NIFTY METAL PE Ratio — Live & 20-Year Historical Valuation
The NIFTY METAL PE ratio is 19.06 as of 22 May 2026, with a PB ratio of 3.48 and a dividend yield of 1.56%. On long-term valuations this is currently Fairly Valued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY METAL going back over two decades (2011–2026).
Valuation verdict
Above its long-term average
74th percentile vs its history · median PE 13.7
Earnings yield (1 ÷ PE)
5.25%
What the index "earns" relative to price
Current PE
19.06
vs all-time median 13.7
| Period | Low PE | Current | High PE |
|---|---|---|---|
| 1 Month | 19.1 | 19.1 | 19.1 |
| 3 Months | 18.9 | 19.1 | 21.8 |
| 6 Months | 18.9 | 19.1 | 21.8 |
| 1 Year | 17.5 | 19.1 | 21.8 |
| 3 Years | 17.1 | 19.1 | 35.1 |
| 5 Years | 4.9 | 19.1 | 35.1 |
| Max | 4.9 | 19.1 | 44.4 |
Index PENIFTY METAL
PE (TTM)19.06
PB Ratio3.48
Div Yield1.56%
Zone
Fairly Valued
H: 44.4L: 4.9Avg: 16.1Med: 13.7
PE Ratio — Monthly Heatmap
Low
High
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 20.6 | 20.8 | 18.9 | 21.8 | 19.1 | — | — | — | — | — | — | — |
| 2025 | 20.6 | 19.0 | 21.2 | 19.9 | 19.6 | 19.4 | 18.4 | 17.5 | 19.2 | 20.0 | 18.4 | 19.9 |
| 2024 | 28.8 | 26.1 | 27.2 | 30.8 | 33.5 | 34.6 | 35.1 | 31.3 | 33.5 | 32.1 | 21.5 | 20.7 |
| 2023 | 10.5 | 11.3 | 11.4 | 12.1 | 16.2 | 17.1 | 22.9 | 24.0 | 24.9 | 21.7 | 30.9 | 33.6 |
| 2022 | 6.5 | 6.5 | 7.0 | 6.9 | 5.6 | 4.9 | 6.1 | 6.8 | 6.6 | 7.1 | 10.1 | 10.4 |
| 2021 | 14.5 | 14.0 | 27.3 | 33.2 | 14.5 | 13.9 | 13.5 | 9.0 | 8.8 | 8.4 | 6.3 | 6.7 |
| 2020 | 9.6 | 10.9 | 7.7 | 9.0 | 9.1 | 12.3 | 10.3 | 12.1 | 11.5 | 12.5 | 15.9 | 17.7 |
| 2019 | 12.1 | 10.1 | 10.6 | 10.8 | 10.2 | 10.0 | 8.8 | 8.0 | 9.4 | 9.6 | 9.3 | 10.2 |
| 2018 | 18.1 | 16.9 | 14.9 | 15.8 | 18.1 | 16.2 | 15.7 | 17.1 | 16.4 | 14.8 | 12.6 | 13.1 |
| 2017 | 44.4 | 25.1 | 20.8 | 20.2 | 15.1 | 14.1 | 15.3 | 16.5 | 17.2 | 18.8 | 16.5 | 17.4 |
| 2016 | 13.4 | 30.1 | 35.2 | 31.3 | 21.1 | 23.2 | 28.1 | 27.2 | 25.8 | 30.4 | 40.9 | 38.4 |
| 2015 | 10.7 | 15.1 | 13.4 | 13.9 | 13.0 | 12.7 | 11.8 | 12.5 | 10.6 | 12.1 | 13.6 | 14.7 |
| 2014 | 13.7 | 11.3 | 13.1 | 12.8 | 15.4 | 16.6 | 16.5 | 14.0 | 13.0 | 13.0 | 12.0 | 11.3 |
| 2013 | 11.9 | 10.4 | 9.9 | 9.6 | 10.1 | 9.8 | 8.6 | 10.3 | 12.8 | 14.2 | 15.1 | 15.5 |
| 2012 | 11.7 | 12.7 | 12.0 | 11.7 | 11.2 | 11.9 | 12.3 | 12.3 | 12.2 | 11.3 | 11.6 | 12.4 |
| 2011 | — | — | — | — | — | — | 13.7 | 11.1 | 10.1 | 11.2 | 10.2 | 9.3 |
Undervalued
PE < 15
Fair Value
PE 15–20
Overvalued
PE 20–25
Expensive
PE > 25