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Average Price Earning Ratio of Quoted Equities on The Nigerian Stock Exchange |
|
Year |
Price
Earning Ratio |
1980 |
4.9 |
1981 |
4.6 |
1982 |
4.7 |
1983 |
5.0 |
1984 |
3.8 |
1985 |
4.3 |
1986 |
3.8 |
1987 |
4.7 |
1988 |
4.8 |
1989 |
5.6 |
1990 |
7.0 |
1991 |
5.7 |
1992 |
6.8 |
1993 |
6.0 |
1994
|
6.0 |
1995 |
6.8 |
1996
|
10.5 |
1997 |
10.7 |
1998 |
8.2 |
1999 |
5.6 |
2000 |
7.1 |
2001 |
9.7 |
2002 |
6.8 |
2003 |
8.6 |
2004 |
9.5 |
2005 |
12.8 |
2006 |
9.2 |
2007 |
15.7 |
June
2008 |
18.2 |
Source:
Compiled from figures supplied by The NSE |
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