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U.K. (FTSE) Steel Industry Analysis
UpdatedMar 12, 2026
DataAggregated Company Financials
Companies8
- 7D-2.4%
- 3M1.8%
- 1Y20.4%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably Strategic Minerals gained 24%. The past year has been better, since the industry has gained 28% in that time. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the U.K. Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 12 Mar 2026 | UK£2.7b | UK£1.7b | -UK£164,410,920.88 | 22.7x | -16.3x | 1.6x |
| Sat, 07 Feb 2026 | UK£2.9b | UK£1.7b | -UK£160,993,942.80 | 23.1x | -17.8x | 1.7x |
| Mon, 05 Jan 2026 | UK£2.6b | UK£1.7b | -UK£163,699,330.16 | 24.8x | -16.2x | 1.6x |
| Wed, 03 Dec 2025 | UK£2.7b | UK£1.7b | -UK£168,871,789.12 | 25.2x | -16.2x | 1.6x |
| Fri, 31 Oct 2025 | UK£2.5b | UK£1.7b | -UK£170,273,945.44 | 25.8x | -14.7x | 1.5x |
| Sun, 28 Sep 2025 | UK£2.3b | UK£1.7b | -UK£163,097,457.52 | 20x | -14.3x | 1.4x |
| Tue, 26 Aug 2025 | UK£2.5b | UK£1.7b | -UK£145,882,728.80 | 21.7x | -16.9x | 1.4x |
| Thu, 24 Jul 2025 | UK£2.3b | UK£1.8b | UK£35.8m | 20.9x | 62.9x | 1.3x |
| Sat, 21 Jun 2025 | UK£2.0b | UK£1.8b | UK£34.5m | 17.5x | 57.1x | 1.1x |
| Mon, 19 May 2025 | UK£2.3b | UK£1.8b | UK£34.4m | 14.8x | 66.1x | 1.3x |
| Wed, 16 Apr 2025 | UK£2.0b | UK£1.8b | UK£34.2m | 13.6x | 58.1x | 1.1x |
| Fri, 14 Mar 2025 | UK£2.3b | UK£1.8b | UK£50.6m | 9.9x | 44.8x | 1.3x |
| Sun, 09 Feb 2025 | UK£2.5b | UK£1.8b | UK£49.4m | 10.1x | 50.1x | 1.4x |
| Tue, 07 Jan 2025 | UK£2.5b | UK£1.8b | UK£49.7m | 10.1x | 49.9x | 1.4x |
| Thu, 05 Dec 2024 | UK£2.7b | UK£1.8b | UK£50.3m | 10.4x | 52.9x | 1.5x |
| Sat, 02 Nov 2024 | UK£2.4b | UK£1.8b | UK£55.5m | 10.3x | 42.5x | 1.3x |
| Mon, 30 Sep 2024 | UK£2.3b | UK£1.8b | UK£57.3m | 12.1x | 40.2x | 1.3x |
| Wed, 28 Aug 2024 | UK£2.3b | UK£1.8b | UK£42.3m | 22.1x | 54.9x | 1.3x |
| Fri, 26 Jul 2024 | UK£2.5b | UK£1.6b | UK£10.5m | 25.6x | 238.2x | 1.6x |
| Sun, 23 Jun 2024 | UK£2.2b | UK£1.7b | -UK£2,872,954.87 | 16.2x | -771.4x | 1.3x |
| Tue, 21 May 2024 | UK£2.3b | UK£1.7b | UK£3.5m | 17.3x | 667.8x | 1.4x |
| Thu, 18 Apr 2024 | UK£2.2b | UK£1.7b | UK£202.4m | 10.1x | 10.9x | 1.3x |
| Sat, 16 Mar 2024 | UK£2.2b | UK£1.7b | UK£193.4m | 8.3x | 11.5x | 1.3x |
| Mon, 12 Feb 2024 | UK£2.5b | UK£1.7b | UK£190.2m | 8.3x | 13x | 1.5x |
| Wed, 10 Jan 2024 | UK£7.7b | UK£29.1b | UK£8.1b | 6x | 0.9x | 0.3x |
| Fri, 08 Dec 2023 | UK£7.6b | UK£29.1b | UK£8.1b | 5x | 0.9x | 0.3x |
| Sun, 05 Nov 2023 | UK£7.6b | UK£29.0b | UK£8.1b | 4.8x | 0.9x | 0.3x |
| Tue, 03 Oct 2023 | UK£7.6b | UK£29.1b | UK£8.1b | 5.5x | 0.9x | 0.3x |
| Thu, 31 Aug 2023 | UK£7.7b | UK£29.0b | UK£8.2b | 3.8x | 0.9x | 0.3x |
| Sat, 29 Jul 2023 | UK£7.7b | UK£29.4b | UK£8.2b | 4.5x | 0.9x | 0.3x |
| Mon, 26 Jun 2023 | UK£7.6b | UK£29.5b | UK£8.2b | 4.5x | 0.9x | 0.3x |
| Wed, 24 May 2023 | UK£7.6b | UK£29.5b | UK£8.2b | 4.3x | 0.9x | 0.3x |
| Fri, 21 Apr 2023 | UK£7.7b | UK£29.5b | UK£8.2b | 4.8x | 0.9x | 0.3x |
| Sun, 19 Mar 2023 | UK£7.6b | UK£29.6b | UK£8.2b | 4.6x | 0.9x | 0.3x |
Price to Earnings Ratio
0.9x
Current Industry PE
- Investors are optimistic on the British Steel industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 62% per year, which is driving profits down.
Industry Comparison
How does U.K. Steel compare with similar industries?
| GB Market | -2.07% | |
| Materials | -4.59% | |
| Metals and Mining | -4.67% | |
| Steel | -2.38% | |
| Aluminum | 0% | 0 |
| Silver | 0% | 0 |
| Diversified Metals and Mining | -4.27% | |
| Precious Metals and Minerals | -4.35% | |
| Copper | -5.39% | |
| Gold | -10.93% | |
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 | |
|---|---|---|---|---|---|
| SML Strategic Minerals | UK£0.036 | 5.9% +UK£5.4m | 1,209.1% | PE138x | |
| ZIOC Zanaga Iron Ore | UK£0.061 | 2.7% +UK£1.3m | -22.4% | PB0.8x |