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Saudi Arabian (Tadawul) Steel Industry Analysis

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies13
  • 7D6.2%
  • 3M-3.3%
  • 1Y-15.2%
  • YTDn/a

The Steel is pretty flat in the last 7 days, but East Pipes Integrated Company for Industry has stood out, gaining 14%. Unfortunately though, the industry is down 20% over the past 12 months. Earnings are forecast to grow by 5.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Jan 2026ر.س15.4bر.س16.2bر.س1.0b31.3x15.1x1x
Fri, 26 Dec 2025ر.س14.2bر.س15.7bر.س891.8m29.9x16x0.9x
Sun, 23 Nov 2025ر.س15.0bر.س15.8bر.س880.4m33.9x17x0.9x
Tue, 21 Oct 2025ر.س15.4bر.س15.9bر.س863.6m32.4x17.9x1x
Thu, 18 Sep 2025ر.س13.8bر.س15.9bر.س863.6m31.6x16x0.9x
Sat, 16 Aug 2025ر.س14.1bر.س15.6bر.س855.4m32.4x16.5x0.9x
Mon, 14 Jul 2025ر.س15.6bر.س15.8bر.س829.1m31.3x18.8x1x
Wed, 11 Jun 2025ر.س14.4bر.س15.7bر.س838.3m21.1x17.2x0.9x
Fri, 09 May 2025ر.س15.3bر.س15.5bر.س919.8m30x16.7x1x
Sun, 06 Apr 2025ر.س16.2bر.س15.5bر.س922.8m29.7x17.5x1x
Tue, 04 Mar 2025ر.س16.8bر.س15.2bر.س891.6m34.5x18.9x1.1x
Thu, 30 Jan 2025ر.س17.9bر.س15.4bر.س889.9m28.2x20.1x1.2x
Sat, 28 Dec 2024ر.س16.6bر.س15.4bر.س862.6m35.3x19.2x1.1x
Mon, 25 Nov 2024ر.س16.4bر.س15.4bر.س862.6m36.3x19x1.1x
Wed, 23 Oct 2024ر.س17.4bر.س14.6bر.س699.0m38.1x24.9x1.2x
Fri, 20 Sep 2024ر.س17.1bر.س14.6bر.س699.0m38.5x24.5x1.2x
Sun, 18 Aug 2024ر.س16.4bر.س14.4bر.س696.8m37.2x23.5x1.1x
Tue, 16 Jul 2024ر.س18.1bر.س13.6bر.س372.3m26.9x48.6x1.3x
Thu, 13 Jun 2024ر.س17.5bر.س13.5bر.س351.6m37.8x49.6x1.3x
Sat, 11 May 2024ر.س17.9bر.س12.8bر.س97.3m48x184x1.4x
Mon, 08 Apr 2024ر.س16.7bر.س12.5bر.س48.4m32.8x344.5x1.3x
Wed, 06 Mar 2024ر.س16.4bر.س12.3b-ر.س6,359,405.0031.1x-2577x1.3x
Fri, 02 Feb 2024ر.س12.1bر.س11.7b-ر.س161,898,197.0031.4x-75x1x
Sun, 31 Dec 2023ر.س11.9bر.س11.6b-ر.س235,300,965.0030.1x-50.4x1x
Tue, 28 Nov 2023ر.س10.3bر.س11.6b-ر.س235,300,965.0026x-43.9x0.9x
Thu, 26 Oct 2023ر.س9.5bر.س11.3b-ر.س256,370,446.0026.2x-37x0.8x
Sat, 23 Sep 2023ر.س10.5bر.س11.2b-ر.س249,995,901.0021x-42.2x0.9x
Mon, 21 Aug 2023ر.س10.2bر.س11.2b-ر.س249,995,871.0020.3x-40.9x0.9x
Wed, 19 Jul 2023ر.س9.5bر.س10.2b-ر.س151,832,195.0026.8x-62.5x0.9x
Fri, 16 Jun 2023ر.س9.4bر.س9.9b-ر.س159,531,461.0024.3x-59.2x1x
Sun, 14 May 2023ر.س8.5bر.س9.5b-ر.س143,110,011.0022.6x-59.7x0.9x
Tue, 11 Apr 2023ر.س7.9bر.س9.1b-ر.س241,546,581.0020.7x-32.7x0.9x
Thu, 09 Mar 2023ر.س7.3bر.س8.7b-ر.س244,963,047.0027x-29.7x0.8x
Sat, 04 Feb 2023ر.س7.6bر.س8.7b-ر.س244,963,047.0021.2x-30.8x0.9x
Price to Earnings Ratio

-30.8x


Total Market Cap: ر.س7.6bTotal Earnings: -ر.س244,963,047.00Total Revenue: ر.س8.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Steel Industry Price to Earnings3Y Average 9.1x202420252026
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 14.4x which is higher than its 3-year average PE of 9.1x.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.90x.
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 23% 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 Market2.36%
Materials5.25%
Metals and Mining4.49%
Steel6.19%
Diversified Metals and Mining4.41%
Aluminum0%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?

CompanyLast Price7D1YValuation
1321 East Pipes Integrated Company for Industryر.س151.6017.1%
+ر.س696.2m
-1.6%PE10.7x
9523 Group Five Pipe Saudiر.س42.9811.5%
+ر.س123.8m
7.4%PE7.8x
1320 Saudi Steel Pipesر.س41.026.0%
+ر.س117.3m
-39.9%PE12.2x
2200 Arabian Pipesر.س5.409.3%
+ر.س92.0m
-44.4%PE9.4x
9513 Watani Iron Steelر.س1.988.8%
+ر.س29.1m
-22.0%PE88.4x