Nifty Midsmall Financial Services — P/E Ratio, Valuation & Returns

As of 06 November 2026, the Nifty Midsmall Financial Services index is at 21,403.45, up 0.64% on the day. It trades at a P/E ratio of 18.56 — in the lower part of its 5-year range (9.4–32.7, average 19.9), i.e. somewhat below its historical norm at the 40th percentile. Price-to-book stands at 2.57 with a dividend yield of 0.93%. The index is 7.7% below its 52-week high of 23,193.65 and 18.8% above its 52-week low of 18,013.20. Over the last year it has gained 9.0%.

As of 06 Nov 2026, 17:23 IST NSE NSE Sectoral Daily history since Aug 2022 (1,048 sessions)

21,403.45

+0.64%

Day change

18.56

P/E ratio · 40th pctile

2.57

P/B ratio

0.93%

Dividend yield

📋 Nifty Midsmall Financial Services — today's data

06 Nov 2026, 17:23 IST

Open / High / Low	21,137.60	21,403.45	20,917.05
Close / Prev. close / Change	21,403.45	21,268.10	+135.35 pts (+0.64%)
52-week high / low	23,193.65 (-7.7%)	18,013.20 (+18.8%)
High / low since 2022	23,050.65	7,414.05
Advances / Declines / Unchanged	16	13	1

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value

Ratio	Current	Avg	Range	Percentile
P/E ratio	18.56	19.90	9.40–32.71	40th
P/B ratio	2.57	2.47	1.33–3.42	43th
Dividend yield	0.93%	1.01%	0.36–2.18	60th

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
+7.4%	+1.6%	-4.0%	-3.9%	+9.0%	+87.2% +23.3% p.a.

📉 Nifty Midsmall Financial Services — index level history

🧮 P/E ratio history

avg 19.9 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.

❓ Nifty Midsmall Financial Services — FAQ

What is the current P/E ratio of Nifty Midsmall Financial Services?

As of 06 November 2026, the Nifty Midsmall Financial Services P/E ratio is 18.56. Its 5-year average is 19.9, so the current multiple sits at the 40th percentile of its own history.

Is Nifty Midsmall Financial Services overvalued right now?

On pure valuation-vs-history: the current P/E is at the 40th 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 Midsmall Financial Services?

52-week high 23,193.65 and 52-week low 18,013.20; the index currently trades 7.7% below that high.

Where does this data come from?

NSE's official published index data, with history back to 2019 for the charts. This is market data for research, not investment advice.

Source & methodology: all figures are NSE's official published index data — live levels while the market is open, and end-of-day history 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.