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Saudi Arabian (Tadawul) Steel Industry Analysis
UpdatedMar 11, 2026
DataAggregated Company Financials
Companies13
- 7D4.3%
- 3M-2.1%
- 1Y-10.0%
- YTDn/a
Over the last 7 days, the Steel industry has risen 2.1%, and Arabian Pipes contributed the most with a gain of 14%. In the past year, the industry is down 10%. Looking forward, earnings are forecast to decline by 4.3% per year.
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 |
|---|---|---|---|---|---|---|
| Wed, 11 Mar 2026 | ر.س14.2b | ر.س16.5b | ر.س1.2b | 22.6x | 12x | 0.9x |
| Fri, 06 Feb 2026 | ر.س15.6b | ر.س16.3b | ر.س1.1b | 30.4x | 14.7x | 1x |
| Sun, 04 Jan 2026 | ر.س14.1b | ر.س15.7b | ر.س901.8m | 27.5x | 15.6x | 0.9x |
| Tue, 02 Dec 2025 | ر.س13.9b | ر.س15.8b | ر.س880.4m | 31.7x | 15.8x | 0.9x |
| Thu, 30 Oct 2025 | ر.س15.9b | ر.س15.9b | ر.س863.6m | 34.3x | 18.5x | 1x |
| Sat, 27 Sep 2025 | ر.س14.6b | ر.س15.9b | ر.س863.6m | 33x | 16.9x | 0.9x |
| Mon, 25 Aug 2025 | ر.س14.5b | ر.س15.7b | ر.س876.5m | 33.3x | 16.5x | 0.9x |
| Wed, 23 Jul 2025 | ر.س14.7b | ر.س15.8b | ر.س829.1m | 30.5x | 17.8x | 0.9x |
| Fri, 20 Jun 2025 | ر.س13.1b | ر.س15.7b | ر.س838.3m | 20.3x | 15.7x | 0.8x |
| Sun, 18 May 2025 | ر.س15.4b | ر.س15.6b | ر.س909.3m | 31x | 16.9x | 1x |
| Tue, 15 Apr 2025 | ر.س15.7b | ر.س15.5b | ر.س922.8m | 30.1x | 17.1x | 1x |
| Thu, 13 Mar 2025 | ر.س16.1b | ر.س15.2b | ر.س869.1m | 31.8x | 18.6x | 1.1x |
| Sat, 08 Feb 2025 | ر.س18.1b | ر.س15.4b | ر.س889.9m | 27.9x | 20.4x | 1.2x |
| Mon, 06 Jan 2025 | ر.س17.3b | ر.س15.4b | ر.س889.9m | 27.4x | 19.4x | 1.1x |
| Wed, 04 Dec 2024 | ر.س16.5b | ر.س15.4b | ر.س862.6m | 35.2x | 19.2x | 1.1x |
| Fri, 01 Nov 2024 | ر.س17.6b | ر.س14.6b | ر.س699.0m | 38.7x | 25.1x | 1.2x |
| Sun, 29 Sep 2024 | ر.س17.4b | ر.س14.6b | ر.س699.0m | 39.5x | 24.9x | 1.2x |
| Tue, 27 Aug 2024 | ر.س17.0b | ر.س14.4b | ر.س696.8m | 38.9x | 24.5x | 1.2x |
| Thu, 25 Jul 2024 | ر.س17.6b | ر.س13.6b | ر.س372.3m | 27.7x | 47.2x | 1.3x |
| Sat, 22 Jun 2024 | ر.س16.9b | ر.س13.5b | ر.س359.8m | 36.9x | 47.1x | 1.3x |
| Mon, 20 May 2024 | ر.س17.7b | ر.س12.8b | ر.س77.0m | 44.3x | 229.6x | 1.4x |
| Wed, 17 Apr 2024 | ر.س17.4b | ر.س12.5b | ر.س27.4m | 44.6x | 635.8x | 1.4x |
| Fri, 15 Mar 2024 | ر.س18.2b | ر.س12.4b | ر.س17.8m | 38.3x | 1024.2x | 1.5x |
| Sun, 11 Feb 2024 | ر.س13.0b | ر.س11.7b | -ر.س161,898,197.00 | 34.1x | -80.3x | 1.1x |
| Tue, 09 Jan 2024 | ر.س12.0b | ر.س11.7b | -ر.س161,898,197.00 | 30.8x | -74.4x | 1x |
| Thu, 07 Dec 2023 | ر.س10.8b | ر.س11.6b | -ر.س235,300,965.00 | 27.4x | -46.1x | 0.9x |
| Sat, 04 Nov 2023 | ر.س10.1b | ر.س11.3b | -ر.س256,370,446.00 | 26.9x | -39.2x | 0.9x |
| Mon, 02 Oct 2023 | ر.س10.5b | ر.س11.3b | -ر.س245,837,554.00 | 27.9x | -42.7x | 0.9x |
| Wed, 30 Aug 2023 | ر.س10.3b | ر.س11.2b | -ر.س249,995,871.00 | 20.7x | -41.1x | 0.9x |
| Fri, 28 Jul 2023 | ر.س10.0b | ر.س10.8b | -ر.س102,279,554.00 | 23.2x | -98.2x | 0.9x |
| Sun, 25 Jun 2023 | ر.س9.2b | ر.س9.9b | -ر.س159,531,461.00 | 23.5x | -57.9x | 0.9x |
| Tue, 23 May 2023 | ر.س8.7b | ر.س9.4b | -ر.س151,268,011.00 | 26.3x | -57.7x | 0.9x |
| Thu, 20 Apr 2023 | ر.س8.2b | ر.س9.5b | -ر.س143,110,011.00 | 21.4x | -57.2x | 0.9x |
| Sat, 18 Mar 2023 | ر.س7.0b | ر.س9.1b | -ر.س178,599,239.00 | 19.9x | -39.2x | 0.8x |
Price to Earnings Ratio
-39.2x
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 11.9x which is higher than its 3-year average PE of 10.8x.
- 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 | 1.70% | |
| Materials | 2.12% | |
| Metals and Mining | -1.04% | |
| Steel | 4.28% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -1.35% | |
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 | |
|---|---|---|---|---|---|
| 2200 Arabian Pipes | ر.س4.90 | 14.5% +ر.س124.0m | -39.2% | PE8.9x | |
| 1321 East Pipes Integrated Company for Industry | ر.س137.10 | 2.9% +ر.س122.9m | -4.3% | PE8.7x | |
| 1320 Saudi Steel Pipes | ر.س38.46 | 6.5% +ر.س118.3m | -36.6% | PE7.4x | |
| 2240 Advanced Building Industries | ر.س36.18 | 3.4% +ر.س70.8m | 27.6% | PE25.4x | |
| 9513 Watani Iron Steel | ر.س1.75 | 16.7% +ر.س45.4m | -22.9% | PE78.1x |