- Market P/E has raised
Amid different TSE sectors, the P/E ratio is seen growth compared with the same period prior year. 33 out of 36 industries were subjected to a substantial growth in the ratio as of May 20. Textile took a big leap and placed the first with 293.3% increase. Coal & iron ores mining are next in the line with solid 167.3% and 145.6% development in their price to earnings. Nonetheless, it has to be mentioned that the case for Medical equipment, with the sole ticker of “Kontor”, were completely different and it took a 66.5 % downturn to stamp the utmost drop of the year.