Nifty200 Alpha 30 P/E ratio today
Price to earnings (P/E), price to book (P/B) and dividend yield for the Nifty200 Alpha 30, which is currently fairly valued — the 17th percentile of 1,053 daily closes since 2016. Close of 27 Oct 2026.
Every NSE index, cheapest firstHow the Nifty200 Alpha 30’s valuation reads today
- Against the market. The Nifty200 Alpha 30 trades at 0.88× the Nifty 50’s P/E, against a median of 1.14× across 1,053 days they were both priced — a deeper discount than usual. 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 13.96 (Mar 2023) and as high as 62.45 (Jun 2025). 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. 16.69 today, down from 44.35 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 Nifty200 Alpha 30 level itself is what separates the two.
- The metrics disagree. Earnings say cheap (P/E 16.69 against a median of 25.82) while dividends say expensive (yield 0.95% against 1.14%). That split is usually a payout-ratio story rather than a valuation one: earnings and dividends do not have to move together, and a company can grow profits for years without raising its dividend.
17th percentile of 1,053 days · median 25.82
24th percentile of 1,053 days · median 4.68
29th percentile of 1,053 days · median 1.14
Where the Nifty200 Alpha 30 P/E ratio sits today
| Zone | P/E range | What it has meant |
|---|---|---|
| Undervalued | below 15.39 | Historically cheap — the zone that has rewarded adding, not waiting. |
| Fairly valuedyou are here | 15.39 – 25.82 | Nothing to act on. Keep SIPs running at their normal size. |
| Slightly expensive | 25.82 – 43.92 | Above the historical middle. Stagger a lump sum rather than timing it. |
| Expensive | above 43.92 | Historically dear — rebalancing to your target allocation is the honest response. |
Bands are the 10th and 90th percentiles of 1,053 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 Nifty200 Alpha 30 P/E was here, what came next
For every month-end since 07 Jul 2016: 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.
| Started in | Next 1Y | Next 3Y | Next 5Y |
|---|---|---|---|
| Undervalued | too few | too few | too few |
| Fairly valuedyou are here | +38.7% -5.8% to +81.5% 43% lost money | too few | too few |
| Slightly expensive | +6.3% -17.1% to +36.8% 29% lost money | too few | too few |
| Expensive | too few | too few | too few |
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 2016
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.
Nifty200 Alpha 30 P/E ratio, month by month
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | · | · | · | · | · | · | 25.16 | · | · | · | · | · |
| 2022 | · | · | · | · | · | · | 26.93 | 27.13 | 27.94 | 44.30 | 38.36 | 38.26 |
| 2023 | 18.14 | 16.11 | 15.82 | 14.39 | 14.96 | 15.24 | 15.29 | 14.79 | 15.36 | 17.37 | 16.79 | 18.58 |
| 2024 | 37.19 | 33.37 | 32.98 | 22.33 | 22.71 | 22.78 | 25.88 | 26.10 | 25.86 | 25.35 | 25.14 | 25.78 |
| 2025 | 33.63 | 29.09 | 27.95 | 36.94 | 36.57 | 34.69 | 61.20 | 54.97 | 54.55 | 44.40 | 43.84 | 42.44 |
| 2026 | 29.05 | 28.93 | 26.63 | 23.39 | 23.59 | 23.21 | 21.73 | 20.72 | 20.12 | 17.72 | · | · |
Nifty200 Alpha 30 P/B ratio, month by month
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | · | · | · | · | · | · | 3.56 | · | · | · | · | · |
| 2022 | · | · | · | · | · | · | 5.00 | 5.26 | 5.30 | 4.28 | 4.39 | 4.38 |
| 2023 | 2.84 | 2.73 | 2.71 | 2.34 | 2.51 | 2.69 | 2.55 | 2.49 | 2.54 | 2.24 | 2.36 | 2.61 |
| 2024 | 4.16 | 4.45 | 4.47 | 4.30 | 4.54 | 4.70 | 5.33 | 5.28 | 4.99 | 5.66 | 5.27 | 5.34 |
| 2025 | 6.39 | 5.85 | 5.64 | 6.02 | 6.41 | 6.69 | 9.22 | 8.31 | 7.91 | 6.44 | 6.50 | 6.38 |
| 2026 | 4.64 | 4.77 | 4.40 | 4.16 | 4.24 | 4.00 | 5.43 | 5.10 | 4.83 | 3.95 | · | · |
Nifty200 Alpha 30 dividend yield, month by monthgreen is a HIGH yield, which is the cheap end
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | · | · | · | · | · | · | 0.82 | · | · | · | · | · |
| 2022 | · | · | · | · | · | · | 1.35 | 1.39 | 1.27 | 1.47 | 1.76 | 1.61 |
| 2023 | 1.47 | 1.58 | 1.55 | 1.54 | 1.45 | 1.39 | 1.34 | 1.47 | 1.36 | 1.19 | 1.11 | 1.03 |
| 2024 | 1.10 | 1.02 | 1.05 | 1.38 | 1.31 | 1.26 | 1.17 | 1.25 | 1.26 | 1.27 | 1.42 | 1.25 |
| 2025 | 1.03 | 1.15 | 1.24 | 0.92 | 0.91 | 0.80 | 0.42 | 0.45 | 0.45 | 0.64 | 0.64 | 0.56 |
| 2026 | 0.69 | 0.66 | 0.72 | 0.99 | 0.97 | 0.93 | 1.00 | 0.97 | 0.71 | 0.91 | · | · |
Frequently asked questions
What is the Nifty200 Alpha 30 P/E ratio today?
The Nifty200 Alpha 30 closed at a price-to-earnings ratio of 16.69 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 Nifty200 Alpha 30 overvalued right now?
Against its own history it is fairly valued: a P/E of 16.69 is the 17th percentile of 1,053 daily closes, against a median of 25.82 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 Nifty200 Alpha 30?
There is no single good number, but there is a measured middle: 15.39 to 43.92 is the middle 80% of 1,053 daily closes, and the median sits at 25.82. Below 15.39 is the cheapest tenth of this index's own history and above 43.92 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 Nifty200 Alpha 30 P/B ratio?
The Nifty200 Alpha 30 price-to-book ratio is 3.83 as of 27 October 2026, against a historical median of 4.68. 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 Nifty200 Alpha 30 dividend yield?
The Nifty200 Alpha 30 dividend yield is 0.95% as of 27 October 2026, against a historical median of 1.14%. 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
How to read these numbers
Consolidated trailing-twelve-month, free-float weighted, one value a day — and why the absolute number tells you almost nothing on its own.
Valuation predicts ten-year returns and not next year’s. What that gap means, and when a reading should change anything.