| Author | Sarwar, M. Shahin |
| Call Number | AIT RSPR no.SM-17-06 |
| Subject(s) | Price-earnings ratio--Bangladesh
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| Note | A research submitted in partial fulfillment of the requirements for the degree of Master of Business Administration |
| Publisher | Asian Institute of Technology |
| Abstract | This research study was conducted analysis on price earnings (PE), price earnings to growth (PEG), and adjusted price earnings to growth and risk (PERG) ratio to find out the ratio that shows the most valid relationship with stock performance as predictor and to find out the ratio that performs the best as basement tool of portfolio formation in Dhaka Stock Exchange (DSE) for the period from April 2012 to May 2017. This study considered DSE as a representative of a frontier market. Three main findings of this research study are: One, PERG ratio showed the most valid relationship with stock performance as predictor. The relationship is, lower the PERG ratio of a portfolio higher the performance of that portfolio. And both PE and PEG showed a tendency to follow pattern as a predictor. But neither ratios showed valid relationship with stock performance as predictor at individual level (without portfolio). Two, PERG ratio performed the best as basement tool of portfolio formation. Three, pairwise mean differences between PE, PEG and PERG based portfolios did not show statistical differences for the defined period. |
| Year | 2017 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Supasith Chonglerttham; |
| Examination Committee(s) | Vimolwan Yukongdi;Vatcharapol Sukhotu ; |
| Scholarship Donor(s) | Asian Institute of Technology Fellowship; |
| Degree | Research report (M.B.A.) - Asian Institute of Technology, 2017 |