Nifty MidSmallcap 400 Valuation: Cheap, Fair, or Expensive?

A data-driven valuation view for Nifty MidSmallcap 400 using current and historical index metrics.

Updated: 24 Apr 2026 | Data as of: 24 Apr 2026 | Path: /indices/mid-smallcap-400/valuation

Index Value

19,862.00

Daily Change

-1.03%

32.57

4.17

Dividend Yield

0.72%

Snapshot Date

24 Apr 2026

Valuation Zone

Zone is Expensive based on historical PE context. Method: percentile.

ExpensivePercentile meter

Valuation Zone

Expensive

Current PE

32.57

Current PB

4.17

PE 5Y Avg

29.18

PE 10Y Avg

29.18

Dividend Yield

0.72%

SIP

Maintain

Maintain SIP contributions for long-term discipline.

Lump-sum

Avoid

Avoid lump-sum entries at elevated valuations.

Rules-based educational guidance only. Not a buy/sell call.