Market Intelligence › Market history › Valuations (P/E)
Nifty P/E Ratio Today and History
The price-to-earnings (P/E) ratio is the index level divided by the combined trailing earnings of its companies. NSE publishes it, with the price-to-book ratio and dividend yield, for every index each trading day. These figures come from those daily files.
Nifty 50 P/E (NSE, 27 Oct 2026)
19.07
P/B
2.79
Dividend yield
1.43%
Percentile among daily readings since 2021
0th
Median P/E since 2021
22.1
Nifty 50 P/E since Jun 2015
Month-end values. Hover a year-end point for its value.
NSE daily index closing values (P/E column), month-end values. History collected from NSE's daily files.
Nifty 50 valuation at each year-end
| Year | P/E | P/B | Dividend yield | As of |
|---|---|---|---|---|
| 2026 | 19.07 | 2.79 | 1.43% | 27 Oct 2026 |
| 2025 | 22.75 | 3.55 | 1.28% | 31 Dec 2025 |
| 2024 | 21.79 | 3.53 | 1.27% | 31 Dec 2024 |
| 2023 | 23.17 | 3.81 | 1.28% | 29 Dec 2023 |
| 2022 | 21.79 | 4.25 | 1.27% | 30 Dec 2022 |
| 2021 | 24.11 | 4.37 | 1.19% | 31 Dec 2021 |
| 2020 | 38.45 | 3.96 | 1.14% | 31 Dec 2020 |
| 2019 | 28.30 | 3.75 | 1.24% | 31 Dec 2019 |
| 2018 | 26.17 | 3.38 | 1.24% | 31 Dec 2018 |
| 2017 | 26.92 | 3.55 | 1.08% | 29 Dec 2017 |
| 2016 | 21.93 | 3.10 | 1.35% | 30 Dec 2016 |
| 2015 | 21.49 | 3.19 | 1.46% | 31 Dec 2015 |
Last trading day of each year (or the latest day for the current year). Source: NSE.
P/E, P/B and dividend yield of NSE indices
show table
| Index | Close | P/E | P/B | Dividend yield | P/E vs its history |
|---|---|---|---|---|---|
| Nifty 50 | 22,749.75 | 19.1 | 2.79 | 1.43% | higher than 0% (median 22.1 since 2021) |
| Nifty 100 | 23,689.95 | 18.7 | 2.87 | 1.44% | higher than 0% (median 22.4 since 2021) |
| Nifty Next 50 | 67,343.95 | 17.2 | 3.24 | 1.52% | higher than 0% (median 23.1 since 2021) |
| Nifty 500 | 21,734.90 | 20.9 | 3.05 | 1.28% | higher than 4% (median 23.9 since 2021) |
| Nifty Midcap 150 | 21,003.15 | 26.5 | 3.68 | 1.00% | higher than 27% (median 30.1 since 2021) |
| Nifty Midcap 50 | 16,412.70 | 27.8 | 3.56 | 0.90% | higher than 41% (median 31.8 since 2021) |
| Nifty Smallcap 250 | 16,933.70 | 31.8 | 3.26 | 0.76% | higher than 73% (median 28.9 since 2021) |
| Nifty Smallcap 50 | 9,307.90 | 32.5 | 3.70 | 0.67% | higher than 77% (median 29.3 since 2021) |
| Nifty Bank | 53,974.90 | 12.1 | 1.63 | 1.16% | higher than 0% (median 16.2 since 2021) |
| Nifty Private Bank | 26,628.45 | 15.3 | 1.91 | 0.68% | higher than 9% (median 18.0 since 2021) |
| Nifty PSU Bank | 8,126.70 | 7.2 | 1.12 | 2.56% | higher than 11% (median 8.4 since 2021) |
| Nifty Financial Services | 24,303.75 | 14.5 | 2.24 | 1.00% | higher than 0% (median 17.8 since 2021) |
| Nifty IT | 32,189.45 | 19.7 | 5.64 | 2.89% | higher than 6% (median 27.4 since 2021) |
| Nifty Pharma | 26,267.25 | 41.2 | 4.95 | 0.57% | higher than 98% (median 33.6 since 2021) |
| Nifty Healthcare | 15,917.60 | 42.0 | 5.26 | 0.51% | higher than 88% (median 37.6 since 2021) |
| Nifty FMCG | 43,118.20 | 29.8 | 7.16 | 2.67% | higher than 0% (median 42.0 since 2021) |
| Nifty Consumer Durables | 34,254.80 | 54.2 | 8.82 | 0.47% | higher than 1% (median 67.2 since 2021) |
| Nifty India Consumption | 10,936.65 | 36.6 | 6.56 | 1.29% | higher than 4% (median 41.1 since 2021) |
| Nifty Auto | 25,340.80 | 29.5 | 3.96 | 1.15% | higher than 45% (median 30.2 since 2021) |
| Nifty Metal | 11,806.70 | 14.9 | 2.51 | 1.80% | higher than 36% (median 18.7 since 2021) |
| Nifty Energy | 35,261.85 | 13.9 | 1.94 | 2.54% | higher than 51% (median 13.8 since 2021) |
| Nifty Oil & Gas | 10,536.00 | 10.6 | 1.30 | 3.32% | higher than 45% (median 10.9 since 2021) |
| Nifty Realty | 805.05 | 34.7 | 3.51 | 0.52% | higher than 4% (median 48.2 since 2021) |
| Nifty Infrastructure | 8,726.60 | 21.8 | 2.59 | 1.33% | higher than 61% (median 21.4 since 2021) |
| Nifty CPSE | 5,961.70 | 11.5 | 1.73 | 3.45% | higher than 50% (median 11.4 since 2021) |
| Nifty PSE | 9,048.60 | 10.2 | 1.59 | 3.58% | higher than 54% (median 9.9 since 2021) |
| Nifty Capital Markets | 5,113.25 | 41.9 | 10.86 | 1.07% | higher than 20% (median 44.7 since 2023) |
| Nifty India Defence | 8,819.90 | 54.9 | 10.31 | 0.53% | higher than 73% (median 47.5 since 2022) |
| Nifty Media | 1,615.05 | 42.7 | 1.75 | 0.94% | higher than 34% (median 63.7 since 2021) |
NSE daily index closing values for 27 Oct 2026. Sectors differ widely in typical valuation, so each index is best compared with its own history.
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Questions
- What is the Nifty 50 P/E ratio today?
- NSE's published P/E for the Nifty 50 was 19.07 at the close on 27 Oct 2026, with a P/B of 2.79 and a dividend yield of 1.43%. That is higher than 0% of daily readings since 2021 (median 22.1).
- Is a high P/E good or bad?
- Neither on its own. A higher P/E means investors are paying more for each rupee of past earnings, which can reflect expectations of faster growth or lower interest rates. In many markets higher starting valuations have been followed by lower long-run returns on average, but the link is loose, especially over one or two years.
- Why is the Nifty P/E different from what some websites show?
- NSE changed its method in April 2021 to use consolidated earnings where available, which lowered the published P/E, and different sources use standalone or consolidated, trailing or forward earnings. This page shows NSE's own published figure for each day.
Data & disclosure. Figures are calculated by Integrato from AMFI NAVs, FRED (Federal Reserve Bank of St. Louis) and World Bank data; data checked 28 Oct 2026. Index-fund and ETF NAVs stand in for index levels and differ from them by fund costs and tracking difference. Source institutions may revise data. Historical performance is not indicative of future returns, and historical relationships may not persist. This page is for information and education; it is not a recommendation to buy or sell anything. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Sources and methodology →
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