Nifty P/E Ratio Today: P/E, P/B and Dividend Yield of NSE Indices
The price-to-earnings (P/E) ratio is the most widely used way to judge how expensive the Indian stock market is. NSE publishes the P/E, price-to-book (P/B) ratio and dividend yield of every index it runs. This page shows today’s figures for the Nifty 50, the broad market and each sector index, and the Nifty 50 history StockPil has recorded, updated every hour.
The Nifty 50 trades at a price-to-earnings (P/E) ratio of 19.02, a price-to-book (P/B) ratio of 2.73 and a dividend yield of 1.24%, according to NSE. A P/E of 19.02 means investors pay ₹19.02 for every ₹1 of the index's annual earnings, an earnings yield of 5.26%. Since 25 Sep 2026, the Nifty P/E recorded here has ranged from 19.02 to 19.56. Among NSE sector indices, Nifty Psu Bank has the lowest P/E (7.20) and Nifty Consumer Durables the highest (57.22).
NSE data as of 08-Oct-2026 15:30 IST.
Nifty 50 P/E, as recorded by StockPil
Broad market indices
| Index | Level | P/E | P/B | Dividend yield | Earnings yield | 1 year |
|---|---|---|---|---|---|---|
| Nifty 100 | 23,266.75 | 18.76 | 2.81 | 1.21% | 5.33% | −9.42% |
| Nifty 200 | 12,897.80 | 20.02 | 2.95 | 1.10% | 5.00% | −7.69% |
| Nifty 500 | 21,616.15 | 21.32 | 3.03 | 1.04% | 4.69% | −6.46% |
| Nifty Midcap 50 | 16,530.90 | 29.26 | 3.58 | 0.70% | 3.42% | +1.09% |
| Nifty Midcap 100 | 57,882.50 | 27.30 | 3.68 | 0.67% | 3.66% | +0.03% |
| Nifty Smallcap 100 | 19,050.10 | 37.35 | 3.69 | 0.55% | 2.68% | +6.48% |
| Nifty Midcap 150 | 21,311.50 | 27.67 | 3.73 | 0.74% | 3.61% | −0.77% |
| Nifty Smallcap 50 | 9,486.80 | 34.56 | 3.77 | 0.61% | 2.89% | +11.11% |
| Nifty Smallcap 250 | 17,488.30 | 33.86 | 3.36 | 0.62% | 2.95% | +3.14% |
| Nifty Midsmallcap 400 | 19,953.80 | 29.60 | 3.59 | 0.70% | 3.38% | +0.50% |
| Nifty500 Multicap 50:25:25 | 15,426.60 | 23.23 | 3.13 | 0.95% | 4.30% | −4.09% |
| Nifty Largemidcap 250 | 15,402.15 | 22.34 | 3.21 | 0.98% | 4.48% | −5.14% |
| Nifty Total Market | 12,242.15 | 21.50 | 3.03 | 1.02% | 4.65% | −5.82% |
| Nifty Microcap 250 | 25,468.15 | 26.46 | 3.03 | 0.48% | 3.78% | +9.22% |
| Nifty500 Largemidsmall Equal-cap Weighted | 17,320.40 | 25.23 | 3.26 | 0.86% | 3.96% | −2.30% |
| Nifty Smallcap 500 | 20,059.00 | 31.49 | 3.29 | 0.62% | 3.18% | +0.00% |
| Nifty Midsmallcap400 50:50 | 19,591.35 | 30.49 | 3.54 | 0.68% | 3.28% | +0.00% |
Sector indices, cheapest to most expensive by P/E
| Index | Level | P/E | P/B | Dividend yield | Earnings yield | 1 year |
|---|---|---|---|---|---|---|
| Nifty Psu Bank | 7,995.95 | 7.20 | 1.11 | 0.80% | 13.89% | +6.28% |
| Nifty Oil & Gas | 10,354.65 | 10.32 | 1.28 | 1.90% | 9.69% | −9.29% |
| Nifty Financial Services 25/50 | 26,461.80 | 14.64 | 2.32 | 1.13% | 6.83% | −7.90% |
| Nifty Metal | 11,870.05 | 15.57 | 2.52 | 1.58% | 6.42% | +17.10% |
| Nifty Private Bank | 26,869.10 | 16.60 | 1.93 | 0.67% | 6.02% | −1.97% |
| Nifty It | 27,736.60 | 17.45 | 4.86 | 2.89% | 5.73% | −21.27% |
| Nifty Financial Services Ex-bank | 29,144.10 | 19.52 | 3.56 | 0.81% | 5.12% | −3.16% |
| Nifty Midsmall Financial Services | 20,683.60 | 19.59 | 2.50 | 0.68% | 5.10% | +11.27% |
| Nifty Cement | 13,184.95 | 24.83 | 1.90 | 0.43% | 4.03% | +0.00% |
| Nifty Auto | 24,512.70 | 28.49 | 3.83 | 1.19% | 3.51% | −7.58% |
| Nifty Midsmall It & Telecom | 9,612.30 | 29.20 | 5.40 | 0.69% | 3.42% | −0.58% |
| Nifty Fmcg | 43,898.05 | 30.44 | 7.29 | 1.08% | 3.29% | −19.44% |
| Nifty Realty | 796.60 | 33.73 | 3.48 | 0.52% | 2.96% | −9.00% |
| Nifty Pharma | 25,823.25 | 39.95 | 4.86 | 0.54% | 2.50% | +18.96% |
| Nifty Media | 1,534.50 | 40.49 | 1.66 | 0.48% | 2.47% | −1.38% |
| Nifty Healthcare Index | 15,684.65 | 40.84 | 5.18 | 0.49% | 2.45% | +8.62% |
| Nifty Chemicals | 27,808.15 | 41.65 | 3.66 | 0.58% | 2.40% | −4.40% |
| Nifty Midsmall Healthcare | 49,652.40 | 43.74 | 5.24 | 0.29% | 2.29% | +13.29% |
| Nifty500 Healthcare | 20,478.35 | 43.85 | 5.43 | 0.43% | 2.28% | +0.00% |
| Nifty Reits & Realty | 1,821.00 | 51.74 | 2.72 | 3.62% | 1.93% | +0.00% |
| Nifty Consumer Durables | 35,613.20 | 57.22 | 9.17 | 0.42% | 1.75% | −6.86% |
Nifty 50 valuation by day
| Date | P/E | P/B | Dividend yield |
|---|---|---|---|
| Thu 8 Oct 2026 | 19.02 | 2.73 | 1.24% |
| Wed 7 Oct 2026 | 19.34 | 2.78 | 1.22% |
| Tue 6 Oct 2026 | 19.49 | 2.80 | 1.21% |
| Mon 5 Oct 2026 | 19.30 | 2.77 | 1.23% |
| Wed 30 Sep 2026 | 19.36 | 2.78 | 1.22% |
| Mon 28 Sep 2026 | 19.26 | 2.75 | 1.24% |
| Fri 25 Sep 2026 | 19.56 | 2.80 | 1.22% |
Data: NSE India index valuation figures (P/E, P/B and dividend yield as published by NSE for each index), refreshed hourly. Earnings yield is 100 divided by the P/E. StockPil records the Nifty 50 figures every trading day from 25 September 2026, so the history grows each session. Not investment advice.
Frequently asked questions
What is the Nifty P/E ratio?
It is the combined market value of the companies in the Nifty 50 divided by their combined earnings over the last twelve months, as calculated by NSE. A P/E of 20 means investors are paying ₹20 for every ₹1 of yearly profit.
What is the earnings yield?
The earnings yield is the P/E turned upside down: 100 divided by the P/E. It shows earnings as a percentage of the price and is often compared with bond yields.
What do P/B and dividend yield show?
The price-to-book ratio compares the index’s market value with the book value (net assets) of its companies. The dividend yield is the dividends paid over the last year as a percentage of the index level.
Is a high P/E bad?
A high P/E means investors are paying more for each rupee of current earnings, usually because they expect profits to grow. It does not tell you on its own whether the market will rise or fall. Compare it with the index’s own history and with earnings growth.
How often is this page updated?
Every hour on trading days, using NSE’s published index data. Figures during market hours change with prices; the closing figures are kept in the daily history table.