2024-07-06 09:58:49
The overall price earnings ratio (PE ratio) on Dhaka Stock Exchange (DSE), the country’s main stock market, increased during the outgoing week (June 30 to July 4). DSE’s PE ratio increased by 2.44 percent during the discussion period. Earlier, the PE ratio fell to single digits due to a sharp fall in the capital markets.
This information was revealed on the basis of DSE’s weekly market review on Saturday (June 6).
According to the data, the PE ratio of DSE was at 10.21 points at the beginning of the outgoing week. And at the end of the week it is at 10.46 points. As a result, DSE’s PE ratio increased by 0.25 points or 2.44 percent during the week.
At the beginning of the previous week (June 23 to 27), DSE’s PE ratio stood at 9.46 points. And at the end of the week it stands at 10.21 points. As a result, DSE’s PE ratio increased by 0.75 points or 7.93 percent during the week.
The sector wise PE ratios are 6.12 points in banking sector, 7.98 points in telecommunication sector, 8.76 points in energy and power sector, 10.43 points in cement sector, 13.77 points in pharmaceuticals and chemicals sector, 13.85 points in jute sector. , food and accessories sector at 14.27 points, textile sector at 14.59 points, general insurance sector at 14.88 points, engineering sector at 15.38 points, financial sector at 15.40 points, travel and leisure sector at 16.63 points, services and 18.79 points in housing sector, 20.54 points in IT sector, 21.02 points in tannery sector, 23.33 points in paper and printing sector, 27.19 percent in mutual fund sector, 31.59 points in miscellaneous sector and 80.17 in ceramic sector. located at the point.
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 10.46 points last Thursday.