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INDEX VALUATION

Nifty Smallcap 250 TRI PE Ratio

Nifty Smallcap 250 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)
32.06
P/B Ratio
3.29
Dividend Yield
0.76%
Fairly valued - current PE of 32.06 sits within the trailing 10-year median ± 1 standard deviation band (17.73-42.89, median 30.31). Band computed from 92 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 Smallcap 250 TRI historical returns →

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Nifty Smallcap 250 TRI PE valuation vs 10-year median

0 = the trailing 10-year median PE (30.31). Dashed lines mark +/-1/2/3 standard deviations from it.

-3.8σ-1.5σ0.8σ3.1σ5.4σ+3SD+2SD+1SD-1SD-2SD-3SD2020-01-312021-01-292022-01-312023-01-312024-01-312025-01-312026-01-302026-10-192026-10-29

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Nifty Smallcap 250 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.

JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC2026-0.25-0.33-0.35-0.02+0.27+0.41+0.31+0.29+0.33+0.14--2025-0.01-0.34-0.07-0.02+0.15+0.28+0.18+0.1-0.03+0.04-0.09-0.072024-0.12-0.12-0.29-0.11-0.21+0.03+0.12+0.1+0.25+0.16+0.3+0.322023-0.94-1-1.06-0.96-0.86-0.76-0.61-0.5-0.46-0.54-0.37-0.232022+0-0.33-0.47-0.47-0.75-0.85-0.77-0.87-0.91-0.9-0.89-0.92021+0.85+0.93+1.03+1.41+0.91+0.52+0.15-0.07-0.12-0.1-0.08+0.062020+4.64+4.32+1.93+2.49+3.69-0.16-0.37-0.01+2.14+1.86+0.97+0.86
Undervalued (cheap) Overvalued (expensive)

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Nifty Smallcap 250 TRI P/B ratio over time

Monthly P/B ratio.

-0.50.92.33.75.02020-01-312021-01-292022-01-312023-01-312024-01-312025-01-312026-01-302026-10-192026-10-29

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