PE ratio on DSE fell to 1.53 p.c – 2024-06-02 22:28:14

by times news cr

2024-06-02 22:28:14

The general value earnings ratio (PE ratio) of the nation’s fundamental inventory alternate Dhaka Inventory Trade (DSE) fell in the course of the outgoing week (Might 23 to 27). DSE’s PE ratio decreased by 1.53 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 data was revealed on the idea of DSE’s weekly market overview on Saturday (June 1).

Based on the information, the PE ratio of DSE was at 9.93 factors at first of the outgoing week. 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.

Firstly of the earlier week (Might 16 to twenty), DSE’s PE ratio stood at 10.87 factors. And on the finish of the week it stands at 9.93 factors. Consequently, DSE’s PE ratio fell by 0.94 factors or 8.65 p.c in the course of the week.

Sector sensible PE ratios are 6.03 factors in banking sector, 7.27 factors in telecommunication sector, 8.33 factors in vitality and energy sector, 9.36 factors in cement sector, 12.88 factors in pharmaceutical and chemical sector, 12.91 factors in jute sector, 12.93 factors in engineering sector, 13.35 factors in meals and equipment sector, 13.70 factors normally insurance coverage sector, 14.16 factors in textile sector, 15.03 factors in monetary sector, 16.71 factors in journey and leisure sector, companies and lodging 17.09 factors in paper and printing sector, 18.42 factors in IT sector, 19.41 factors in tannery sector, 28.07 factors in mutual fund sector, 30.29 factors in miscellaneous sector and 76.19 factors in ceramic sector. is positioned

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 protected for funding. As such, DSE’s PE stood at 9.78 factors final Thursday.

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