Nifty Metal — P/E Ratio, Valuation & Returns

As of 16 October 2026, the Nifty Metal index is at 12,133.20, up 0.95% on the day. It trades at a P/E ratio of 15.91 — in the lower part of its 5-year range (4.8–35.7, average 18.3), i.e. somewhat below its historical norm at the 34th percentile. Price-to-book stands at 2.58 with a dividend yield of 1.75%. The index is 12.9% below its 52-week high of 13,931.35 and 21.7% above its 52-week low of 9,968.40. Over the last year it has gained 17.9%.

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

12,133.20

+0.95%

Day change

15.91

P/E ratio · 34th pctile

2.58

P/B ratio

1.75%

Dividend yield

📋 Nifty Metal — today's data

16 Oct 2026, 17:16 IST

Open / High / Low	12,057.15	12,197.85	11,995.05
Close / Prev. close / Change	12,133.20	12,019.02	+114.18 pts (+0.95%)
52-week high / low	13,931.35 (-12.9%)	9,968.40 (+21.7%)
High / low since 2019	13,718.30	1,496.45
Advances / Declines / Unchanged	13	2	0
Traded volume / turnover	99,164,775	₹3,024 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value

Ratio	Current	Avg	Range	Percentile
P/E ratio	15.91	18.33	4.75–35.74	34th
P/B ratio	2.58	2.44	1.63–3.60	58th
Dividend yield	1.75%	2.80%	1.24–5.94	25th

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%	-4.8%	-2.4%	-5.8%	+17.9%	+75.8% +20.7% p.a.	+101.6% +15.1% p.a.

📉 Nifty Metal — index level history

🧮 P/E ratio history

avg 18.3 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.

❓ Nifty Metal — FAQ

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

As of 16 October 2026, the Nifty Metal P/E ratio is 15.91. Its 5-year average is 18.3, so the current multiple sits at the 34th percentile of its own history.

Is Nifty Metal overvalued right now?

On pure valuation-vs-history: the current P/E is at the 34th percentile of the last 5 years — somewhat below 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 Metal?

52-week high 13,931.35 and 52-week low 9,968.40; the index currently trades 12.9% 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.