Nifty200 Alpha 30 PE Ratio
Valuation Percentile
Nifty200 Alpha 30's PB is cheaper than 54% of the last 3 years.
Not enough history for a 5Y percentile, showing 3Y instead.
The Nifty200 Alpha 30 PE ratio is 20.27 as of 20 August 2026, about 23% below its 3-year median of 26.40, which places it in significantly undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 3 Years | 26.40 | -23.22% |
| 1 Year | 28.46 | -28.78% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2005 returned a median of +17.94% (best +106.95%, worst -71.64%).
View full performance and risk
Returns as of July 2026, from the NSE factsheet for the Nifty200 Alpha 30. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty200 Alpha 30
The Nifty200 Alpha 30 contains 30 constituents. Its largest sectors by weight are Financial Services (29.8%) and Capital Goods (20.4%).
Constituent list as of 16 August 2026, sourced from NSE Indices. Weights as of 31 July 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: Nifty200 Alpha 30 index which consists of 30 stocks selected from its parent Nifty 200 based on ‘Jensen’s Alpha’. Stock weights are based on their alpha scores. The alpha score for each company is determined based on Jensen’s alpha computed using 1-year trailing prices.
- Rebalanced
- Annually. The review of Nifty Dividend Opportunities 50 index is undertaken annually based on data for six months ending January.
- 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 Nifty200 Alpha 30; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty200 Alpha 30 PE ratio?
As of 20 August 2026, the Nifty200 Alpha 30 PE ratio is 20.27. That is about 23% below its 3-year median of 26.40 and about 29% below its 1-year median of 28.46.
Is the Nifty200 Alpha 30 undervalued right now?
On a historical basis it screens as significantly undervalued. Its current PE of 20.27 sits below every median window: 1-year (28.46) and 3-year (26.40).
What is a normal PE ratio for the Nifty200 Alpha 30?
Over the past three years its median PE has been 26.40, and over the past one year 28.46. Today's 20.27 is toward the lower end of that historical range.
How many stocks are in the Nifty200 Alpha 30?
The Nifty200 Alpha 30 contains 30 stocks. By number of companies, its largest sectors are Financial Services (10 stocks), Capital Goods (6 stocks) and Metals & Mining (4 stocks).
What returns has the Nifty200 Alpha 30 delivered?
As of July 2026, the Nifty200 Alpha 30 total return (with dividends reinvested) is +5.84% over the past year and +16.09% 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 Nifty200 Alpha 30?
Over the year to July 2026, the Nifty200 Alpha 30 had an annualized volatility (standard deviation of daily returns) of 19.09%. Its beta versus the Nifty 50 is 1.23, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty200 Alpha 30?
Across every one-year holding window since 2005, the Nifty200 Alpha 30 total return has a median of +17.94%, with the best window at +106.95% and the worst at -71.64%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
How often is the Nifty200 Alpha 30 rebalanced?
The Nifty200 Alpha 30 is rebalanced annually. The review of Nifty Dividend Opportunities 50 index is undertaken annually based on data for six months ending January. Details are in the official NSE methodology document.
Last updated: 20 August 2026.