Saudi Arabian (Tadawul) Building Industry Analysis

UpdatedNov 20, 2025

DataAggregated Company Financials

Companies9

7D-1.9%
3M-8.0%
1Y-13.4%
YTD-15.7%

Over the last 7 days, the Building industry has dropped 1.9%, driven by declines in Al Obeikan Glass and Saudi Ceramic of 6.1% and 2.0%, respectively. Meanwhile, United Mining Industries actually outperformed within the industry, gaining 6.1% in the last week. Overall the industry is down 13% in 12 months. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the Saudi Arabian Building Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 21 Nov 2025	ر.س10.3b	ر.س7.4b	ر.س368.1m	23.8x	27.9x	1.4x
Sun, 19 Oct 2025	ر.س11.3b	ر.س7.0b	ر.س348.4m	24.3x	32.5x	1.6x
Tue, 16 Sep 2025	ر.س10.2b	ر.س7.0b	ر.س357.0m	23.2x	28.7x	1.5x
Thu, 14 Aug 2025	ر.س11.1b	ر.س6.5b	ر.س328.3m	21.3x	33.8x	1.7x
Sat, 12 Jul 2025	ر.س11.6b	ر.س6.5b	ر.س244.0m	22.6x	47.4x	1.8x
Mon, 09 Jun 2025	ر.س10.5b	ر.س6.5b	ر.س246.9m	21.5x	42.4x	1.6x
Wed, 07 May 2025	ر.س10.8b	ر.س6.4b	ر.س255.0m	19.1x	42.4x	1.7x
Fri, 04 Apr 2025	ر.س11.1b	ر.س6.4b	ر.س241.0m	21x	46.2x	1.7x
Sun, 02 Mar 2025	ر.س11.4b	ر.س6.0b	ر.س211.5m	24.6x	54.1x	1.9x
Tue, 28 Jan 2025	ر.س11.1b	ر.س5.9b	ر.س168.7m	18.2x	65.8x	1.9x
Thu, 26 Dec 2024	ر.س11.7b	ر.س6.0b	ر.س218.1m	20.6x	53.6x	2x
Sat, 23 Nov 2024	ر.س11.6b	ر.س6.0b	ر.س226.9m	20.9x	50.9x	1.9x
Mon, 21 Oct 2024	ر.س10.5b	ر.س6.1b	ر.س64.3m	18.2x	163.8x	1.7x
Wed, 18 Sep 2024	ر.س9.2b	ر.س5.8b	ر.س15.1m	18.6x	605.8x	1.6x
Fri, 16 Aug 2024	ر.س9.1b	ر.س5.9b	ر.س42.7m	18.6x	213x	1.5x
Sun, 14 Jul 2024	ر.س9.5b	ر.س6.0b	ر.س93.0m	19.1x	102x	1.6x
Tue, 11 Jun 2024	ر.س9.1b	ر.س6.0b	ر.س90.1m	18.8x	101.4x	1.5x
Thu, 09 May 2024	ر.س9.6b	ر.س6.0b	ر.س115.7m	18.7x	82.9x	1.6x
Sat, 06 Apr 2024	ر.س9.4b	ر.س6.0b	ر.س128.8m	19.5x	72.9x	1.6x
Mon, 04 Mar 2024	ر.س9.0b	ر.س6.3b	ر.س257.5m	17.7x	34.8x	1.4x
Wed, 31 Jan 2024	ر.س8.6b	ر.س6.3b	ر.س257.5m	17.8x	33.5x	1.4x
Fri, 29 Dec 2023	ر.س8.6b	ر.س6.3b	ر.س257.5m	17.8x	33.3x	1.4x
Sun, 26 Nov 2023	ر.س7.8b	ر.س6.3b	ر.س289.1m	14.9x	27x	1.2x
Tue, 24 Oct 2023	ر.س7.5b	ر.س6.4b	ر.س498.8m	14.4x	15.1x	1.2x
Thu, 21 Sep 2023	ر.س7.8b	ر.س6.1b	ر.س480.5m	16.1x	16.3x	1.3x
Sat, 19 Aug 2023	ر.س7.9b	ر.س6.1b	ر.س484.5m	17.5x	16.4x	1.3x
Mon, 17 Jul 2023	ر.س8.5b	ر.س6.2b	ر.س508.7m	18.8x	16.8x	1.4x
Wed, 14 Jun 2023	ر.س8.5b	ر.س6.2b	ر.س508.7m	17.8x	16.7x	1.4x
Fri, 12 May 2023	ر.س7.8b	ر.س6.2b	ر.س546.6m	16.8x	14.3x	1.3x
Sun, 09 Apr 2023	ر.س8.0b	ر.س6.2b	ر.س613.2m	16.2x	13.1x	1.3x
Tue, 07 Mar 2023	ر.س8.0b	ر.س6.1b	ر.س633.2m	14.8x	12.6x	1.3x
Thu, 02 Feb 2023	ر.س8.2b	ر.س6.1b	ر.س633.2m	15.2x	12.9x	1.3x
Sat, 31 Dec 2022	ر.س7.8b	ر.س6.1b	ر.س633.2m	13.4x	12.2x	1.3x
Mon, 28 Nov 2022	ر.س8.2b	ر.س6.1b	ر.س633.2m	14.1x	13x	1.3x

Price to Earnings Ratio

13x

Mon, 28 Nov 2022

Current Industry PE

Investors are pessimistic on the Saudi Building industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 27.9x which is lower than its 3-year average PE of 57.5x.

The industry is trading close to its 3-year average PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the Building industry have declined 17% per year over the last three years.
Meanwhile revenues for these companies have grown 6.7% 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, which has decreased profits.