The Pakistan Stocks Price Earnings (PE) Ratio for end September 2024 was 13.1, for August 12.7 and for July it was 11.6. Again, the Price Earnings Ratio has risen due to the rise in scrip prices with the KSE100 Index closing the month at 81,114 against constant earnings. TANGENT’s view is that there is rising risk which necessitates short term investments and avoiding long term positions at these prices.
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