NIFTY FMCG PE Ratio — Live & 20-Year Historical Valuation
The NIFTY FMCG PE ratio is 33.23 as of 5 Jun 2026, with a PB ratio of 8.36 and a dividend yield of 0.96%. On long-term valuations this is currently Highly Overvalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY FMCG going back over two decades (1999–2026).
Valuation verdict
Below its long-term average
42th percentile vs its history · median PE 35.2
Earnings yield (1 ÷ PE)
3.01%
What the index "earns" relative to price
Current PE
33.23
vs all-time median 35.2
| Period | Low PE | Current | High PE |
|---|---|---|---|
| 1 Month | 33.2 | 33.2 | 33.2 |
| 3 Months | 33.2 | 33.2 | 36.3 |
| 6 Months | 32.6 | 33.2 | 37.4 |
| 1 Year | 32.6 | 33.2 | 42.1 |
| 3 Years | 32.6 | 33.2 | 52.4 |
| 5 Years | 32.6 | 33.2 | 52.4 |
| Max | 15.8 | 33.2 | 53.8 |
Index PENIFTY FMCG
PE (TTM)33.23
PB Ratio8.36
Div Yield0.96%
Zone
Highly Overvalued
H: 53.8L: 15.8Avg: 34.1Med: 35.2
PE Ratio — Monthly Heatmap
Low
High
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 37.4 | 36.9 | 32.6 | 36.3 | 34.0 | 33.2 | — | — | — | — | — | — |
| 2025 | 46.0 | 41.3 | 42.8 | 44.9 | 43.7 | 41.4 | 42.1 | 42.1 | 40.5 | 41.3 | 40.7 | 40.7 |
| 2024 | 43.8 | 43.1 | 42.3 | 42.5 | 43.7 | 44.9 | 49.0 | 49.5 | 52.4 | 47.0 | 46.1 | 46.4 |
| 2023 | 40.7 | 39.3 | 41.3 | 42.9 | 44.0 | 45.3 | 45.1 | 42.6 | 42.6 | 41.9 | 43.2 | 45.8 |
| 2022 | 38.3 | 36.6 | 37.8 | 39.7 | 39.0 | 38.2 | 42.6 | 42.0 | 42.9 | 40.8 | 41.9 | 40.5 |
| 2021 | 42.6 | 42.1 | 42.9 | 41.3 | 41.6 | 42.1 | 40.0 | 44.0 | 44.1 | 40.7 | 39.8 | 39.8 |
| 2020 | 38.6 | 35.2 | 31.8 | 33.4 | 34.9 | 37.3 | 39.0 | 38.8 | 37.2 | 36.5 | 40.6 | 43.8 |
| 2019 | 42.5 | 41.7 | 46.6 | 46.6 | 44.2 | 43.2 | 42.4 | 42.6 | 41.2 | 42.4 | 38.4 | 37.9 |
| 2018 | 42.7 | 41.4 | 40.4 | 44.5 | 44.3 | 43.1 | 46.1 | 47.3 | 43.1 | 41.3 | 43.0 | 43.6 |
| 2017 | 36.8 | 37.7 | 39.8 | 40.0 | 43.7 | 45.3 | 43.6 | 43.0 | 40.8 | 42.1 | 42.0 | 43.7 |
| 2016 | 35.8 | 33.9 | 36.5 | 36.5 | 34.4 | 36.2 | 37.3 | 38.0 | 35.8 | 35.2 | 34.8 | 35.2 |
| 2015 | 36.8 | 36.6 | 46.3 | 45.5 | 39.2 | 39.5 | 40.6 | 38.7 | 38.4 | 38.7 | 37.6 | 37.5 |
| 2014 | 33.8 | 33.7 | 36.0 | 34.9 | 34.3 | 33.4 | 35.4 | 35.9 | 36.1 | 35.2 | 35.6 | 35.8 |
| 2013 | 34.2 | 32.5 | 34.1 | 37.5 | 38.0 | 36.1 | 37.6 | 34.8 | 37.7 | 37.7 | 35.3 | 35.4 |
| 2012 | 27.4 | 28.0 | 30.3 | 32.6 | 30.2 | 33.3 | 31.7 | 33.5 | 34.7 | 33.7 | 36.2 | 35.3 |
| 2011 | 28.6 | 29.0 | 30.1 | 31.4 | 30.5 | 32.2 | 31.2 | 29.5 | 29.2 | 30.0 | 28.2 | 28.1 |
| 2010 | 26.3 | 25.5 | 27.0 | 27.4 | 27.1 | 29.8 | 29.3 | 30.4 | 33.3 | 31.7 | 31.3 | 32.1 |
| 2009 | 22.1 | 22.0 | 22.0 | 22.6 | 22.8 | 25.0 | 28.5 | 26.6 | 27.3 | 27.8 | 29.2 | 28.3 |
| 2008 | 27.1 | 28.0 | 27.6 | 28.9 | 27.8 | 23.2 | 24.1 | 24.6 | 23.9 | 19.8 | 21.1 | 21.9 |
| 2007 | 24.9 | 23.1 | 22.8 | 23.3 | 24.2 | 24.1 | 24.8 | 24.6 | 26.7 | 26.2 | 27.4 | 29.7 |
| 2006 | 31.6 | 35.6 | 39.9 | 35.5 | 29.7 | 30.1 | 27.9 | 30.0 | 30.9 | 29.0 | 28.0 | 27.3 |
| 2005 | 21.1 | 20.2 | 19.9 | 21.0 | 22.8 | 24.4 | 28.6 | 25.5 | 28.3 | 25.4 | 28.3 | 30.4 |
| 2004 | 21.1 | 20.7 | 18.8 | 18.4 | 16.6 | 16.1 | 16.7 | 15.8 | 17.0 | 16.5 | 19.0 | 19.9 |
| 2003 | 18.3 | 18.2 | 16.5 | 16.8 | 17.9 | 18.8 | 17.4 | 18.8 | 18.6 | 18.4 | 18.8 | 22.0 |
| 2002 | 29.9 | 27.7 | 25.8 | 23.9 | 22.8 | 23.2 | 21.4 | 22.7 | 21.2 | 20.0 | 20.9 | 19.0 |
| 2001 | 33.4 | 34.4 | 32.4 | 32.1 | 30.6 | 30.4 | 32.0 | 30.9 | 28.1 | 29.5 | 29.6 | 30.5 |
| 2000 | 48.3 | 51.7 | 45.9 | 42.1 | 47.1 | 50.5 | 46.4 | 45.6 | 41.2 | 38.5 | 41.4 | 33.5 |
| 1999 | — | — | — | — | — | — | — | — | 53.8 | 47.6 | 46.3 | 44.4 |
Undervalued
PE < 15
Fair Value
PE 15–20
Overvalued
PE 20–25
Expensive
PE > 25