Nifty Midcap 150 — P/E Ratio, Valuation & Returns

As of 16 October 2026, the Nifty Midcap 150 index is at 21,736.75, down 0.09% on the day. It trades at a P/E ratio of 28.12 — in the middle of its 5-year range (21.6–45.8, average 30.9), i.e. close to its historical norm at the 43th percentile. Price-to-book stands at 3.81 with a dividend yield of 0.97%. The index is 8.1% below its 52-week high of 23,647.50 and 13.1% above its 52-week low of 19,218.00. Over the last year it has lost 0.7%.

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

21,736.75

-0.09%

Day change

28.12

P/E ratio · 43th pctile

3.81

P/B ratio

0.97%

Dividend yield

📋 Nifty Midcap 150 — today's data

16 Oct 2026, 17:16 IST

Open / High / Low	21,782.85	21,790.50	21,609.90
Close / Prev. close / Change	21,736.75	21,756.33	-19.58 pts (-0.09%)
52-week high / low	23,647.50 (-8.1%)	19,218.00 (+13.1%)
High / low since 2019	23,539.35	4,165.90
Advances / Declines / Unchanged	72	78	0
Traded volume / turnover	816,701,110	₹20,278 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value

Ratio	Current	Avg	Range	Percentile
P/E ratio	28.12	30.94	21.59–45.80	43th
P/B ratio	3.81	4.29	2.81–5.91	32th
Dividend yield	0.97%	0.90%	0.58–1.28	65th

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
+0.6%	-2.8%	-5.4%	-1.4%	-0.7%	+42.7% +12.6% p.a.	+79.7% +12.4% p.a.

📉 Nifty Midcap 150 — index level history

🧮 P/E ratio history

avg 30.9 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.

❓ Nifty Midcap 150 — FAQ

What is the current P/E ratio of Nifty Midcap 150?

As of 16 October 2026, the Nifty Midcap 150 P/E ratio is 28.12. Its 5-year average is 30.9, so the current multiple sits at the 43th percentile of its own history.

Is Nifty Midcap 150 overvalued right now?

On pure valuation-vs-history: the current P/E is at the 43th 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 Midcap 150?

52-week high 23,647.50 and 52-week low 19,218.00; the index currently trades 8.1% 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.