Header cover image

Saudi Arabian (Tadawul) Market Analysis & Valuation

UpdatedApr 13, 2025
DataAggregated Company Financials
Companies362
  • 7D-1.2%
  • 3M-6.1%
  • 1Y-12.7%
  • YTD-6.0%

Over the last 7 days, the market has dropped 1.9%, driven by pullbacks in every sector, especially the Energy sector. The market has dropped 13% in the last year. As for the next few years, earnings are expected to grow by 6.8% per annum.

Market Valuation and Performance

Has the Saudi Arabian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Apr 2025ر.س9.6tر.س2.9tر.س543.5b22x17.7x3.4x
Tue, 11 Mar 2025ر.س9.7tر.س2.8tر.س537.9b22x18.1x3.4x
Thu, 06 Feb 2025ر.س10.3tر.س2.9tر.س556.6b24.2x18.5x3.6x
Sat, 04 Jan 2025ر.س10.2tر.س2.9tر.س552.1b23.1x18.5x3.6x
Mon, 02 Dec 2024ر.س10.0tر.س2.9tر.س551.8b23.3x18.2x3.5x
Wed, 30 Oct 2024ر.س10.0tر.س2.9tر.س574.2b25x17.5x3.5x
Fri, 27 Sep 2024ر.س10.2tر.س2.9tر.س571.1b26.1x17.9x3.6x
Sun, 25 Aug 2024ر.س10.2tر.س2.9tر.س571.1b25.8x17.8x3.6x
Tue, 23 Jul 2024ر.س10.3tر.س2.8tر.س567.5b26x18.2x3.7x
Thu, 20 Jun 2024ر.س10.0tر.س2.8tر.س567.4b25.1x17.6x3.5x
Sat, 18 May 2024ر.س10.7tر.س2.8tر.س566.0b27x18.8x3.8x
Mon, 15 Apr 2024ر.س10.9tر.س2.8tر.س577.8b27.8x18.9x3.9x
Wed, 13 Mar 2024ر.س11.3tر.س2.8tر.س585.0b27.6x19.3x4x
Fri, 09 Feb 2024ر.س10.8tر.س2.9tر.س604.8b26x17.9x3.8x
Sun, 07 Jan 2024ر.س11.3tر.س2.9tر.س604.6b25.2x18.7x4x
Tue, 05 Dec 2023ر.س11.1tر.س2.8tر.س604.4b23.4x18.3x3.9x
Thu, 02 Nov 2023ر.س10.9tر.س3.0tر.س638.4b23.3x17.1x3.7x
Sat, 30 Sep 2023ر.س11.4tر.س3.0tر.س636.6b24.6x17.9x3.8x
Mon, 28 Aug 2023ر.س11.4tر.س3.0tر.س636.3b25.4x18x3.9x
Wed, 26 Jul 2023ر.س11.1tر.س3.2tر.س715.5b25.6x15.5x3.5x
Fri, 23 Jun 2023ر.س10.9tر.س3.2tر.س714.5b26.5x15.3x3.4x
Sun, 21 May 2023ر.س10.9tر.س3.2tر.س726.5b25.3x15x3.4x
Tue, 18 Apr 2023ر.س10.6tر.س3.2tر.س753.8b24.7x14.1x3.3x
Thu, 16 Mar 2023ر.س9.8tر.س3.2tر.س756.6b23.4x12.9x3x
Sat, 11 Feb 2023ر.س9.9tر.س3.2tر.س752.0b24.4x13.2x3.1x
Mon, 09 Jan 2023ر.س9.8tر.س3.2tر.س750.1b24.4x13x3.1x
Wed, 07 Dec 2022ر.س9.8tر.س3.2tر.س748.3b24.3x13.1x3.1x
Fri, 04 Nov 2022ر.س10.6tر.س3.2tر.س751.3b26.5x14.1x3.4x
Sun, 02 Oct 2022ر.س10.9tر.س2.9tر.س699.7b27.5x15.5x3.7x
Tue, 30 Aug 2022ر.س11.7tر.س2.9tر.س699.5b26.8x16.7x4x
Thu, 28 Jul 2022ر.س11.6tر.س2.6tر.س607.7b26.8x19.1x4.5x
Sat, 25 Jun 2022ر.س11.1tر.س2.6tر.س606.9b25.1x18.2x4.3x
Mon, 23 May 2022ر.س11.9tر.س2.6tر.س606.8b28.2x19.6x4.6x
Wed, 20 Apr 2022ر.س12.1tر.س2.3tر.س530.2b30.6x22.9x5.2x
Price to Earnings Ratio

22.9x


Total Market Cap: ر.س12.1tTotal Earnings: ر.س530.2bTotal Revenue: ر.س2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Market Price to Earnings3Y Average 17.2x202320242025
Current Market PE
  • Investors are relatively neutral on the Saudi market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.2x.
Past Earnings Growth
  • The earnings for Saudi listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 7.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Saudi Arabian Market?

SA Market-1.25%
Financials1.55%
Healthcare-0.067%
Tech-1.04%
Energy-1.17%
Telecom-2.37%
Consumer Staples-2.86%
Materials-2.97%
Utilities-3.27%
Consumer Discretionary-3.40%
Industrials-5.39%
Real Estate-6.84%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 65.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.6%, which is higher than its past year's earnings growth of 1.0% per year.
  • The Consumer Staples sector is the least preferred by investors for future growth, which is trading below its 3-year average of 28.8x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Consumer Staples industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
4130 Al-Baha Investment and Developmentر.س35.00900.0%
+ر.س68.8b
1,737.5%PE9122.1xFinancials
1010 Riyad Bankر.س30.955.3%
+ر.س4.6b
6.5%PB1.4xFinancials
4013 Dr. Sulaiman Al Habib Medical Services Groupر.س289.603.4%
+ر.س3.4b
-10.7%PE43.8xHealthcare
1060 Saudi Awwal Bankر.س34.352.5%
+ر.س1.7b
-17.2%PB1xFinancials
1111 Saudi Tadawul Group Holdingر.س197.407.2%
+ر.س1.6b
-29.0%PE38.1xFinancials
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Markets have been setting all kinds of records lately, some good, some less so. Major indexes have posted some of the biggest one-day point moves in history. In percentage terms...

Latest News

4013

ر.س289.60

Dr. Sulaiman Al Habib Medical Services Group

7D

3.4%

1Y

-10.7%

7203

ر.س980.00

Elm

7D

2.1%

1Y

-0.9%

4250

ر.س22.88

Jabal Omar Development

7D

-11.1%

1Y

-24.5%

2010

ر.س60.60

Saudi Basic Industries

7D

-3.7%

1Y

-31.4%

2082

ر.س330.60

ACWA Power

7D

-2.8%

1Y

-8.9%

1010

ر.س30.95

Riyad Bank

7D

5.3%

1Y

6.5%

1150

ر.س28.80

Alinma Bank

7D

0.9%

1Y

-17.3%

5110

ر.س14.94

Saudi Electricity

7D

2.2%

1Y

-25.0%

1050

ر.س16.92

Banque Saudi Fransi

7D

-7.4%

1Y

-8.4%