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Saudi Arabian (Tadawul) Steel Industry Analysis
UpdatedMar 21, 2026
DataAggregated Company Financials
Companies13
- 7D0.7%
- 3M-0.9%
- 1Y-11.7%
- YTDn/a
Last week, the Steel industry hasn't moved much but East Pipes Integrated Company for Industry is up 4.4% in that time. As for the longer term, the industry has declined 11% in the last year. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Saudi Arabian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Mar 2026 | ر.س14.1b | ر.س16.4b | ر.س1.1b | 18.9x | 12.8x | 0.9x |
| Mon, 16 Feb 2026 | ر.س15.3b | ر.س16.3b | ر.س1.1b | 24.1x | 13.9x | 0.9x |
| Wed, 14 Jan 2026 | ر.س14.5b | ر.س15.7b | ر.س901.8m | 30.3x | 16.1x | 0.9x |
| Fri, 12 Dec 2025 | ر.س14.6b | ر.س15.7b | ر.س901.6m | 29.7x | 16.2x | 0.9x |
| Sun, 09 Nov 2025 | ر.س15.4b | ر.س15.9b | ر.س893.3m | 33.3x | 17.2x | 1x |
| Tue, 07 Oct 2025 | ر.س15.4b | ر.س15.9b | ر.س863.6m | 33.3x | 17.8x | 1x |
| Thu, 04 Sep 2025 | ر.س13.9b | ر.س16.0b | ر.س868.9m | 31.2x | 16x | 0.9x |
| Sat, 02 Aug 2025 | ر.س14.2b | ر.س15.8b | ر.س829.1m | 30.6x | 17.2x | 0.9x |
| Mon, 30 Jun 2025 | ر.س14.8b | ر.س15.7b | ر.س838.3m | 21.2x | 17.6x | 0.9x |
| Wed, 28 May 2025 | ر.س14.5b | ر.س15.6b | ر.س902.6m | 30.2x | 16x | 0.9x |
| Fri, 25 Apr 2025 | ر.س15.4b | ر.س15.5b | ر.س919.8m | 29.5x | 16.8x | 1x |
| Sun, 23 Mar 2025 | ر.س15.8b | ر.س15.2b | ر.س862.8m | 35.3x | 18.3x | 1x |
| Tue, 18 Feb 2025 | ر.س18.3b | ر.س15.2b | ر.س891.6m | 35.9x | 20.5x | 1.2x |
| Thu, 16 Jan 2025 | ر.س17.1b | ر.س15.4b | ر.س889.9m | 26.9x | 19.2x | 1.1x |
| Sat, 14 Dec 2024 | ر.س17.0b | ر.س15.4b | ر.س862.6m | 35.5x | 19.8x | 1.1x |
| Mon, 11 Nov 2024 | ر.س16.9b | ر.س14.9b | ر.س789.9m | 37.7x | 21.4x | 1.1x |
| Wed, 09 Oct 2024 | ر.س16.7b | ر.س14.6b | ر.س699.0m | 38.4x | 23.9x | 1.1x |
| Fri, 06 Sep 2024 | ر.س17.4b | ر.س14.6b | ر.س698.5m | 39.8x | 24.9x | 1.2x |
| Sun, 04 Aug 2024 | ر.س17.2b | ر.س13.6b | ر.س372.3m | 27x | 46.2x | 1.3x |
| Tue, 02 Jul 2024 | ر.س17.8b | ر.س13.5b | ر.س361.2m | 36.2x | 49.3x | 1.3x |
| Thu, 30 May 2024 | ر.س16.3b | ر.س13.2b | ر.س208.9m | 37.8x | 77.8x | 1.2x |
| Sat, 27 Apr 2024 | ر.س17.2b | ر.س12.5b | ر.س27.4m | 43.7x | 626.8x | 1.4x |
| Mon, 25 Mar 2024 | ر.س18.3b | ر.س12.4b | ر.س17.8m | 36.4x | 1029.6x | 1.5x |
| Wed, 21 Feb 2024 | ر.س13.9b | ر.س11.9b | -ر.س90,449,597.00 | 38.1x | -154.2x | 1.2x |
| Fri, 19 Jan 2024 | ر.س12.1b | ر.س11.7b | -ر.س161,898,197.00 | 32x | -74.9x | 1x |
| Sun, 17 Dec 2023 | ر.س11.1b | ر.س11.6b | -ر.س235,300,965.00 | 28.1x | -47.2x | 1x |
| Tue, 14 Nov 2023 | ر.س10.0b | ر.س11.4b | -ر.س199,028,320.00 | 23.1x | -50.1x | 0.9x |
| Thu, 12 Oct 2023 | ر.س9.6b | ر.س11.3b | -ر.س256,370,446.00 | 27.2x | -37.4x | 0.8x |
| Sat, 09 Sep 2023 | ر.س10.4b | ر.س11.2b | -ر.س249,995,901.00 | 20.9x | -41.8x | 0.9x |
| Mon, 07 Aug 2023 | ر.س10.1b | ر.س10.8b | -ر.س102,279,554.00 | 23.9x | -98.6x | 0.9x |
| Wed, 05 Jul 2023 | ر.س9.6b | ر.س9.9b | -ر.س159,531,461.00 | 25x | -60.5x | 1x |
| Fri, 02 Jun 2023 | ر.س8.9b | ر.س9.6b | -ر.س136,342,646.00 | 26x | -65.3x | 0.9x |
| Sun, 30 Apr 2023 | ر.س8.3b | ر.س9.5b | -ر.س143,110,011.00 | 21.6x | -58x | 0.9x |
| Tue, 28 Mar 2023 | ر.س7.3b | ر.س9.1b | -ر.س178,599,239.00 | 20.9x | -41.1x | 0.8x |
Price to Earnings Ratio
-41.1x
Current Industry PE
- Investors are optimistic on the Saudi Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.8x which is higher than its 3-year average PE of 11.3x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.86x.
Past Earnings Growth
- Total earnings for the Steel industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 22% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Saudi Arabian Steel compare with similar industries?
| SA Market | 0.62% | |
| Materials | 0.19% | |
| Metals and Mining | 0.94% | |
| Steel | 0.65% | |
| Diversified Metals and Mining | 0.95% | |
| Aluminum | 0% | 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 | |
|---|---|---|---|---|---|
| 1321 East Pipes Integrated Company for Industry | ر.س141.40 | 4.4% +ر.س189.0m | -2.5% | PE9x | |
| 2240 Advanced Building Industries | ر.س35.00 | 1.2% +ر.س24.0m | 16.7% | PE24.6x | |
| 9599 Taqat Mineral Trading | ر.س12.96 | 8.0% +ر.س11.6m | 29.6% | PS0.6x | |
| 2220 National Metal Manufacturing and Casting | ر.س11.52 | 2.4% +ر.س9.6m | -25.4% | PS1.7x | |
| 2200 Arabian Pipes | ر.س4.79 | 0.4% +ر.س4.0m | -41.8% | PE8.7x |