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

As of 16 October 2026, the Nifty Midcap Select index is at 13,717.40, down 0.04% on the day. It trades at a P/E ratio of 28.93 — in the lower part of its 5-year range (17.6–67.4, average 36.9), i.e. somewhat below its historical norm at the 27th percentile. Price-to-book stands at 4.11 with a dividend yield of 0.78%. The index is 9.1% below its 52-week high of 15,089.75 and 13.9% above its 52-week low of 12,046.20. Over the last year it has gained 3.4%.

As of 16 Oct 2026, 17:16 IST NSE NSE Headline Daily history since Sep 2021 (1,256 sessions)

13,717.40

-0.04%

Day change

28.93

P/E ratio · 27th pctile

4.11

P/B ratio

0.78%

Dividend yield

📋 Nifty Midcap Select — today's data

16 Oct 2026, 17:16 IST

Open / High / Low	13,715.30	13,748.30	13,596.85
Close / Prev. close / Change	13,717.40	13,722.89	-5.49 pts (-0.04%)
52-week high / low	15,089.75 (-9.1%)	12,046.20 (+13.9%)
High / low since 2021	15,078.15	6,116.65
Advances / Declines / Unchanged	12	13	0
Traded volume / turnover	533,887,979	₹8,729 cr

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value

Ratio	Current	Avg	Range	Percentile
P/E ratio	28.93	36.93	17.55–67.39	27th
P/B ratio	4.11	4.85	2.77–9.03	39th
Dividend yield	0.78%	0.80%	0.48–1.22	36th

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
+0.9%	-4.0%	-6.8%	-0.9%	+3.4%	+49.5% +14.3% p.a.	+72.9% +11.6% p.a.

📉 Nifty Midcap Select — index level history

🧮 P/E ratio history

avg 36.9 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.

❓ Nifty Midcap Select — FAQ

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

As of 16 October 2026, the Nifty Midcap Select P/E ratio is 28.93. Its 5-year average is 36.9, so the current multiple sits at the 27th percentile of its own history.

Is Nifty Midcap Select overvalued right now?

On pure valuation-vs-history: the current P/E is at the 27th 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 Midcap Select?

52-week high 15,089.75 and 52-week low 12,046.20; the index currently trades 9.1% 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.