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Saudi Arabian (Tadawul) Steel Industry Analysis
UpdatedMar 09, 2026
DataAggregated Company Financials
Companies13
- 7D4.9%
- 3M1.7%
- 1Y-8.8%
- YTDn/a
Saudi Steel Pipes is up 6.1%, leading the way for the Steel industry, which has gained 4.9%. In the past year, the industry is down 8.8%. As for the next few years, earnings are forecast to decline by 4.1% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 10 Mar 2026 | ر.س14.1b | ر.س16.5b | ر.س1.2b | 23.4x | 11.9x | 0.9x |
| Thu, 05 Feb 2026 | ر.س15.9b | ر.س16.3b | ر.س1.1b | 31.1x | 14.9x | 1x |
| Sat, 03 Jan 2026 | ر.س14.1b | ر.س15.7b | ر.س901.8m | 27.5x | 15.6x | 0.9x |
| Mon, 01 Dec 2025 | ر.س14.0b | ر.س15.8b | ر.س880.4m | 31.7x | 15.9x | 0.9x |
| Wed, 29 Oct 2025 | ر.س16.0b | ر.س15.9b | ر.س863.6m | 35.2x | 18.6x | 1x |
| Fri, 26 Sep 2025 | ر.س14.7b | ر.س15.9b | ر.س863.6m | 33x | 17x | 0.9x |
| Sun, 24 Aug 2025 | ر.س14.3b | ر.س15.7b | ر.س876.5m | 32.1x | 16.3x | 0.9x |
| Tue, 22 Jul 2025 | ر.س14.9b | ر.س15.8b | ر.س829.1m | 30.5x | 18x | 0.9x |
| Thu, 19 Jun 2025 | ر.س13.1b | ر.س15.7b | ر.س838.3m | 20.3x | 15.7x | 0.8x |
| Sat, 17 May 2025 | ر.س15.4b | ر.س15.4b | ر.س901.5m | 29.2x | 17.1x | 1x |
| Mon, 14 Apr 2025 | ر.س15.4b | ر.س15.5b | ر.س922.8m | 30.2x | 16.7x | 1x |
| Wed, 12 Mar 2025 | ر.س15.7b | ر.س15.2b | ر.س869.1m | 31.2x | 18.1x | 1x |
| Fri, 07 Feb 2025 | ر.س18.1b | ر.س15.4b | ر.س889.9m | 27.9x | 20.4x | 1.2x |
| Sun, 05 Jan 2025 | ر.س17.0b | ر.س15.4b | ر.س889.9m | 25.8x | 19.1x | 1.1x |
| Tue, 03 Dec 2024 | ر.س16.5b | ر.س15.4b | ر.س862.6m | 34.7x | 19.1x | 1.1x |
| Thu, 31 Oct 2024 | ر.س17.6b | ر.س14.6b | ر.س699.0m | 38.7x | 25.1x | 1.2x |
| Sat, 28 Sep 2024 | ر.س17.4b | ر.س14.6b | ر.س699.0m | 39.5x | 24.9x | 1.2x |
| Mon, 26 Aug 2024 | ر.س17.0b | ر.س14.4b | ر.س696.8m | 38.9x | 24.4x | 1.2x |
| Wed, 24 Jul 2024 | ر.س17.6b | ر.س13.6b | ر.س372.3m | 27.8x | 47.3x | 1.3x |
| Fri, 21 Jun 2024 | ر.س16.9b | ر.س13.5b | ر.س359.8m | 36.9x | 47.1x | 1.3x |
| Sun, 19 May 2024 | ر.س17.7b | ر.س12.8b | ر.س77.0m | 45.1x | 229.6x | 1.4x |
| Tue, 16 Apr 2024 | ر.س17.3b | ر.س12.5b | ر.س27.4m | 45.4x | 632.9x | 1.4x |
| Thu, 14 Mar 2024 | ر.س18.1b | ر.س12.3b | -ر.س6,359,405.00 | 38x | -2846.3x | 1.5x |
| Sat, 10 Feb 2024 | ر.س13.0b | ر.س11.7b | -ر.س161,898,197.00 | 34.1x | -80.3x | 1.1x |
| Mon, 08 Jan 2024 | ر.س12.0b | ر.س11.7b | -ر.س161,898,197.00 | 29.9x | -74.2x | 1x |
| Wed, 06 Dec 2023 | ر.س10.8b | ر.س11.6b | -ر.س235,300,965.00 | 27.1x | -45.8x | 0.9x |
| Fri, 03 Nov 2023 | ر.س10.0b | ر.س11.3b | -ر.س256,370,446.00 | 26.9x | -39.2x | 0.9x |
| Sun, 01 Oct 2023 | ر.س10.5b | ر.س11.3b | -ر.س245,837,554.00 | 27.5x | -42.7x | 0.9x |
| Tue, 29 Aug 2023 | ر.س10.3b | ر.س11.2b | -ر.س249,995,871.00 | 20.7x | -41.3x | 0.9x |
| Thu, 27 Jul 2023 | ر.س9.9b | ر.س10.8b | -ر.س102,279,554.00 | 23x | -97.2x | 0.9x |
| Sat, 24 Jun 2023 | ر.س9.2b | ر.س9.9b | -ر.س159,531,461.00 | 23.5x | -57.9x | 0.9x |
| Mon, 22 May 2023 | ر.س8.7b | ر.س9.4b | -ر.س151,268,011.00 | 24.8x | -57.7x | 0.9x |
| Wed, 19 Apr 2023 | ر.س8.2b | ر.س9.5b | -ر.س143,110,011.00 | 21.4x | -57.2x | 0.9x |
| Fri, 17 Mar 2023 | ر.س7.0b | ر.س9.1b | -ر.س178,599,239.00 | 19.9x | -39.3x | 0.8x |
Price to Earnings Ratio
-39.3x
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 | 4.72% | |
| Materials | 8.38% | |
| Metals and Mining | 3.66% | |
| Steel | 4.92% | |
| Diversified Metals and Mining | 3.58% | |
| 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 | |
|---|---|---|---|---|---|
| 1320 Saudi Steel Pipes | ر.س38.42 | 6.1% +ر.س112.2m | -37.0% | PE7.4x | |
| 2200 Arabian Pipes | ر.س4.94 | 10.8% +ر.س96.0m | -38.8% | PE8.9x | |
| 1321 East Pipes Integrated Company for Industry | ر.س136.50 | 1.4% +ر.س59.9m | -3.6% | PE8.7x | |
| 2240 Advanced Building Industries | ر.س35.68 | 2.1% +ر.س43.2m | 28.3% | PE25.1x | |
| 1301 United Wire Factories | ر.س16.85 | 8.0% +ر.س35.1m | -32.9% | PE80.3x |