InvestorQ : How has the COVID-19 impacted the valuations of the Nifty Mid Cap Index 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 Mid Cap Index and has it made the segment more attractive post the virus?

Answer
user profile image
Neelam Naik answered.
5 months ago


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

Date

P/E

P/B

Div Yield

01-Jan-20

23.5

2.17

1.34

02-Jan-20

23.92

2.21

1.31

03-Jan-20

23.72

2.19

1.33

06-Jan-20

23.14

2.13

1.36

07-Jan-20

23.31

2.15

1.35

08-Jan-20

23.37

2.16

1.35

09-Jan-20

23.77

2.19

1.32

10-Jan-20

23.88

2.2

1.32

13-Jan-20

24.07

2.22

1.31

14-Jan-20

24.26

2.24

1.3

15-Jan-20

24.55

2.26

1.28

16-Jan-20

24.78

2.29

1.27

17-Jan-20

24.87

2.29

1.26

20-Jan-20

24.7

2.27

1.28

21-Jan-20

24.53

2.27

1.27

22-Jan-20

24.44

2.2

1.3

23-Jan-20

25.01

2.22

1.29

24-Jan-20

25.17

2.24

1.28

27-Jan-20

25.04

2.23

1.29

28-Jan-20

24.94

2.19

1.3

29-Jan-20

24.9

2.2

1.29

30-Jan-20

24.93

2.18

1.3

31-Jan-20

24.63

2.15

1.31

01-Feb-20

23.86

2.09

1.35

03-Feb-20

24.46

2.12

1.33

04-Feb-20

24.17

2.15

1.32

05-Feb-20

24.13

2.17

1.3

06-Feb-20

24.34

2.19

1.29

07-Feb-20

24.35

2.2

1.29

10-Feb-20

24.02

2.17

1.3

11-Feb-20

24.54

2.16

1.31

12-Feb-20

24.55

2.16

1.31

13-Feb-20

24.37

2.15

1.31

14-Feb-20

24.65

2.14

1.32

17-Feb-20

24.51

2.12

1.33

18-Feb-20

24.39

2.11

1.34

19-Feb-20

24.78

2.14

1.32

20-Feb-20

24.9

2.15

1.31

24-Feb-20

24.32

2.1

1.34

25-Feb-20

24.29

2.1

1.35

26-Feb-20

23.98

2.07

1.36

27-Feb-20

23.76

2.05

1.38

28-Feb-20

22.83

1.97

1.43

02-Mar-20

22.58

1.95

1.45

03-Mar-20

23.05

1.99

1.42

04-Mar-20

22.74

1.96

1.44

05-Mar-20

22.78

1.97

1.44

06-Mar-20

22.13

1.91

1.48

09-Mar-20

21.01

1.81

1.56

11-Mar-20

20.84

1.8

1.57

12-Mar-20

19.07

1.65

1.71

13-Mar-20

19.81

1.71

1.65

16-Mar-20

18.43

1.59

1.77

17-Mar-20

17.99

1.55

1.82

18-Mar-20

17.03

1.47

1.92

19-Mar-20

16.36

1.41

2

20-Mar-20

17.27

1.49

1.89

23-Mar-20

14.7

1.27

2.23

24-Mar-20

15.06

1.3

2.17

25-Mar-20

15.74

1.36

2.08

26-Mar-20

16.29

1.41

2.01

27-Mar-20

16.23

1.4

2.02

30-Mar-20

15.8

1.36

2.07

31-Mar-20

16.1

1.39

2.03

01-Apr-20

15.66

1.35

2.09

03-Apr-20

15.37

1.33

2.13

07-Apr-20

16.36

1.41

2

08-Apr-20

16.64

1.44

1.97

09-Apr-20

17.31

1.5

1.89

The above show the mid caps also getting relatively cheaper post the pandemic.