Mobarakeh Steel Reopens After Five Months and Sits 10.6% Below Its Pre-War Price; Its P/E Is Half the Sector's (Wednesday, August 12, 2026)

Mobarakeh Steel reopened after nearly five months, still down ten point six percent from its pre war price. Mobarakeh Steel closed last year with a thirty three year production record. Parent company net profit last year reached about one hundred trillion tomans. But when the ticker reopened, the market set a much lower price for it. One share is down from two thousand five hundred forty nine rials to two thousand two hundred seventy eight. Group billet output reached about seven million tons, a thirty three year record. Even so, managers paid out only ten point six percent of profit per share in cash. Forgone profit from energy restrictions reached about fourteen trillion tomans. Iran's steel industry says it has lost about eighteen billion dollars of output to energy shortfalls. But Mobarakeh Steel has still not disclosed the exact cost of the physical damage. The ticker's price to earnings ratio now stands at four point four times. That is less than half the base metals sector's average of about ten times. Four variables will decide where Mobarakeh Steel's stock goes from here. Until that figure is formally disclosed, this discount cannot confidently be called cheap or fair. Record profit, yet a cheaper stock than its sector. Opportunity or warning? Full analysis on Sahmino dot com.