2024-06-09 21:57:24
The general value earnings ratio (PE ratio) of the nation’s important inventory trade Dhaka Inventory Trade (DSE) fell in the course of the outgoing week (June 2 to six). The PE ratio of DSE decreased by 0.72 p.c in the course of the dialogue interval. The PE ratio has come right down to single digits because of the sharp fall within the capital markets.
This info was revealed on the premise of DSE’s weekly market evaluation on Saturday (June 8).
In response to the info, the PE ratio of DSE was at 9.78 factors at first of the outgoing week. And on the finish of the week it stands at 9.71 factors. Consequently, DSE’s PE ratio decreased by 0.07 factors or 0.72 p.c in the course of the week.
At first of the earlier week (Might 23 to 27), DSE’s PE ratio stood at 9.93 factors. And on the finish of the week it stands at 9.78 factors. Consequently, DSE’s PE ratio decreased by 0.15 factors or 1.53 p.c in the course of the week. Among the many 24 sector-wise PE ratios, banking sector is 6 factors, telecommunication sector is 7.31 factors, vitality and energy sector is 8.24 factors, cement sector is 9.39 factors, engineering sector is 12.45 factors, prescription drugs and chemical sector is 12.69 factors, jute is sector at 12.76 factors, meals and ancillary sector at 13.27 factors, basic insurance coverage sector at 13.53 factors, textile sector at 14.08 factors, monetary sector at 14.93 factors, journey and leisure sector at 16.46 factors, companies and lodging sector at 17.09 factors, 18.22 factors in paper and printing sector, 18.95 factors in IT sector, 20.41 factors in tannery sector, 28.02 factors in mutual fund sector, 30.28 factors in miscellaneous sector and 76.07 factors in ceramic sector. doing
By the way, the Bangladesh Securities and Trade 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 9.71 factors final Thursday.