The premier bourse saw Tk 1 trillion wiped off its market capital in a year while Price-to-Earnings Ratio or P/E Ratio has hit the worst level. The investors have no confidence in this market anymore,” Mizanur Rashid Chowdhury, president of the Investors’ Unity Council, told bdnews24.com. The fall has pushed DSE’s P/E Ratio down to 10.71. “I’ve never seen such low P/E ratio of the market,” Ahmad Rashid Lali, a former president of DSE Brokers’ Association, told bdnews24.com. P/E ratio below 11 means a “worrying” situation for a market, according to him.

Source: bd News24 January 14, 2020 17:26 UTC