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Saudi Arabian (Tadawul) Market Analysis & Valuation

UpdatedMay 02, 2025
DataAggregated Company Financials
Companies364
  • 7D-2.1%
  • 3M-8.7%
  • 1Y-13.3%
  • YTD-8.2%

Over the last 7 days, the market has dropped 2.1%, driven by a loss of 2.3% in the Energy sector. The market has dropped 13% in the last year. Earnings are forecast to grow by 7.3% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 May 2025ر.س9.5tر.س2.9tر.س546.6b22x17.3x3.3x
Sun, 30 Mar 2025ر.س9.9tر.س2.9tر.س543.7b23x18.3x3.5x
Tue, 25 Feb 2025ر.س10.1tر.س2.9tر.س556.2b23.9x18.2x3.5x
Thu, 23 Jan 2025ر.س10.3tر.س2.9tر.س552.3b24.4x18.7x3.6x
Sat, 21 Dec 2024ر.س10.4tر.س2.9tر.س552.1b23.3x18.8x3.6x
Mon, 18 Nov 2024ر.س10.1tر.س2.9tر.س551.6b24.3x18.3x3.5x
Wed, 16 Oct 2024ر.س10.0tر.س2.9tر.س571.7b25.3x17.6x3.5x
Fri, 13 Sep 2024ر.س10.0tر.س2.9tر.س571.1b25.5x17.5x3.5x
Sun, 11 Aug 2024ر.س10.0tر.س2.9tر.س569.2b24.3x17.6x3.5x
Tue, 09 Jul 2024ر.س10.1tر.س2.8tر.س567.4b25.8x17.8x3.6x
Thu, 06 Jun 2024ر.س10.1tر.س2.8tر.س566.8b25.4x17.9x3.6x
Sat, 04 May 2024ر.س10.7tر.س2.8tر.س579.7b27.6x18.5x3.8x
Mon, 01 Apr 2024ر.س11.0tر.س2.8tر.س578.1b27.8x19x3.9x
Wed, 28 Feb 2024ر.س11.2tر.س2.9tر.س605.7b27.2x18.5x3.9x
Fri, 26 Jan 2024ر.س11.0tر.س2.9tر.س604.6b25.4x18.2x3.9x
Sun, 24 Dec 2023ر.س11.1tر.س2.8tر.س604.4b23.8x18.4x3.9x
Tue, 21 Nov 2023ر.س11.1tر.س2.8tر.س604.3b23.5x18.4x3.9x
Thu, 19 Oct 2023ر.س11.0tر.س3.0tر.س636.9b23.7x17.2x3.7x
Sat, 16 Sep 2023ر.س11.1tر.س3.0tر.س636.4b24.5x17.5x3.7x
Mon, 14 Aug 2023ر.س11.3tر.س3.0tر.س640.0b25.8x17.6x3.8x
Wed, 12 Jul 2023ر.س11.0tر.س3.2tر.س715.4b26x15.3x3.4x
Fri, 09 Jun 2023ر.س10.9tر.س3.2tر.س713.1b26.9x15.3x3.4x
Sun, 07 May 2023ر.س10.7tر.س3.3tر.س754.6b24.7x14.2x3.3x
Tue, 04 Apr 2023ر.س10.1tر.س3.2tر.س758.2b24.6x13.3x3.1x
Thu, 02 Mar 2023ر.س9.7tر.س3.2tر.س752.6b23.5x12.9x3x
Sat, 28 Jan 2023ر.س10.1tر.س3.2tر.س750.2b24.4x13.5x3.2x
Mon, 26 Dec 2022ر.س9.6tر.س3.2tر.س748.6b23.6x12.9x3x
Wed, 23 Nov 2022ر.س10.2tر.س3.2tر.س748.3b25x13.7x3.2x
Fri, 21 Oct 2022ر.س11.0tر.س2.9tر.س699.8b27.7x15.8x3.8x
Sun, 18 Sep 2022ر.س11.1tر.س2.9tر.س699.4b26.8x15.9x3.8x
Tue, 16 Aug 2022ر.س12.1tر.س2.6tر.س617.2b27.1x19.5x4.6x
Thu, 14 Jul 2022ر.س11.1tر.س2.6tر.س607.5b25.6x18.3x4.3x
Sat, 11 Jun 2022ر.س12.1tر.س2.6tر.س606.8b28x19.9x4.7x
Mon, 09 May 2022ر.س12.7tر.س2.3tر.س538.6b29.1x23.6x5.5x
Price to Earnings Ratio

23.6x


Total Market Cap: ر.س12.7tTotal Earnings: ر.س538.6bTotal Revenue: ر.س2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Market Price to Earnings3Y Average 17.1x202320242025
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 17.1x.
Past Earnings Growth
  • The earnings for Saudi listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 7.2% 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-2.07%
Healthcare0.68%
Materials0.19%
Industrials-0.13%
Real Estate-0.92%
Consumer Discretionary-1.19%
Telecom-1.40%
Consumer Staples-1.98%
Energy-2.31%
Financials-2.43%
Tech-2.87%
Utilities-3.96%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 80.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.8%, 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 28.2x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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.س49.956.3%
+ر.س11.2b
0.4%PE66xMaterials
4325 Umm Al Qura for Development and Constructionر.س25.258.2%
+ر.س2.5b
n/aPE66.2xReal Estate
8010 Company for Cooperative Insuranceر.س146.006.9%
+ر.س1.4b
-9.2%PE21.4xFinancials
4015 Jamjoom Pharmaceuticals Factoryر.س170.0012.9%
+ر.س1.4b
28.0%PE33.4xHealthcare
4013 Dr. Sulaiman Al Habib Medical Services Groupر.س289.001.3%
+ر.س1.3b
-7.3%PE43.7xHealthcare
See more
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Latest News

2222

ر.س25.20

Saudi Arabian Oil

7D

-2.3%

1Y

-15.9%

1120

ر.س96.50

Al Rajhi Banking and Investment

7D

-1.7%

1Y

20.9%

8010

ر.س146.00

Company for Cooperative Insurance

7D

6.9%

1Y

-9.2%

4015

ر.س170.00

Jamjoom Pharmaceuticals Factory

7D

12.9%

1Y

28.0%

7010

ر.س47.00

Saudi Telecom

7D

-2.1%

1Y

26.0%

1150

ر.س28.70

Alinma Bank

7D

-4.3%

1Y

-11.0%

8200

ر.س48.50

Saudi Reinsurance

7D

10.9%

1Y

76.4%

4325

ر.س25.25

Umm Al Qura for Development and Construction

7D

8.2%

1Y

n/a

1060

ر.س33.20

Saudi Awwal Bank

7D

-6.2%

1Y

-19.8%

4071

ر.س129.80

Arabian Contracting Services

7D

9.8%

1Y

-34.2%

1211

ر.س49.95

Saudi Arabian Mining Company (Ma'aden)

7D

6.3%

1Y

0.4%