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 05, 2025
DataAggregated Company Financials
Companies13
- 7D-3.0%
- 3M7.4%
- 1Y-10.1%
- YTDn/a
Over the last 7 days, the Steel industry has risen 1.4%, driven by gains in Advanced Building Industries and East Pipes Integrated Company for Industry of 10.0% and 4.3%, respectively. In the past year, the industry is down 9.9%. Earnings are forecast to grow by 6.1% 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 |
|---|---|---|---|---|---|---|
| Wed, 05 Nov 2025 | ر.س15.6b | ر.س15.9b | ر.س863.6m | 34.3x | 18.1x | 1x |
| Fri, 03 Oct 2025 | ر.س15.2b | ر.س15.9b | ر.س863.6m | 31.6x | 17.6x | 1x |
| Sun, 31 Aug 2025 | ر.س14.1b | ر.س15.7b | ر.س876.5m | 31.9x | 16.1x | 0.9x |
| Tue, 29 Jul 2025 | ر.س14.5b | ر.س15.8b | ر.س829.1m | 30.6x | 17.5x | 0.9x |
| Thu, 26 Jun 2025 | ر.س14.5b | ر.س15.7b | ر.س838.3m | 21.2x | 17.3x | 0.9x |
| Sat, 24 May 2025 | ر.س15.2b | ر.س15.6b | ر.س902.6m | 30.5x | 16.8x | 1x |
| Mon, 21 Apr 2025 | ر.س15.4b | ر.س15.5b | ر.س919.9m | 29.9x | 16.7x | 1x |
| Wed, 19 Mar 2025 | ر.س15.9b | ر.س15.2b | ر.س869.1m | 31.7x | 18.3x | 1.1x |
| Fri, 14 Feb 2025 | ر.س18.6b | ر.س15.4b | ر.س916.6m | 26.3x | 20.3x | 1.2x |
| Sun, 12 Jan 2025 | ر.س17.2b | ر.س15.4b | ر.س889.9m | 27.4x | 19.3x | 1.1x |
| Tue, 10 Dec 2024 | ر.س16.8b | ر.س15.4b | ر.س862.6m | 35.6x | 19.5x | 1.1x |
| Thu, 07 Nov 2024 | ر.س17.3b | ر.س14.6b | ر.س697.9m | 39x | 24.8x | 1.2x |
| Sat, 05 Oct 2024 | ر.س16.8b | ر.س14.6b | ر.س699.0m | 39.6x | 24x | 1.2x |
| Mon, 02 Sep 2024 | ر.س17.1b | ر.س14.4b | ر.س696.8m | 39.3x | 24.6x | 1.2x |
| Wed, 31 Jul 2024 | ر.س17.4b | ر.س13.6b | ر.س372.3m | 27.5x | 46.7x | 1.3x |
| Fri, 28 Jun 2024 | ر.س17.0b | ر.س13.5b | ر.س359.8m | 35.8x | 47.3x | 1.3x |
| Sun, 26 May 2024 | ر.س16.9b | ر.س13.2b | ر.س211.4m | 39.8x | 80x | 1.3x |
| Tue, 23 Apr 2024 | ر.س17.7b | ر.س12.5b | ر.س27.4m | 45.9x | 647.9x | 1.4x |
| Thu, 21 Mar 2024 | ر.س17.8b | ر.س12.4b | ر.س17.8m | 37.3x | 999.7x | 1.4x |
| Sat, 17 Feb 2024 | ر.س13.6b | ر.س11.7b | -ر.س161,898,197.00 | 37.8x | -84.2x | 1.2x |
| Mon, 15 Jan 2024 | ر.س12.1b | ر.س11.7b | -ر.س161,898,197.00 | 30.7x | -74.7x | 1x |
| Wed, 13 Dec 2023 | ر.س11.1b | ر.س11.6b | -ر.س235,300,965.00 | 28.1x | -47x | 1x |
| Fri, 10 Nov 2023 | ر.س10.2b | ر.س11.4b | -ر.س217,921,966.00 | 26.4x | -46.9x | 0.9x |
| Sun, 08 Oct 2023 | ر.س10.3b | ر.س11.3b | -ر.س257,010,537.00 | 28.6x | -40.2x | 0.9x |
| Tue, 05 Sep 2023 | ر.س10.2b | ر.س11.2b | -ر.س249,995,871.00 | 20.4x | -40.9x | 0.9x |
| Thu, 03 Aug 2023 | ر.س9.8b | ر.س10.8b | -ر.س102,279,554.00 | 22.5x | -96x | 0.9x |
| Sat, 01 Jul 2023 | ر.س9.2b | ر.س9.9b | -ر.س159,531,461.00 | 23.5x | -57.9x | 0.9x |
| Mon, 29 May 2023 | ر.س9.1b | ر.س9.6b | -ر.س136,342,646.00 | 26.3x | -66.5x | 0.9x |
| Wed, 26 Apr 2023 | ر.س8.2b | ر.س9.5b | -ر.س143,110,011.00 | 21.5x | -57.4x | 0.9x |
| Fri, 24 Mar 2023 | ر.س7.2b | ر.س9.1b | -ر.س178,599,239.00 | 20.3x | -40.4x | 0.8x |
| Sun, 19 Feb 2023 | ر.س7.5b | ر.س8.7b | -ر.س244,963,047.00 | 24.1x | -30.5x | 0.9x |
| Tue, 17 Jan 2023 | ر.س7.3b | ر.س8.7b | -ر.س244,963,047.00 | 20.6x | -29.8x | 0.8x |
| Thu, 15 Dec 2022 | ر.س6.6b | ر.س8.7b | -ر.س113,068,038.00 | 17.7x | -58.3x | 0.8x |
| Sat, 12 Nov 2022 | ر.س7.5b | ر.س8.5b | -ر.س157,724,814.00 | 29.9x | -47.3x | 0.9x |
Price to Earnings Ratio
-47.3x
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 18.4x which is higher than its 3-year average PE of 4.2x.
- 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 | -1.19% | |
| Materials | -2.46% | |
| Metals and Mining | -2.74% | |
| Steel | -2.98% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -2.75% | |
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.س37.16 | 4.1% +ر.س88.8m | 29.7% | PE34.7x | |
| 9563 BENA Steel Industries | ر.س34.64 | 9.9% +ر.س18.7m | -10.0% | PE31.3x |
