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Market closed6 Nov close Nifty 5025,030.35+2.01% Sensex81,028.02+2.17% Bank Nifty59,086.00+2.27% Midcap 15022,271.15-0.09% Smallcap 25017,386.15-0.85% Nifty IT32,977.90+0.43% India VIX17.66+13.35%
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Nifty SME Emerge — P/E Ratio, Valuation & Returns

As of 06 November 2026, the Nifty SME Emerge index is at 14,667.65, down 0.95% on the day. It trades at a P/E ratio of 22.71 — near the bottom of its 5-year range (17.2–177.6, average 60.8), i.e. cheap versus its own history at the 10th percentile. Price-to-book stands at 3.22 with a dividend yield of 0.06%. The index is 6.3% below its 52-week high of 15,661.15 and 33.2% above its 52-week low of 11,015.55. Over the last year it has lost 4.5%.

As of 06 Nov 2026, 17:23 IST NSE NSE Thematic Daily history since Jan 2019 (1,937 sessions)
14,667.65
Close
-0.95%
Day change
22.71
P/E ratio · 10th pctile
3.22
P/B ratio
0.06%
Dividend yield

📋 Nifty SME Emerge — today's data

06 Nov 2026, 17:23 IST
Open / High / Low 14,754.6014,769.2514,644.20
Close / Prev. close / Change 14,667.6514,808.65 -141.00 pts (-0.95%)
52-week high / low 15,661.15 (-6.3%) 11,015.55 (+33.2%)
High / low since 2019 17,223.661,046.95

⚖️ Valuation vs own history

percentile = share of past sessions with a LOWER value
RatioCurrentAvgRangePercentile
P/E ratio 22.71 60.85 17.23–177.64 10th
P/B ratio 3.22 5.38 1.98–11.74 11th
Dividend yield 0.06% 0.14% 0.05–0.29 5th
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
+2.7% -3.8% +2.9% +3.6% -4.5% +44.6%
+13.1% p.a.		 +344.0%
+34.7% p.a.

📉 Nifty SME Emerge — index level history

🧮 P/E ratio history

avg 60.8 shown dashed

📚 P/B ratio history

💰 Dividend yield history

Compare with every other index on the index valuation dashboard.
❓ Nifty SME Emerge — FAQ
What is the current P/E ratio of Nifty SME Emerge?
As of 06 November 2026, the Nifty SME Emerge P/E ratio is 22.71. Its 5-year average is 60.8, so the current multiple sits at the 10th percentile of its own history.
Is Nifty SME Emerge overvalued right now?
On pure valuation-vs-history: the current P/E is at the 10th percentile of the last 5 years — cheap versus its own history. Valuation alone doesn't time markets; earnings growth and rates matter as much.
What are the 52-week high and low of Nifty SME Emerge?
52-week high 15,661.15 and 52-week low 11,015.55; the index currently trades 6.3% 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.

⚠️ 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