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Nifty IPO P/E ratio today

Price to earnings (P/E), price to book (P/B) and dividend yield for the Nifty IPO, which is currently slightly expensive — the 63rd percentile of 535 daily closes since 2023. Close of 11 Sept 2026.

Every NSE index, cheapest first

How the Nifty IPO’s valuation reads today

  • Against the market. The Nifty IPO trades at 3.07× the Nifty 50’s P/E, against a median of 2.69× across 535 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 47.30 (Mar 2025) and as high as 92.38 (Oct 2025). 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. 60.71 today, down from 73.12 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 IPO level itself is what separates the two.
Price to earnings
60.71Slightly expensive

63rd percentile of 535 days · median 58.40

Price to book
8.92Fairly valued

28th percentile of 535 days · median 9.54

Dividend yield
0.13%Slightly expensive

43rd percentile of 535 days · median 0.13

Where the Nifty IPO P/E ratio sits today

Valuation zones for the Nifty IPO price to earnings
ZoneP/E rangeWhat it has meant
Undervaluedbelow 51.47Historically cheap — the zone that has rewarded adding, not waiting.
Fairly valued51.47 – 58.40Nothing to act on. Keep SIPs running at their normal size.
Slightly expensiveyou are here58.40 – 73.71Above the ten-year middle. Stagger a lump sum rather than timing it.
Expensiveabove 73.71Historically dear — rebalancing to your target allocation is the honest response.

Bands are the 10th and 90th percentiles of 535 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 2023

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 IPO P/E ratio, month by month

above +1 SD 69.82median 58.40below −1 SD 52.04
Price to earnings by month, 2023 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2023
·
·
·
75.93
·
·
·
·
·
·
·
·
2024
·
·
·
·
·
·
51.31
51.63
58.16
59.76
51.65
58.56
2025
58.28
50.67
50.29
52.66
57.64
60.67
64.56
66.13
73.15
85.88
74.82
72.84
2026
68.36
56.58
54.49
66.73
60.27
56.37
54.41
56.65
59.40
·
·
·
cheapestdearest· shaded by rank among all 28 months, not by absolute value — the series is skewed enough that a linear ramp would flatten a decade into one colour

Nifty IPO P/B ratio, month by month

above +1 SD 10.76median 9.54below −1 SD 8.31
Price to book by month, 2023 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2023
·
·
·
5.03
·
·
·
·
·
·
·
·
2024
·
·
·
·
·
·
11.39
11.74
9.56
9.91
10.84
9.30
2025
9.43
8.40
8.07
9.31
9.95
10.55
9.81
7.82
7.21
8.00
8.03
8.08
2026
10.77
10.29
9.06
10.72
10.62
10.45
9.95
9.27
8.92
·
·
·
cheapestdearest

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

above +1 SD 0.17median 0.13below −1 SD 0.08
Dividend yield by month, 2023 to 2026, as the median of each month’s daily closes
JanFebMarAprMayJunJulAugSepOctNovDec
2023
·
·
·
0.17
·
·
·
·
·
·
·
·
2024
·
·
·
·
·
·
0.12
0.13
0.15
0.15
0.14
0.12
2025
0.12
0.13
0.14
0.07
0.07
0.07
0.08
0.20
0.20
0.18
0.19
0.18
2026
0.13
0.16
0.17
0.06
0.05
0.07
0.12
0.13
0.13
·
·
·
cheapestdearest

Frequently asked questions

What is the Nifty IPO P/E ratio today?

The Nifty IPO closed at a price-to-earnings ratio of 60.71 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 IPO overvalued right now?

Against its own history it is slightly expensive: a P/E of 60.71 is the 63rd percentile of 535 daily closes, with a ten-year median of 58.40. 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 IPO?

There is no single good number, but there is a measured middle: 51.47 to 73.71 is the middle 80% of 535 daily closes, and the median sits at 58.40. Below 51.47 is the cheapest tenth of this index's own history and above 73.71 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 IPO P/B ratio?

The Nifty IPO price-to-book ratio is 8.92 as of 11 September 2026, against a ten-year median of 9.54. 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 IPO dividend yield?

The Nifty IPO dividend yield is 0.13% as of 11 September 2026, against a ten-year median of 0.13%. 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 Growth Sectors 15Nifty Healthcare IndexNifty High Beta 50Nifty HousingNifty ITNifty India ConsumptionNifty India Corporate Group Index - Aditya Birla GroupNifty India Corporate Group Index - Mahindra Group

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.

Index fundsScreen funds