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NIFTY MIDCAP 50 PE Ratio — Live & 20-Year Historical Valuation

The NIFTY MIDCAP 50 PE ratio is 36.08 as of 27 Apr 2026, with a PB ratio of 4.63 and a dividend yield of 0.63%. On long-term valuations this is currently Highly Overvalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY MIDCAP 50 going back over two decades (2004–2026).

Valuation verdict
Expensive — top quartile of its history
77th percentile vs its history · median PE 20.4
Earnings yield (1 ÷ PE)
2.77%
What the index "earns" relative to price
Current PE
36.08
vs all-time median 20.4
PeriodLow PECurrentHigh PE
1 Month36.136.136.1
3 Months32.136.136.1
6 Months32.136.136.1
1 Year32.136.140.5
3 Years19.736.151.0
5 Years18.436.151.0
Max6.636.1216.9
Index PENIFTY MIDCAP 50
PE (TTM)36.08
PB Ratio4.63
Div Yield0.63%
Zone
Highly Overvalued
H: 216.9L: 6.6Avg: 30.0Med: 20.4
PE Ratio — Monthly Heatmap
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026
32.3
32.3
32.1
36.1
—
—
—
—
—
—
—
—
2025
42.9
37.3
39.2
38.6
39.0
40.5
38.0
35.3
33.0
34.5
33.9
33.7
2024
21.6
21.0
33.2
34.3
41.4
44.3
49.8
47.8
51.0
48.4
47.5
50.0
2023
23.2
22.0
21.6
22.9
22.7
24.0
24.5
20.8
22.0
20.6
19.7
21.4
2022
28.5
25.1
22.2
22.1
19.5
18.4
20.1
21.9
21.7
21.8
24.6
24.3
2021
152.7
107.9
48.4
47.9
38.0
32.4
32.0
21.8
32.9
30.7
27.7
28.5
2020
24.6
22.8
16.1
18.8
18.4
0.0
0.0
0.0
0.0
216.9
175.6
186.1
2019
43.6
41.5
35.1
33.6
31.8
30.5
30.5
30.9
21.0
22.2
22.5
23.4
2018
78.9
86.9
91.5
61.0
68.1
50.0
68.7
63.4
70.4
68.8
53.8
51.0
2017
33.6
33.9
49.8
52.9
54.3
62.9
67.0
72.8
83.5
92.5
102.6
97.1
2016
19.6
22.8
26.9
27.8
43.5
49.2
52.6
67.7
42.0
43.8
32.0
32.6
2015
16.9
15.8
14.4
13.9
14.4
15.5
16.5
14.5
18.4
18.8
21.2
21.8
2014
11.9
13.5
12.9
13.2
15.3
18.8
17.9
17.0
16.1
16.9
16.8
16.3
2013
14.6
12.5
11.7
12.7
12.6
12.4
12.9
12.3
9.4
10.5
12.0
12.9
2012
14.9
18.6
18.3
13.1
11.9
13.2
12.8
13.2
14.6
13.8
14.5
15.1
2011
17.5
15.9
17.2
17.1
16.3
16.1
16.4
14.6
14.4
14.2
13.4
12.4
2010
14.6
15.4
16.5
17.4
17.1
17.6
17.7
18.3
20.4
20.8
20.3
20.3
2009
7.8
7.4
7.9
9.3
14.2
14.0
14.8
15.6
16.9
15.3
16.6
17.2
2008
16.0
16.1
13.6
15.5
14.5
10.5
11.7
11.9
10.0
7.0
6.6
7.7
2007
17.2
15.1
14.5
15.7
15.7
16.7
15.9
15.8
18.2
19.6
20.5
23.3
2006
0.0
0.0
0.0
23.1
19.5
16.4
15.3
16.5
18.3
17.3
18.1
18.4
2005
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2004
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

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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