Media ININ Economy We Trust
Media in – Abu Dhabi, July 9, 2018 (WAM)
UAE stock markets topped the list of the most attractive markets for investment in the Gulf region after prices reached attractive price levels for all categories of investors.
According to official statistics, the average earnings per share of listed companies reached 12.97 times at the beginning of July 2018 compared to 14 times compared to the same month of 2017.
The P / E ratio is usually measured by dividing the market share price by the value of the profitability achieved by the company.
According to statistics issued by the Securities and Commodities Authority, the total value of profits distributed by listed companies in the financial markets exceeded their shareholders by 33 billion dirhams, of which about 32 billion are cash dividends and the rest are bonus shares.
These generous dividends came after the company achieved a big profit for the year 2017, which amounted to about 70 billion dirhams.
The real estate sector’s most profitable sector was the most attractive, reaching 9.94, followed by the banking sector, where the average profit margin reached 10.02 times, while the services sector reached 10.07 times and 11.74 times for the contracts sector.
In terms of insurance sector, the return on profitability was 12.73 times and in the hospitality sector 12.93 times. The highest gainer in the energy sector was the highest in terms of profitability after reaching 16.24 times
