Nifty India Defence — P/E Ratio, Valuation & Returns

As of 16 October 2026, the Nifty India Defence index is at 9,210.60, up 0.16% on the day. It trades at a P/E ratio of 57.38 — near the top of its 5-year range (18.9–73.4, average 43.2), i.e. expensive versus its own history at the 86th percentile. Price-to-book stands at 10.80 with a dividend yield of 0.50%. The index is 8.5% below its 52-week high of 10,067.20 and 28.2% above its 52-week low of 7,184.90. Over the last year it has gained 13.6%.

As of 16 Oct 2026, 17:16 IST NSE NSE Thematic Daily history since Jan 2022 (1,169 sessions)
9,210.60
Close
+0.16%
Day change
57.38
P/E ratio · 86th pctile
10.80
P/B ratio
0.50%
Dividend yield

📋 Nifty India Defence — today's data

16 Oct 2026, 17:16 IST
Open / High / Low 9,205.609,244.309,157.45
Close / Prev. close / Change 9,210.609,195.89 +14.71 pts (+0.16%)
52-week high / low 10,067.20 (-8.5%) 7,184.90 (+28.2%)
High / low since 2022 9,998.701,217.29
Advances / Declines / Unchanged 15 7 0
Traded volume / turnover 32,103,306 ₹2,692 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value
RatioCurrentAvgRangePercentile
P/E ratio 57.38 43.16 18.85–73.36 86th
P/B ratio 10.80 9.75 3.44–19.82 56th
Dividend yield 0.50% 0.78% 0.34–2.02 18th
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
1W1M3M6M1Y3Y
+2.3% +0.9% -1.4% +4.5% +13.6% +177.2%
+40.5% p.a.

📉 Nifty India Defence — index level history

🧮 P/E ratio history

avg 43.2 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.
❓ Nifty India Defence — FAQ
What is the current P/E ratio of Nifty India Defence?
As of 16 October 2026, the Nifty India Defence P/E ratio is 57.38. Its 5-year average is 43.2, so the current multiple sits at the 86th percentile of its own history.
Is Nifty India Defence overvalued right now?
On pure valuation-vs-history: the current P/E is at the 86th percentile of the last 5 years — expensive 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 India Defence?
52-week high 10,067.20 and 52-week low 7,184.90; the index currently trades 8.5% 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