NIFTY PHARMA PE Ratio - Live & 20-Year Historical Valuation

The NIFTY PHARMA PE ratio is 38.47 as of 1 Jul 2026, with a PB ratio of 5.28 and a dividend yield of 0.62%. On long-term valuations this is currently Highly Overvalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY PHARMA going back over two decades (2005-2026).

Valuation verdict
Above its long-term average
68th percentile vs its history · median PE 34.2
Earnings yield (1 ÷ PE)
2.60%
What the index "earns" relative to price
Current PE
38.47
vs all-time median 34.2
PeriodLow PECurrentHigh PE
1 Month38.538.538.5
3 Months37.638.538.7
6 Months33.338.538.7
1 Year31.638.538.7
3 Years29.938.539.3
5 Years27.938.539.3
Max17.338.577.0
⬇ Download 22-year NIFTY PHARMA PE/PB/yield history (free CSV)

Monthly PE, PB and dividend yield since 2005 - free for research and citation, attribution appreciated.

Index PENIFTY PHARMA
PE (TTM)38.47
PB Ratio5.28
Div Yield0.62%
Zone
Highly Overvalued
H: 77.0L: 17.3Avg: 36.2Med: 34.2
PE Ratio - Monthly Heatmap
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026
33.1
34.4
33.3
34.8
37.6
38.7
38.5
-
-
-
-
-
2025
33.3
29.9
32.0
32.8
30.7
31.6
32.3
31.6
33.1
33.9
34.0
33.6
2024
36.0
36.3
36.6
36.6
34.1
35.8
39.3
38.8
38.8
37.3
35.1
37.0
2023
31.0
30.9
31.6
33.1
27.9
30.1
32.3
31.9
32.5
30.4
32.7
33.9
2022
31.0
31.4
33.0
32.7
33.4
36.8
38.7
37.4
36.5
37.1
34.2
32.7
2021
36.3
33.2
32.3
35.5
35.9
36.4
37.4
30.5
31.0
29.7
32.0
33.3
2020
25.8
23.4
22.2
28.8
30.1
30.5
32.9
31.7
33.7
34.8
35.2
38.4
2019
48.3
49.9
52.7
53.0
40.8
38.4
34.4
32.9
29.5
30.8
25.6
25.8
2018
47.4
46.9
45.4
50.9
46.6
52.2
53.2
51.4
49.4
47.4
51.0
48.8
2017
38.2
38.0
37.4
36.4
33.5
35.5
35.0
43.4
45.1
47.9
45.2
47.2
2016
59.5
42.2
41.5
42.7
42.5
43.0
45.2
44.1
43.0
44.6
39.6
38.1
2015
40.1
48.6
52.9
51.9
56.3
54.2
55.4
77.0
75.3
73.5
58.2
60.6
2014
50.0
48.8
45.0
48.3
38.4
42.5
41.6
31.3
33.7
36.2
36.2
35.2
2013
43.3
31.4
32.4
35.6
39.5
42.5
46.5
43.5
45.9
46.3
47.5
49.2
2012
30.9
46.8
48.9
50.1
42.5
41.8
44.3
54.0
53.2
48.2
43.5
44.7
2011
25.9
25.2
26.4
26.9
30.2
30.1
29.0
26.4
26.4
28.3
29.1
28.3
2010
34.0
26.8
29.1
28.9
23.0
24.1
23.1
24.1
26.3
28.3
28.4
29.1
2009
24.4
24.0
25.9
36.9
40.2
38.8
33.6
35.4
40.5
33.5
37.4
39.4
2008
22.1
24.3
24.2
26.6
27.7
26.2
26.8
28.0
23.4
17.3
20.4
20.9
2007
25.7
23.5
25.1
24.3
23.2
22.5
20.3
19.8
21.1
22.6
22.2
25.2
2006
34.4
37.9
41.3
34.5
31.6
29.5
29.2
32.2
33.3
28.8
29.6
30.3
2005
-
-
-
-
-
-
30.9
34.8
33.7
29.2
32.5
33.4

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.

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