Some Confidence Is Lacking In Ladun Investment Company's (TADAWUL:9535) P/E
Jul 24
Have your own idea? Try our Stock Screener
Saudi Arabian (Tadawul) Real Estate Sector Analysis
UpdatedAug 15, 2025
DataAggregated Company Financials
Companies41
- 7D-3.3%
- 3M-11.5%
- 1Y-6.2%
- YTD-6.7%
Over the last 7 days, the Real Estate industry has dropped 3.3%, driven by declines in Makkah Construction and Development and Umm Al Qura for Development and Construction of 5.0% and 2.4%, respectively. Meanwhile, Red Sea International actually outperformed within the industry, gaining 20% in the last week. The industry has fallen 6.2% in the last year. Looking forward, earnings are forecast to grow by 14% annually.
Sector Valuation and Performance
Has the Saudi Arabian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 15 Aug 2025 | ر.س144.6b | ر.س24.6b | ر.س4.6b | 20.4x | 31.5x | 5.9x |
| Sun, 13 Jul 2025 | ر.س160.5b | ر.س24.4b | ر.س4.3b | 26.1x | 37.1x | 6.6x |
| Tue, 10 Jun 2025 | ر.س175.3b | ر.س26.0b | ر.س5.3b | 26.4x | 32.8x | 6.7x |
| Thu, 08 May 2025 | ر.س188.6b | ر.س24.7b | ر.س3.7b | 28.7x | 51x | 7.6x |
| Sat, 05 Apr 2025 | ر.س195.0b | ر.س24.6b | ر.س3.7b | 26.4x | 52.5x | 7.9x |
| Mon, 03 Mar 2025 | ر.س158.0b | ر.س21.7b | ر.س2.5b | 19.9x | 64.2x | 7.3x |
| Wed, 29 Jan 2025 | ر.س165.0b | ر.س21.5b | ر.س2.5b | 20.6x | 65.5x | 7.7x |
| Fri, 27 Dec 2024 | ر.س142.7b | ر.س21.5b | ر.س2.5b | 20.1x | 56.6x | 6.6x |
| Sun, 24 Nov 2024 | ر.س144.1b | ر.س21.5b | ر.س2.5b | 18.9x | 57.3x | 6.7x |
| Tue, 22 Oct 2024 | ر.س148.0b | ر.س20.3b | ر.س3.3b | 28.3x | 45.3x | 7.3x |
| Thu, 19 Sep 2024 | ر.س144.9b | ر.س20.1b | ر.س3.3b | 22.3x | 44.3x | 7.2x |
| Sat, 17 Aug 2024 | ر.س143.1b | ر.س20.1b | ر.س3.3b | 23.9x | 44x | 7.1x |
| Mon, 15 Jul 2024 | ر.س131.0b | ر.س18.9b | ر.س3.3b | 24.5x | 39.3x | 6.9x |
| Wed, 12 Jun 2024 | ر.س134.7b | ر.س18.4b | ر.س3.3b | 25.1x | 41.3x | 7.3x |
| Fri, 10 May 2024 | ر.س145.8b | ر.س17.1b | ر.س3.4b | 26x | 42.3x | 8.5x |
| Sun, 07 Apr 2024 | ر.س147.1b | ر.س17.1b | ر.س3.0b | 24.6x | 49.1x | 8.6x |
| Tue, 05 Mar 2024 | ر.س128.9b | ر.س15.9b | ر.س2.8b | 26.1x | 46.7x | 8.1x |
| Thu, 01 Feb 2024 | ر.س120.9b | ر.س15.9b | ر.س2.8b | 24.2x | 43.7x | 7.6x |
| Sat, 30 Dec 2023 | ر.س119.4b | ر.س15.8b | ر.س2.7b | 24.6x | 43.5x | 7.5x |
| Mon, 27 Nov 2023 | ر.س116.2b | ر.س15.8b | ر.س2.7b | 23.2x | 42.4x | 7.3x |
| Wed, 25 Oct 2023 | ر.س108.9b | ر.س16.0b | ر.س2.2b | 22.4x | 50.3x | 6.8x |
| Fri, 22 Sep 2023 | ر.س118.0b | ر.س15.9b | ر.س2.3b | 23.2x | 50.9x | 7.4x |
| Sun, 20 Aug 2023 | ر.س125.9b | ر.س15.4b | ر.س2.3b | 21.4x | 55.6x | 8.2x |
| Tue, 18 Jul 2023 | ر.س131.0b | ر.س15.0b | ر.س1.8b | 22.1x | 71.5x | 8.7x |
| Thu, 15 Jun 2023 | ر.س127.4b | ر.س15.2b | ر.س1.9b | 22.2x | 67.1x | 8.4x |
| Sat, 13 May 2023 | ر.س121.5b | ر.س14.9b | ر.س845.6m | 22.8x | 143.7x | 8.2x |
| Mon, 10 Apr 2023 | ر.س117.8b | ر.س14.5b | ر.س2.5b | 23x | 47.6x | 8.1x |
| Wed, 08 Mar 2023 | ر.س109.4b | ر.س14.3b | ر.س2.3b | 23.9x | 47.3x | 7.7x |
| Fri, 03 Feb 2023 | ر.س109.2b | ر.س14.3b | ر.س2.4b | 24.3x | 45.5x | 7.6x |
| Sun, 01 Jan 2023 | ر.س103.0b | ر.س14.3b | ر.س2.4b | 23.7x | 43.1x | 7.2x |
| Tue, 29 Nov 2022 | ر.س109.3b | ر.س14.3b | ر.س2.4b | 25.1x | 46x | 7.6x |
| Thu, 27 Oct 2022 | ر.س122.3b | ر.س13.5b | ر.س1.6b | 28x | 74.2x | 9.1x |
| Sat, 24 Sep 2022 | ر.س117.0b | ر.س13.4b | ر.س1.4b | 26.8x | 85x | 8.7x |
| Mon, 22 Aug 2022 | ر.س120.7b | ر.س12.4b | ر.س1.7b | 25x | 71.5x | 9.7x |
Price to Earnings Ratio
71.5x
Current Industry PE
- Investors are pessimistic on the Saudi Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 31.5x which is lower than its 3-year average PE of 56.3x.
- The 3-year average PS ratio of 7.7x is higher than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 40% per year over the last three years.
- Revenues for these companies have grown 26% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Real Estate sector?
| SA Market | -1.00% | |
| Real Estate | -3.33% | |
| Industrial REITs | 0% | 0 |
| Specialized REITs | -0.83% | |
| Retail REITs | -1.10% | |
| REITS | -1.66% | |
| Real Estate | -3.52% | |
| Hotel and Resort REITs | -3.64% | |
Industry PE
- Investors are most optimistic about the Retail REITs industry which is trading above its 3-year average PE ratio of 28.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 14% over the next 5 years.
- However this is lower than its past earnings growth rate of 19% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4230 Red Sea International | ر.س46.00 | 19.8% +ر.س229.8m | 55.9% | PS0.5x | |
| 4150 Arriyadh Development | ر.س32.70 | 2.4% +ر.س182.5m | 29.0% | PE31.7x | |
| 9535 Ladun Investment | ر.س3.14 | 4.7% +ر.س70.0m | -9.0% | PE25.4x | |
| 4338 Alahli Capital - Al-Ahli Reit Fund | ر.س6.97 | 0.7% +ر.س6.9m | -5.6% | PB0.8x | |
| 9300 Alwaha REIT Fund | ر.س11.00 | 0.9% +ر.س1.5m | -8.8% | n/a |