21.4x	6.3x	0.2x
Thu, 27 Mar 2025	৳62.7b	৳255.2b	৳9.6b	23.5x	6.5x	0.2x
Sat, 22 Feb 2025	৳64.0b	৳254.7b	৳9.6b	23.5x	6.7x	0.3x
Mon, 20 Jan 2025	৳64.9b	৳249.2b	৳10.2b	34.9x	6.4x	0.3x
Wed, 18 Dec 2024	৳65.0b	৳244.9b	৳10.2b	37.3x	6.4x	0.3x
Fri, 15 Nov 2024	৳67.3b	৳246.2b	৳10.4b	26.3x	6.5x	0.3x
Sun, 13 Oct 2024	৳68.1b	৳259.8b	৳11.7b	39.3x	5.8x	0.3x
Tue, 10 Sep 2024	৳78.2b	৳259.8b	৳11.7b	41.8x	6.7x	0.3x
Thu, 08 Aug 2024	৳79.0b	৳259.8b	৳11.7b	42.7x	6.7x	0.3x
Sat, 06 Jul 2024	৳77.5b	৳259.8b	৳11.7b	39.1x	6.6x	0.3x
Mon, 03 Jun 2024	৳74.8b	৳259.8b	৳11.7b	35x	6.4x	0.3x
Wed, 01 May 2024	৳78.1b	৳278.9b	৳11.7b	39.1x	6.7x	0.3x
Fri, 29 Mar 2024	৳81.5b	৳278.9b	৳11.7b	39.5x	6.9x	0.3x
Sun, 25 Feb 2024	৳85.1b	৳278.3b	৳11.7b	42.8x	7.3x	0.3x
Tue, 23 Jan 2024	৳89.4b	৳277.3b	৳10.0b	43.4x	8.9x	0.3x
Thu, 21 Dec 2023	৳95.6b	৳275.9b	৳10.0b	41.1x	9.6x	0.3x
Sat, 18 Nov 2023	৳95.2b	৳275.0b	৳8.7b	42.7x	11x	0.3x
Mon, 16 Oct 2023	৳95.2b	৳263.8b	৳1.2b	43.5x	81x	0.4x
Wed, 13 Sep 2023	৳95.2b	৳263.8b	৳1.2b	43.5x	80.9x	0.4x
Fri, 11 Aug 2023	৳95.1b	৳256.6b	৳1.9b	43.3x	49.4x	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 7.5x which is lower than its 3-year average PE of 11.2x.

The industry is trading close to its 3-year average PS ratio of 0.27x.

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	1.75%
Materials	3.21%
Metals and Mining	4.12%
Steel	4.04%
Copper	11.65%
Aluminum	1.57%

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	৳98.80	3.9% +৳1.4b	44.9%	PE6.1x
GPHISPAT GPH Ispat	৳19.40	1.0% +৳96.8m	-3.0%	PS0.2x
BSRMLTD Bangladesh Steel Re-Rolling Mills	৳103.30	0.3% +৳89.6m	11.2%	PE4.7x
APOLOISPAT Appollo Ispat Complex	৳3.30	3.1% +৳40.1m	0%	n/a
SSSTEEL S. S. Steel	৳7.30	1.4% +৳32.9m	25.9%	PE390.4x

Company

Last Price

Valuation

BSRMSTEEL BSRM Steels

৳98.80

3.9%
+৳1.4b

44.9%

PE6.1x

GPHISPAT GPH Ispat

৳19.40

1.0%
+৳96.8m

-3.0%

PS0.2x

BSRMLTD Bangladesh Steel Re-Rolling Mills

৳103.30

0.3%
+৳89.6m

11.2%

PE4.7x

APOLOISPAT Appollo Ispat Complex

৳3.30

3.1%
+৳40.1m

n/a

SSSTEEL S. S. Steel

৳7.30

1.4%
+৳32.9m

25.9%

PE390.4x

New major risk - Financial data availability

The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2025. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (0.03% net profit margin). Market cap is less than US$100m (৳2.33b market cap, or US$18.9m).

Bangladeshi (DSE) Steel Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New major risk - Financial data availability

New major risk - Market cap size

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