The Pakistan Stocks Price Earnings (PE) Ratio for end November 2024 was 15.3, for October 13.8, for September 13.1 and for November 2023 8.6. The Price Earnings Ratio has sky rocketed due to the steep rise in scrip prices with the KSE100 Index crossing 100,000 in the month, against healthy but 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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