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INDEX VALUATION

Nifty Midcap 150 TRI PE Ratio

Nifty Midcap 150 TRI 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)
26.79
P/B Ratio
3.72
Dividend Yield
0.99%
Fairly valued - current PE of 26.79 sits within the trailing 10-year median ± 1 standard deviation band (-37.17-103.19, median 33.01). 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 Midcap 150 TRI historical returns →

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Nifty Midcap 150 TRI PE valuation vs 10-year median

0 = the trailing 10-year median PE (33.01). Dashed lines mark +/-1/2/3 standard deviations from it.

-4.3σ-0.3σ3.6σ7.6σ12σ+3SD+2SD+1SD-1SD-2SD-3SD2006-04-292008-12-312011-08-302014-04-302017-03-312019-11-292022-07-292025-03-282026-10-29

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Nifty Midcap 150 TRI 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.

JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC2026-0.02-0.01-0.03+0.01-0.06-0.05-0.04-0.04-0.07-0.09--2025+0.08+0.01+0.01+0.01+0.02+0.03+0.01-0.01+0+0.02+0.01+0.012024-0.08-0.09+0.01+0.04+0.09+0.13+0.18+0.16+0.18+0.14+0.13+0.152023-0.11-0.13-0.14-0.12-0.11-0.09-0.08-0.11-0.09-0.11-0.12-0.092022-0.04-0.09-0.08-0.08-0.13-0.15-0.12-0.1-0.12-0.12-0.1-0.12021+0.6+0.56+0.11+0.11+0.06+0.02+0.02-0.07+0-0.02-0.05-0.042020-0.07-0.08-0.19-0.15-0.16+0.48+0.65+4.49+10.27+1.19+1.49+1.62019+0.05+0.05+0.03+0.01+0+0-0.03-0.03-0.09-0.07-0.07-0.082018+0.26+0.27+0.27+0.23+0.23+0.17+0.29+0.29+0.15+0.13+0.1+0.12017+0+0.01+0.1+0.13+0.11+0.1+0.12+0.13+0.22+0.25+0.29+0.322016----0.07+0.01+0.04+0.06+0.14+0.06+0.08-0.01-0.022015-0.17-0.1-0.11-0.12-0.11-0.08-0.07-0.07-0.02+0+0+0.012014-0.25-0.26-0.26-0.25-0.22-0.17-0.18-0.2-0.19-0.18-0.18-0.182013-0.21-0.23-0.24-0.23-0.21-0.23-0.24-0.28-0.29-0.28-0.26-0.242012-0.24-0.21-0.21-0.24-0.25-0.24-0.25-0.25-0.22-0.23-0.21-0.22011-0.23-0.25-0.22-0.22-0.23-0.23-0.23-0.25-0.26-0.25-0.26-0.282010-0.23-0.23-0.22-0.2-0.2-0.19-0.19-0.18-0.16-0.18-0.19-0.192009-0.33-0.32-0.33-0.31-0.23-0.22-0.21-0.19-0.16-0.24-0.21-0.22008-0.19-0.2-0.27-0.24-0.26-0.31-0.29-0.29-0.31-0.36-0.35-0.332007-0.22-0.24-0.24-0.22-0.22-0.2-0.21-0.21-0.19-0.16-0.13-0.07
Undervalued (cheap) Overvalued (expensive)

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Nifty Midcap 150 TRI P/B ratio over time

Monthly P/B ratio.

-0.61.23.14.96.82006-04-292008-12-312011-08-302014-04-302017-03-312019-11-292022-07-292025-03-282026-10-29

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