2024-05-05 07:08:42
The overall price earnings ratio (PE ratio) of the country’s main stock market, the Dhaka Stock Exchange (DSE), fell during the outgoing week (April 28 to May 2). The PE ratio of DSE increased by 6.60 percent during the discussion period.
This information was revealed on the basis of DSE’s weekly market review on Saturday (May 4).
At the beginning of the outgoing week, DSE’s PE ratio stood at 10.31 points. And at the end of the week it stands at 10.99 points. As a result, DSE’s PE ratio increased by 0.68 points or 6.60 percent during the week.
At the beginning of the previous week (April 21 to 25), DSE’s PE ratio stood at 11.39 points. And at the end of the week it stands at 10.31 points. As a result, the PE ratio of DSE decreased by 1.29 points or 11.32 percent during the week.
Sector-wise PE ratios are 6.52 points in banking sector, 7.89 points in telecommunication sector, 10.97 points in cement sector, 12.08 points in energy and power sector, 13.11 points in financial sector, 13.58 points in food and accessories sector, 13.75 points in pharmaceuticals and chemicals, 14.76 points in engineering, 15.03 points in general insurance, 15.17 points in textiles, 17.05 points in services and accommodation, 18.01 points in travel and leisure, IT 22 points in the sector, 22.89 points in the paper and printing sector, 26.59 points in the mutual fund sector, 30.87 points in the jute sector, 31.02 points in the tannery sector, 32.02 points in the miscellaneous sector and 85.03 points in the ceramic 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. As such, DSE’s PE stood at 10.99 points last Thursday.