NIFTY CPSE PE Ratio — Live & 20-Year Historical Valuation
The NIFTY CPSE PE ratio is 13.17 as of 5 Jun 2026, with a PB ratio of 2.23 and a dividend yield of 2.68%. On long-term valuations this is currently Undervalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY CPSE going back over two decades (2014–2026).
Valuation verdict
Expensive — top quartile of its history
80th percentile vs its history · median PE 10.9
Earnings yield (1 ÷ PE)
7.59%
What the index "earns" relative to price
Current PE
13.17
vs all-time median 10.9
| Period | Low PE | Current | High PE |
|---|---|---|---|
| 1 Month | 13.2 | 13.2 | 13.2 |
| 3 Months | 13.2 | 13.2 | 15.2 |
| 6 Months | 13.2 | 13.2 | 15.2 |
| 1 Year | 12.9 | 13.2 | 15.2 |
| 3 Years | 8.4 | 13.2 | 15.2 |
| 5 Years | 6.3 | 13.2 | 15.2 |
| Max | 6.3 | 13.2 | 15.2 |
Index PENIFTY CPSE
PE (TTM)13.17
PB Ratio2.23
Div Yield2.68%
Zone
Undervalued
H: 15.2L: 6.3Avg: 10.6Med: 10.9
PE Ratio — Monthly Heatmap
Low
High
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 14.2 | 14.5 | 14.2 | 15.2 | 13.7 | 13.2 | — | — | — | — | — | — |
| 2025 | 12.8 | 11.4 | 13.0 | 13.3 | 13.7 | 13.9 | 13.3 | 12.9 | 13.6 | 14.1 | 13.3 | 13.3 |
| 2024 | 11.8 | 12.4 | 12.6 | 13.6 | 13.3 | 13.8 | 15.1 | 15.2 | 14.7 | 13.3 | 13.6 | 12.7 |
| 2023 | 7.2 | 7.0 | 7.0 | 7.4 | 7.9 | 8.3 | 8.9 | 8.4 | 9.4 | 9.2 | 9.3 | 10.6 |
| 2022 | 7.3 | 6.5 | 6.9 | 7.3 | 6.9 | 6.4 | 6.5 | 6.8 | 6.3 | 6.9 | 7.3 | 7.2 |
| 2021 | 10.3 | 11.1 | 10.1 | 10.3 | 11.1 | 8.4 | 8.4 | 7.0 | 8.1 | 7.9 | 6.7 | 6.7 |
| 2020 | 8.3 | 8.6 | 6.8 | 7.4 | 7.3 | 7.3 | 7.9 | 8.7 | 8.4 | 8.4 | 10.1 | 10.9 |
| 2019 | 8.9 | 8.4 | 9.2 | 9.3 | 9.3 | 9.4 | 8.2 | 7.5 | 8.3 | 8.7 | 8.8 | 8.8 |
| 2018 | 13.6 | 12.3 | 11.4 | 11.3 | 11.2 | 10.1 | 10.6 | 11.5 | 11.0 | 9.4 | 8.6 | 9.3 |
| 2017 | 12.2 | 11.7 | 11.6 | 12.4 | 11.9 | 10.9 | 11.2 | 11.6 | 12.4 | 13.4 | 13.0 | 13.3 |
| 2016 | 10.8 | 9.1 | 9.9 | 10.2 | 10.1 | 10.6 | 11.4 | 11.8 | 11.8 | 12.7 | 11.5 | 11.4 |
| 2015 | 10.6 | 13.6 | 12.9 | 12.6 | 13.3 | 13.8 | 13.7 | 11.2 | 11.0 | 11.0 | 11.4 | 11.6 |
| 2014 | — | — | 11.0 | 11.0 | 11.8 | 11.7 | 10.9 | 10.7 | 10.4 | 11.2 | 11.0 | 10.7 |
Undervalued
PE < 15
Fair Value
PE 15–20
Overvalued
PE 20–25
Expensive
PE > 25