Narrative Update • Aug 24
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South Korean (KOSPI) Steel Industry Analysis
UpdatedAug 28, 2026
DataAggregated Company Financials
Companies69
- 7D5.5%
- 3M-18.1%
- 1Y9.3%
- YTDn/a
Over the last 7 days, the Steel industry has risen 5.5%, driven by gains from POSCO Holdings of 5.6%. In the last 12 months, the industry was up 9.3%. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the South Korean Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 28 Aug 2026 | ₩40.6t | ₩158.7t | ₩1.9t | 11.6x | 21.5x | 0.3x |
| Sun, 26 Jul 2026 | ₩37.1t | ₩155.1t | ₩1.3t | 13.6x | 29.4x | 0.2x |
| Tue, 23 Jun 2026 | ₩40.9t | ₩155.1t | ₩1.3t | 14.5x | 32.4x | 0.3x |
| Thu, 21 May 2026 | ₩49.2t | ₩153.9t | ₩1.2t | 14.1x | 40.5x | 0.3x |
| Sat, 18 Apr 2026 | ₩48.6t | ₩153.4t | ₩1.0t | 14.9x | 46.3x | 0.3x |
| Mon, 16 Mar 2026 | ₩43.3t | ₩150.4t | ₩1.2t | 11.1x | 37.2x | 0.3x |
| Wed, 11 Feb 2026 | ₩45.8t | ₩150.4t | ₩1.2t | 10.8x | 39.1x | 0.3x |
| Fri, 09 Jan 2026 | ₩38.0t | ₩152.4t | ₩987.7b | 9.9x | 38.5x | 0.2x |
| Sun, 07 Dec 2025 | ₩38.7t | ₩152.4t | ₩987.4b | 10.2x | 39.2x | 0.3x |
| Tue, 04 Nov 2025 | ₩38.9t | ₩151.4t | ₩927.5b | 11.7x | 41.9x | 0.3x |
| Thu, 02 Oct 2025 | ₩36.2t | ₩152.5t | ₩889.0b | 12.2x | 40.7x | 0.2x |
| Sat, 30 Aug 2025 | ₩37.2t | ₩152.6t | ₩899.1b | 12.3x | 41.3x | 0.2x |
| Mon, 28 Jul 2025 | ₩42.7t | ₩154.1t | ₩1.4t | 10x | 29.4x | 0.3x |
| Wed, 25 Jun 2025 | ₩35.6t | ₩150.8t | ₩1.4t | 9.9x | 24.7x | 0.2x |
| Fri, 23 May 2025 | ₩33.2t | ₩151.2t | ₩1.5t | 9.9x | 21.9x | 0.2x |
| Sun, 20 Apr 2025 | ₩35.2t | ₩152.1t | ₩1.8t | 9.8x | 19.5x | 0.2x |
| Tue, 18 Mar 2025 | ₩41.1t | ₩152.6t | ₩2.4t | 9.9x | 17.3x | 0.3x |
| Thu, 13 Feb 2025 | ₩30.6t | ₩152.6t | ₩2.4t | 9x | 12.9x | 0.2x |
| Sat, 11 Jan 2025 | ₩33.4t | ₩153.5t | ₩2.6t | 8.8x | 12.8x | 0.2x |
| Mon, 09 Dec 2024 | ₩33.3t | ₩152.7t | ₩2.6t | 7.9x | 12.6x | 0.2x |
| Wed, 06 Nov 2024 | ₩41.2t | ₩155.4t | ₩3.1t | 7.7x | 13.3x | 0.3x |
| Fri, 04 Oct 2024 | ₩44.1t | ₩156.0t | ₩3.1t | 7.7x | 14x | 0.3x |
| Sun, 01 Sep 2024 | ₩40.8t | ₩156.0t | ₩3.2t | 7.8x | 12.9x | 0.3x |
| Tue, 30 Jul 2024 | ₩43.0t | ₩158.1t | ₩3.6t | 6.6x | 12x | 0.3x |
| Thu, 27 Jun 2024 | ₩44.6t | ₩159.7t | ₩3.8t | 7.1x | 11.7x | 0.3x |
| Sat, 25 May 2024 | ₩46.1t | ₩160.7t | ₩3.8t | 6.7x | 12.2x | 0.3x |
| Mon, 22 Apr 2024 | ₩46.7t | ₩163.2t | ₩4.3t | 6.4x | 10.9x | 0.3x |
| Wed, 20 Mar 2024 | ₩51.0t | ₩170.3t | ₩4.6t | 6.7x | 11.1x | 0.3x |
| Fri, 16 Feb 2024 | ₩52.6t | ₩171.1t | ₩4.7t | 7.3x | 11.1x | 0.3x |
| Sun, 14 Jan 2024 | ₩52.1t | ₩162.6t | ₩3.9t | 7.3x | 13.3x | 0.3x |
| Tue, 12 Dec 2023 | ₩53.7t | ₩162.6t | ₩3.9t | 7.7x | 13.7x | 0.3x |
| Thu, 09 Nov 2023 | ₩51.9t | ₩158.5t | ₩3.9t | 7.8x | 13.3x | 0.3x |
| Sat, 07 Oct 2023 | ₩56.9t | ₩158.5t | ₩3.9t | 7.6x | 14.7x | 0.4x |
| Mon, 04 Sep 2023 | ₩61.1t | ₩158.4t | ₩3.9t | 8x | 15.7x | 0.4x |
Price to Earnings Ratio
15.7x
Current Industry PE
- Investors are relatively neutral on the South Korean Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 23.4x.
- 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 declined 21% 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 South Korean Steel compare with similar industries?
| KR Market | 0.70% | |
| Materials | 4.12% | |
| Metals and Mining | 7.50% | |
| Steel | 5.51% | |
| Aluminum | 12.76% | |
| Diversified Metals and Mining | 9.87% | |
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 | |
|---|---|---|---|---|---|
| A005490 POSCO Holdings | ₩337.50k | 8.9% +₩2.1t | 18.2% | PE18.9x | |
| A004020 Hyundai Steel | ₩31.00k | 14.8% +₩526.2b | -3.4% | PS0.2x | |
| A001430 SeAH Besteel Holdings | ₩42.60k | 8.3% +₩116.6b | 52.7% | PE17.2x | |
| A009520 POSCO M-TECH | ₩13.07k | 15.1% +₩71.2b | 0.7% | n/a | |
| A460860 Dongkuk Steel Mill | ₩10.38k | 13.6% +₩61.5b | 11.5% | PE42.9x |