Nifty200 Value 30 stocks list
NSEStrategy30 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it. Price to earnings of an index: how it is worked out
- 8.54
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 1.18
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 3.70%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage. One-month return of an index in the glossary
- −5.39%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage. Three-month return of an index in the glossary
- −8.97%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage. One-year return of an index in the glossary
- −1.33%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
At or below today's level on 1% of 590 trading days over the last 3 years.
At or below today's level on 1% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 27 Oct 2026
What the Nifty200 Value 30 companies earned
Revenue against the same quarter a year earlier, over today's members that filed both; profit after tax added up over the members that filed the quarter. A quarter fewer than 60% of them filed is left out, and the newest is added once nearly as many have filed it as the one before.
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 28 companies that filed both.
- +16.3%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 30 companies that filed it; a loss counts as negative.
- ₹1,14,581 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 30 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 30of 30
- Median ROCEMedian return on capital employed. The middle figure of the 18 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 11.3%year to Mar 2026
Revenue against the same quarter a year earlier, per cent
Profit after tax, ₹ crore, added up over the companies that filed
The largest companies
The 12 largest companies in the Nifty200 Value 30, each sized by its market cap.
Market cap, ₹ crore
- State Bank of India₹8,72,400 Cr
- ITC₹3,25,793 Cr
- NTPC₹2,92,645 Cr
- Oil & Natural Gas Corporation₹2,89,158 Cr
- Coal India₹2,45,277 Cr
- Power Grid Corporation of India₹2,34,143 Cr
- Tata Steel₹2,13,993 Cr
- Hindalco Industries₹2,00,273 Cr
- Grasim Industries₹1,97,423 Cr
- Indian Oil Corporation₹1,86,047 Cr
- Union Bank of India₹1,40,916 Cr
- Punjab National Bank₹1,39,375 Cr
Companies in the Nifty200 Value 30
Largest first, by market cap.
State Bank of IndiaSBIN · Banks₹945.10−1.63%₹8,72,400 Cr10.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.84%+2.4%
Union Bank of IndiaUNIONBANK · Banks₹184.60+1.88%₹1,40,916 Cr6.40Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.71%+27.3%
Punjab National BankPNB · Banks₹121.27+0.31%₹1,39,375 Cr6.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.47%+1.4%
Bank of BarodaBANKBARODA · Banks₹233.93+0.83%₹1,20,974 Cr–Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.3.63%−14.5%
Indian BankINDIANB · Banks₹840.00+1.20%₹1,13,145 Cr8.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.17%+1.7%
Canara BankCANBK · Banks₹118.01+1.11%₹1,07,043 Cr5.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.3.56%−8.6%
Power Finance CorporationPFC · Finance₹315.60−0.85%₹1,04,151 Cr4.00Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.5.94%−20.5%
The Federal BankFEDERALBNK · Banks₹341.60−0.81%₹84,467 Cr16.30Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.35%+46.0%
RECRECLTD · Finance₹286.50−3.92%₹75,442 Cr5.00Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.4.75%−23.3%
Hindustan Petroleum CorporationHINDPETRO · Petroleum Products₹354.00+3.07%₹75,325 Cr52.401.0%6.85%−22.0%
IndusInd BankINDUSINDBK · Banks₹833.30−1.33%₹64,926 Cr21.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.18%+8.2%
Bank of IndiaBANKINDIA · Banks₹132.02+4.51%₹60,104 Cr4.80Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.3.52%−5.5%
LIC Housing FinanceLICHSGFIN · Finance₹510.00+2.53%₹28,053 Cr4.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.96%−12.7%
Funds that follow the Nifty200 Value 30
3 index funds and ETFs track the Nifty200 Value 30.
ICICI Prudential Nifty200 Value 30 Index FundIndex Fund · ICICI Prudential Mutual FundNAV₹10.17531Y−0.25%3Y–5Y–Size₹195 CrCost0.59%- ICICI Prudential Nifty200 Value 30 ETFETF · ICICI Prudential Mutual FundNAV₹14.04941Y−0.27%3Y–5Y–Size₹48 CrCost0.38%
Kotak Nifty200 Value 30 Index FundIndex Fund · Kotak Mahindra Mutual FundNAV₹8.89601Y–3Y–5Y–Size₹17 CrCost1.03%
About the Nifty200 Value 30
Nifty200 Value 30 is an index of 30 companies from the Nifty 200, chosen on a value score built from earnings, book value and sales relative to price, and dividend yield. It is managed by NSE Indices Limited.
How companies are chosen
Stocks that are part of the Nifty 200 at the time of a review are eligible, if they have a minimum listing history of 1 month and are available for trading in the derivative segment (F&O) on the effective date.
For each eligible stock, a Z score is worked out for each of the four ratios: the stock's ratio, minus the mean of the eligible universe, divided by the universe's standard deviation. The ratios use the latest financial year's data, consolidated where available and standalone otherwise.
The four Z scores are averaged with a weight of 0.25 each. The value score is 1 plus the average Z score where that is above 0, and 1 divided by (1 minus the average Z score) where it is below 0. The top 30 stocks by value score are selected.
How it is weighted
A stock's weight is its free-float market cap multiplied by its value score. Each stock is capped at the lower of 5% or 5 times its weight based only on free-float market cap, and the cap is applied semi-annually at rebalancing. Free float counts only the shares normally expected to be available for trading, leaving out those reported under the promoter category.
When it is reviewed
The index is rebalanced and reconstituted every six months, in Jun and Dec, using data ending the last trading day of May and Nov.
A stock that has left the Nifty 200 leaves the index at the next review. A current member stays if its value score rank is within the top 45, and the top 15 ranked stocks not already in the index are included, replacing the members with the lowest value scores.
Base date and value
The index has a base date of 1 Apr 2005 and a base value of 1000. It was launched on 12 Jun 2024.
- Published by
- NSE
- Kind
- Strategy
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time. Companies in an index in the glossary
- 30
- List last changed
- 9 Oct 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out. Members above their 200-day average in the glossary
- 4 of 30
Strategy indices
Others in this group, the most used as a fund's benchmark first.All
BSE 200 Equal Weight Index200 companiesP/E 22.72- BSE Enhanced Value Index30 companiesP/E 8.76
- BSE LargeMid (60:40) Stable Dividend 5050 companiesP/E 23.38
Nifty Top 15 Equal Weight15 companiesP/E 17.82
Nifty Top 20 Equal Weight20 companiesP/E 19.35
Nifty Total Market Momentum Quality 5050 companiesP/E 33.16
Nifty500 Flexicap Quality 3030 companiesP/E 30.02- Nifty500 Low Volatility 5050 companiesP/E 20.65
- Nifty500 Multicap Momentum Quality 5050 companiesP/E 27.66
- Nifty500 Quality 5050 companiesP/E 24.23