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Saudi Arabian (Tadawul) Market Analysis & Valuation

UpdatedMay 08, 2025
DataAggregated Company Financials
Companies365
  • 7D-2.2%
  • 3M-9.7%
  • 1Y-14.8%
  • YTD-9.4%

Over the last 7 days, the market has dropped 2.2%, driven by losses in every sector, especially the Energy sector. As for last year, the market is also down 15%. Looking forward, earnings are forecast to grow by 7.1% annually.

Market Valuation and Performance

Has the Saudi Arabian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 May 2025ر.س9.3tر.س2.9tر.س547.6b21.7x17.1x3.3x
Sat, 05 Apr 2025ر.س9.8tر.س2.9tر.س543.5b22.4x18x3.4x
Mon, 03 Mar 2025ر.س10.0tر.س2.9tر.س568.2b23x17.6x3.5x
Wed, 29 Jan 2025ر.س10.3tر.س2.9tر.س552.3b24.9x18.7x3.6x
Fri, 27 Dec 2024ر.س10.2tر.س2.9tر.س552.1b23.2x18.4x3.6x
Sun, 24 Nov 2024ر.س10.2tر.س2.9tر.س551.7b23.7x18.4x3.6x
Tue, 22 Oct 2024ر.س10.0tر.س2.9tر.س571.9b25.8x17.6x3.5x
Thu, 19 Sep 2024ر.س10.0tر.س2.9tر.س571.2b25.5x17.5x3.5x
Sat, 17 Aug 2024ر.س10.2tر.س2.9tر.س571.0b25.3x17.9x3.6x
Mon, 15 Jul 2024ر.س10.2tر.س2.8tر.س567.5b25.5x17.9x3.6x
Wed, 12 Jun 2024ر.س10.2tر.س2.8tر.س567.0b26.1x18x3.6x
Fri, 10 May 2024ر.س10.7tر.س2.8tر.س566.0b27.6x18.9x3.8x
Sun, 07 Apr 2024ر.س10.9tر.س2.8tر.س577.7b27.2x18.9x3.9x
Tue, 05 Mar 2024ر.س11.0tر.س2.9tر.س605.5b26.8x18.2x3.9x
Thu, 01 Feb 2024ر.س10.7tر.س2.9tر.س604.6b24.8x17.6x3.7x
Sat, 30 Dec 2023ر.س11.2tر.س2.8tر.س604.4b24.7x18.6x3.9x
Mon, 27 Nov 2023ر.س11.1tر.س2.8tر.س604.4b23.5x18.3x3.9x
Wed, 25 Oct 2023ر.س10.8tر.س3.0tر.س636.9b22.4x17x3.6x
Fri, 22 Sep 2023ر.س11.2tر.س3.0tر.س636.4b24.5x17.5x3.8x
Sun, 20 Aug 2023ر.س11.5tر.س3.0tر.س635.8b25.7x18.1x3.9x
Tue, 18 Jul 2023ر.س11.0tر.س3.2tر.س715.4b26.5x15.4x3.5x
Thu, 15 Jun 2023ر.س11.0tر.س3.2tر.س714.2b26.8x15.4x3.5x
Sat, 13 May 2023ر.س11.2tر.س3.2tر.س730.3b25x15.3x3.5x
Mon, 10 Apr 2023ر.س10.1tر.س3.2tر.س755.9b23.9x13.4x3.1x
Wed, 08 Mar 2023ر.س9.8tر.س3.2tر.س753.1b24.4x13.1x3.1x
Fri, 03 Feb 2023ر.س10.0tر.س3.2tر.س750.3b24.2x13.4x3.1x
Sun, 01 Jan 2023ر.س9.9tر.س3.2tر.س750.1b23.9x13.2x3.1x
Tue, 29 Nov 2022ر.س9.9tر.س3.2tر.س748.2b24.9x13.2x3.1x
Thu, 27 Oct 2022ر.س10.8tر.س2.9tر.س699.7b27.7x15.5x3.7x
Sat, 24 Sep 2022ر.س10.9tر.س2.9tر.س699.4b26.8x15.6x3.7x
Mon, 22 Aug 2022ر.س11.9tر.س2.9tر.س700.1b26.8x16.9x4.1x
Wed, 20 Jul 2022ر.س10.9tر.س2.6tر.س607.5b25x18x4.2x
Fri, 17 Jun 2022ر.س11.5tر.س2.6tر.س606.7b26.4x19x4.5x
Sun, 15 May 2022ر.س11.4tر.س2.3tر.س541.6b28x21x4.9x
Price to Earnings Ratio

21x


Total Market Cap: ر.س11.4tTotal Earnings: ر.س541.6bTotal Revenue: ر.س2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Market Price to Earnings3Y Average 17x202320242025
Current Market PE
  • Investors are relatively neutral on the Saudi market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.0x.
Past Earnings Growth
  • The earnings for Saudi listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 7.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Saudi Arabian Market?

SA Market-2.15%
Industrials-0.87%
Tech-0.91%
Materials-1.48%
Consumer Staples-1.50%
Real Estate-1.91%
Financials-1.98%
Energy-2.01%
Healthcare-2.33%
Consumer Discretionary-3.18%
Telecom-3.82%
Utilities-6.05%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 84.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.1%, which is higher than its past year's earnings growth of 2.7% per year.
  • The Consumer Staples sector is the least preferred by investors for future growth, which is trading below its 3-year average of 28.0x.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 2.7% per year.
  • In contrast, the Consumer Staples industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
1211 Saudi Arabian Mining Company (Ma'aden)ر.س50.701.5%
+ر.س2.8b
0.2%PE67xMaterials
1060 Saudi Awwal Bankر.س34.503.9%
+ر.س2.7b
-14.6%PB1xFinancials
1180 Saudi National Bankر.س35.150.7%
+ر.س1.5b
-2.1%PB1.1xFinancials
7203 Elmر.س1.04k1.4%
+ر.س1.1b
15.2%PE44.2xTech
8210 Bupa Arabia for Cooperative Insuranceر.س178.204.2%
+ر.س1.1b
-34.2%PE22.8xFinancials
See more
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Latest News

7010

ر.س45.50

Saudi Telecom

7D

-3.2%

1Y

18.3%

1211

ر.س50.70

Saudi Arabian Mining Company (Ma'aden)

7D

1.5%

1Y

0.2%

4002

ر.س76.40

Mouwasat Medical Services

7D

5.7%

1Y

-43.6%

1080

ر.س21.66

Arab National Bank

7D

2.0%

1Y

-2.4%

1060

ر.س34.50

Saudi Awwal Bank

7D

3.9%

1Y

-14.6%

1010

ر.س29.10

Riyad Bank

7D

-4.0%

1Y

10.0%

7020

ر.س58.40

Etihad Etisalat

7D

-7.3%

1Y

15.2%

4325

ر.س23.80

Umm Al Qura for Development and Construction

7D

-5.7%

1Y

n/a

2010

ر.س58.80

Saudi Basic Industries

7D

-4.1%

1Y

-26.5%

7203

ر.س1,040.00

Elm

7D

1.4%

1Y

15.2%

8210

ر.س178.20

Bupa Arabia for Cooperative Insurance

7D

4.2%

1Y

-34.2%