2024-03-23 07:27:30
The overall price earnings ratio (PE ratio) of the country’s main stock exchange Dhaka Stock Exchange (DSE) has declined during the outgoing week (March 18 to 21). The PE ratio of DSE decreased by 0.73 percent during the discussion period.
This information was revealed on the basis of DSE’s weekly market review on Saturday (March 23). According to the data, the PE ratio of DSE was at 12.24 points at the beginning of the outgoing week. And at the end of the week it stands at 12.15 points. As a result, DSE’s PE ratio decreased by 0.09 points or 0.73 percent during the week.
At the beginning of the previous week (March 10 to 14), DSE’s PE ratio stood at 12.59 points. And at the end of the week it stands at 12.24 points. As a result, DSE’s PE ratio decreased by 0.35 points or 2.78 percent during the week.
Sector-wise PE ratios are 6.37 points in banking sector, 9.88 points in energy and power sector, 13.01 points in telecommunication sector, 13.41 points in cement sector, 13.75 points in pharmaceutical and chemical sector, 14.65 in food and ancillary sector. points, 16.17 points in financial sector, 16.39 points in textile sector, 17.24 points in insurance sector, 18.53 points in services and housing sector, 21.21 points in engineering sector, 22.46 points in IT sector, paper and printing sector 24.01 points, 24.96 points in tannery sector, 25.28 points in travel and leisure sector, 29.38 points in jute sector, 34.16 points in mutual fund sector, 37.45 points in ceramic sector and 38.47 points in 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 12.15 points last Thursday.