The cheapest and dearest NSE indices on their own P/E
01 Oct 2026
Nifty IT trades 35% below its own median P/E since 2021 and Nifty Pharma 21% above. Where 60 NSE indices stood against their history on 1 October 2026.
Market Valuations
Nifty 50 P/E at 19.2: where it stands against history
01 Oct 2026
The Nifty 50's P/E closed at 19.19 on 1 October 2026, lower than on all but four days since NSE changed how it calculates the ratio in 2021. What that means.
Market Valuations
Nifty Bank P/B at 1.64, near its lowest since 2020
01 Oct 2026
Nifty Bank closed at a price-to-book of 1.64 on 1 October 2026. Since 2021 only two days were lower, and since 2003 only 5.4% of days. Why P/B matters here.
Market Valuations
Nifty dividend yield at 1.23%, and the payout behind it
01 Oct 2026
The Nifty 50 yielded 1.23% on 1 October 2026, below its 1.30% median since 1999, though its P/E is low. The dividends behind the index fell 17% in a year.
Market Valuations
Nifty Midcap 150 P/E at 28.1: below its median
01 Oct 2026
The Nifty Midcap 150 closed at a P/E of 28.10 on 1 October 2026, under its 30.34 median since 2021, while its 0.72% dividend yield sits near a low.
Market Valuations
Nifty Smallcap 250 P/E at 34.1: dearer than 89% of days
01 Oct 2026
The Nifty Smallcap 250 closed at a P/E of 34.05 on 1 October 2026, higher than on 89% of days since 2021 and 1.77 times the Nifty 50. Why it rose.
Market Valuations