Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Home / Features / UAE stocks’ PE ratios are most attractive in Middle East
Special Features

UAE stocks’ PE ratios are most attractive in Middle East

The UAE stock markets are the most attractive across the GCC states and the Middle East region in its entirety, boasting a P/E ratio of 14.00 over the past 12 months, ending in March, 2017. P.E ratio, in addition to the double book value, is one of the widely used and common stock valuation tool. It is a ratio of a company’s current market share price compared to its annual earnings per share. It generally reveals the sentiment of the investors. If the ratio is high, then it means that investors are optimistic and are expecting higher earnings growth in the future and if P/E multiple is lower, then vice-versa. 



As per the latest statistics, the P/E ratio of Saudi stock markets was 17.7 over the same period, while it was 15.00 in Kuwait and 14.8 in Qatar. 



UAE real state P/E ratio is the most attractive for investors, standing at 10.00 by the end of March, with the transportation and logistics having it at 10.3 Banking P/E ratio stood at 12.00, the industrial sector at 12.3, the healthcare and medical industries at 13.3 and 13.4 at the hospitality and leisure sector. The service sector had the highest P/E ratio for the past 12 months ending in March, at 21.00, while the telecommunications sector amounted to 17.2, followed by the credit and investment sector at 16.3 then the insurance sector with 15.00. 



Emirates NBD had a P/E ratio of 6.9 while Mashreq Bank and the National Bank of Sharjah stood at 7.37 both. The newly merged banking entity, First Abu Dhabi Bank, had a P/E ratio of 11.8. 



At the real state sector level, DAMAC Properties' P/E Ratio was the most attractive at 4.7, while ADX-listed Aldar Properties had a ratio of 6.4, and Emaar Properties at 10.2 , according to official statistics. 




  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     


View Special Features by Category
Airlines & Airports
Art & Gallery
Banks & Financial sector
Business
Car Industry
Dubai Government
Dubai Metro
E-Guides
Eco-Friendly
Education & Institutions
Electronics
Entertainment
Events & Occassions
Exhibition Center
Family Shows
Food & Beverages
Free Zones
Golf Clubs
Government Departments
Health & Fitness
History & Culture
Home/Furnishing/Interiors
Hospitals & Clinics
Hotels & Hospitality
Identity cards
Internet Services
Media & News
Mortgage
Music
Online Food Service
Online Store
Organisations
Other
Other Emirates
Parks & Beaches
Precious Metals
Real Estate & Property
Religion & Culture
Resorts & Clubs
Restaurants
Shopping Malls
Spas
Special Centres, Groups & Communities
Sports & Events
Sports Bars
Technology
Trade Fair
Travel & Leisure
UAE Market News
VIP Services
Wedding Planners

Back to top








News Alerts
News Alerts
Stay ahead with abu dhabi news
dcg mobile
adcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Abu Dhabi Blog
Your space, your voice
sitemap
Sitemap
ADCG at a glance