InvestorQ : How has the COVID-19 impacted the valuations of the Bank Nifty and has it made the segment more attractive post the virus?
Anu Biswas made post

How has the COVID-19 impacted the valuations of the Bank Nifty and has it made the segment more attractive post the virus?

Answer
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Neelam Naik answered.
6 months ago


The table below captures how the valuations of the Bank Nifty Index have moved between Jan 2020 and April 2020 on a daily basis.

Date

P/E

P/B

Div Yield

01-Jan-20

40.73

3.35

0.31

02-Jan-20

41.16

3.38

0.3

03-Jan-20

40.68

3.34

0.31

06-Jan-20

39.62

3.29

0.32

07-Jan-20

39.83

3.31

0.32

08-Jan-20

39.79

3.3

0.32

09-Jan-20

40.71

3.38

0.31

10-Jan-20

40.71

3.38

0.31

13-Jan-20

40.81

3.39

0.31

14-Jan-20

40.68

3.38

0.31

15-Jan-20

40.37

3.35

0.31

16-Jan-20

40.02

3.09

0.36

17-Jan-20

39.69

3.07

0.37

20-Jan-20

37.88

3.02

0.37

21-Jan-20

37.4

2.96

0.35

22-Jan-20

37.1

2.9

0.36

23-Jan-20

37.59

2.92

0.36

24-Jan-20

37.88

2.95

0.36

27-Jan-20

35.38

2.91

0.36

28-Jan-20

35.85

2.88

0.36

29-Jan-20

35.99

2.88

0.37

30-Jan-20

35.72

2.86

0.37

31-Jan-20

35.94

2.88

0.37

01-Feb-20

34.75

2.78

0.38

03-Feb-20

35.04

2.8

0.38

04-Feb-20

35.02

2.86

0.37

05-Feb-20

35.5

2.89

0.37

06-Feb-20

35.85

2.92

0.36

07-Feb-20

35.73

2.91

0.36

10-Feb-20

35.57

2.9

0.37

11-Feb-20

35.85

2.92

0.36

12-Feb-20

36.07

2.94

0.36

13-Feb-20

35.77

2.91

0.36

14-Feb-20

35.31

2.88

0.37

17-Feb-20

35.14

2.86

0.37

18-Feb-20

35

2.85

0.37

19-Feb-20

35.32

2.88

0.37

20-Feb-20

35.44

2.89

0.37

24-Feb-20

34.88

2.84

0.37

25-Feb-20

34.85

2.84

0.37

26-Feb-20

34.71

2.83

0.38

27-Feb-20

34.57

2.82

0.38

28-Feb-20

33.38

2.72

0.39

02-Mar-20

33.06

2.69

0.39

03-Mar-20

33.41

2.72

0.39

04-Mar-20

32.82

2.67

0.4

05-Mar-20

33

2.69

0.39

06-Mar-20

31.84

2.59

0.41

09-Mar-20

30.31

2.47

0.43

11-Mar-20

30.33

2.47

0.43

12-Mar-20

27.45

2.24

0.47

13-Mar-20

28.82

2.35

0.45

16-Mar-20

26.46

2.16

0.49

17-Mar-20

25.37

2.07

0.51

18-Mar-20

23.57

1.92

0.55

19-Mar-20

21.69

1.88

0.48

20-Mar-20

21.95

1.9

0.48

23-Mar-20

18.27

1.58

0.57

24-Mar-20

18.48

1.6

0.57

25-Mar-20

19.96

1.73

0.52

26-Mar-20

21.19

1.83

0.49

27-Mar-20

21.57

1.87

0.49

30-Mar-20

20.29

1.76

0.52

31-Mar-20

20.68

1.79

0.51

01-Apr-20

19.67

1.7

0.53

03-Apr-20

18.63

1.61

0.56

07-Apr-20

20.59

1.78

0.51

08-Apr-20

20.46

1.77

0.51

09-Apr-20

21.51

1.86

0.49

Again this is a case of valuations becoming very reasonable on the bank Nifty in the back of the virus pandemic.