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Nifty Dividend Opportunities 50 P/E ratio today

Price to earnings (P/E), price to book (P/B) and dividend yield for the Nifty Dividend Opportunities 50, which is currently fairly valued — the 15th percentile of 3,610 daily closes since 2012. Close of 27 Oct 2026.

Every NSE index, cheapest first

How the Nifty Dividend Opportunities 50’s valuation reads today

  • Against the market. The Nifty Dividend Opportunities 50 trades at 0.65× the Nifty 50’s P/E, against a median of 0.66× across 3,610 days they were both priced — about its usual relationship. A sector can look dear on its own numbers while being cheap against the market, and that gap is usually the more useful of the two.
  • The range it has actually traded in. Its P/E has been as low as 8.02 (Aug 2013) and as high as 23.46 (Sept 2016). Both ends are real closes, not a model — and the high end of an index P/E is usually an earnings collapse rather than a price melt-up, which is why the bands below are percentiles and not a mean.
  • Versus a year ago. 12.43 today, down from 14.89 a year ago. The ratio moves on price and on earnings, so a falling P/E can mean the index got cheaper or that its constituents earned more — the Nifty Dividend Opportunities 50 level itself is what separates the two.
Price to earnings
12.43Fairly valued

15th percentile of 3,610 days · median 15.11

Price to book
2.28Fairly valued

22nd percentile of 3,610 days · median 2.76

Dividend yield
3.30%Fairly valued

74th percentile of 3,610 days · median 2.96

Where the Nifty Dividend Opportunities 50 P/E ratio sits today

Valuation zones for the Nifty Dividend Opportunities 50 price to earnings
ZoneP/E rangeWhat it has meant
Undervaluedbelow 11.81Historically cheap — the zone that has rewarded adding, not waiting.
Fairly valuedyou are here11.81 – 15.11Nothing to act on. Keep SIPs running at their normal size.
Slightly expensive15.11 – 18.74Above the historical middle. Stagger a lump sum rather than timing it.
Expensiveabove 18.74Historically dear — rebalancing to your target allocation is the honest response.

Bands are the 10th and 90th percentiles of 3,610 daily closes, with the median as the middle line — so the cheapest and dearest tenth of this index’s own history bound the outer zones, and one freak print cannot move them. They describe where this index has traded, not where it should — a market can stay expensive for years, and this is not a signal to act on.

When the Nifty Dividend Opportunities 50 P/E was here, what came next

For every month-end since 29 Feb 2012: the index’s annualised return over the following 1, 3 and 5 years, grouped by the valuation zone it started in. Median, with the worst and best start underneath.

Forward returns of the Nifty Dividend Opportunities 50 by starting P/E zone
Started inNext 1YNext 3YNext 5Y
Undervalued
+33.6%
-5.6% to +58.0%
6% lost money
+11.2%
+4.2% to +25.9%
0% lost money
+9.9%
+8.7% to +24.7%
0% lost money
Fairly valuedyou are here
+4.2%
-22.4% to +50.7%
36% lost money
+11.6%
+0.8% to +24.4%
0% lost money
+8.5%
-0.7% to +23.1%
3% lost money
Slightly expensive
+3.4%
-30.6% to +58.2%
37% lost money
+10.1%
-5.9% to +25.9%
12% lost money
+10.6%
+2.3% to +22.0%
0% lost money
Expensive
+17.8%
-15.7% to +35.7%
24% lost money
+21.8%
-2.3% to +25.6%
7% lost money
+12.7%
+7.7% to +18.8%
0% lost money

Price return only (index levels carry no dividends, so each figure understates an investor’s return by about the dividend yield). Start months overlap: a 5-year window spans 60 of them, so the counts are not independent observations. A zone needs 12 starts before it is summarised. The past spread of outcomes is wide in every zone — this is a record, not a forecast.

All three, since 2012

Each cell is the median of that month’s daily closes — one day’s print can be an earnings-revision artefact, and on a grid this size that day would colour the whole month. Hover a cell for the trading-day count behind it, or the line above it for any day’s close. All three are always shown; the buttons at the top only change which metric the valuation zones describe.

Nifty Dividend Opportunities 50 P/E ratio, month by month

90th pct 18.74median 15.1110th pct 11.81
Price to earnings by month, 2012 to 2026, as the median of each month’s daily closes
YearJanFebMarAprMayJunJulAugSepOctNovDec
2012
·
13.33
13.21
13.17
12.09
11.68
11.98
11.62
12.95
13.65
11.52
12.03
2013
12.50
12.25
12.11
11.77
12.29
11.55
10.81
8.97
8.88
9.06
9.92
10.77
2014
10.67
10.35
10.62
11.50
12.61
14.84
14.51
14.24
14.54
14.21
13.89
13.73
2015
13.83
13.87
13.78
14.26
14.51
14.74
15.29
14.94
13.58
14.04
14.13
15.99
2016
15.47
14.88
15.20
15.78
16.16
19.71
20.82
21.91
22.98
22.57
15.53
15.43
2017
16.34
16.59
16.55
16.67
17.13
17.21
17.23
17.46
18.31
19.08
18.73
18.89
2018
18.66
17.71
17.15
16.75
16.98
17.14
16.70
17.13
17.13
15.45
15.55
15.77
2019
15.63
15.48
16.07
15.83
15.45
15.44
14.51
14.14
14.40
15.06
15.54
14.77
2020
14.72
14.82
11.53
11.84
11.73
14.19
15.82
16.93
17.20
17.26
17.67
20.38
2021
21.09
19.85
19.93
20.87
19.80
18.88
17.94
16.53
16.89
17.04
15.34
14.40
2022
14.78
13.50
13.44
12.74
11.77
11.38
11.69
13.18
13.11
13.05
14.75
15.32
2023
15.23
16.45
16.13
14.88
15.89
16.38
17.10
15.26
15.85
15.82
15.05
16.31
2024
17.20
17.46
16.98
17.04
17.08
17.47
18.62
19.26
19.59
19.02
17.97
18.11
2025
16.88
15.54
15.11
14.60
14.91
14.96
15.05
14.32
14.36
14.67
14.66
14.77
2026
14.96
14.63
13.53
14.46
13.88
13.34
12.97
13.45
12.82
12.43
·
·
cheapestdearest· shaded by rank among all 177 months, not by absolute value — the series is skewed enough that a linear ramp would flatten a decade into one colour

Nifty Dividend Opportunities 50 P/B ratio, month by month

90th pct 3.49median 2.7610th pct 2.08
Price to book by month, 2012 to 2026, as the median of each month’s daily closes
YearJanFebMarAprMayJunJulAugSepOctNovDec
2012
·
2.74
2.76
2.75
2.55
2.64
2.70
2.47
2.48
2.56
2.19
2.31
2013
2.40
2.28
2.20
2.12
2.24
2.12
1.91
1.65
1.68
1.68
1.89
1.93
2014
1.92
1.85
1.88
2.04
2.23
2.41
2.29
2.23
2.29
2.21
2.22
2.20
2015
2.21
2.18
2.14
2.20
2.24
2.19
2.20
2.12
1.93
1.96
1.94
2.40
2016
2.32
2.21
2.22
2.31
2.29
2.41
2.56
2.64
2.59
2.60
2.65
2.76
2017
2.86
3.00
3.04
3.06
3.16
3.16
3.10
3.19
3.25
3.18
3.19
3.24
2018
3.54
3.44
3.35
3.20
3.23
3.22
3.13
3.20
3.14
2.76
2.75
2.77
2019
2.66
2.63
2.80
2.75
2.71
2.73
2.54
2.44
2.39
2.35
2.37
2.33
2020
2.37
2.33
1.76
1.80
1.78
1.93
2.32
2.41
2.34
2.25
2.35
2.66
2021
2.75
2.79
2.84
3.31
3.42
3.48
3.51
3.65
3.82
3.69
3.62
3.57
2022
3.67
3.55
3.54
3.43
3.23
3.08
3.10
3.23
3.13
3.09
3.21
3.26
2023
3.25
3.30
3.23
2.75
2.84
2.94
3.14
3.15
3.18
2.85
2.95
3.22
2024
3.46
3.66
3.58
3.43
3.49
3.55
3.78
3.85
3.77
3.58
3.43
3.44
2025
3.20
3.04
2.96
2.99
3.09
3.00
2.98
2.83
2.76
2.83
2.89
2.92
2026
2.96
2.95
2.73
2.88
2.82
2.64
2.54
2.48
2.33
2.27
·
·
cheapestdearest

Nifty Dividend Opportunities 50 dividend yield, month by monthgreen is a HIGH yield, which is the cheap end

90th pct 3.76median 2.9610th pct 2.50
Dividend yield by month, 2012 to 2026, as the median of each month’s daily closes
YearJanFebMarAprMayJunJulAugSepOctNovDec
2012
·
2.59
2.61
2.61
2.79
2.66
2.59
2.67
2.65
2.51
2.60
2.48
2013
2.39
2.50
2.59
2.66
2.50
2.63
2.82
3.21
3.16
3.31
3.34
3.41
2014
3.44
3.58
3.43
3.18
2.94
2.54
2.54
2.52
2.42
2.73
2.70
2.71
2015
2.69
2.84
3.02
3.01
3.08
3.11
3.00
3.04
3.13
2.89
2.94
2.95
2016
3.08
3.24
3.16
2.96
2.87
2.65
2.40
2.30
2.52
2.58
2.87
2.90
2017
2.80
2.68
2.66
2.64
2.56
2.54
2.55
2.52
2.44
2.72
2.60
2.56
2018
2.49
2.54
2.64
2.74
2.71
2.80
2.85
2.71
2.68
2.98
2.88
2.87
2019
2.92
2.98
2.85
2.89
2.96
3.13
3.51
3.64
3.71
3.74
3.70
3.76
2020
3.75
3.82
5.06
4.87
4.92
4.52
3.83
3.87
3.92
3.81
3.64
3.24
2021
3.10
3.07
3.02
3.12
3.02
3.23
2.98
2.80
2.98
3.00
2.93
3.13
2022
3.13
3.40
3.32
3.44
3.89
4.21
4.13
4.04
3.79
3.65
3.64
3.59
2023
3.59
3.66
3.70
4.09
3.80
3.78
3.56
3.48
3.27
3.29
3.26
3.00
2024
2.88
2.68
2.71
2.59
2.56
2.50
2.37
2.39
2.45
2.52
2.71
2.61
2025
2.77
3.13
3.18
3.31
3.24
3.18
3.19
3.29
3.20
3.15
3.10
3.06
2026
3.00
2.73
2.93
2.83
2.91
2.54
2.42
2.26
2.30
3.50
·
·
cheapestdearest

From the blog

Frequently asked questions

What is the Nifty Dividend Opportunities 50 P/E ratio today?

The Nifty Dividend Opportunities 50 closed at a price-to-earnings ratio of 12.43 on 27 October 2026. NSE publishes it once a day after the close, on a consolidated trailing-twelve-month basis, so it moves on the index and on quarterly earnings revisions — there is no intraday figure.

Is the Nifty Dividend Opportunities 50 overvalued right now?

Against its own history it is fairly valued: a P/E of 12.43 is the 15th percentile of 3,610 daily closes, against a median of 15.11 over that span. That describes where this index has traded, not where it should — a market can stay expensive for years, and this is not a signal to act on.

What is a good P/E ratio for the Nifty Dividend Opportunities 50?

There is no single good number, but there is a measured middle: 11.81 to 18.74 is the middle 80% of 3,610 daily closes, and the median sits at 15.11. Below 11.81 is the cheapest tenth of this index's own history and above 18.74 the dearest tenth. Compare it to the index's own past rather than to another market's — earnings mix and growth differ, so an Indian P/E and a US one are not the same quantity.

What is the Nifty Dividend Opportunities 50 P/B ratio?

The Nifty Dividend Opportunities 50 price-to-book ratio is 2.28 as of 27 October 2026, against a historical median of 2.76. P/B compares the index to the book value of its constituents' assets, which makes it the steadier of the two — book value does not swing on one quarter's earnings the way a P/E denominator can.

What is the Nifty Dividend Opportunities 50 dividend yield?

The Nifty Dividend Opportunities 50 dividend yield is 3.30% as of 27 October 2026, against a historical median of 2.96%. It reads backwards from the other two: a HIGH yield is the cheap end, because the same dividends are being bought for a lower price.

How often does this page update, and where do the numbers come from?

From NSE's own daily index file, which carries P/E, P/B and dividend yield for every index it prices — 144 of them have a meaningful P/E today. It is published once after each close and picked up by the hourly refresh, so the figures here are the last published close, never a live quote.

Nearby indices

Nifty CommoditiesNifty Conglomerate 50Nifty Consumer DurablesNifty Core HousingNifty EV & New Age AutomotiveNifty EnergyNifty FMCGNifty Financial Services

How to read these numbers

How to read an index P/E ratio

Consolidated trailing-twelve-month, free-float weighted, one value a day — and why the absolute number tells you almost nothing on its own.

Is the market expensive?

Valuation predicts ten-year returns and not next year’s. What that gap means, and when a reading should change anything.

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