NIFTY 50 PE Ratio — Live & 20-Year Historical Valuation

The NIFTY 50 PE ratio is 20.17 as of 5 Jun 2026, with a PB ratio of 3.09 and a dividend yield of 1.24%. On long-term valuations this is currently Overvalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY 50 going back over two decades (1999–2026).

Valuation verdict
Below its long-term average
39th percentile vs its history · median PE 20.9
Earnings yield (1 ÷ PE)
4.96%
What the index "earns" relative to price
Current PE
20.17
vs all-time median 20.9
PeriodLow PECurrentHigh PE
1 Month20.220.220.2
3 Months20.220.220.9
6 Months19.620.222.0
1 Year19.620.222.8
3 Years19.620.224.3
5 Years19.520.227.0
Max11.720.239.6
Index PENIFTY 50
PE (TTM)20.17
PB Ratio3.09
Div Yield1.24%
Zone
Overvalued
H: 39.6L: 11.7Avg: 20.9Med: 20.9
PE Ratio — Monthly Heatmap
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026
22.0
22.0
19.6
20.9
20.3
20.2
2025
21.3
19.7
21.4
21.9
22.3
23.0
21.9
21.5
21.8
22.6
22.8
22.8
2024
22.5
22.7
22.9
22.0
21.4
22.9
23.4
23.5
24.3
22.6
22.2
21.8
2023
20.7
20.4
20.4
20.9
21.6
22.4
23.0
22.0
22.2
20.4
21.5
23.2
2022
23.4
21.6
22.9
22.0
20.4
19.5
20.7
21.2
20.6
21.4
22.5
21.8
2021
36.6
39.6
33.2
32.2
29.2
28.3
27.0
26.3
27.0
25.7
23.4
24.1
2020
26.4
25.5
19.4
22.4
22.4
26.3
30.2
32.3
32.7
31.9
35.7
38.5
2019
26.3
26.3
29.0
29.3
29.5
29.0
27.4
27.3
26.4
27.4
28.1
28.3
2018
27.5
25.7
24.7
26.7
27.2
25.9
28.2
28.4
26.4
25.0
26.3
26.2
2017
22.9
23.1
23.3
23.6
24.4
24.2
25.7
25.6
25.4
26.4
26.2
26.9
2016
20.2
18.9
20.9
21.2
22.6
22.8
23.6
24.1
23.4
23.3
21.6
21.9
2015
22.5
23.8
22.7
22.1
23.1
23.2
23.5
22.1
22.2
22.1
21.4
21.5
2014
17.7
17.7
18.9
18.8
19.8
20.6
20.6
20.8
20.8
21.6
21.9
21.2
2013
18.5
17.7
17.6
17.9
17.9
17.8
17.1
15.8
16.8
18.2
18.4
18.7
2012
18.5
19.1
18.7
18.1
16.7
17.5
17.1
17.6
19.2
18.4
18.6
18.7
2011
21.1
20.4
22.1
21.4
20.5
20.8
19.8
18.1
17.9
18.9
17.5
16.8
2010
21.0
20.9
22.3
22.3
21.3
22.3
22.3
22.7
25.5
24.7
23.4
24.5
2009
13.4
13.1
14.3
16.5
20.8
20.0
20.7
20.9
22.9
20.4
22.4
23.2
2008
22.0
22.3
20.6
22.2
20.7
17.3
18.2
18.4
16.9
12.6
12.1
13.0
2007
19.9
18.0
18.4
19.5
20.4
20.6
20.5
20.2
22.6
25.7
25.2
27.6
2006
17.9
18.3
20.3
20.3
17.5
18.4
17.6
19.1
20.9
20.4
21.2
21.3
2005
14.7
15.0
14.6
13.3
13.9
14.3
14.1
14.8
16.1
14.2
15.9
17.2
2004
20.0
19.7
20.7
18.7
11.9
12.6
13.6
13.6
14.6
14.9
16.4
15.3
2003
14.1
14.4
13.4
13.1
11.7
12.9
12.8
14.9
15.6
17.1
17.8
20.7
2002
17.0
18.4
18.1
17.9
16.2
15.7
14.3
15.0
14.3
14.5
14.2
14.8
2001
22.2
20.2
17.2
14.6
15.8
15.8
15.2
15.1
13.2
13.8
15.5
15.3
2000
25.2
26.4
24.6
21.1
23.0
22.9
20.7
21.0
19.3
17.7
19.2
19.2
1999
12.8
13.0
16.5
15.0
18.0
17.9
19.9
21.4
22.0
20.6
21.5
24.1

Undervalued

PE < 15

Fair Value

PE 15–20

Overvalued

PE 20–25

Expensive

PE > 25

NIFTY 50 PE Ratio Today — Live Chart with 20+ Years of Historical Valuation Data

The NIFTY 50 PE ratio is the single most-watched valuation metric in Indian markets. This page tracks it live with 20+ years of historical data, compares it with SENSEX PE, Bank NIFTY PE, and Nifty IT PE, and shows valuation zones (undervalued, fair, overvalued). Sourced from NSE official feeds and updated daily.

How to read the NIFTY PE ratio

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