Nifty India Consumption P/E ratio today
Price to earnings (P/E), price to book (P/B) and dividend yield for the Nifty India Consumption, which is currently fairly valued — the 37th percentile of 3,578 daily closes since 2012. Close of 27 Oct 2026.
Every NSE index, cheapest firstHow the Nifty India Consumption’s valuation reads today
- Against the market. The Nifty India Consumption trades at 1.92× the Nifty 50’s P/E, against a median of 1.79× across 3,578 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 20.90 (Jun 2012) and as high as 361.15 (Sept 2020). 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. 36.57 today, down from 42.76 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 India Consumption level itself is what separates the two.
37th percentile of 3,578 days · median 39.56
60th percentile of 3,610 days · median 5.85
86th percentile of 3,610 days · median 1.09
Where the Nifty India Consumption P/E ratio sits today
| Zone | P/E range | What it has meant |
|---|---|---|
| Undervalued | below 26.52 | Historically cheap — the zone that has rewarded adding, not waiting. |
| Fairly valuedyou are here | 26.52 – 39.56 | Nothing to act on. Keep SIPs running at their normal size. |
| Slightly expensive | 39.56 – 60.47 | Above the historical middle. Stagger a lump sum rather than timing it. |
| Expensive | above 60.47 | Historically dear — rebalancing to your target allocation is the honest response. |
Bands are the 10th and 90th percentiles of 3,578 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.
When the Nifty India Consumption P/E was here, what came next
For every month-end since 29 Feb 2012: the index’s annualised return over the following 1, 3 and 5 years, grouped by the valuation zone it started in. Median, with the worst and best start underneath.
| Started in | Next 1Y | Next 3Y | Next 5Y |
|---|---|---|---|
| Undervalued | +22.3% +5.9% to +43.7% 0% lost money | +18.0% +12.9% to +24.1% 0% lost money | +16.5% +13.9% to +18.7% 0% lost money |
| Fairly valuedyou are here | +15.2% -7.2% to +45.1% 8% lost money | +13.1% +0.6% to +21.0% 0% lost money | +11.5% +3.6% to +21.3% 0% lost money |
| Slightly expensive | +6.6% -17.9% to +53.6% 29% lost money | +12.5% +2.2% to +20.7% 0% lost money | +12.7% +8.1% to +21.3% 0% lost money |
| Expensive | +19.3% -5.5% to +40.5% 11% lost money | +19.3% +4.6% to +22.5% 0% lost money | +15.1% +8.1% to +20.0% 0% lost money |
Price return only (index levels carry no dividends, so each figure understates an investor’s return by about the dividend yield). Start months overlap: a 5-year window spans 60 of them, so the counts are not independent observations. A zone needs 12 starts before it is summarised. The past spread of outcomes is wide in every zone — this is a record, not a forecast.
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 India Consumption P/E ratio, month by month
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 | · | 22.50 | 22.36 | 22.78 | 21.63 | 22.03 | 22.66 | 22.40 | 22.90 | 24.19 | 24.81 | 26.45 |
| 2013 | 26.51 | 25.12 | 24.73 | 24.36 | 26.85 | 26.44 | 27.67 | 25.70 | 26.66 | 27.60 | 26.62 | 27.11 |
| 2014 | 26.58 | 25.16 | 26.54 | 27.41 | 27.14 | 28.98 | 29.63 | 30.02 | 31.53 | 31.05 | 30.06 | 29.30 |
| 2015 | 30.12 | 29.07 | 28.91 | 32.94 | 30.92 | 29.15 | 30.67 | 30.11 | 27.91 | 29.38 | 29.96 | 30.02 |
| 2016 | 28.64 | 27.47 | 28.23 | 29.61 | 30.65 | 30.79 | 32.17 | 33.02 | 33.31 | 32.92 | 28.93 | 28.54 |
| 2017 | 29.62 | 31.61 | 32.27 | 32.56 | 39.72 | 48.21 | 51.72 | 53.52 | 56.34 | 52.55 | 56.36 | 58.87 |
| 2018 | 59.86 | 57.23 | 56.31 | 59.73 | 60.32 | 68.77 | 49.44 | 48.33 | 45.38 | 39.75 | 43.63 | 46.81 |
| 2019 | 45.83 | 45.55 | 46.78 | 44.01 | 43.13 | 42.92 | 41.57 | 39.40 | 39.85 | 37.64 | 38.38 | 54.92 |
| 2020 | 56.38 | 62.05 | 47.46 | 48.23 | 48.74 | 65.90 | 69.30 | 290.40 | 358.14 | 136.69 | 172.44 | 188.88 |
| 2021 | 203.99 | 272.88 | 272.00 | 153.63 | 140.74 | 88.39 | 83.04 | 58.15 | 62.52 | 62.74 | 56.70 | 47.52 |
| 2022 | 48.53 | 39.00 | 37.62 | 39.74 | 36.98 | 35.61 | 38.49 | 37.64 | 38.17 | 38.73 | 39.93 | 40.38 |
| 2023 | 38.73 | 37.81 | 37.46 | 38.08 | 39.02 | 41.29 | 42.65 | 40.27 | 41.18 | 40.97 | 41.09 | 43.67 |
| 2024 | 45.08 | 44.84 | 45.25 | 47.47 | 48.16 | 50.94 | 51.77 | 52.01 | 54.51 | 49.67 | 46.38 | 46.89 |
| 2025 | 45.38 | 40.80 | 39.68 | 42.28 | 42.36 | 40.86 | 41.26 | 41.14 | 42.25 | 42.04 | 41.09 | 40.20 |
| 2026 | 39.67 | 39.19 | 35.99 | 37.67 | 36.74 | 38.05 | 39.20 | 39.38 | 37.41 | 36.56 | · | · |
Nifty India Consumption P/B ratio, month by month
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 | · | 3.51 | 3.50 | 3.54 | 3.27 | 3.34 | 3.43 | 3.40 | 3.47 | 3.83 | 3.80 | 4.05 |
| 2013 | 4.11 | 3.98 | 3.91 | 3.86 | 4.29 | 4.09 | 4.29 | 4.06 | 4.09 | 4.07 | 4.23 | 4.26 |
| 2014 | 4.20 | 4.05 | 4.16 | 4.49 | 4.60 | 4.88 | 4.81 | 4.82 | 5.09 | 4.92 | 5.13 | 5.00 |
| 2015 | 5.13 | 5.08 | 5.08 | 5.36 | 5.34 | 5.35 | 5.51 | 5.21 | 4.81 | 4.87 | 4.85 | 4.92 |
| 2016 | 4.70 | 4.52 | 4.64 | 4.87 | 4.92 | 5.10 | 5.29 | 5.12 | 5.10 | 4.95 | 4.51 | 4.47 |
| 2017 | 4.66 | 4.98 | 5.05 | 5.10 | 5.34 | 5.50 | 5.58 | 5.49 | 5.39 | 5.50 | 5.64 | 5.84 |
| 2018 | 6.04 | 5.75 | 5.61 | 6.33 | 6.40 | 6.46 | 6.39 | 6.31 | 5.95 | 5.45 | 5.75 | 5.95 |
| 2019 | 5.79 | 5.62 | 5.74 | 5.92 | 5.85 | 5.78 | 5.25 | 5.19 | 5.25 | 5.80 | 5.86 | 5.77 |
| 2020 | 5.87 | 5.93 | 4.80 | 5.03 | 4.92 | 5.38 | 5.92 | 5.98 | 5.81 | 5.87 | 6.16 | 6.75 |
| 2021 | 7.08 | 7.10 | 6.91 | 7.11 | 7.20 | 7.19 | 7.19 | 7.30 | 8.37 | 8.37 | 8.38 | 8.07 |
| 2022 | 8.27 | 8.02 | 7.73 | 8.22 | 7.84 | 7.74 | 8.41 | 8.63 | 8.64 | 8.54 | 8.58 | 8.54 |
| 2023 | 8.21 | 8.09 | 7.84 | 7.98 | 8.39 | 8.81 | 9.08 | 8.73 | 8.61 | 7.27 | 7.46 | 7.92 |
| 2024 | 8.21 | 8.34 | 8.48 | 8.67 | 8.86 | 9.29 | 9.36 | 9.55 | 9.93 | 9.54 | 8.93 | 9.02 |
| 2025 | 8.76 | 8.49 | 8.26 | 8.67 | 8.93 | 8.90 | 8.70 | 8.10 | 8.30 | 8.38 | 8.38 | 8.24 |
| 2026 | 8.08 | 7.95 | 7.25 | 7.63 | 7.67 | 7.55 | 7.32 | 7.20 | 6.81 | 6.54 | · | · |
Nifty India Consumption dividend yield, month by monthgreen is a HIGH yield, which is the cheap end
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 | · | 1.55 | 1.56 | 1.52 | 1.62 | 1.57 | 1.53 | 1.53 | 1.50 | 1.23 | 1.20 | 1.13 |
| 2013 | 1.14 | 1.18 | 1.20 | 1.20 | 1.08 | 1.11 | 1.07 | 1.15 | 1.10 | 1.23 | 1.29 | 1.31 |
| 2014 | 1.33 | 1.36 | 1.32 | 1.23 | 1.19 | 1.07 | 1.04 | 1.06 | 1.02 | 1.08 | 1.02 | 1.03 |
| 2015 | 1.00 | 1.00 | 1.00 | 1.01 | 1.03 | 1.04 | 1.02 | 1.04 | 1.12 | 1.10 | 1.11 | 1.10 |
| 2016 | 1.15 | 1.20 | 1.17 | 1.11 | 1.10 | 1.09 | 1.05 | 1.07 | 1.07 | 1.13 | 1.23 | 1.25 |
| 2017 | 1.19 | 1.12 | 1.09 | 1.08 | 1.04 | 1.00 | 0.99 | 1.00 | 0.90 | 0.88 | 0.84 | 0.81 |
| 2018 | 0.81 | 0.86 | 0.88 | 0.84 | 0.83 | 0.83 | 0.84 | 0.91 | 1.01 | 1.11 | 1.05 | 1.02 |
| 2019 | 1.03 | 1.06 | 1.04 | 1.02 | 1.02 | 1.04 | 1.12 | 1.18 | 1.20 | 1.13 | 1.12 | 1.13 |
| 2020 | 1.11 | 1.10 | 1.37 | 1.32 | 1.35 | 1.24 | 1.25 | 1.39 | 1.35 | 1.33 | 1.27 | 1.16 |
| 2021 | 1.10 | 1.10 | 1.13 | 1.40 | 1.39 | 1.64 | 1.43 | 1.33 | 1.19 | 1.29 | 1.16 | 1.20 |
| 2022 | 1.18 | 1.25 | 1.26 | 1.08 | 1.14 | 1.25 | 1.13 | 1.09 | 1.06 | 1.00 | 0.99 | 1.00 |
| 2023 | 1.03 | 1.05 | 1.11 | 1.14 | 1.10 | 1.14 | 1.10 | 1.16 | 1.13 | 1.12 | 1.12 | 1.06 |
| 2024 | 1.04 | 1.03 | 1.04 | 1.00 | 0.95 | 0.91 | 0.90 | 0.95 | 0.91 | 0.89 | 0.96 | 0.95 |
| 2025 | 0.97 | 1.04 | 1.06 | 1.03 | 0.99 | 0.99 | 1.07 | 1.11 | 1.09 | 1.07 | 1.05 | 1.07 |
| 2026 | 1.08 | 0.95 | 1.04 | 0.99 | 0.99 | 0.78 | 0.76 | 0.78 | 0.80 | 1.29 | · | · |
From the blog
Nifty India Consumption P/E at 36.5, near a five-year low
10 Oct 2026
Nifty India Consumption closed at a P/E of 36.54 on 9 October 2026. Only 53 of 1,235 sessions in five years were lower, and its P/B of 6.54 is near a low too.
Nifty India Tourism P/E at 85, up from 49 in June
10 Oct 2026
Nifty India Tourism closed at a P/E of 85.17 on 9 October 2026, up from 48.99 on 1 June. The price rose 3.8%; the earnings behind the index fell 40.3%.
Frequently asked questions
What is the Nifty India Consumption P/E ratio today?
The Nifty India Consumption closed at a price-to-earnings ratio of 36.57 on 27 October 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 India Consumption overvalued right now?
Against its own history it is fairly valued: a P/E of 36.57 is the 37th percentile of 3,578 daily closes, against a median of 39.56 over that span. 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 India Consumption?
There is no single good number, but there is a measured middle: 26.52 to 60.47 is the middle 80% of 3,578 daily closes, and the median sits at 39.56. Below 26.52 is the cheapest tenth of this index's own history and above 60.47 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 India Consumption P/B ratio?
The Nifty India Consumption price-to-book ratio is 6.56 as of 27 October 2026, against a historical median of 5.85. 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 India Consumption dividend yield?
The Nifty India Consumption dividend yield is 1.29% as of 27 October 2026, against a historical median of 1.09%. 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 — 144 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
How to read these numbers
Consolidated trailing-twelve-month, free-float weighted, one value a day — and why the absolute number tells you almost nothing on its own.
Valuation predicts ten-year returns and not next year’s. What that gap means, and when a reading should change anything.