বাংলা এখানে
Business forum Dhaka Stock Exchange President Shakil Rizvi Thursday said most of the shares on the market are now in purchasable position, as PE ratio is now under 18.
“There is no reason to be disappointed, as PE (Price-Earnings) ratio of 49 percent shares is now under 18,” said the bourse chief about the key indicator. He came up with the diagnosis of the health of the share market while talking to journalists at the DSE office in the capital, in the wake of recurrent share-price fall and outcry.
Shakil Rizvi said that PE is the basic of a share. “Investors have to buy share by evaluating PE and base-strength of a company, without getting nervous seeing fluctuation of index,” he said. He also advised the investors to forget about index. “Stock market has experienced a massive correction. It is now normal,” he said.
Rizvi informed that the overall PE was 22 in 2007, 19 in 2008, 25 in 2009 and 29 in 2010. “Now PE has stood at 18 following the stock-market correction,” he said. “So,” he said, “investors won’t face loss if they buy shares evaluating PE.”
Business forum Dhaka Stock Exchange President Shakil Rizvi Thursday said most of the shares on the market are now in purchasable position, as PE ratio is now under 18.
“There is no reason to be disappointed, as PE (Price-Earnings) ratio of 49 percent shares is now under 18,” said the bourse chief about the key indicator. He came up with the diagnosis of the health of the share market while talking to journalists at the DSE office in the capital, in the wake of recurrent share-price fall and outcry.
Shakil Rizvi said that PE is the basic of a share. “Investors have to buy share by evaluating PE and base-strength of a company, without getting nervous seeing fluctuation of index,” he said. He also advised the investors to forget about index. “Stock market has experienced a massive correction. It is now normal,” he said.
Rizvi informed that the overall PE was 22 in 2007, 19 in 2008, 25 in 2009 and 29 in 2010. “Now PE has stood at 18 following the stock-market correction,” he said. “So,” he said, “investors won’t face loss if they buy shares evaluating PE.”