Market Valuations

Where index P/E, P/B and dividend yield stand against their own history.

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
Factor indices in 2026: momentum leads, value held
23 Sep 2026
To 22 September 2026, Nifty Alpha 50 rose 10.3% and Nifty500 Momentum 50 3.0%, while the Nifty 50 fell 10.7%. Value held up in the fall; low volatility did not.
Market ValuationsMarket Recap
Nifty Midcap 150 P/E at 28.6, near a record index
11 Sep 2026
The Nifty Midcap 150 closed at a P/E of 28.64 on 10 September 2026, below its 30.41 median, while its 0.58% dividend yield matched a five-year low.
Market Valuations
Nifty India Defence P/E at 60, three times the Nifty 50
09 Sep 2026
Nifty India Defence closed at a record 9,998.70 on 8 September 2026 at a P/E of 60.34, higher than on 93% of days since 2022 and 3.02 times the Nifty 50's.
Market ValuationsSectors
Nifty 50 P/E at 20.20; its P/B of 2.89 is a six-year low
07 Sep 2026
The Nifty 50 closed at a P/E of 20.20 on 4 September 2026, in its cheapest 7% of sessions since 2021, and a P/B of 2.89, the lowest since June 2020.
Market Valuations
Equal weight vs the Nifty 50: the gap in 2026
28 Aug 2026
The NIFTY50 Equal Weight index is down 1.04% in 2026 to 27 August, the Nifty 50 down 7.80%. Equal weight has led each year since 2020; its P/E is now higher.
Market ValuationsFund Returns
Nifty 500 P/E at 22.9: the broad market vs the Nifty 50
27 Aug 2026
The Nifty 500 closed at a P/E of 22.89 on 26 August 2026, 1.12 times the Nifty 50's 20.46, a wider gap than on 84% of sessions since 2021.
Market Valuations
Nifty PSU Bank P/B at 1.18, and a yield edge that shrank
25 Aug 2026
Nifty PSU Bank closed at a P/B of 1.18 on 24 August 2026, near its median since 2021. Its yield fell from 2.38% in May to 0.75%, near private banks' 0.63%.
Market ValuationsSectors
India VIX back near 11: how fast the fear gauge fell
20 Aug 2026
India VIX closed at 11.32 on 19 August 2026, down 59% from 27.89 on 30 March. Only 6.5% of closes since 2014 have been lower. How it got here.
Market ValuationsMarket Recap
Nifty Bank P/B at 1.74, cheaper on book than in March
12 Aug 2026
Nifty Bank closed at a P/B of 1.74 on 11 August 2026; since 2021 only 30 March was lower. The index is 2.5% above its 9 March close while book value rose 15.5%.
Market ValuationsSectors
Nifty 50 P/E at 20.91 as its P/B sets new lows
06 Aug 2026
The Nifty 50 closed at a P/E of 20.91 on 5 August 2026. Its P/B fell to 2.95 in late July, the lowest since June 2020, as book value outgrew price.
Market Valuations
Nifty 50 rolling returns: how often has it lost money?
23 Jul 2026
Since 2007, 21.26% of 1-year Nifty 50 windows lost money, 2.60% of 3-year ones and none of the 10-year ones. The full range, to 22 July 2026, on price alone.
Market ValuationsMarket Recap
Nifty IT P/E at 18.7: what changed since March
22 Jul 2026
Nifty IT closed at a P/E of 18.68 on 21 July 2026, down from 21.08 in March, with the price 2% lower and earnings 10% higher. Its low of 16.91 came on 1 July.
Market ValuationsSectors
Nifty dividend yield at 1.23% as payouts shrink
14 Jul 2026
The Nifty 50 yielded 1.23% on 13 July 2026, below its 1.30% median since 1999. Dividend Opportunities 50 yields less than on 97% of days since 2012.
Market Valuations
Nifty 50 P/E at 21.06 to start the second half
07 Jul 2026
The Nifty 50 closed at a P/E of 21.06 on 6 July 2026, up from 20.21 in early June as the index rose 4.3%. In the first half, earnings rose just 1%.
Market Valuations

Market Valuations

The cheapest and dearest NSE indices on their own P/E

Nifty 50 P/E at 19.2: where it stands against history

Nifty Bank P/B at 1.64, near its lowest since 2020

Nifty dividend yield at 1.23%, and the payout behind it

Nifty Midcap 150 P/E at 28.1: below its median

Nifty Smallcap 250 P/E at 34.1: dearer than 89% of days

Factor indices in 2026: momentum leads, value held

Nifty Midcap 150 P/E at 28.6, near a record index

Nifty India Defence P/E at 60, three times the Nifty 50

Nifty 50 P/E at 20.20; its P/B of 2.89 is a six-year low

Equal weight vs the Nifty 50: the gap in 2026

Nifty 500 P/E at 22.9: the broad market vs the Nifty 50

Nifty PSU Bank P/B at 1.18, and a yield edge that shrank

India VIX back near 11: how fast the fear gauge fell

Nifty Bank P/B at 1.74, cheaper on book than in March

Nifty 50 P/E at 20.91 as its P/B sets new lows

Nifty 50 rolling returns: how often has it lost money?

Nifty IT P/E at 18.7: what changed since March

Nifty dividend yield at 1.23% as payouts shrink

Nifty 50 P/E at 21.06 to start the second half