Nifty 50 — P/E Ratio, Valuation & Returns

As of 16 October 2026, the Nifty 50 index is at 23,146.15, up 0.65% on the day. It trades at a P/E ratio of 19.77 — near the bottom of its 5-year range (18.9–28.2, average 21.9), i.e. cheap versus its own history at the 4th percentile. Price-to-book stands at 2.84 with a dividend yield of 1.49%. The index is 12.2% below its 52-week high of 26,373.20 and 4.4% above its 52-week low of 22,179.90. Over the last year it has lost 9.5%.

As of 16 Oct 2026, 17:16 IST NSE NSE Headline Daily history since Jan 2019 (1,923 sessions)
23,146.15
Close
+0.65%
Day change
19.77
P/E ratio · 4th pctile
2.84
P/B ratio
1.49%
Dividend yield

📋 Nifty 50 — today's data

16 Oct 2026, 17:16 IST
Open / High / Low 23,065.1023,149.8522,913.80
Close / Prev. close / Change 23,146.1522,996.67 +149.48 pts (+0.65%)
52-week high / low 26,373.20 (-12.2%) 22,179.90 (+4.4%)
High / low since 2019 26,328.557,610.25
Advances / Declines / Unchanged 26 24 0
Traded volume / turnover 391,557,143 ₹38,622 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value
RatioCurrentAvgRangePercentile
P/E ratio 19.77 21.90 18.92–28.17 4th
P/B ratio 2.84 3.83 2.73–4.88 2th
Dividend yield 1.49% 1.29% 1.04–1.53 99th
A high P/E percentile means the index is expensive versus its own past; for dividend yield it is the opposite — a high percentile means a fatter yield than usual.

📈 Returns

close-to-close; 3Y/5Y also annualised
1W1M3M6M1Y3Y5Y
+2.8% -0.3% -4.9% -5.0% -9.5% +16.8%
+5.3% p.a.
+26.2%
+4.8% p.a.

📉 Nifty 50 — index level history

🧮 P/E ratio history

avg 21.9 shown dashed

📚 P/B ratio history

💰 Dividend yield history

See which stocks are moving this index on the Nifty 50 contribution heatmap. Monthly & quarterly patterns: Nifty 50 seasonality. Compare with every other index on the index valuation dashboard.
❓ Nifty 50 — FAQ
What is the current P/E ratio of Nifty 50?
As of 16 October 2026, the Nifty 50 P/E ratio is 19.77. Its 5-year average is 21.9, so the current multiple sits at the 4th percentile of its own history.
Is Nifty 50 overvalued right now?
On pure valuation-vs-history: the current P/E is at the 4th percentile of the last 5 years — cheap versus its own history. Valuation alone doesn't time markets; earnings growth and rates matter as much.
What are the 52-week high and low of Nifty 50?
52-week high 26,373.20 and 52-week low 22,179.90; the index currently trades 12.2% below that high.
Where does this data come from?
NSE's official published index data: a live snapshot on trading days (~11:15 and ~17:15 IST) plus NSE's end-of-day index archives, which we store daily back to 2019 to build the history charts. This is market data for research, not investment advice.

Source & methodology: all figures are NSE's official published index data — a live snapshot on trading days plus NSE's end-of-day index archives, stored daily since 2019. Index P/E, P/B and dividend yield are the exchange's aggregate constituent ratios. Returns are close-to-close and not total-return (dividends excluded). Educational market data, not investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI