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Pakistani (KSE) Steel Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies13
- 7D-2.5%
- 3M-6.7%
- 1Y11.0%
- YTDn/a
In the last week, the Steel industry is up 1.1%, with Amreli Steels leading the way, up 2.4%. This means that the industry has gained 13% over the past year. Looking forward, earnings are forecast to grow by 58% annually.
Industry Valuation and Performance
Has the Pakistani Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | PK₨109.0b | PK₨344.6b | -PK₨9,167,522,022.00 | 11.8x | -11.9x | 0.3x |
| Tue, 22 Oct 2024 | PK₨114.1b | PK₨374.1b | -PK₨3,601,516,494.00 | 9x | -31.7x | 0.3x |
| Thu, 19 Sep 2024 | PK₨113.7b | PK₨372.3b | PK₨3.6b | 9.2x | 31.3x | 0.3x |
| Sat, 17 Aug 2024 | PK₨117.0b | PK₨382.1b | PK₨6.4b | 6.8x | 18.3x | 0.3x |
| Mon, 15 Jul 2024 | PK₨126.8b | PK₨379.7b | PK₨6.5b | 7.6x | 19.4x | 0.3x |
| Wed, 12 Jun 2024 | PK₨125.4b | PK₨379.7b | PK₨6.5b | 7.2x | 19.2x | 0.3x |
| Fri, 10 May 2024 | PK₨106.3b | PK₨371.2b | PK₨7.6b | 6.4x | 14x | 0.3x |
| Sun, 07 Apr 2024 | PK₨101.0b | PK₨389.5b | PK₨12.5b | 6.1x | 8.1x | 0.3x |
| Tue, 05 Mar 2024 | PK₨96.2b | PK₨387.8b | PK₨12.3b | 7.4x | 7.8x | 0.2x |
| Thu, 01 Feb 2024 | PK₨98.6b | PK₨379.6b | PK₨8.3b | 7.2x | 11.9x | 0.3x |
| Sat, 30 Dec 2023 | PK₨103.3b | PK₨384.6b | PK₨8.8b | 7.1x | 11.7x | 0.3x |
| Mon, 27 Nov 2023 | PK₨95.5b | PK₨386.0b | PK₨8.8b | 6x | 10.8x | 0.2x |
| Wed, 25 Oct 2023 | PK₨86.6b | PK₨367.7b | PK₨7.6b | 5x | 11.4x | 0.2x |
| Fri, 22 Sep 2023 | PK₨68.4b | PK₨380.0b | PK₨8.5b | 4.6x | 8x | 0.2x |
| Sun, 20 Aug 2023 | PK₨74.4b | PK₨392.4b | PK₨5.0b | 8.7x | 14.9x | 0.2x |
| Tue, 18 Jul 2023 | PK₨77.2b | PK₨392.4b | PK₨5.0b | 8x | 15.5x | 0.2x |
| Thu, 15 Jun 2023 | PK₨66.6b | PK₨392.4b | PK₨5.0b | 7.6x | 13.3x | 0.2x |
| Sat, 13 May 2023 | PK₨70.0b | PK₨399.2b | PK₨4.9b | 6.4x | 14.4x | 0.2x |
| Mon, 10 Apr 2023 | PK₨71.1b | PK₨411.5b | PK₨3.6b | 6.6x | 19.7x | 0.2x |
| Wed, 08 Mar 2023 | PK₨68.7b | PK₨413.7b | PK₨6.2b | 4.6x | 11.1x | 0.2x |
| Fri, 03 Feb 2023 | PK₨68.8b | PK₨424.4b | PK₨11.0b | 5x | 6.3x | 0.2x |
| Sun, 01 Jan 2023 | PK₨74.7b | PK₨421.9b | PK₨10.9b | 5.9x | 6.9x | 0.2x |
| Tue, 29 Nov 2022 | PK₨82.9b | PK₨423.5b | PK₨11.3b | 7.1x | 7.3x | 0.2x |
| Thu, 27 Oct 2022 | PK₨91.0b | PK₨452.8b | PK₨17.0b | 5.2x | 5.3x | 0.2x |
| Sat, 24 Sep 2022 | PK₨89.2b | PK₨424.6b | PK₨20.2b | 3.9x | 4.4x | 0.2x |
| Mon, 22 Aug 2022 | PK₨98.0b | PK₨419.6b | PK₨23.9b | 4.1x | 4.1x | 0.2x |
| Wed, 20 Jul 2022 | PK₨93.8b | PK₨419.6b | PK₨23.9b | 3.9x | 3.9x | 0.2x |
| Fri, 17 Jun 2022 | PK₨90.2b | PK₨419.6b | PK₨23.9b | 3.8x | 3.8x | 0.2x |
| Sun, 15 May 2022 | PK₨94.7b | PK₨419.6b | PK₨23.9b | 3.9x | 4x | 0.2x |
| Tue, 12 Apr 2022 | PK₨106.7b | PK₨396.2b | PK₨28.4b | 5x | 3.8x | 0.3x |
| Thu, 10 Mar 2022 | PK₨104.7b | PK₨396.0b | PK₨28.4b | 4.8x | 3.7x | 0.3x |
| Sat, 05 Feb 2022 | PK₨132.7b | PK₨384.2b | PK₨31.3b | 6.7x | 4.2x | 0.3x |
| Mon, 03 Jan 2022 | PK₨133.7b | PK₨383.3b | PK₨32.0b | 7.3x | 4.2x | 0.3x |
| Wed, 01 Dec 2021 | PK₨137.3b | PK₨383.6b | PK₨32.0b | 7.2x | 4.3x | 0.4x |
Price to Earnings Ratio
4.3x
Current Industry PE
- Investors are optimistic on the Pakistani Steel industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.25x.
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 3.5% per year, which is driving profits down.
Industry Comparison
How does Pakistani Steel compare with similar industries?
| PK Market | 2.53% | |
| Materials | 3.11% | |
| Metals and Mining | -2.41% | |
| Steel | -2.46% | |
| Aluminum | 1.40% | |
| 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 | |
|---|---|---|---|---|---|
| ASTL Amreli Steels | PK₨21.08 | 2.4% +PK₨148.5m | -17.8% | PS0.2x | |
| ASL Aisha Steel Mills | PK₨8.10 | 1.8% +PK₨130.2m | 10.1% | PS0.2x | |
| ITTEFAQ Ittefaq Iron Industries | PK₨6.29 | 0.8% +PK₨7.2m | -23.5% | PS0.4x |