What BENA Steel Industries' (TADAWUL:9563) P/E Is Not Telling You
Oct 30
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Saudi Arabian (Tadawul) Steel Industry Analysis
UpdatedNov 07, 2025
DataAggregated Company Financials
Companies13
- 7D-3.1%
- 3M6.0%
- 1Y-11.5%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 4.2%, driven by pullbacks in Saudi Steel Pipes and East Pipes Integrated Company for Industry of 8.8% and 4.7%, respectively. The industry has fallen 12% in the last year. Looking forward, earnings are forecast to grow by 6.2% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 07 Nov 2025 | ر.س15.4b | ر.س15.9b | ر.س893.3m | 33.3x | 17.2x | 1x |
| Sun, 05 Oct 2025 | ر.س15.1b | ر.س15.9b | ر.س863.6m | 31.6x | 17.5x | 0.9x |
| Tue, 02 Sep 2025 | ر.س13.9b | ر.س15.7b | ر.س876.5m | 31.1x | 15.8x | 0.9x |
| Thu, 31 Jul 2025 | ر.س14.4b | ر.س15.8b | ر.س829.1m | 30.5x | 17.4x | 0.9x |
| Sat, 28 Jun 2025 | ر.س14.8b | ر.س15.7b | ر.س838.3m | 21.2x | 17.6x | 0.9x |
| Mon, 26 May 2025 | ر.س15.2b | ر.س15.6b | ر.س902.6m | 30.5x | 16.8x | 1x |
| Wed, 23 Apr 2025 | ر.س15.3b | ر.س15.5b | ر.س919.8m | 29.4x | 16.7x | 1x |
| Fri, 21 Mar 2025 | ر.س15.8b | ر.س15.2b | ر.س862.8m | 35.3x | 18.3x | 1x |
| Sun, 16 Feb 2025 | ر.س18.6b | ر.س15.2b | ر.س891.6m | 35.8x | 20.8x | 1.2x |
| Tue, 14 Jan 2025 | ر.س17.1b | ر.س15.4b | ر.س889.9m | 27.1x | 19.2x | 1.1x |
| Thu, 12 Dec 2024 | ر.س16.7b | ر.س15.4b | ر.س862.6m | 35.4x | 19.4x | 1.1x |
| Sat, 09 Nov 2024 | ر.س17.2b | ر.س14.6b | ر.س697.9m | 38.7x | 24.7x | 1.2x |
| Mon, 07 Oct 2024 | ر.س16.8b | ر.س14.6b | ر.س699.0m | 38.3x | 24x | 1.2x |
| Wed, 04 Sep 2024 | ر.س17.2b | ر.س14.4b | ر.س696.8m | 40.7x | 24.7x | 1.2x |
| Fri, 02 Aug 2024 | ر.س17.2b | ر.س13.6b | ر.س372.3m | 27x | 46.2x | 1.3x |
| Sun, 30 Jun 2024 | ر.س17.1b | ر.س13.5b | ر.س361.2m | 35.8x | 47.3x | 1.3x |
| Tue, 28 May 2024 | ر.س16.4b | ر.س13.2b | ر.س208.9m | 38.7x | 78.7x | 1.2x |
| Thu, 25 Apr 2024 | ر.س17.0b | ر.س12.5b | ر.س27.4m | 43.7x | 620.9x | 1.4x |
| Sat, 23 Mar 2024 | ر.س18.3b | ر.س12.4b | ر.س17.8m | 39x | 1029.6x | 1.5x |
| Mon, 19 Feb 2024 | ر.س13.8b | ر.س11.7b | -ر.س161,898,197.00 | 37.9x | -85x | 1.2x |
| Wed, 17 Jan 2024 | ر.س12.3b | ر.س11.7b | -ر.س161,898,197.00 | 32x | -76.3x | 1.1x |
| Fri, 15 Dec 2023 | ر.س11.1b | ر.س11.6b | -ر.س235,300,965.00 | 28.1x | -47.2x | 1x |
| Sun, 12 Nov 2023 | ر.س10.2b | ر.س11.4b | -ر.س199,028,320.00 | 22.9x | -51.4x | 0.9x |
| Tue, 10 Oct 2023 | ر.س10.2b | ر.س11.3b | -ر.س256,370,446.00 | 28.2x | -39.9x | 0.9x |
| Thu, 07 Sep 2023 | ر.س10.4b | ر.س11.2b | -ر.س249,995,871.00 | 21x | -41.7x | 0.9x |
| Sat, 05 Aug 2023 | ر.س10.1b | ر.س10.8b | -ر.س102,279,554.00 | 23.8x | -98.6x | 0.9x |
| Mon, 03 Jul 2023 | ر.س9.5b | ر.س9.9b | -ر.س159,531,461.00 | 24.2x | -59.4x | 1x |
| Wed, 31 May 2023 | ر.س8.9b | ر.س9.6b | -ر.س136,342,646.00 | 25.9x | -65.2x | 0.9x |
| Fri, 28 Apr 2023 | ر.س8.3b | ر.س9.5b | -ر.س143,110,011.00 | 21.6x | -57.9x | 0.9x |
| Sun, 26 Mar 2023 | ر.س7.2b | ر.س9.1b | -ر.س178,599,239.00 | 20.3x | -40.5x | 0.8x |
| Tue, 21 Feb 2023 | ر.س7.4b | ر.س8.7b | -ر.س244,963,047.00 | 27x | -30.2x | 0.8x |
| Thu, 19 Jan 2023 | ر.س7.2b | ر.س8.7b | -ر.س244,963,047.00 | 20.6x | -29.6x | 0.8x |
| Sat, 17 Dec 2022 | ر.س6.7b | ر.س8.7b | -ر.س113,068,038.00 | 18.3x | -59.5x | 0.8x |
| Mon, 14 Nov 2022 | ر.س7.5b | ر.س8.5b | -ر.س156,612,814.00 | 30.4x | -47.8x | 0.9x |
Price to Earnings Ratio
-47.8x
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 17.7x which is higher than its 3-year average PE of 4.3x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
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 Market | -1.54% | |
| Materials | -5.19% | |
| Metals and Mining | -6.63% | |
| Steel | -3.11% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -6.88% | |
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 | |
|---|---|---|---|---|---|
| 2240 Advanced Building Industries | ر.س37.66 | 5.7% +ر.س122.4m | 32.6% | PE35.2x | |
| 9563 BENA Steel Industries | ر.س34.64 | 9.9% +ر.س18.7m | -10.0% | PE31.3x |
