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The country's main stock market, Dhaka Stock Exchange (DSE), saw a decline in overall price earnings ratio (PE ratio) during the outgoing week (April 21 to 25). The PE ratio of DSE decreased by 2.40 percent during the discussion period.
This information was revealed on the basis of DSE's weekly market review on Saturday (April 26).
At the beginning of the outgoing week, DSE's PE ratio stood at 11.39 points. And at the end of the week it stands at 10.31 points. As a result, DSE's PE ratio decreased by 1.29 points or 11.32 percent during the week.
At the beginning of the previous week (April 15 to 18), DSE's PE ratio stood at 11.67 points. And at the end of the week it stands at 11.39 points. As a result, the PE ratio of DSE decreased by 0.28 points or 2.40 percent during the week.
Sector-wise PE ratios are 6.02 points in banking sector, 7.83 points in telecommunication sector, 8.62 points in energy and power sector, 10.66 points in cement sector, 12.78 points in financial sector, 13.02 points in pharmaceutical and chemical sector, 13.29 points in food and accessories sector, 14.85 points in textile sector, 15.27 points in general insurance sector, 16.41 points in services and housing sector, 16.65 points in engineering sector, 21.54 points in paper and printing sector, IT sector at 21.62 points, travel and leisure sector at 22.63 points, tannery sector at 26.07 points, jute sector at 29.42 points, mutual fund sector at 32.57 points, ceramics sector at 33.53 points and miscellaneous sector at 38.26 points is located
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. As such, DSE's PE stood at 10.31 points last Thursday.
