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Nifty India Select 5 Corporate Groups (MAATR) P/E ratio today

Price to earnings (P/E), price to book (P/B) and dividend yield for the Nifty India Select 5 Corporate Groups (MAATR), which is currently undervalued — the 0th percentile of 453 daily closes since 2016. Close of 11 Sept 2026.

Every NSE index, cheapest first

How the Nifty India Select 5 Corporate Groups (MAATR)’s valuation reads today

  • Against the market. The Nifty India Select 5 Corporate Groups (MAATR) trades at 1.19× the Nifty 50’s P/E, against a median of 1.33× across 453 days they were both priced — a deeper discount 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 23.33 (Apr 2023) and as high as 35.25 (Dec 2024). 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. 23.52 today, down from 29.29 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 Select 5 Corporate Groups (MAATR) level itself is what separates the two.
  • The metrics disagree. Earnings say cheap (P/E 23.52 against a median of 29.38) while dividends say expensive (yield 0.82% against 0.88%). 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
23.52Undervalued

0th percentile of 453 days · median 29.38

Price to book
2.98Undervalued

0th percentile of 452 days · median 3.39

Dividend yield
0.82%Slightly expensive

22nd percentile of 454 days · median 0.88

Where the Nifty India Select 5 Corporate Groups (MAATR) P/E ratio sits today

Valuation zones for the Nifty India Select 5 Corporate Groups (MAATR) price to earnings
ZoneP/E rangeWhat it has meant
Undervaluedyou are herebelow 24.92Historically cheap — the zone that has rewarded adding, not waiting.
Fairly valued24.92 – 29.38Nothing to act on. Keep SIPs running at their normal size.
Slightly expensive29.38 – 33.23Above the ten-year middle. Stagger a lump sum rather than timing it.
Expensiveabove 33.23Historically dear — rebalancing to your target allocation is the honest response.

Bands are the 10th and 90th percentiles of 453 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 2016

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 Select 5 Corporate Groups (MAATR) P/E ratio, month by month

above +1 SD 32.30median 29.38below −1 SD 26.56
Price to earnings by month, 2023 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2023
·
·
·
23.33
·
·
·
·
·
·
·
·
2024
·
·
·
·
·
·
·
·
·
·
33.59
34.67
2025
33.02
31.19
30.33
31.09
32.88
32.33
31.07
28.56
29.28
29.68
28.97
29.26
2026
29.30
29.25
27.12
29.04
29.21
24.90
25.10
24.56
23.84
·
·
·
cheapestdearest· shaded by rank among all 24 months, not by absolute value — the series is skewed enough that a linear ramp would flatten a decade into one colour

Nifty India Select 5 Corporate Groups (MAATR) P/B ratio, month by month

above +1 SD 3.52median 3.39below −1 SD 3.21
Price to book by month, 2024 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2024
·
·
·
·
·
·
·
·
·
·
3.49
3.61
2025
3.33
3.20
3.16
3.30
3.56
3.52
3.40
3.25
3.35
3.42
3.46
3.46
2026
3.46
3.45
3.19
3.45
3.57
3.32
3.19
3.15
3.02
·
·
·
cheapestdearest

Nifty India Select 5 Corporate Groups (MAATR) dividend yield, month by monthgreen is a HIGH yield, which is the cheap end

above +1 SD 0.96median 0.88below −1 SD 0.79
Dividend yield by month, 2016 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2016
·
·
·
·
·
·
0.83
·
·
·
·
·
2023
·
·
·
1.09
·
·
·
·
·
·
·
·
2024
·
·
·
·
·
·
·
·
·
·
0.73
0.70
2025
0.75
0.85
0.86
0.85
0.74
0.83
0.91
0.88
0.86
0.88
0.95
0.95
2026
0.95
0.94
1.02
0.92
0.90
0.95
0.94
0.79
0.81
·
·
·
cheapestdearest

Frequently asked questions

What is the Nifty India Select 5 Corporate Groups (MAATR) P/E ratio today?

The Nifty India Select 5 Corporate Groups (MAATR) closed at a price-to-earnings ratio of 23.52 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 India Select 5 Corporate Groups (MAATR) overvalued right now?

Against its own history it is undervalued: a P/E of 23.52 is the 0th percentile of 453 daily closes, with a ten-year median of 29.38. 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 Select 5 Corporate Groups (MAATR)?

There is no single good number, but there is a measured middle: 24.92 to 33.23 is the middle 80% of 453 daily closes, and the median sits at 29.38. Below 24.92 is the cheapest tenth of this index's own history and above 33.23 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 Select 5 Corporate Groups (MAATR) P/B ratio?

The Nifty India Select 5 Corporate Groups (MAATR) price-to-book ratio is 2.98 as of 11 September 2026, against a ten-year median of 3.39. 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 Select 5 Corporate Groups (MAATR) dividend yield?

The Nifty India Select 5 Corporate Groups (MAATR) dividend yield is 0.82% as of 11 September 2026, against a ten-year median of 0.88%. 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.

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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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