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Saudi Steel Pipe Co (SAU:1320) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Saudi Steel Pipe Co Forward PE Ratio Related Terms
Saudi Steel Pipe Co Forward PE Ratio Historical Data
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The historical data trend for Saudi Steel Pipe Co's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Saudi Steel Pipe Co Forward PE Ratio Chart
Saudi Steel Pipe Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
13.05
10.69
Saudi Steel Pipe Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
13.05
14.15
13.38
12.01
10.69
12.76
SAU:1320 vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Saudi Steel Pipe Co's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Saudi Steel Pipe Co Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Saudi Steel Pipe Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Saudi Steel Pipe Co's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Saudi Steel Pipe Co (SAU:1320) has a Forward PE Ratio of 16.62 as of Sep. 07, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Saudi Steel Pipe Co and its competitors. According to the industry distribution chart, Saudi Steel Pipe Co ranks #127 out of 177 companies in the Steel industry, placing it in the top 71.8%.
Is Saudi Steel Pipe Co's Forward PE Ratio too high?
Saudi Steel Pipe Co's current Forward PE Ratio is 16.62. The Steel industry median Forward PE Ratio is 12.36. Saudi Steel Pipe Co's value of 16.62 is 34.5% above this industry median. Based on the distribution chart, Saudi Steel Pipe Co ranks #127 out of 177 companies in the Steel industry, which is below the industry midpoint. Overall, Saudi Steel Pipe Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saudi Steel Pipe Co's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Saudi Steel Pipe Co ranks #127 out of 177 companies for Forward PE Ratio. This places Saudi Steel Pipe Co in the lower half of its industry. The industry median Forward PE Ratio is 12.36. Saudi Steel Pipe Co's value of 16.62 is 34.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Steel company?
The median Forward PE Ratio among Steel companies is 12.36, based on 177 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saudi Steel Pipe Co's current Forward PE Ratio of 16.62 is 34.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Saudi Steel Pipe Co and its competitors. For the Steel industry, the median Forward PE Ratio is 12.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Steel Pipe Co's current Forward PE Ratio is 16.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Steel Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Steel Pipe Co (SAU:1320) is currently considered Modestly Overvalued. The stock's GF Value™ is ﷼50.07, compared to a current price of ﷼55.50 — trading 10.8% above its estimated fair value. The current Forward PE Ratio is 16.62 and 34.5% above the Steel industry median of 12.36. Saudi Steel Pipe Co's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Saudi Steel Pipe Co (SAU:1320), the current Forward PE Ratio is 16.62 as of Sep. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Saudi Steel Pipe Co (SAU:1320) Overvalued in 2026?
Based on GuruFocus' analysis, Saudi Steel Pipe Co stock appears to be overvalued.
The current stock price of ﷼55.50 is trading 10.8% above its estimated GF Value™ of ﷼50.07.
GuruFocus considers Saudi Steel Pipe Co to be Modestly Overvalued.
Key valuation signals for SAU:1320:
Forward PE Ratio: 16.62
GF Value™: ﷼50.07 vs. price of ﷼55.50 (10.8% above fair value)
Industry Position: 34.5% above the Steel median (#127 of 177)
No single metric tells the full story. See the SAU:1320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. The group operates in single segment, being the Steel pipes segment which provides galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water, and construction sectors. The company has a market presence in two segments namely Saudi Arabia and Other countries with the majority of the revenue generated from Saudi Arabia.
82GF Score
Get the complete analysis for SAU:1320
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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