NIFTY LargeMidcap 250 P/E ratio today
Price to earnings (P/E), price to book (P/B) and dividend yield for the NIFTY LargeMidcap 250, which is currently undervalued — the 3rd percentile of 2,199 daily closes since 2016. Close of 27 Oct 2026.
Every NSE index, cheapest firstHow the NIFTY LargeMidcap 250’s valuation reads today
- Against the market. The NIFTY LargeMidcap 250 trades at 1.15× the Nifty 50’s P/E, against a median of 1.17× across 2,199 days they were both priced — about its usual relationship. 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 15.78 (Aug 2019) and as high as 82.99 (Oct 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. 21.84 today, down from 27.29 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 LargeMidcap 250 level itself is what separates the two.
3rd percentile of 2,199 days · median 27.58
19th percentile of 2,199 days · median 3.77
72nd percentile of 2,199 days · median 1.09
Where the NIFTY LargeMidcap 250 P/E ratio sits today
| Zone | P/E range | What it has meant |
|---|---|---|
| Undervaluedyou are here | below 23.00 | Historically cheap — the zone that has rewarded adding, not waiting. |
| Fairly valued | 23.00 – 27.58 | Nothing to act on. Keep SIPs running at their normal size. |
| Slightly expensive | 27.58 – 37.96 | Above the historical middle. Stagger a lump sum rather than timing it. |
| Expensive | above 37.96 | Historically dear — rebalancing to your target allocation is the honest response. |
Bands are the 10th and 90th percentiles of 2,199 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 LargeMidcap 250 P/E was here, what came next
For every month-end since 07 Jul 2016: 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 |
|---|---|---|---|
| Undervaluedyou are here | too few | too few | too few |
| Fairly valued | +10.1% -1.2% to +75.4% 9% lost money | +17.0% +9.9% to +29.5% 0% lost money | too few |
| Slightly expensive | +4.0% -28.4% to +35.1% 32% lost money | +18.5% +4.9% to +22.6% 0% lost money | +15.9% +9.8% to +24.8% 0% lost money |
| Expensive | too few | too few | too few |
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 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 LargeMidcap 250 P/E ratio, month by month
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | · | · | · | · | · | · | 28.41 | · | · | · | · | · |
| 2017 | · | · | · | · | · | · | · | · | · | · | 36.40 | 36.75 |
| 2018 | 37.61 | 34.82 | 34.51 | 35.13 | 35.28 | 35.22 | 37.19 | 38.37 | 37.05 | 31.79 | 32.95 | 33.16 |
| 2019 | 32.28 | 31.74 | 33.67 | 32.34 | 31.59 | 32.24 | 30.52 | 29.77 | 29.43 | 26.83 | 28.16 | 28.73 |
| 2020 | 29.09 | 29.23 | 22.34 | 21.92 | 22.45 | 25.51 | 42.60 | 57.71 | 61.76 | 80.41 | 53.75 | 59.55 |
| 2021 | 69.18 | 52.72 | 52.38 | 36.91 | 34.51 | 32.53 | 31.27 | 28.13 | 28.33 | 30.33 | 28.32 | 26.56 |
| 2022 | 27.47 | 24.71 | 24.15 | 25.13 | 21.86 | 21.04 | 21.92 | 23.38 | 23.77 | 22.99 | 24.06 | 24.60 |
| 2023 | 24.09 | 23.01 | 22.28 | 22.78 | 23.51 | 24.17 | 25.64 | 23.94 | 24.51 | 24.33 | 22.84 | 24.38 |
| 2024 | 25.17 | 25.22 | 25.02 | 27.96 | 27.93 | 30.24 | 30.87 | 30.81 | 31.67 | 31.10 | 29.43 | 30.15 |
| 2025 | 28.24 | 25.91 | 25.32 | 26.31 | 27.04 | 27.23 | 27.50 | 26.23 | 26.27 | 26.96 | 26.70 | 26.52 |
| 2026 | 26.34 | 26.18 | 24.26 | 25.84 | 25.01 | 23.88 | 24.13 | 24.29 | 23.35 | 22.63 | · | · |
NIFTY LargeMidcap 250 P/B ratio, month by month
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | · | · | · | · | · | · | 2.86 | · | · | · | · | · |
| 2017 | · | · | · | · | · | · | · | · | · | · | 3.43 | 3.46 |
| 2018 | 3.66 | 3.49 | 3.39 | 3.65 | 3.63 | 3.59 | 3.55 | 3.66 | 3.54 | 3.05 | 3.14 | 3.19 |
| 2019 | 3.16 | 3.10 | 3.29 | 3.29 | 3.23 | 3.26 | 3.10 | 2.88 | 2.84 | 3.02 | 3.17 | 3.21 |
| 2020 | 3.30 | 3.23 | 2.42 | 2.41 | 2.43 | 2.65 | 2.71 | 2.81 | 2.83 | 2.85 | 3.05 | 3.35 |
| 2021 | 3.53 | 3.70 | 3.77 | 3.67 | 3.81 | 4.00 | 3.96 | 3.88 | 4.00 | 4.28 | 4.29 | 4.17 |
| 2022 | 4.33 | 4.13 | 4.04 | 4.19 | 3.84 | 3.72 | 3.78 | 3.97 | 3.98 | 3.71 | 3.81 | 3.87 |
| 2023 | 3.78 | 3.68 | 3.57 | 3.61 | 3.75 | 3.93 | 4.15 | 4.13 | 4.10 | 3.53 | 3.60 | 3.87 |
| 2024 | 4.02 | 4.13 | 4.12 | 4.39 | 4.47 | 4.77 | 4.87 | 4.84 | 4.78 | 4.54 | 4.35 | 4.44 |
| 2025 | 4.17 | 4.01 | 3.92 | 4.11 | 4.33 | 4.37 | 4.27 | 3.94 | 3.85 | 3.89 | 3.95 | 3.94 |
| 2026 | 3.92 | 3.92 | 3.62 | 3.92 | 3.96 | 3.87 | 3.81 | 3.62 | 3.46 | 3.25 | · | · |
NIFTY LargeMidcap 250 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | · | · | · | · | · | · | 1.17 | · | · | · | · | · |
| 2017 | · | · | · | · | · | · | · | · | · | · | 0.79 | 0.78 |
| 2018 | 0.75 | 0.78 | 0.94 | 0.91 | 0.91 | 0.94 | 0.94 | 0.93 | 0.95 | 1.14 | 1.09 | 1.08 |
| 2019 | 1.08 | 1.12 | 1.05 | 1.06 | 1.10 | 1.12 | 1.20 | 1.28 | 1.26 | 1.22 | 1.15 | 1.14 |
| 2020 | 1.09 | 1.10 | 1.46 | 1.48 | 1.46 | 1.35 | 1.35 | 1.35 | 1.39 | 1.63 | 1.52 | 1.39 |
| 2021 | 1.31 | 1.24 | 1.21 | 0.97 | 0.94 | 0.99 | 0.98 | 1.00 | 1.01 | 1.00 | 0.99 | 1.05 |
| 2022 | 1.04 | 1.12 | 1.17 | 1.07 | 1.24 | 1.35 | 1.30 | 1.28 | 1.26 | 1.28 | 1.25 | 1.25 |
| 2023 | 1.28 | 1.34 | 1.37 | 1.34 | 1.29 | 1.28 | 1.22 | 1.21 | 1.17 | 1.18 | 1.18 | 1.09 |
| 2024 | 1.05 | 1.02 | 1.03 | 0.94 | 0.95 | 0.91 | 0.92 | 0.93 | 0.92 | 0.95 | 1.01 | 0.99 |
| 2025 | 1.05 | 1.13 | 1.13 | 1.08 | 0.98 | 0.99 | 1.03 | 1.11 | 1.09 | 1.07 | 1.06 | 1.06 |
| 2026 | 1.06 | 1.03 | 1.11 | 1.02 | 1.00 | 0.96 | 0.93 | 0.88 | 0.88 | 1.23 | · | · |
From the blog
Frequently asked questions
What is the NIFTY LargeMidcap 250 P/E ratio today?
The NIFTY LargeMidcap 250 closed at a price-to-earnings ratio of 21.84 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 LargeMidcap 250 overvalued right now?
Against its own history it is undervalued: a P/E of 21.84 is the 3rd percentile of 2,199 daily closes, against a median of 27.58 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 LargeMidcap 250?
There is no single good number, but there is a measured middle: 23.00 to 37.96 is the middle 80% of 2,199 daily closes, and the median sits at 27.58. Below 23.00 is the cheapest tenth of this index's own history and above 37.96 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 LargeMidcap 250 P/B ratio?
The NIFTY LargeMidcap 250 price-to-book ratio is 3.21 as of 27 October 2026, against a historical median of 3.77. 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 LargeMidcap 250 dividend yield?
The NIFTY LargeMidcap 250 dividend yield is 1.23% 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.