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, 1 Oct 2026)
19.19
P/B
2.75
Dividend yield
1.23%

Nifty 50 P/E since Sep 2025

19202122232026Dec 2025: 22.8Oct 2026: 19.2

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

YearP/EP/BDividend yieldAs of
202619.192.751.23%1 Oct 2026
202522.753.551.28%31 Dec 2025

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
IndexCloseP/EP/BDividend yieldP/E vs its history
Nifty 5022,421.9519.22.751.23%–
Nifty 10023,516.5019.02.841.20%–
Nifty Next 5068,981.3518.13.311.06%–
Nifty 50021,857.7521.63.061.03%–
Nifty Midcap 15021,643.8528.13.790.72%–
Nifty Midcap 5016,840.3529.83.650.68%–
Nifty Smallcap 25017,589.0534.13.380.62%–
Nifty Smallcap 509,534.7034.73.790.60%–
Nifty Bank54,450.7512.91.640.73%–
Nifty Private Bank26,697.2516.51.910.68%–
Nifty PSU Bank7,937.807.21.100.81%–
Nifty Financial Services24,556.1015.12.271.01%–
Nifty IT28,304.7017.84.962.83%–
Nifty Pharma26,311.5540.74.950.54%–
Nifty Healthcare16,095.5541.95.320.48%–
Nifty FMCG43,789.8530.47.271.08%–
Nifty Consumer Durables35,927.8057.79.260.42%–
Nifty India Consumption10,862.9536.46.520.85%–
Nifty Auto25,384.9529.53.971.15%–
Nifty Metal12,460.7016.32.651.47%–
Nifty Energy36,388.1514.42.001.90%–
Nifty Oil & Gas10,474.8510.41.291.88%–
Nifty Realty835.0035.43.650.50%–
Nifty Infrastructure8,605.1521.52.561.01%–
Nifty CPSE6,120.1011.81.782.99%–
Nifty PSE9,208.6510.41.622.81%–
Nifty Capital Markets5,041.8041.810.710.68%–
Nifty India Defence9,142.5557.010.820.51%–
Nifty Media1,546.3040.81.680.48%–

NSE daily index closing values for 1 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 19.19 at the close on 1 Oct 2026, with a P/B of 2.75 and a dividend yield of 1.23%.
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 3 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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