DSE’s PE ratio has dropped to single digits – 2024-05-27 06:55:31

by times news cr

2024-05-27 06:55:31

The general worth earnings ratio (PE ratio) of the nation’s most important inventory change Dhaka Inventory Change (DSE) declined throughout the outgoing week (Could 19 to 23). DSE’s PE ratio decreased by 2.50 p.c throughout the dialogue interval.

The PE ratio has come right down to single digits as a result of steady fall within the capital markets. This info was revealed on the premise of DSE’s weekly market evaluate on Saturday (Could 18).

In accordance with the information, the PE ratio of DSE was at 10.87 factors in the beginning of the outgoing week. And on the finish of the week it stands at 9.93 factors. Consequently, DSE’s PE ratio decreased by 0.94 factors or 8.65 p.c throughout the week.

Initially of the earlier week (Could 12 to 16), DSE’s PE ratio stood at 11.16 factors. And on the finish of the week it stands at 10.87 factors. Consequently, DSE’s PE ratio decreased by 0.29 factors or 2.50 p.c throughout the week.

Sector-wise PE ratios are 6.14 factors in banking sector, 7.29 factors in telecommunication sector, 8.28 factors in vitality and energy sector, 9.36 factors in cement sector, 13.11 factors in pharmaceutical and chemical sector, 13.37 factors in engineering sector, 13.39 factors in meals and equipment sector, 14.34 factors basically insurance coverage sector, 14.47 factors in jute sector, 14.50 factors in textile sector, 15.15 factors in monetary sector, 16.76 factors in journey and leisure sector, companies and lodging. 17.32 factors within the sector, 19.36 factors within the paper and printing sector, 19.59 factors within the IT sector, 19.89 factors within the tannery sector, 28.06 factors within the mutual fund sector, 30.50 factors within the miscellaneous sector and 76.27 factors within the ceramic sector. is situated

By the way, the Bangladesh Securities and Change Fee (BSEC) has additionally set a most PE ratio of 40 as margin mortgage eligibility. As such, BSEC considers shares of as much as 40 PE holders to be secure for funding. Accordingly, DSE’s PE stood at 9.93 factors final Thursday.

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