Flash Finance

Nifty Midcap 50 — P/E Ratio, Valuation & Returns

As of 16 October 2026, the Nifty Midcap 50 index is at 16,946.30, down 0.06% on the day. It trades at a P/E ratio of 29.92 — in the middle of its 5-year range (17.7–51.2, average 30.9), i.e. close to its historical norm at the 48th percentile. Price-to-book stands at 3.67 with a dividend yield of 0.90%. The index is 8.4% below its 52-week high of 18,500.95 and 14.5% above its 52-week low of 14,804.55. Over the last year it has gained 1.1%.

As of 16 Oct 2026, 17:16 IST NSE NSE Broad Market Daily history since Jan 2019 (1,923 sessions)
16,946.30
Close
-0.06%
Day change
29.92
P/E ratio · 48th pctile
3.67
P/B ratio
0.90%
Dividend yield

📋 Nifty Midcap 50 — today's data

16 Oct 2026, 17:16 IST
Open / High / Low 16,960.8016,993.7016,821.30
Close / Prev. close / Change 16,946.3016,956.47 -10.17 pts (-0.06%)
52-week high / low 18,500.95 (-8.4%) 14,804.55 (+14.5%)
High / low since 2019 18,491.452,905.15
Advances / Declines / Unchanged 22 28 0
Traded volume / turnover 613,789,232 ₹11,411 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value
RatioCurrentAvgRangePercentile
P/E ratio 29.92 30.94 17.73–51.16 48th
P/B ratio 3.67 4.01 2.34–6.21 47th
Dividend yield 0.90% 1.01% 0.50–1.73 51th
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
+1.0% -3.5% -5.5% -0.4% +1.1% +45.2%
+13.2% p.a.		 +89.6%
+13.7% p.a.

📉 Nifty Midcap 50 — 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 50 — FAQ
What is the current P/E ratio of Nifty Midcap 50?
As of 16 October 2026, the Nifty Midcap 50 P/E ratio is 29.92. Its 5-year average is 30.9, so the current multiple sits at the 48th percentile of its own history.
Is Nifty Midcap 50 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 Midcap 50?
52-week high 18,500.95 and 52-week low 14,804.55; the index currently trades 8.4% 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