NIFTY 200 PE Ratio — Live & 20-Year Historical Valuation
The NIFTY 200 PE ratio is 21.28 as of 5 Jun 2026, with a PB ratio of 3.40 and a dividend yield of 1.15%. On long-term valuations this is currently Overvalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY 200 going back over two decades (2011–2026).
Valuation verdict
Below its long-term average
28th percentile vs its history · median PE 23.5
Earnings yield (1 ÷ PE)
4.70%
What the index "earns" relative to price
Current PE
21.28
vs all-time median 23.5
| Period | Low PE | Current | High PE |
|---|---|---|---|
| 1 Month | 21.3 | 21.3 | 21.3 |
| 3 Months | 21.3 | 21.3 | 22.5 |
| 6 Months | 20.7 | 21.3 | 23.0 |
| 1 Year | 20.7 | 21.3 | 23.8 |
| 3 Years | 20.7 | 21.3 | 26.9 |
| 5 Years | 19.7 | 21.3 | 28.3 |
| Max | 15.1 | 21.3 | 43.3 |
Index PENIFTY 200
PE (TTM)21.28
PB Ratio3.40
Div Yield1.15%
Zone
Overvalued
H: 43.3L: 15.1Avg: 24.1Med: 23.5
PE Ratio — Monthly Heatmap
Low
High
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 22.9 | 23.0 | 20.7 | 22.5 | 21.5 | 21.3 | — | — | — | — | — | — |
| 2025 | 23.4 | 21.1 | 22.6 | 23.2 | 23.5 | 24.1 | 23.1 | 22.4 | 23.0 | 23.8 | 23.8 | 23.8 |
| 2024 | 23.5 | 23.6 | 24.3 | 24.0 | 23.8 | 25.4 | 26.2 | 26.4 | 26.9 | 25.0 | 24.6 | 24.4 |
| 2023 | 21.8 | 21.2 | 21.3 | 21.9 | 22.6 | 23.5 | 24.1 | 22.6 | 23.0 | 21.3 | 22.1 | 23.9 |
| 2022 | 24.0 | 22.0 | 23.2 | 22.6 | 20.7 | 19.7 | 21.1 | 22.1 | 21.5 | 22.1 | 23.5 | 22.9 |
| 2021 | 39.8 | 42.4 | 35.1 | 34.4 | 30.5 | 29.5 | 28.3 | 26.8 | 27.6 | 26.4 | 24.0 | 24.6 |
| 2020 | 28.5 | 27.6 | 20.9 | 24.1 | 24.1 | 29.1 | 33.1 | 36.9 | 39.7 | 36.1 | 40.2 | 43.3 |
| 2019 | 28.4 | 28.4 | 30.8 | 30.9 | 30.9 | 30.5 | 28.9 | 28.9 | 27.1 | 28.1 | 28.6 | 29.9 |
| 2018 | 30.7 | 28.9 | 27.8 | 29.6 | 29.8 | 28.8 | 31.8 | 31.8 | 29.0 | 27.6 | 28.8 | 28.8 |
| 2017 | 24.4 | 24.4 | 25.2 | 25.8 | 26.2 | 26.0 | 27.5 | 27.8 | 28.0 | 29.3 | 29.5 | 30.5 |
| 2016 | 21.1 | 19.5 | 21.6 | 21.9 | 23.8 | 24.2 | 25.4 | 26.2 | 25.5 | 25.5 | 23.1 | 23.3 |
| 2015 | 22.1 | 23.8 | 23.4 | 22.7 | 23.4 | 23.7 | 24.2 | 23.0 | 23.0 | 22.9 | 22.4 | 22.6 |
| 2014 | 17.1 | 17.1 | 18.5 | 18.5 | 19.7 | 20.8 | 20.6 | 20.6 | 20.4 | 21.1 | 21.4 | 20.9 |
| 2013 | 18.2 | 17.4 | 17.2 | 17.7 | 17.8 | 17.3 | 16.6 | 15.1 | 16.1 | 17.4 | 17.7 | 18.2 |
| 2012 | 18.0 | 18.8 | 18.5 | 17.8 | 16.5 | 17.2 | 16.7 | 17.5 | 18.9 | 18.2 | 18.2 | 18.5 |
| 2011 | — | — | — | — | — | — | 18.8 | 17.1 | 16.9 | 17.8 | 16.9 | 16.0 |
Undervalued
PE < 15
Fair Value
PE 15–20
Overvalued
PE 20–25
Expensive
PE > 25