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Brazilian (BOVESPA) Steel Industry Analysis

UpdatedAug 25, 2026
DataAggregated Company Financials
Companies10
  • 7D5.2%
  • 3M-6.4%
  • 1Y34.3%
  • YTDn/a

In the last week, the Steel industry is up 3.0%, with all of the companies up. In the last 12 months, the industry was up 33%. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 25 Aug 2026R$440.9bR$449.1bR$11.6b13.1x37.9x1x
Thu, 23 Jul 2026R$438.3bR$445.6bR$16.5b14.4x26.6x1x
Sat, 20 Jun 2026R$450.6bR$445.6bR$16.5b13.3x27.3x1x
Mon, 18 May 2026R$470.6bR$446.2bR$15.8b15.5x29.8x1.1x
Wed, 15 Apr 2026R$489.1bR$447.5bR$13.2b17.5x37.2x1.1x
Fri, 13 Mar 2026R$439.3bR$448.2bR$15.0b18.3x29.2x1x
Sun, 08 Feb 2026R$485.9bR$447.9bR$33.4b12.8x14.6x1.1x
Tue, 06 Jan 2026R$423.5bR$447.9bR$33.4b11.4x12.7x0.9x
Thu, 04 Dec 2025R$399.2bR$447.3bR$33.4b11x11.9x0.9x
Sat, 01 Nov 2025R$374.9bR$441.9bR$30.2b9.8x12.4x0.8x
Mon, 29 Sep 2025R$334.9bR$441.5bR$34.2b9.3x9.8x0.8x
Wed, 27 Aug 2025R$325.0bR$441.5bR$34.2b9.3x9.5x0.7x
Fri, 25 Jul 2025R$334.3bR$441.5bR$36.7b7.8x9.1x0.8x
Sun, 22 Jun 2025R$300.6bR$441.5bR$36.7b7.5x8.2x0.7x
Tue, 20 May 2025R$330.0bR$441.5bR$36.7b8.1x9x0.7x
Thu, 17 Apr 2025R$323.2bR$431.3bR$41.2b6.7x7.8x0.7x
Sat, 15 Mar 2025R$348.6bR$431.9bR$42.2b7.5x8.3x0.8x
Mon, 10 Feb 2025R$335.7bR$433.0bR$58.6b7x5.7x0.8x
Wed, 08 Jan 2025R$326.0bR$433.0bR$58.6b6.8x5.6x0.8x
Fri, 06 Dec 2024R$360.5bR$433.0bR$58.6b7.5x6.2x0.8x
Sun, 03 Nov 2024R$382.0bR$433.1bR$62.1b6.7x6.2x0.9x
Tue, 01 Oct 2024R$395.7bR$432.0bR$62.2b7.2x6.4x0.9x
Thu, 29 Aug 2024R$371.0bR$432.0bR$62.2b6.4x6x0.9x
Sat, 27 Jul 2024R$373.1bR$437.5bR$65.3b6.1x5.7x0.9x
Mon, 24 Jun 2024R$372.2bR$430.0bR$53.6b6.3x6.9x0.9x
Wed, 22 May 2024R$394.5bR$431.8bR$52.2b7.3x7.6x0.9x
Fri, 19 Apr 2024R$389.3bR$442.9bR$57.0b6.1x6.8x0.9x
Sun, 17 Mar 2024R$376.4bR$442.9bR$57.2b6.8x6.6x0.8x
Tue, 13 Feb 2024R$413.6bR$445.4bR$64.7b6.5x6.4x0.9x
Thu, 11 Jan 2024R$454.9bR$446.4bR$63.2b6.3x7.2x1x
Sat, 09 Dec 2023R$446.4bR$448.0bR$63.6b5.9x7x1x
Mon, 06 Nov 2023R$427.3bR$452.8bR$65.6b5.8x6.5x0.9x
Wed, 04 Oct 2023R$407.2bR$454.3bR$75.3b5.5x5.4x0.9x
Fri, 01 Sep 2023R$401.6bR$458.7bR$76.5b5.5x5.2x0.9x
Price to Earnings Ratio

5.2x


Total Market Cap: R$401.6bTotal Earnings: R$76.5bTotal Revenue: R$458.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Steel Industry Price to Earnings3Y Average 11.8x202420252026
Current Industry PE
  • Investors are optimistic on the Brazilian Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 37.0x which is higher than its 3-year average PE of 11.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.88x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 47% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Brazilian Steel compare with similar industries?

BR Market2.58%
Materials5.83%
Metals and Mining5.12%
Steel5.21%
Copper0%0
Aluminum-0.09%
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?

CompanyLast Price7D1YValuation
VALE3 ValeR$77.137.8%
+R$23.7b		39.2%PE31.7x
CMIN3 CSN MineraçãoR$5.973.3%
+R$1.0b		18.5%PE13.8x
CSNA3 Companhia Siderúrgica NacionalR$5.1613.7%
+R$822.2m		-28.8%PS0.2x
BRAP3 BradesparR$18.454.2%
+R$294.8m		23.8%PE12.4x

Latest News

VALE3
R$77.13
Vale
7D
7.8%
1Y
39.2%
Narrative Update • Aug 18

VALE3: Copper And Base Metals Expansion Will Drive Future Upside

Analysts have lifted the fair value estimate for Vale to R$111.05 from R$106.92. This reflects updated models that incorporate mixed but generally higher recent Street price targets, a shift to a lower assumed future P/E multiple, and revised assumptions for revenue growth, profit margins, and risk.
CSNA3
R$5.16
Companhia Siderúrgica Nacional
7D
13.7%
1Y
-28.8%
CMIN3
R$5.97
CSN Mineração
7D
3.3%
1Y
18.5%
Analysis Article • Aug 16

CSN Mineração S.A. (BVMF:CMIN3) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

The quarterly results for CSN Mineração S.A. ( BVMF:CMIN3 ) were released last week, making it a good time to revisit...
BRAP3
R$18.45
Bradespar
7D
4.2%
1Y
23.8%