Nifty Smallcap250 Quality 50 PE Ratio
Valuation Percentile
Nifty Smallcap250 Quality 50's PB is cheaper than 92% of the last 3 years.
Not enough history for a 5Y percentile, showing 3Y instead.
The Nifty Smallcap250 Quality 50 PE ratio is 23.75 as of 1 October 2026, about 5% below its 3-year median of 24.88, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 3 Years | 24.88 | -4.54% |
| 1 Year | 24.52 | -3.12% |
Historical PE Ratio
Series start. P/E is published from 14 Mar 2023. Index values go back to 1 Apr 2005.
Earnings
Index earnings are the profits behind the index level: the closing value divided by the P/E ratio, in index points. The line moves in steps because it changes only when trailing four-quarter profits are updated or the constituents change. Compare it with price to see whether a move came from earnings or from a change in what investors pay for them.
Nifty Smallcap250 Quality 50 earnings grew +5.70% a year over the last 3 years, while the index moved +7.41% a year and its P/E went from 22.6 to 23.8.
Earnings growth is annualised from the last trading day at or before the start of each window to 1 Oct 2026. Price growth uses the index level over the same two dates, excluding dividends. EPS is undefined on days with no published P/E, so those days are skipped. Past growth, not a forecast.
Ways to invest in Nifty Smallcap250 Quality 50
0 ETFs and 1 index fund track this index. Prices and NAVs as of 1 Oct 2026.
Index funds (1)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| DSP Nifty Smallcap250 Quality 50 Index Fund | DSP Asset Managers Private Limited | 10.761 Oct 2026 | 2023 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
1-year holding windows since 2023 returned a median of +1.60% (best +64.42%, worst -18.97%).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty Smallcap250 Quality 50. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Smallcap250 Quality 50
The Nifty Smallcap250 Quality 50 contains 50 constituents. Its largest sectors by weight are Financial Services (27.3%) and Automobile and Auto Components (10.1%).
Recent changes
23 July 2026: Added Indian Energy Exchange Ltd.. Removed J.B. Chemicals & Pharmaceuticals Ltd..
Constituent list as of 4 October 2026, sourced from NSE Indices. Weights as of 30 September 2026, from the NSE factsheet.
How this index works
- Universe
- • The company must be domiciled in India and traded (listed & traded and not listed but permitted to trade) at the National Stock Exchange (NSE) are eligible for inclusion in the Nifty indices • Convertible stock, bonds, warrants, rights, and preferred stock that provide a guaranteed fixed return,
- Selection
- Introduction The Nifty Smallcap250 Quality 50 Index aims to tracks the performance of the small cap stocks which are selected based on their quality scores.
- Rebalanced
- Quarterly
- Weight cap
- The month over month change in allocation to equity component (Nifty 50 TR, excluding arbitrage component) by asset allocation model at the time of rebalancing is capped at 10%
Summarised from NSE's official methodology document (PDF) for the Nifty Smallcap250 Quality 50; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty Smallcap250 Quality 50 PE ratio?
As of 1 October 2026, the Nifty Smallcap250 Quality 50 PE ratio is 23.75. That is about 5% below its 3-year median of 24.88 and about 3% below its 1-year median of 24.52.
Is the Nifty Smallcap250 Quality 50 undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 23.75 sits below every median window: 1-year (24.52) and 3-year (24.88).
What is a normal PE ratio for the Nifty Smallcap250 Quality 50?
Over the past three years its median PE has been 24.88, and over the past one year 24.52. Today's 23.75 is toward the lower end of that historical range.
How many stocks are in the Nifty Smallcap250 Quality 50?
The Nifty Smallcap250 Quality 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (9 stocks), Information Technology (7 stocks) and Capital Goods (5 stocks).
What returns has the Nifty Smallcap250 Quality 50 delivered?
As of September 2026, the Nifty Smallcap250 Quality 50 total return (with dividends reinvested) is -4.12% over the past year and +11.71% annualized over the past five years. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.
How volatile is the Nifty Smallcap250 Quality 50?
Over the year to September 2026, the Nifty Smallcap250 Quality 50 had an annualized volatility (standard deviation of daily returns) of 16.54%. Its beta versus the Nifty 50 is 0.99, meaning it has moved roughly in line with the broad market.
What is a typical one-year return for the Nifty Smallcap250 Quality 50?
Across every one-year holding window since 2023, the Nifty Smallcap250 Quality 50 total return has a median of +1.60%, with the best window at +64.42% and the worst at -18.97%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
How fast have Nifty Smallcap250 Quality 50 earnings grown?
Nifty Smallcap250 Quality 50 earnings, measured as the index level divided by its P/E, grew +5.70% a year over the last 3 years, while the index itself moved +7.41% a year and its P/E rose from 22.63 to 23.75. Past growth, not a forecast.
How often is the Nifty Smallcap250 Quality 50 rebalanced?
The Nifty Smallcap250 Quality 50 is rebalanced quarterly. Details are in the official NSE methodology document.
Last updated: 1 October 2026.