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NIFTY200 Quality 30 P/E ratio today

Price to earnings (P/E), price to book (P/B) and dividend yield for the NIFTY200 Quality 30, which is currently fairly valued — the 22nd percentile of 2,075 daily closes since 2016. Close of 11 Sept 2026.

Every NSE index, cheapest first

How the NIFTY200 Quality 30’s valuation reads today

  • Against the market. The NIFTY200 Quality 30 trades at 1.35× the Nifty 50’s P/E, against a median of 1.21× across 2,075 days they were both priced — a wider premium 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 20.17 (Mar 2020) and as high as 38.29 (Sept 2024). 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. 26.71 today, down from 28.96 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 Quality 30 level itself is what separates the two.
  • The metrics disagree. Earnings say cheap (P/E 26.71 against a median of 28.98) while dividends say expensive (yield 1.79% against 2.00%). 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.
Price to earnings
26.71Fairly valued

22nd percentile of 2,075 days · median 28.98

Price to book
8.34Fairly valued

33rd percentile of 2,075 days · median 8.79

Dividend yield
1.79%Slightly expensive

25th percentile of 2,075 days · median 2.00

Where the NIFTY200 Quality 30 P/E ratio sits today

Valuation zones for the NIFTY200 Quality 30 price to earnings
ZoneP/E rangeWhat it has meant
Undervaluedbelow 25.19Historically cheap — the zone that has rewarded adding, not waiting.
Fairly valuedyou are here25.19 – 28.98Nothing to act on. Keep SIPs running at their normal size.
Slightly expensive28.98 – 33.18Above the ten-year middle. Stagger a lump sum rather than timing it.
Expensiveabove 33.18Historically dear — rebalancing to your target allocation is the honest response.

Bands are the 10th and 90th percentiles of 2,075 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.

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 Quality 30 P/E ratio, month by month

above +1 SD 32.42median 28.98below −1 SD 26.08
Price to earnings by month, 2016 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2016
·
·
·
·
·
·
26.01
·
·
·
·
·
2018
·
·
·
28.92
28.48
28.29
29.90
30.55
32.48
29.75
30.48
30.94
2019
30.39
30.86
29.29
29.57
28.64
28.15
24.19
23.97
24.72
25.38
25.36
25.08
2020
26.39
27.41
22.75
24.24
23.75
25.86
24.06
27.35
28.18
29.31
30.73
33.42
2021
35.55
32.98
31.20
31.57
31.69
32.94
31.27
30.65
32.49
32.61
31.32
30.73
2022
31.91
29.76
29.39
29.69
27.48
26.14
28.39
28.43
27.76
26.60
26.28
26.03
2023
25.55
24.68
24.25
24.68
25.91
26.63
26.90
26.80
27.78
27.51
27.15
28.88
2024
32.87
32.97
32.59
32.69
32.57
34.23
36.53
36.25
37.88
36.69
34.19
34.59
2025
29.74
28.08
27.18
28.05
29.58
29.86
29.25
28.30
28.61
28.83
28.49
28.42
2026
32.89
31.48
29.12
30.25
29.67
28.97
28.17
28.20
27.27
·
·
·
cheapestdearest· shaded by rank among all 103 months, not by absolute value — the series is skewed enough that a linear ramp would flatten a decade into one colour

NIFTY200 Quality 30 P/B ratio, month by month

above +1 SD 9.84median 8.79below −1 SD 7.41
Price to book by month, 2016 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2016
·
·
·
·
·
·
7.28
·
·
·
·
·
2018
·
·
·
8.41
8.25
8.39
8.93
9.00
8.70
7.89
8.04
8.25
2019
7.80
7.95
8.08
8.15
8.00
8.03
6.84
6.63
6.56
6.79
6.88
6.79
2020
7.03
6.94
5.59
5.96
5.85
6.31
6.35
6.59
6.53
6.69
6.88
7.45
2021
8.86
8.80
8.66
8.68
8.82
9.00
8.86
8.91
9.43
9.36
9.16
9.01
2022
9.84
9.23
9.17
9.31
8.79
8.53
9.14
9.55
9.21
8.69
8.81
8.79
2023
8.82
8.84
8.67
8.86
9.29
9.50
9.73
9.69
9.68
7.80
7.96
8.39
2024
9.57
9.71
9.64
9.73
9.95
10.56
11.25
11.35
11.61
11.14
10.45
10.02
2025
8.92
8.45
8.18
8.44
8.93
8.94
9.01
8.46
8.38
8.44
8.52
8.52
2026
10.50
10.14
9.35
9.84
9.91
9.57
9.11
9.06
8.51
·
·
·
cheapestdearest

NIFTY200 Quality 30 dividend yield, month by monthgreen is a HIGH yield, which is the cheap end

above +1 SD 2.28median 2.00below −1 SD 1.70
Dividend yield by month, 2016 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2016
·
·
·
·
·
·
2.04
·
·
·
·
·
2018
·
·
·
1.68
1.70
1.72
1.67
1.66
1.54
1.52
1.42
1.38
2019
1.47
1.45
1.42
1.41
1.45
1.54
1.95
2.02
2.06
1.99
1.96
1.99
2020
1.86
1.86
2.31
2.17
2.21
2.04
2.29
2.34
2.33
2.24
2.17
2.01
2021
1.80
1.81
1.85
1.76
1.85
1.91
1.99
2.05
1.92
1.90
1.96
2.06
2022
1.96
2.19
2.14
2.01
2.18
2.33
2.14
2.05
2.04
2.17
2.38
2.27
2023
2.40
2.45
2.49
2.54
2.43
2.42
2.40
2.40
2.33
2.33
2.34
2.23
2024
1.90
1.84
1.89
1.81
1.73
1.74
1.65
1.69
1.64
1.69
1.93
1.81
2025
1.94
2.26
2.28
2.20
2.09
2.10
2.26
2.41
2.23
2.23
2.17
2.17
2026
1.98
1.94
2.11
2.04
2.00
1.82
1.74
1.68
1.75
·
·
·
cheapestdearest

Frequently asked questions

What is the NIFTY200 Quality 30 P/E ratio today?

The NIFTY200 Quality 30 closed at a price-to-earnings ratio of 26.71 on 11 September 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 Quality 30 overvalued right now?

Against its own history it is fairly valued: a P/E of 26.71 is the 22nd percentile of 2,075 daily closes, with a ten-year median of 28.98. 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 Quality 30?

There is no single good number, but there is a measured middle: 25.19 to 33.18 is the middle 80% of 2,075 daily closes, and the median sits at 28.98. Below 25.19 is the cheapest tenth of this index's own history and above 33.18 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 Quality 30 P/B ratio?

The NIFTY200 Quality 30 price-to-book ratio is 8.34 as of 11 September 2026, against a ten-year median of 8.79. 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 Quality 30 dividend yield?

The NIFTY200 Quality 30 dividend yield is 1.79% as of 11 September 2026, against a ten-year median of 2.00%. 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 — 142 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

NIFTY100 Alpha 30NIFTY100 ESGNIFTY100 Enhanced ESGNIFTY100 Quality 30NIFTY50 Equal WeightNIFTY500 Value 50Nifty 100Nifty 200

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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