70520
TSE’s Average P/E at 5.6
TSE’s Average P/E at 5.6

TSE’s Average P/E at 5.6

TSE’s Average P/E at 5.6

The average price to earnings ratio of Tehran Stock Exchange-listed companies stands at 5.6. This is while 18 companies at TSE have a P/E ratio of higher than 100 and 14 others are in the negative territory, Securities and Exchange News Agency reported on Wednesday. The market’s highest P/E ratio belongs to Zagros Pharmed standing at 1,086. Mellat Investment has the lowest at -80. The P/E ratio is the ratio for valuing a company that measures its current share price relative to its per-share earnings. It can be calculated as market value per share divided by earnings per share.

Short URL : https://goo.gl/pqDYRc
  1. https://goo.gl/jDkfKG
  • https://goo.gl/rnE4sY
  • https://goo.gl/PcviwJ
  • https://goo.gl/nxQLp6
  • https://goo.gl/JZXfN8

You can also read ...

Britain's Quercus to Invest $600m in Iran Solar Project
British renewable energy investor Quercus will invest over €...
Economic MoU With Russian Council
The Industrial Development and Renovation Organization of Iran...
Iran Trade Mission Heads for Croatia
An Iranian delegation comprising 30 members of Iran Chamber of...
Gov’t Sole Guarantor of Foreign Finance Deals
Following misleading reports in the media, the Central Bank of...
Qualcomm is already working on 5G trial networks across the globe.
The first mass-market 5G smartphones will become commercially...
President Assigns Priorities to Ministers
President Hassan Rouhani has assigned missions and priorities...
On-Demand Laundry App Launched
A local startup dubbed ‘Paklean’ has launched a new service...
Solutions for Banking Reforms
The Institute for Trade Studies and Research, affiliated with...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus