2024-04-21 04:54:40
The overall price earnings ratio (PE ratio) of the country’s main stock exchange Dhaka Stock Exchange (DSE) fell during the outgoing week (April 15 to 18). The PE ratio of DSE decreased by 2.40 percent during the discussion period.
This information was revealed on the basis of DSE’s weekly market review on Saturday (April 20). According to the data, the PE ratio of DSE was at 11.67 points at the beginning of the outgoing week. And at the end of the week it stands at 11.39 points. As a result, the PE ratio of DSE decreased by 0.28 points or 2.40 percent during the week.
At the beginning of the previous week (March 31 to April 4), DSE’s PE ratio stood at 11.64 points. And at the end of the week it stands at 11.67 points. As a result, DSE’s PE ratio increased by 0.03 points or 0.26 percent during the week.
Sector-wise PE ratios are 6.17 points in banking sector, 12.29 points in cement sector, 12.32 points in telecommunication sector, 13.72 points in pharmaceuticals and chemicals sector, 15.09 points in food and ancillary sector, 16.42 points in general insurance sector. , 17.35 points in service and housing sector, 20.10 points in energy and power sector, 21 points in textile sector, 21.19 points in IT sector, 22.06 points in engineering sector, 23.39 points in paper and printing sector, travel and leisure 25.12 points in the sector, 27.11 points in the tannery sector, 31.18 points in the financial sector, 35.67 points in the jute sector, 36.80 points in the ceramic sector and 42.56 points in the miscellaneous sector.
Incidentally, the Bangladesh Securities and Exchange Commission (BSEC) has also set a maximum PE ratio of 40 as margin loan eligibility. As such, BSEC considers shares of up to 40 PE holders to be safe for investment. Accordingly, DSE’s PE stood at 11.39 points last Thursday.