PE ratio on DSE fell to 2.57 % – 2024-06-17 14:02:37

by times news cr

2024-06-17 14:02:37

The general worth earnings ratio (PE ratio) of the nation’s primary inventory alternate Dhaka Inventory Change (DSE) fell throughout the outgoing week (June 9 to 13). The PE ratio of DSE decreased by 2.57 % throughout the dialogue interval. The PE ratio has come all the way down to single digits because of the sharp fall within the capital markets.

This data was revealed on the premise of DSE’s weekly market evaluate on Saturday (June 15).

Based on the info, the PE ratio of DSE was at 9.71 factors in the beginning of the outgoing week. And on the finish of the week it stands at 9.46 factors. In consequence, DSE’s PE ratio decreased by 0.25 factors or 2.57 % throughout the week.

Firstly of the earlier week (June 2 to six), DSE’s PE ratio stood at 9.78 factors. And on the finish of the week it stands at 9.71 factors. In consequence, DSE’s PE ratio decreased by 0.07 factors or 0.72 % throughout the week.

Among the many 24 sector-wise PE ratios, banking sector is 5.87 factors, telecommunication sector is 7.12 factors, power and energy sector is 7.93 factors, cement sector is 9.13 factors, jute sector is 10.98 factors, engineering sector is 11.77 factors, medication is 12.50 factors in chemical sector, 13.16 factors on the whole insurance coverage sector, 13.20 factors in meals and ancillary sector, 13.44 factors in monetary sector, 13.53 factors in textile sector, 15.67 factors in journey and leisure sector, companies and 16.23 factors in housing sector, 16.70 factors in paper and printing sector, 18.04 factors in IT sector, 19.86 factors in tannery sector, 25.84 factors in mutual fund sector, 30.84 factors in miscellaneous sector and 71.52 in ceramic sector. positioned on the level.

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 9.46 factors final Thursday.

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