2024-04-06 22:56:09
The overall price earnings ratio (PE ratio) of the country’s main stock exchange Dhaka Stock Exchange (DSE) increased slightly in the outgoing week (March 31 to April 4). The PE ratio of DSE increased by 0.26 percent during the discussion period.
This information was revealed on the basis of DSE’s weekly market review on Saturday (April 6).
According to the data, the PE ratio of DSE was at 11.64 points at the beginning of the outgoing week. 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.
At the beginning of the previous week (March 24 to 28), DSE’s PE ratio stood at 12.15 points. And at the end of the week it stands at 11.64 points. As a result, DSE’s PE ratio fell by 0.51 points or 4.20 percent during the week.
Sector-wise PE ratios are 6.12 points for banking sector, 9.26 points for energy and power sector, 12.49 points for cement sector, 12.72 points for telecommunication sector, 13.35 points for pharmaceuticals and chemicals sector, 14.40 points for food and accessories sector. points, financial sector at 15.26 points, textile sector at 16.34 points, general insurance sector at 16.46 points, services and housing sector at 17.71 points, engineering sector at 20.19 points, IT sector at 21.85 points, paper and printing 23.04 points in the Tannery sector, 23.63 points in the Tannery sector, 23.67 points in the Travel and Leisure sector, 27.93 points in the Jute sector, 32.85 points in the Mutual Fund sector, 37.29 points in the Ceramic sector and 38.16 points in the Miscellaneous sector doing
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 11.67 points last Thursday.