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

The NIFTY NEXT 50 PE ratio is 18.97 as of 4 Jun 2026, with a PB ratio of 3.68 and a dividend yield of 1.43%. On long-term valuations this is currently Fairly Valued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY NEXT 50 going back over two decades (1999–2026).

Valuation verdict
Below its long-term average
48th percentile vs its history · median PE 19.6
Earnings yield (1 ÷ PE)
5.27%
What the index "earns" relative to price
Current PE
18.97
vs all-time median 19.6
PeriodLow PECurrentHigh PE
1 Month19.019.019.0
3 Months19.019.019.7
6 Months17.119.019.7
1 Year17.119.021.5
3 Years17.119.029.1
5 Years17.119.029.7
Max5.319.069.2
Index PENIFTY NEXT 50
PE (TTM)18.97
PB Ratio3.68
Div Yield1.43%
Zone
Fairly Valued
H: 69.2L: 5.3Avg: 21.4Med: 19.5
PE Ratio — Monthly Heatmap
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026
19.4
19.5
17.1
19.7
19.3
19.0
2025
23.3
20.4
21.5
21.9
21.9
22.1
21.5
20.3
20.7
20.7
20.1
20.2
2024
24.8
25.5
22.4
24.1
24.1
25.6
26.4
26.8
24.8
23.2
22.6
24.9
2023
25.4
25.8
25.7
26.8
28.1
29.1
29.1
25.1
24.7
23.5
23.2
25.6
2022
22.1
20.8
21.0
21.7
19.6
18.3
20.3
23.4
21.8
22.3
25.4
25.6
2021
39.3
38.5
42.5
42.7
31.5
30.8
29.7
28.9
26.3
25.8
22.6
22.9
2020
66.8
69.2
56.5
64.9
65.9
30.8
32.9
33.1
35.6
36.4
38.0
41.2
2019
39.8
41.7
45.5
44.6
43.9
46.0
44.1
46.3
38.3
39.9
36.6
65.4
2018
37.7
35.8
34.6
35.5
33.8
40.9
46.5
44.0
38.7
38.2
41.3
42.4
2017
27.0
25.0
27.2
28.4
29.4
27.5
29.1
31.5
31.6
33.9
36.5
37.8
2016
20.3
20.1
22.0
22.4
24.3
25.9
28.8
29.6
30.5
30.2
25.9
25.1
2015
21.5
21.1
22.8
22.2
20.9
21.9
23.0
22.1
21.8
21.1
21.7
22.1
2014
14.7
15.5
17.3
17.4
19.0
21.9
21.0
20.4
20.5
20.7
20.7
20.7
2013
17.3
17.2
16.8
18.7
19.2
16.9
16.8
12.9
13.4
14.6
15.1
16.0
2012
15.8
15.8
15.9
17.5
16.1
15.5
15.1
17.5
20.0
18.9
16.9
17.8
2011
15.4
14.7
16.2
16.9
16.0
15.6
15.0
13.7
13.4
14.1
14.7
13.5
2010
14.7
14.8
15.8
15.5
16.6
17.2
18.2
18.3
20.0
19.9
17.7
17.6
2009
8.6
8.1
8.7
10.5
15.0
15.4
14.9
15.0
16.5
14.2
15.6
16.3
2008
19.9
19.6
16.7
19.0
16.3
12.1
13.2
13.7
12.1
8.4
7.5
9.0
2007
19.6
18.1
18.5
17.2
17.3
20.2
18.7
18.5
21.1
21.4
23.1
26.5
2006
17.7
18.1
19.9
20.1
17.1
14.5
14.6
16.5
20.4
20.1
21.3
21.8
2005
12.9
14.2
13.8
13.2
14.4
13.9
15.3
15.9
16.6
14.6
16.2
17.1
2004
15.6
15.3
11.9
12.8
7.8
7.9
8.1
8.4
9.2
9.2
10.2
14.2
2003
11.9
12.1
11.7
9.3
11.5
12.4
11.6
10.5
11.3
12.3
12.9
15.7
2002
5.3
6.5
6.8
7.3
8.6
8.3
7.4
7.4
6.5
6.6
11.6
12.3
2001
14.8
12.9
9.7
8.5
8.6
8.7
7.1
6.8
5.9
6.1
6.0
5.8
2000
39.7
40.4
33.5
25.2
16.9
17.2
15.2
16.4
14.5
13.7
15.2
14.9
1999
13.4
14.6
18.9
16.5
17.2
15.5
17.8
20.1
22.1
20.8
28.1
36.6

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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