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Saudi Arabian (Tadawul) Steel Industry Analysis
UpdatedMar 27, 2026
DataAggregated Company Financials
Companies13
- 7D5.7%
- 3M4.3%
- 1Y-9.7%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably Saudi Steel Pipes gained 8.0%. As for the longer term, the industry has declined 11% in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.
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, 27 Mar 2026 | ر.س14.8b | ر.س16.9b | ر.س1.1b | 19.3x | 13.7x | 0.9x |
| Sun, 22 Feb 2026 | ر.س14.8b | ر.س16.4b | ر.س1.1b | 23.5x | 13.5x | 0.9x |
| Tue, 20 Jan 2026 | ر.س14.6b | ر.س15.7b | ر.س901.8m | 31.8x | 16.1x | 0.9x |
| Thu, 18 Dec 2025 | ر.س14.1b | ر.س15.7b | ر.س891.8m | 29.3x | 15.8x | 0.9x |
| Sat, 15 Nov 2025 | ر.س15.2b | ر.س15.9b | ر.س896.6m | 32.7x | 17x | 1x |
| Mon, 13 Oct 2025 | ر.س15.5b | ر.س15.9b | ر.س863.6m | 32.4x | 17.9x | 1x |
| Wed, 10 Sep 2025 | ر.س13.7b | ر.س16.0b | ر.س864.0m | 31.5x | 15.8x | 0.9x |
| Fri, 08 Aug 2025 | ر.س14.3b | ر.س15.7b | ر.س825.5m | 31x | 17.3x | 0.9x |
| Sun, 06 Jul 2025 | ر.س15.2b | ر.س15.8b | ر.س829.1m | 30.7x | 18.4x | 1x |
| Tue, 03 Jun 2025 | ر.س14.6b | ر.س15.3b | ر.س808.6m | 29.9x | 18x | 1x |
| Thu, 01 May 2025 | ر.س15.7b | ر.س15.5b | ر.س919.8m | 30.6x | 17x | 1x |
| Sat, 29 Mar 2025 | ر.س16.3b | ر.س15.5b | ر.س916.8m | 39.2x | 17.8x | 1.1x |
| Mon, 24 Feb 2025 | ر.س17.7b | ر.س15.2b | ر.س891.6m | 35.3x | 19.8x | 1.2x |
| Wed, 22 Jan 2025 | ر.س18.4b | ر.س15.4b | ر.س889.9m | 28.8x | 20.6x | 1.2x |
| Fri, 20 Dec 2024 | ر.س16.8b | ر.س15.4b | ر.س862.6m | 36.1x | 19.4x | 1.1x |
| Sun, 17 Nov 2024 | ر.س16.2b | ر.س15.4b | ر.س837.5m | 36x | 19.4x | 1.1x |
| Tue, 15 Oct 2024 | ر.س16.7b | ر.س14.6b | ر.س699.0m | 39.5x | 23.9x | 1.1x |
| Thu, 12 Sep 2024 | ر.س16.7b | ر.س14.6b | ر.س699.0m | 38.7x | 23.8x | 1.1x |
| Sat, 10 Aug 2024 | ر.س16.0b | ر.س13.9b | ر.س591.6m | 24.8x | 27.1x | 1.2x |
| Mon, 08 Jul 2024 | ر.س18.1b | ر.س13.5b | ر.س361.2m | 34.5x | 50x | 1.3x |
| Wed, 05 Jun 2024 | ر.س17.0b | ر.س13.5b | ر.س351.6m | 37.9x | 48.5x | 1.3x |
| Fri, 03 May 2024 | ر.س17.6b | ر.س12.5b | ر.س27.4m | 46.8x | 644.6x | 1.4x |
| Sun, 31 Mar 2024 | ر.س16.7b | ر.س12.4b | ر.س18.9m | 31.5x | 883x | 1.4x |
| Tue, 27 Feb 2024 | ر.س14.5b | ر.س11.9b | -ر.س90,449,597.00 | 37.6x | -160.7x | 1.2x |
| Thu, 25 Jan 2024 | ر.س12.4b | ر.س11.7b | -ر.س161,898,197.00 | 32.2x | -76.4x | 1.1x |
| Sat, 23 Dec 2023 | ر.س11.3b | ر.س11.6b | -ر.س235,300,965.00 | 27.6x | -48.2x | 1x |
| Mon, 20 Nov 2023 | ر.س10.3b | ر.س11.6b | -ر.س235,300,965.00 | 26.2x | -43.9x | 0.9x |
| Wed, 18 Oct 2023 | ر.س9.9b | ر.س11.3b | -ر.س256,370,446.00 | 27.4x | -38.8x | 0.9x |
| Fri, 15 Sep 2023 | ر.س10.7b | ر.س11.2b | -ر.س249,995,901.00 | 21.4x | -42.7x | 1x |
| Sun, 13 Aug 2023 | ر.س10.2b | ر.س10.7b | -ر.س174,993,881.00 | 26.9x | -58.3x | 1x |
| Tue, 11 Jul 2023 | ر.س9.9b | ر.س10.2b | -ر.س151,832,195.00 | 28.7x | -64.9x | 1x |
| Thu, 08 Jun 2023 | ر.س9.3b | ر.س9.9b | -ر.س159,531,461.00 | 23.9x | -58.5x | 0.9x |
| Sat, 06 May 2023 | ر.س8.4b | ر.س9.5b | -ر.س143,110,011.00 | 22x | -58.5x | 0.9x |
| Mon, 03 Apr 2023 | ر.س7.7b | ر.س9.1b | -ر.س178,599,239.00 | 22.5x | -43.3x | 0.9x |
Price to Earnings Ratio
-43.3x
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 13.0x which is higher than its 3-year average PE of 11.5x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.87x.
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 | 0.31% | |
| Materials | -1.21% | |
| Metals and Mining | -6.59% | |
| Steel | 5.69% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -7.25% | |
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.س151.00 | 6.8% +ر.س302.4m | 0.8% | PE9.6x | |
| 1320 Saudi Steel Pipes | ر.س41.04 | 8.8% +ر.س167.8m | -33.2% | PE10.8x | |
| 2200 Arabian Pipes | ر.س5.43 | 13.4% +ر.س128.0m | -31.4% | PE9.8x | |
| 2240 Advanced Building Industries | ر.س36.16 | 3.3% +ر.س69.6m | 10.6% | PE25.4x | |
| 1304 Al Yamamah Steel Industries | ر.س35.20 | 2.3% +ر.س40.6m | 6.2% | PE19.3x |