InvestorQ : How has the COVID-19 impacted the valuations of the 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 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 Nifty 50 Index have moved between Jan 2020 and April 2020 on a daily basis.

Date

P/E

P/B

Div Yield

01-Jan-20

28.33

3.76

1.24

02-Jan-20

28.56

3.79

1.23

03-Jan-20

28.44

3.77

1.23

06-Jan-20

27.89

3.7

1.26

07-Jan-20

28.03

3.72

1.25

08-Jan-20

27.97

3.71

1.25

09-Jan-20

28.41

3.77

1.23

10-Jan-20

28.51

3.78

1.23

13-Jan-20

28.67

3.8

1.22

14-Jan-20

28.67

3.81

1.22

15-Jan-20

28.63

3.81

1.22

16-Jan-20

28.62

3.68

1.24

17-Jan-20

28.61

3.67

1.24

20-Jan-20

28

3.63

1.25

21-Jan-20

27.84

3.45

1.25

22-Jan-20

27.73

3.42

1.26

23-Jan-20

27.88

3.43

1.25

24-Jan-20

28.1

3.45

1.24

27-Jan-20

27.73

3.42

1.25

28-Jan-20

26.65

3.4

1.26

29-Jan-20

26.81

3.42

1.26

30-Jan-20

26.57

3.39

1.27

31-Jan-20

26.41

3.37

1.27

01-Feb-20

25.75

3.28

1.31

03-Feb-20

25.9

3.3

1.3

04-Feb-20

26.57

3.37

1.27

05-Feb-20

27.05

3.4

1.26

06-Feb-20

27.16

3.42

1.26

07-Feb-20

27.03

3.41

1.26

10-Feb-20

26.89

3.39

1.27

11-Feb-20

27.21

3.41

1.26

12-Feb-20

27.65

3.44

1.25

13-Feb-20

27.59

3.43

1.25

14-Feb-20

27.45

3.41

1.26

17-Feb-20

27.42

3.39

1.27

18-Feb-20

27.29

3.38

1.27

19-Feb-20

27.6

3.41

1.26

20-Feb-20

27.5

3.4

1.26

24-Feb-20

26.92

3.33

1.29

25-Feb-20

26.85

3.32

1.29

26-Feb-20

26.58

3.29

1.3

27-Feb-20

26.48

3.27

1.31

28-Feb-20

25.49

3.15

1.36

02-Mar-20

25.34

3.13

1.37

03-Mar-20

25.73

3.18

1.35

04-Mar-20

25.61

3.17

1.35

05-Mar-20

25.65

3.17

1.35

06-Mar-20

25.01

3.09

1.39

09-Mar-20

23.79

2.94

1.46

11-Mar-20

23.8

2.94

1.46

12-Mar-20

21.83

2.7

1.59

13-Mar-20

22.66

2.8

1.53

16-Mar-20

20.93

2.59

1.66

17-Mar-20

20.41

2.52

1.7

18-Mar-20

19.27

2.38

1.8

19-Mar-20

18.63

2.36

1.84

20-Mar-20

19.72

2.49

1.74

23-Mar-20

17.15

2.17

2

24-Mar-20

17.58

2.22

1.95

25-Mar-20

18.74

2.37

1.83

26-Mar-20

19.47

2.46

1.76

27-Mar-20

19.52

2.47

1.76

30-Mar-20

18.66

2.36

1.84

31-Mar-20

19.38

2.45

1.77

01-Apr-20

18.6

2.35

1.84

03-Apr-20

18.22

2.3

1.88

07-Apr-20

19.81

2.51

1.73

08-Apr-20

19.72

2.49

1.74

09-Apr-20

20.53

2.6

1.67

Definitely, the Coronavirus has ensured that the Nifty has become more attractive in valuation terms during the last 3 months.