Nifty IT — P/E Ratio, Valuation & Returns

As of 16 October 2026, the Nifty IT index is at 31,924.10, up 3.92% on the day. It trades at a P/E ratio of 19.75 — near the bottom of its 5-year range (16.9–39.6, average 27.8), i.e. cheap versus its own history at the 7th percentile. Price-to-book stands at 5.59 with a dividend yield of 3.66%. The index is 20.8% below its 52-week high of 40,301.40 and 24.2% above its 52-week low of 25,699.10. Over the last year it has lost 10.2%.

As of 16 Oct 2026, 17:16 IST NSE NSE Sectoral Daily history since Jan 2019 (1,923 sessions)
31,924.10
Close
+3.92%
Day change
19.75
P/E ratio · 7th pctile
5.59
P/B ratio
3.66%
Dividend yield

📋 Nifty IT — today's data

16 Oct 2026, 17:16 IST
Open / High / Low 30,983.1532,015.6530,904.10
Close / Prev. close / Change 31,924.1030,719.88 +1204.22 pts (+3.92%)
52-week high / low 40,301.40 (-20.8%) 25,699.10 (+24.2%)
High / low since 2019 45,995.8011,179.60
Advances / Declines / Unchanged 9 1 0
Traded volume / turnover 145,779,492 ₹14,285 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value
RatioCurrentAvgRangePercentile
P/E ratio 19.75 27.77 16.91–39.58 7th
P/B ratio 5.59 7.87 4.62–12.14 11th
Dividend yield 3.66% 2.42% 1.27–3.99 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
1W1M3M6M1Y3Y5Y
+11.7% +9.8% +9.2% +0.4% -10.2% +0.4%
+0.1% p.a.
-10.7%
-2.2% p.a.

📉 Nifty IT — index level history

🧮 P/E ratio history

avg 27.8 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.
❓ Nifty IT — FAQ
What is the current P/E ratio of Nifty IT?
As of 16 October 2026, the Nifty IT P/E ratio is 19.75. Its 5-year average is 27.8, so the current multiple sits at the 7th percentile of its own history.
Is Nifty IT overvalued right now?
On pure valuation-vs-history: the current P/E is at the 7th 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 IT?
52-week high 40,301.40 and 52-week low 25,699.10; the index currently trades 20.8% 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