NIFTY 500 PE Ratio — Live & 20-Year Historical Valuation

The NIFTY 500 PE ratio is 22.29 as of 5 Jun 2026, with a PB ratio of 3.45 and a dividend yield of 1.09%. On long-term valuations this is currently Overvalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY 500 going back over two decades (1999–2026).

Valuation verdict
Above its long-term average
58th percentile vs its history · median PE 21.0
Earnings yield (1 ÷ PE)
4.49%
What the index "earns" relative to price
Current PE
22.29
vs all-time median 21.0
PeriodLow PECurrentHigh PE
1 Month22.322.322.3
3 Months22.322.323.2
6 Months21.222.323.5
1 Year21.222.324.6
3 Years21.222.327.9
5 Years20.122.328.8
Max10.722.343.4
Index PENIFTY 500
PE (TTM)22.29
PB Ratio3.45
Div Yield1.09%
Zone
Overvalued
H: 43.4L: 10.7Avg: 21.7Med: 21.0
PE Ratio — Monthly Heatmap
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026
23.5
23.5
21.2
23.2
22.4
22.3
2025
24.3
21.8
23.5
24.1
24.6
25.3
24.3
23.5
23.8
24.6
24.4
24.4
2024
24.2
24.4
24.7
24.7
24.5
26.2
27.1
27.2
27.9
26.1
25.8
25.6
2023
21.8
21.2
21.1
21.8
22.6
23.5
24.2
23.1
23.4
21.8
22.7
24.5
2022
24.8
22.7
23.7
23.1
21.1
20.1
21.5
22.3
21.6
22.2
23.4
22.9
2021
40.2
42.6
35.9
35.4
31.3
30.2
28.8
27.2
28.0
26.9
24.7
25.4
2020
30.0
29.1
21.8
25.1
25.2
29.4
32.9
36.9
40.6
37.0
40.6
43.4
2019
29.1
29.2
31.2
31.2
31.6
31.0
29.3
29.2
28.2
29.3
29.8
30.8
2018
32.4
30.8
29.6
31.4
31.6
30.5
33.6
34.5
30.2
28.9
29.6
29.6
2017
26.6
26.6
26.8
27.6
27.9
27.7
29.3
29.6
29.6
31.1
31.4
32.5
2016
22.1
20.6
22.8
23.2
25.0
25.9
27.2
28.2
27.5
27.6
25.1
25.3
2015
23.2
24.9
24.3
23.6
24.4
24.6
25.2
24.1
23.7
23.7
23.4
23.6
2014
17.9
17.9
19.0
19.1
20.5
21.7
21.5
21.3
21.4
22.0
22.3
22.0
2013
18.1
17.2
17.1
17.6
17.8
17.5
16.8
15.6
16.4
17.8
18.4
19.0
2012
17.6
18.6
18.3
18.0
16.8
17.4
16.9
17.9
19.3
18.5
18.2
18.4
2011
19.2
18.5
20.2
19.9
18.9
19.0
18.3
16.7
16.6
17.3
16.5
15.6
2010
18.7
18.5
19.4
19.2
19.0
19.8
19.9
20.9
22.8
23.0
21.5
22.2
2009
12.2
12.1
13.1
15.3
19.7
18.4
19.0
19.6
21.0
18.2
19.9
20.8
2008
20.2
20.3
17.9
19.4
18.1
14.7
15.7
15.9
14.5
11.2
10.7
11.8
2007
18.6
16.9
17.1
17.6
18.5
18.9
18.7
18.4
21.0
23.0
23.4
26.4
2006
19.3
19.8
21.8
20.8
17.4
17.3
16.5
18.1
19.6
18.8
19.6
19.8
2005
17.0
17.5
16.8
16.0
17.4
18.0
18.8
18.2
18.6
15.4
17.3
18.6
2004
16.9
16.8
17.1
17.8
14.4
14.4
15.6
14.0
15.2
14.4
15.9
17.2
2003
13.6
13.8
12.9
12.8
14.8
15.7
15.2
17.7
15.9
17.0
14.9
17.8
2002
15.2
14.7
14.8
14.0
13.6
13.5
11.9
12.4
11.7
12.0
12.8
14.0
2001
20.9
20.3
16.1
16.1
17.1
15.4
14.8
14.5
12.4
13.2
14.9
14.8
2000
28.0
34.3
30.6
24.7
24.0
26.0
23.4
25.0
22.3
20.5
22.4
19.4
1999
13.5
13.7
15.1
13.6
14.8
15.5
17.4
19.6
21.8
20.3
22.1
25.7

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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