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INDEX VALUATION

Nifty 50 PE Ratio

Nifty 50 P/E ratio, P/B ratio, and dividend yield - updated monthly

Other indices:Nifty 100 TRINifty 50Nifty 500 TRINifty LargeMidcap 250 TRINifty Midcap 150 TRINifty Smallcap 250 TRIS&P BSE Sensex
PE Ratio (as of 2026-10-29)
19.19
P/B Ratio
2.82
Dividend Yield
1.42%
Fairly valued - current PE of 19.19 sits within the trailing 10-year median ± 1 standard deviation band (18.8-26.96, median 22.88). Band computed from 131 real observations, not a fixed historical threshold.

The valuation band re-centers on the trailing 10 years of real PE data rather than the index's full history, so it reflects current-era valuation norms instead of a decades-stale average. See Nifty 50 historical returns →

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Nifty 50 PE valuation vs 10-year median

0 = the trailing 10-year median PE (22.88). Dashed lines mark +/-1/2/3 standard deviations from it.

-3.7σ-1.6σ0.6σ2.7σ4.8σ+3SD+2SD+1SD-1SD-2SD-3SD2015-11-302017-05-312018-11-302020-05-292021-11-302023-05-312024-11-292026-05-312026-10-29

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Nifty 50 valuation heatmap - PE deviation from median

Trailing 20 years, one cell per month. Value = standard deviations from the trailing 10-year median PE at that point in time - green means cheap vs its own history, red means expensive.

JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC2026-0.21-0.21-0.8-0.48-0.64-0.56-0.51-0.62-0.86-0.9--2025-0.38-0.79-0.37-0.23-0.14+0.02-0.23-0.35-0.27-0.06-0.02-0.032024-0.1-0.04+0-0.22-0.36-0.01+0.13+0.14+0.34-0.07-0.16-0.272023-0.53-0.61-0.6-0.49-0.32-0.13+0.03-0.22-0.16-0.6-0.33+0.072022+0.13-0.32+0.01-0.21-0.6-0.83-0.53-0.41-0.55-0.36-0.08-0.272021+3.36+4.11+2.53+2.29+1.55+1.34+1.01+0.83+1+0.69+0.13+0.32020+0.87+0.64-0.86-0.13-0.12+0.84+1.79+2.31+2.4+2.21+3.13+3.822019+0.83+0.84+1.5+1.58+1.62+1.5+1.11+1.08+0.87+1.1+1.28+1.332018+1.13+0.69+0.44+0.93+1.06+0.74+1.31+1.35+0.87+0.52+0.84+0.812017+0+0.06+0.09+0.18+0.36+0.33+0.69+0.67+0.63+0.86+0.8+0.992016-0.65-0.98-0.49-0.4-0.07-0.03+0.18+0.3+0.13+0.11-0.31-0.232015-----------0.35-0.34
Undervalued (cheap) Overvalued (expensive)

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Nifty 50 P/B ratio over time

Monthly P/B ratio.

-0.51.02.43.95.32015-11-302017-05-312018-11-302020-05-292021-11-302023-05-312024-11-292026-05-312026-10-29

Index data · Not financial advice · Valuation bands are historical statistics, not predictions