Data to 5 October 2026

Is the market expensive?

Nifty 500 P/E

21.7
times earnings, 5 Oct 2026

Inside its usual range of 14.5 to 23.5. The record is 38.6, in January 2021. Down from 24.1 a year ago.

20002010202010.030.040.038.6, Jan 2021usual range, 14.5 to 23.521.720002005201020152020202510.030.040.038.6, Jan 2021usual range, 14.5 to 23.521.720002005201020152020202510.020.030.040.038.6, Jan 20217.7, Oct 2008usual range, 14.5 to 23.521.720002005201020152020202510.030.040.038.6, Jan 20217.7, Oct 2008usual range, 14.5 to 23.521.7

What it is. What investors pay for each rupee of profit across the 500 largest listed companies.

How to read it. The broad market's P/E. When it runs well above the Nifty 50's, mid and small companies are being priced more richly than the giants.

Source: NSE Indices published PE, PB and dividend yield Method Data

The numbers

Latest21.75 Oct 2026
A week ago21.5
A month ago22.5
A year ago24.1
Usual range14.5 to 23.5
Median17.8
Lowest7.727 Oct 2008
Highest38.614 Jan 2021
Percentile, full history65
Percentile, last 5 years11

The usual range is the middle half of readings since 1999. A percentile is the share of the 6,902 readings since 1 Jan 1999 that were below today's. Data: statistics, history (JSON); history as CSV.

To cite: tipsheet, “Nifty 500 P/E”, data to 5 Oct 2026, https://tipsheet.markets/i/nifty-500-pe/

Read it with

Nifty 50 CAPE 25.5usual
Nifty 500 CAPE 31.2above usual
Nifty 50 P/E 19.3usual

the usual range: the middle half of all readingstodayEach line runs from the lowest reading ever to the highest.