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

As of 16 October 2026, the Nifty India Manufacturing index is at 15,174.10, up 0.35% on the day. It trades at a P/E ratio of 26.74 — in the middle of its 5-year range (15.9–34.4, average 25.6), i.e. close to its historical norm at the 48th percentile. Price-to-book stands at 3.84 with a dividend yield of 0.98%. The index is 8.9% below its 52-week high of 16,662.45 and 8.1% above its 52-week low of 14,032.55. Over the last year it has gained 0.6%.

As of 16 Oct 2026, 17:16 IST NSE NSE Thematic Daily history since Aug 2021 (1,275 sessions)
15,174.10
Close
+0.35%
Day change
26.74
P/E ratio · 48th pctile
3.84
P/B ratio
0.98%
Dividend yield

📋 Nifty India Manufacturing — today's data

16 Oct 2026, 17:16 IST
Open / High / Low 15,146.0015,212.1015,034.35
Close / Prev. close / Change 15,174.1015,121.18 +52.92 pts (+0.35%)
52-week high / low 16,662.45 (-8.9%) 14,032.55 (+8.1%)
High / low since 2021 16,662.456,975.80
Advances / Declines / Unchanged 37 40 0
Traded volume / turnover 263,334,403 ₹16,819 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value
RatioCurrentAvgRangePercentile
P/E ratio 26.74 25.65 15.94–34.36 48th
P/B ratio 3.84 4.24 3.52–5.56 14th
Dividend yield 0.98% 1.31% 0.82–2.23 10th
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
+1.5% -2.8% -4.7% -2.6% +0.6% +53.7%
+15.4% p.a.		 +79.7%
+12.4% p.a.

📉 Nifty India Manufacturing — index level history

🧮 P/E ratio history

avg 25.6 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.
❓ Nifty India Manufacturing — FAQ
What is the current P/E ratio of Nifty India Manufacturing?
As of 16 October 2026, the Nifty India Manufacturing P/E ratio is 26.74. Its 5-year average is 25.6, so the current multiple sits at the 48th percentile of its own history.
Is Nifty India Manufacturing overvalued right now?
On pure valuation-vs-history: the current P/E is at the 48th percentile of the last 5 years — close to its historical norm. Valuation alone doesn't time markets; earnings growth and rates matter as much.
What are the 52-week high and low of Nifty India Manufacturing?
52-week high 16,662.45 and 52-week low 14,032.55; the index currently trades 8.9% 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