Middle East Specialized Cables Co.

Middle East Specialized Cables Co. - PE Ratioverified

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

The PE Ratio as of October 2026 (TTM) for Middle East Specialized Cables Co. (2370.SR) is 12.10

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.

Middle East Specialized Cables Co. (2370.SR) Historical PE Ratio (quarterly & annually)

How has 2370.SR PE Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

29.66

Median

7.29

Minimum

-37.52

Maximum

298.26

Middle East Specialized Cables Co. (2370.SR) PE Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearPE RatioChange
20258.37-56.01%
202419.043.95%
202318.31-148.81%
2022-37.525.66%
2021-35.51-111.91%
2020298.26-2023.24%
2019-15.51150.94%
2018-6.18-115.03%
201741.13562.30%
20166.21-216.33%

Middle East Specialized Cables Co. (2370.SR) Average PE Ratio

How has 2370.SR PE Ratio performed in the past?

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. (2370.SR) PE Ratio vs. Peers

How is 2370.SR’s PE Ratio compared to its peers?

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),

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