NIFTY SMLCAP 50 PE Ratio - Live & 20-Year Historical Valuation
The NIFTY SMLCAP 50 PE ratio is 31.91 as of 1 Jul 2026, with a PB ratio of 3.52 and a dividend yield of 0.67%. On long-term valuations this is currently Highly Overvalued. The interactive heatmap below shows monthly PE, PB and dividend-yield for NIFTY SMLCAP 50 going back over two decades (2016-2026).
Valuation verdict
Above its long-term average
57th percentile vs its history · median PE 30.4
Earnings yield (1 ÷ PE)
3.13%
What the index "earns" relative to price
Current PE
31.91
vs all-time median 30.4
| Period | Low PE | Current | High PE |
|---|---|---|---|
| 1 Month | 31.9 | 31.9 | 31.9 |
| 3 Months | 30.2 | 31.9 | 31.9 |
| 6 Months | 24.3 | 31.9 | 31.9 |
| 1 Year | 24.3 | 31.9 | 32.4 |
| 3 Years | 22.1 | 31.9 | 35.4 |
| 5 Years | 16.2 | 31.9 | 37.7 |
| Max | 13.6 | 31.9 | 500.7 |
Monthly PE, PB and dividend yield since 2016 - free for research and citation, attribution appreciated.
Index PENIFTY SMLCAP 50
PE (TTM)31.91
PB Ratio3.52
Div Yield0.67%
Zone
Highly Overvalued
H: 500.7L: 13.6Avg: 40.6Med: 30.3
PE Ratio - Monthly Heatmap
Low
High
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 29.5 | 29.9 | 24.3 | 28.1 | 30.2 | 31.8 | 31.9 | - | - | - | - | - |
| 2025 | 25.7 | 22.1 | 30.0 | 30.9 | 33.1 | 35.4 | 33.4 | 32.4 | 29.1 | 30.6 | 32.3 | 31.9 |
| 2024 | 29.3 | 29.2 | 22.8 | 25.1 | 23.6 | 26.3 | 27.2 | 27.6 | 32.4 | 32.2 | 31.1 | 30.9 |
| 2023 | 20.1 | 19.8 | 16.2 | 17.1 | 18.8 | 19.4 | 22.8 | 24.5 | 25.4 | 23.9 | 26.4 | 28.8 |
| 2022 | 33.0 | 28.9 | 31.6 | 30.4 | 24.4 | 22.8 | 22.9 | 22.8 | 19.0 | 19.3 | 20.8 | 20.3 |
| 2021 | 37.5 | 40.4 | 64.4 | 82.8 | 70.6 | 60.5 | 34.7 | 37.7 | 29.3 | 33.2 | 31.6 | 33.5 |
| 2020 | 24.1 | 21.0 | 13.6 | 15.0 | 15.1 | 17.8 | 21.9 | 25.5 | 29.3 | 29.1 | 33.8 | 36.7 |
| 2019 | 50.6 | 60.9 | 23.1 | 22.2 | 21.4 | 16.3 | 14.8 | 14.1 | 22.9 | 23.7 | 23.6 | 22.7 |
| 2018 | 51.9 | 64.7 | 79.3 | 113.8 | 247.8 | 0.0 | 500.7 | 0.0 | 0.0 | 0.0 | 62.1 | 55.8 |
| 2017 | 71.2 | 52.5 | 56.4 | 61.8 | 43.4 | 41.6 | 43.2 | 47.4 | 37.4 | 41.6 | 54.6 | 57.8 |
| 2016 | - | - | - | 28.9 | 35.1 | 38.3 | 40.1 | 49.2 | 59.8 | 71.0 | 76.5 | 63.2 |
Undervalued
PE < 15
Fair Value
PE 15-20
Overvalued
PE 20-25
Expensive
PE > 25