The Pakistan Stocks Price Earnings (PE) Ratio for end October 2024 was 13.8, for September 13.1 and for August 12.7. Yet again, the Price Earnings Ratio has risen due to the rise in scrip prices with the KSE100 Index closing the month at 88,967 against relatively constant earnings. TANGENT’s view, again, is that there is rising risk which necessitates short term investments and avoiding long term positions at these prices.
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