NIFTY IT PE Ratio — Live & 20-Year Historical Valuation
The NIFTY IT PE ratio is 20.00 as of 3 Jun 2026, with a PB ratio of 5.36 and a dividend yield of 3.32%. On long-term valuations this is currently Overvalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY IT going back over two decades (1999–2026).
Valuation verdict
Cheap — bottom quartile of its history
24th percentile vs its history · median PE 24.3
Earnings yield (1 ÷ PE)
5.00%
What the index "earns" relative to price
Current PE
20.00
vs all-time median 24.3
| Period | Low PE | Current | High PE |
|---|---|---|---|
| 1 Month | 20.0 | 20.0 | 20.0 |
| 3 Months | 19.8 | 20.0 | 20.1 |
| 6 Months | 19.8 | 20.0 | 27.0 |
| 1 Year | 19.8 | 20.0 | 27.0 |
| 3 Years | 19.8 | 20.0 | 35.0 |
| 5 Years | 19.8 | 20.0 | 38.9 |
| Max | 9.8 | 20.0 | 298.5 |
Index PENIFTY IT
PE (TTM)20.00
PB Ratio5.36
Div Yield3.32%
Zone
Overvalued
H: 298.5L: 9.8Avg: 33.0Med: 24.1
PE Ratio — Monthly Heatmap
Low
High
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 27.0 | 21.7 | 20.6 | 20.1 | 19.8 | 20.0 | — | — | — | — | — | — |
| 2025 | 32.3 | 28.3 | 27.9 | 26.9 | 27.9 | 28.8 | 25.5 | 25.4 | 24.3 | 25.3 | 26.5 | 26.6 |
| 2024 | 31.3 | 32.3 | 29.9 | 28.0 | 27.2 | 30.3 | 33.4 | 35.0 | 34.4 | 32.0 | 34.1 | 34.0 |
| 2023 | 26.4 | 26.3 | 25.3 | 24.0 | 25.5 | 25.4 | 25.2 | 26.2 | 26.7 | 25.8 | 27.4 | 29.7 |
| 2022 | 34.4 | 33.4 | 35.9 | 29.9 | 27.6 | 25.4 | 26.5 | 25.8 | 24.7 | 25.8 | 27.3 | 26.3 |
| 2021 | 31.6 | 30.9 | 28.6 | 28.0 | 29.4 | 31.9 | 31.8 | 35.7 | 36.8 | 34.6 | 35.3 | 38.9 |
| 2020 | 20.9 | 19.7 | 16.6 | 18.0 | 17.5 | 19.7 | 24.0 | 23.8 | 26.9 | 28.3 | 29.3 | 32.7 |
| 2019 | 21.9 | 22.3 | 23.3 | 24.7 | 23.7 | 23.1 | 22.2 | 22.8 | 21.2 | 21.1 | 20.2 | 20.7 |
| 2018 | 19.2 | 19.0 | 18.6 | 20.5 | 19.5 | 19.9 | 20.7 | 22.1 | 22.3 | 20.8 | 20.4 | 20.0 |
| 2017 | 15.7 | 16.9 | 16.9 | 15.7 | 16.5 | 16.4 | 17.6 | 17.1 | 16.9 | 17.4 | 17.5 | 18.4 |
| 2016 | 19.5 | 17.9 | 19.7 | 19.0 | 18.9 | 18.5 | 18.1 | 17.4 | 16.7 | 16.0 | 15.4 | 16.6 |
| 2015 | 21.4 | 22.9 | 21.8 | 20.1 | 21.8 | 20.8 | 21.3 | 21.8 | 22.6 | 20.1 | 19.5 | 19.5 |
| 2014 | 23.2 | 23.6 | 21.3 | 20.8 | 19.6 | 21.2 | 20.7 | 20.8 | 21.9 | 21.1 | 21.9 | 20.7 |
| 2013 | 18.2 | 19.0 | 19.3 | 15.8 | 16.9 | 17.6 | 20.3 | 21.6 | 21.7 | 22.4 | 21.9 | 23.7 |
| 2012 | 19.5 | 21.1 | 20.9 | 18.7 | 18.3 | 18.6 | 16.2 | 17.3 | 18.2 | 16.8 | 17.1 | 16.4 |
| 2011 | 26.4 | 25.3 | 26.6 | 23.9 | 23.4 | 23.8 | 22.0 | 18.9 | 19.7 | 20.8 | 19.8 | 20.7 |
| 2010 | 22.7 | 23.2 | 23.5 | 23.9 | 23.2 | 23.9 | 24.5 | 24.0 | 26.6 | 25.9 | 26.3 | 29.4 |
| 2009 | 11.1 | 10.4 | 11.5 | 13.4 | 15.2 | 16.6 | 19.4 | 20.2 | 22.4 | 21.2 | 22.4 | 24.3 |
| 2008 | 18.1 | 19.0 | 17.9 | 20.9 | 21.9 | 18.7 | 17.2 | 18.4 | 14.6 | 12.0 | 11.0 | 9.8 |
| 2007 | 33.0 | 30.4 | 32.4 | 30.6 | 30.4 | 30.2 | 28.0 | 25.9 | 25.9 | 24.8 | 22.5 | 24.4 |
| 2006 | 41.5 | 42.2 | 46.5 | 34.9 | 31.0 | 31.8 | 29.8 | 32.2 | 32.9 | 32.2 | 33.4 | 34.4 |
| 2005 | 34.7 | 51.0 | 51.1 | 44.5 | 51.4 | 46.5 | 44.9 | 33.2 | 34.2 | 33.1 | 36.4 | 40.3 |
| 2004 | 31.7 | 30.6 | 28.8 | 30.8 | 30.4 | 28.8 | 31.1 | 29.5 | 30.6 | 32.5 | 36.5 | 35.6 |
| 2003 | 22.5 | 23.1 | 20.3 | 16.5 | 16.1 | 18.3 | 20.2 | 22.3 | 25.7 | 27.5 | 30.6 | 34.9 |
| 2002 | 34.6 | 24.3 | 25.7 | 24.9 | 23.5 | 22.2 | 18.3 | 20.9 | 20.5 | 21.1 | 25.4 | 25.8 |
| 2001 | 91.7 | 81.6 | 47.4 | 47.2 | 33.0 | 27.8 | 28.6 | 28.2 | 19.6 | 22.3 | 30.9 | 33.6 |
| 2000 | 223.3 | 298.5 | 261.3 | 181.4 | 138.2 | 144.4 | 117.8 | 146.3 | 137.3 | 122.2 | 127.1 | 79.5 |
| 1999 | 83.0 | 92.7 | 104.0 | 83.0 | 98.8 | 100.7 | 70.2 | 77.4 | 97.6 | 88.1 | 110.8 | 182.7 |
Undervalued
PE < 15
Fair Value
PE 15–20
Overvalued
PE 20–25
Expensive
PE > 25