PE ratio of DSE falls by 3.07pc

The overall Price-to-Earnings (PE) ratio of the country's main stock exchange, the Dhaka Stock Exchange (DSE), declined by 3.07 per cent in the outgoing week.

The PE ratio of the DSE was at 13.72 points at the beginning of the week, which is at 13.30 points at the end of the week. In other words, the PE ratio has decreased by 0.42 points or 3.07 per cent during the week.

At the end of the week, the PE ratio of the banking sector stands at 7.08 points, IT sector at 17.22 points, textile at 16.34 points, pharmaceuticals and chemicals at 20.09 points, engineering at 15.43 points, insurance at 19.10 points, food at 13.66 points, leather at 16.64 points, cement at 28.54 points, power and energy at 12.49 points, financial at 29.08 points, travel and leisure at 33.72 points, paper at 50.49 points, telecommunications at 13.02 points, services and housing at 14.96 points, ceramic at 24.53 points, jute at 38.93 points, and finally, the miscellaneous sector settles at 24.13 points.

sr/teb