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INDEX VALUATION

S&P BSE Sensex PE Ratio

S&P BSE Sensex 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 2026-10-28)
19.02
P/B Ratio
3.95
Dividend Yield
1.03%
Undervalued - current PE of 19.02 sits below the trailing 10-year median ± 1 standard deviation band (19.33-26.41, median 22.87). Band computed from 153 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 S&P BSE Sensex historical returns →

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S&P BSE Sensex PE valuation vs 10-year median

0 = the trailing 10-year median PE (22.87). Dashed lines mark +/-1/2/3 standard deviations from it.

-3.8σ-1.9σ0.0σ2.0σ3.9σ+3SD+2SD+1SD-1SD-2SD-3SD2006-01-312009-01-302012-01-312015-01-302018-01-312021-01-292024-01-312026-09-142026-10-28

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S&P BSE Sensex 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.

JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC2026-0.06-0.16-0.87-0.55-0.78-0.6-0.58-0.7-1.03-1.09--2025-0.23-0.7-0.36-0.14-0.03+0.3+0.11-0.17-0.19+0.05+0.14+0.182024+0.48+0.55+0.64+0.29+0.2+0.33+0.38+0.36+0.53+0.12-0.02-0.062023-0.15-0.12-0.13-0.06+0.06+0.3+0.54+0.21+0.36-0.15+0.24+0.762022+1.14+0.51+0.82+0.49-0.1-0.35-0.04+0.1-0.18-0.03+0.3+0.232021+2.51+3.1+3.25+2.61+2.39+2.57+2.22+2.09+2.23+1.89+1.1+1.412020+0.45+0.1-1.43-0.56-0.72-0.09+0.94+1.41+1.41+1.32+2.44+32019+0.26+0.95+1.46+1.72+1.73+1.58+1.06+0.95+1.18+1.23+1.56+0.892018+0.72+0.23-0.06+0.27+0.09-0.09+0.21+0.56+0.14-0.24+0.29+0.222017-0.36-0.29-0.07+0-0.06-0.06+0.23+0.24+0.15+0.53+0.43+0.662016-1.26-1.68-1.02-0.99-0.94-0.92-0.66-0.57-0.55-0.48-0.6-0.562015-0.9-0.78-1.07-1.27-0.78-0.16-0.14-0.53-0.5-0.42-0.66-0.862014-1.63-1.6-1.29-1.49-1.47-1.17-1.31-1.26-1.31-1.08-0.94-1.152013-1.47-1.66-1.68-1.53-1.5-1.6-1.61-1.66-1.72-1.3-1.49-1.332012-1.46-1.29-1.44-1.48-1.97-1.65-1.77-1.81-1.52-1.71-1.53-1.512011-0.82-0.97-0.49-0.66-0.91-0.83-1.13-1.27-1.37-1.14-1.62-1.822010-0.72-0.77-0.44-0.62-0.7-0.5-0.46-0.4+0.26+0.1-0.14+0.192009-2.83-2.92-2.6-1.96-0.85-1.09-0.71-0.68-0.19-0.75-0.38-0.142008-0.26-0.25-0.78-0.37-0.85-1.8-1.41-1.37-1.9-3.1-3.18-2.972007-0.29-0.85-0.72-0.61-0.51-0.5-0.52-0.6+0.11+0.75+0.95+1.36
Undervalued (cheap) Overvalued (expensive)

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S&P BSE Sensex P/B ratio over time

Monthly P/B ratio.

-0.71.33.45.47.42006-01-312009-01-302012-01-312015-01-302018-01-312021-01-292024-01-312026-09-142026-10-28

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