2370.SR
Price:
$35.5
Market Cap:
$1.42B
Middle East Specialized Cables Company, together with its subsidiaries, manufactures and sells fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables in Saudi Arabia and the United Arab Emirates. The company offers instrumentation and process cables for use in oil, gas and petrochemical, automation and process control, and marine and offshore industries; building wires that are used in new constructions; power and control cables that are used in construction and industrial applications; and data and communication cables, such as co-axial, LAN, computer, telephone, and system cables. It also manufactures PVC compounds f...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2010-03-04
Stock Exchange
SAU
Ticker
2370.SR
According to Middle East Specialized Cables Co.’s latest financial reports and current stock price. The company's current PE Ratio is 12.10. This represents a change of 25.17% compared to the average of 9.67 of the last 4 quarters.
The mean historical PE Ratio of Middle East Specialized Cables Co. over the last ten years is 29.66. The current 12.10 PE Ratio has changed 3.98% with respect to the historical average. Over the past ten years (40 quarters), 2370.SR's PE Ratio was at its highest in in the March 2022 quarter at 2.50K. The PE Ratio was at its lowest in in the September 2019 quarter at -593.13.
Average
29.66
Median
7.29
Minimum
-37.52
Maximum
298.26
Discovering the peaks and valleys of Middle East Specialized Cables Co. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 562.30%
Maximum Annual PE Ratio = 298.26
Minimum Annual Increase = -2023.24%
Minimum Annual PE Ratio = -37.52
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 8.37 | -56.01% |
| 2024 | 19.04 | 3.95% |
| 2023 | 18.31 | -148.81% |
| 2022 | -37.52 | 5.66% |
| 2021 | -35.51 | -111.91% |
| 2020 | 298.26 | -2023.24% |
| 2019 | -15.51 | 150.94% |
| 2018 | -6.18 | -115.03% |
| 2017 | 41.13 | 562.30% |
| 2016 | 6.21 | -216.33% |
The current PE Ratio of Middle East Specialized Cables Co. (2370.SR) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
15.24
5-year avg
-5.46
10-year avg
29.66
Middle East Specialized Cables Co.’s PE Ratio is greater than Saudi Cable Company (7.36), less than Mohammed Hadi Al-Rasheed Company (23.06), greater than Obeikan Glass Co (10.37), less than Batic Investments and Logistics Company (41.16), greater than Saudi Advanced Industries Company (-23.04), greater than Tamkeen Human Resources Company (12.03), greater than National Environmental Recycling Company (6.58), greater than Sinad Holding Company (-38.06), greater than The Saudi Arabian Amiantit Company (-2.72), greater than Saudi Arabia Refineries Company (-20.36),
| Company | PE Ratio | Market cap |
|---|---|---|
| 7.36 | $1.20B | |
| 23.06 | $1.04B | |
| 10.37 | $770.36M | |
| 41.16 | $1.10B | |
| -23.04 | $863.17M | |
| 12.03 | $1.16B | |
| 6.58 | $1.26B | |
| -38.06 | $1.00B | |
| -2.72 | $520.35M | |
| -20.36 | $843.00M |
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