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Nifty Auto P/E ratio today

Price to earnings (P/E), price to book (P/B) and dividend yield for the Nifty Auto, which is currently slightly expensive — the 51st percentile of 3,579 daily closes since 2012. Close of 11 Sept 2026.

Every NSE index, cheapest first

How the Nifty Auto’s valuation reads today

  • Against the market. The Nifty Auto trades at 1.60× the Nifty 50’s P/E, against a median of 1.45× across 3,579 days they were both priced — a wider premium than usual. A sector can look dear on its own numbers while being cheap against the market, and that gap is usually the more useful of the two.
  • The range it has actually traded in. Its P/E has been as low as 14.79 (Apr 2020) and as high as 747.43 (Apr 2021). Both ends are real closes, not a model — and the high end of an index P/E is usually an earnings collapse rather than a price melt-up, which is why the bands below are percentiles and not a mean.
  • Versus a year ago. 31.72 today, up from 27.45 a year ago. The ratio moves on price and on earnings, so a falling P/E can mean the index got cheaper or that its constituents earned more — the Nifty Auto level itself is what separates the two.
  • The metrics disagree. Earnings say expensive (P/E 31.72 against a median of 31.30) while dividends say cheap (yield 1.06% against 1.04%). That split is usually a payout-ratio story rather than a valuation one: earnings and dividends do not have to move together, and a company can grow profits for years without raising its dividend.
Price to earnings
31.72Slightly expensive

51st percentile of 3,579 days · median 31.30

Price to book
4.17Fairly valued

20th percentile of 3,579 days · median 4.83

Dividend yield
1.06%Fairly valued

53rd percentile of 3,579 days · median 1.04

Where the Nifty Auto P/E ratio sits today

Valuation zones for the Nifty Auto price to earnings
ZoneP/E rangeWhat it has meant
Undervaluedbelow 21.52Historically cheap — the zone that has rewarded adding, not waiting.
Fairly valued21.52 – 31.30Nothing to act on. Keep SIPs running at their normal size.
Slightly expensiveyou are here31.30 – 61.83Above the ten-year middle. Stagger a lump sum rather than timing it.
Expensiveabove 61.83Historically dear — rebalancing to your target allocation is the honest response.

Bands are the 10th and 90th percentiles of 3,579 daily closes, with the median as the middle line — so the cheapest and dearest tenth of this index’s own history bound the outer zones, and one freak print cannot move them. They describe where this index has traded, not where it should — a market can stay expensive for years, and this is not a signal to act on.

All three, since 2012

Each cell is the median of that month’s daily closes — one day’s print can be an earnings-revision artefact, and on a grid this size that day would colour the whole month. Hover a cell for the trading-day count behind it, or the line above it for any day’s close. All three are always shown; the buttons at the top only change which metric the valuation zones describe.

Nifty Auto P/E ratio, month by month

above +1 SD 119.21median 31.30below −1 SD -23.44
Price to earnings by month, 2012 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2012
·
20.74
20.50
21.46
20.30
19.65
19.59
19.84
21.18
21.74
21.13
22.62
2013
22.98
21.69
21.93
20.66
22.58
23.20
23.30
21.36
22.82
24.62
24.58
27.99
2014
27.59
26.84
25.35
26.91
28.48
31.56
33.16
33.86
37.45
37.37
38.80
40.76
2015
42.29
54.47
54.14
54.45
51.36
54.36
55.76
52.18
47.05
48.90
41.88
40.94
2016
38.33
31.56
32.52
36.67
35.39
33.71
35.36
36.71
38.75
38.08
31.95
32.02
2017
33.89
34.23
34.42
34.91
35.98
38.05
39.78
40.32
41.96
42.95
40.94
40.74
2018
41.74
39.50
35.62
37.17
36.20
34.71
33.30
29.82
28.63
23.91
25.59
25.70
2019
24.57
23.34
24.11
24.05
22.81
22.11
21.05
19.61
20.14
20.50
23.70
23.69
2020
24.29
25.09
19.00
17.77
18.69
24.42
40.13
139.95
141.64
143.75
254.49
301.52
2021
324.43
249.34
205.05
707.36
452.95
97.47
92.95
56.42
56.16
62.56
64.88
59.86
2022
64.51
79.43
71.55
79.82
56.45
52.73
56.88
48.05
48.10
47.07
39.64
38.63
2023
38.71
33.08
30.74
32.76
29.52
29.86
31.62
24.63
25.59
25.52
23.77
25.11
2024
26.30
26.09
26.67
25.56
23.27
24.42
24.59
23.65
25.47
25.07
22.87
22.94
2025
22.17
21.28
20.19
20.90
24.37
24.51
24.94
24.68
27.54
27.84
27.74
30.08
2026
30.06
33.24
29.67
30.77
30.24
30.43
31.26
33.51
32.20
·
·
·
cheapestdearest· shaded by rank among all 176 months, not by absolute value — the series is skewed enough that a linear ramp would flatten a decade into one colour

Nifty Auto P/B ratio, month by month

above +1 SD 6.05median 4.83below −1 SD 3.97
Price to book by month, 2012 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2012
·
4.02
3.97
4.16
3.98
3.86
3.87
3.92
4.12
4.10
4.11
4.36
2013
4.43
4.19
4.10
3.89
4.36
4.25
4.22
4.05
4.12
4.29
4.43
4.49
2014
4.42
4.38
4.65
4.93
5.22
5.62
5.75
5.71
6.19
6.06
6.37
6.36
2015
6.58
6.70
6.62
6.81
6.76
6.57
6.63
6.69
6.01
6.15
6.28
6.20
2016
5.82
5.59
5.88
6.58
6.50
6.87
7.13
6.33
6.54
6.51
5.80
5.81
2017
6.20
6.31
6.33
6.41
6.68
6.99
6.87
6.61
6.19
6.17
6.12
6.14
2018
6.32
6.01
5.83
6.16
6.00
5.96
5.82
5.56
5.13
4.24
4.38
4.42
2019
4.21
4.00
4.13
4.23
4.03
3.91
3.52
3.15
3.24
3.41
3.62
3.56
2020
3.64
3.42
2.54
2.37
2.49
2.87
3.27
3.55
3.60
3.60
3.76
4.14
2021
4.58
4.88
4.70
4.44
4.61
4.84
4.63
4.26
4.25
4.74
4.80
4.49
2022
4.80
4.77
4.31
4.77
4.78
4.98
5.28
5.31
5.31
4.91
5.04
4.97
2023
4.96
5.11
4.76
5.01
5.37
5.69
5.97
5.85
5.79
4.61
4.78
5.08
2024
5.33
5.73
5.96
5.64
5.92
6.28
5.75
5.59
5.79
5.23
4.82
4.84
2025
4.68
4.53
4.31
4.52
4.96
4.96
4.54
4.41
4.75
4.85
4.76
4.75
2026
4.75
4.80
4.30
4.46
4.48
4.56
4.36
4.47
4.23
·
·
·
cheapestdearest

Nifty Auto dividend yield, month by monthgreen is a HIGH yield, which is the cheap end

above +1 SD 1.51median 1.04below −1 SD 0.72
Dividend yield by month, 2012 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2012
·
1.96
1.99
1.90
2.05
2.16
2.16
2.13
2.03
1.70
1.63
1.54
2013
1.51
1.58
1.61
1.70
1.52
1.57
1.54
1.60
1.46
1.17
1.17
1.23
2014
1.25
1.25
1.18
1.11
1.04
0.97
0.93
0.93
0.86
0.88
0.84
0.85
2015
0.82
0.80
0.81
0.81
0.84
0.87
0.86
0.73
0.79
0.81
0.79
0.80
2016
0.85
0.89
0.85
0.76
0.77
0.73
0.71
0.72
0.72
0.74
0.83
0.83
2017
0.78
0.77
0.77
0.76
0.73
0.70
0.71
0.72
0.57
0.57
0.55
0.54
2018
0.53
0.55
0.63
0.60
0.62
0.62
0.64
0.81
0.93
1.11
1.07
1.06
2019
1.11
1.17
1.14
1.15
1.21
1.24
1.42
1.56
1.51
1.43
1.35
1.37
2020
1.34
1.41
1.91
2.04
1.94
1.69
1.52
1.98
2.01
2.05
1.97
1.78
2021
1.62
1.52
1.58
0.57
0.56
0.53
1.11
1.22
1.18
1.06
1.04
1.14
2022
1.06
1.05
1.17
1.06
1.06
1.02
1.02
1.02
0.99
1.04
1.01
1.02
2023
1.00
1.00
1.09
1.02
0.96
0.90
0.94
1.08
1.04
1.04
1.02
0.94
2024
0.90
0.85
0.86
0.92
0.88
0.97
0.85
0.88
0.84
0.86
0.95
0.95
2025
0.99
1.04
1.05
0.96
0.90
1.02
1.09
1.18
1.11
1.11
1.13
1.13
2026
1.13
1.13
1.26
1.22
1.22
1.25
1.13
1.05
1.05
·
·
·
cheapestdearest

Frequently asked questions

What is the Nifty Auto P/E ratio today?

The Nifty Auto closed at a price-to-earnings ratio of 31.72 on 11 September 2026. NSE publishes it once a day after the close, on a consolidated trailing-twelve-month basis, so it moves on the index and on quarterly earnings revisions — there is no intraday figure.

Is the Nifty Auto overvalued right now?

Against its own history it is slightly expensive: a P/E of 31.72 is the 51st percentile of 3,579 daily closes, with a ten-year median of 31.30. That describes where this index has traded, not where it should — a market can stay expensive for years, and this is not a signal to act on.

What is a good P/E ratio for the Nifty Auto?

There is no single good number, but there is a measured middle: 21.52 to 61.83 is the middle 80% of 3,579 daily closes, and the median sits at 31.30. Below 21.52 is the cheapest tenth of this index's own history and above 61.83 the dearest tenth. Compare it to the index's own past rather than to another market's — earnings mix and growth differ, so an Indian P/E and a US one are not the same quantity.

What is the Nifty Auto P/B ratio?

The Nifty Auto price-to-book ratio is 4.17 as of 11 September 2026, against a ten-year median of 4.83. P/B compares the index to the book value of its constituents' assets, which makes it the steadier of the two — book value does not swing on one quarter's earnings the way a P/E denominator can.

What is the Nifty Auto dividend yield?

The Nifty Auto dividend yield is 1.06% as of 11 September 2026, against a ten-year median of 1.04%. It reads backwards from the other two: a HIGH yield is the cheap end, because the same dividends are being bought for a lower price.

How often does this page update, and where do the numbers come from?

From NSE's own daily index file, which carries P/E, P/B and dividend yield for every index it prices — 142 of them have a meaningful P/E today. It is published once after each close and picked up by the hourly refresh, so the figures here are the last published close, never a live quote.

Nearby indices

Nifty 200Nifty 50Nifty 500Nifty Alpha 50Nifty BankNifty CPSENifty Capital MarketsNifty Chemicals

How to read these numbers

How to read an index P/E ratio

Consolidated trailing-twelve-month, free-float weighted, one value a day — and why the absolute number tells you almost nothing on its own.

Is the market expensive?

Valuation predicts ten-year returns and not next year’s. What that gap means, and when a reading should change anything.

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