Nifty Bank — P/E Ratio, Valuation & Returns

As of 16 October 2026, the Nifty Bank index is at 55,844.00, up 0.06% on the day. It trades at a P/E ratio of 13.21 — near the bottom of its 5-year range (12.6–26.5, average 16.3), i.e. cheap versus its own history at the 5th percentile. Price-to-book stands at 1.68 with a dividend yield of 1.12%. The index is 9.6% below its 52-week high of 61,764.85 and 11.8% above its 52-week low of 49,954.85. Over the last year it has lost 2.7%.

As of 16 Oct 2026, 17:16 IST NSE NSE Headline Daily history since Jan 2019 (1,923 sessions)

55,844.00

+0.06%

Day change

13.21

P/E ratio · 5th pctile

1.68

P/B ratio

1.12%

Dividend yield

📋 Nifty Bank — today's data

16 Oct 2026, 17:16 IST

Open / High / Low	55,927.15	55,989.55	55,526.30
Close / Prev. close / Change	55,844.00	55,810.51	+33.49 pts (+0.06%)
52-week high / low	61,764.85 (-9.6%)	49,954.85 (+11.8%)
High / low since 2019	61,550.80	16,917.65
Advances / Declines / Unchanged	8	6	0
Traded volume / turnover	572,328,313	₹10,151 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value

Ratio	Current	Avg	Range	Percentile
P/E ratio	13.21	16.29	12.56–26.48	5th
P/B ratio	1.68	2.48	1.62–3.24	1th
Dividend yield	1.12%	0.80%	0.30–1.26	98th

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

1W	1M	3M	6M	1Y	3Y	5Y
+1.1%	-0.8%	-4.6%	-1.3%	-2.7%	+25.7% +7.9% p.a.	+41.9% +7.3% p.a.

📉 Nifty Bank — index level history

🧮 P/E ratio history

avg 16.3 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.

❓ Nifty Bank — FAQ

What is the current P/E ratio of Nifty Bank?

As of 16 October 2026, the Nifty Bank P/E ratio is 13.21. Its 5-year average is 16.3, so the current multiple sits at the 5th percentile of its own history.

Is Nifty Bank overvalued right now?

On pure valuation-vs-history: the current P/E is at the 5th 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 Bank?

52-week high 61,764.85 and 52-week low 49,954.85; the index currently trades 9.6% 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.