Nifty Auto PE Ratio
Valuation Percentile
Nifty Auto's PB is cheaper than 100% of the last 5 years.
The Nifty Auto PE ratio is 29.50 as of 1 October 2026, about 0% below its 5-year median of 29.62, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 30.58 | -3.53% |
| 15 Years | 30.84 | -4.35% |
| 10 Years | 31.46 | -6.23% |
| 7 Years | 30.42 | -3.02% |
| 5 Years | 29.62 | -0.41% |
| 3 Years | 25.73 | +14.65% |
| 1 Year | 30.54 | -3.41% |
Historical PE Ratio
Series start. P/E is published from 12 Jul 2011. Index values go back to 1 Jan 2004.
Earnings
Index earnings are the profits behind the index level: the closing value divided by the P/E ratio, in index points. The line moves in steps because it changes only when trailing four-quarter profits are updated or the constituents change. Compare it with price to see whether a move came from earnings or from a change in what investors pay for them.
Nifty Auto earnings grew +36.49% a year over the last 5 years, while the index moved +19.09% a year and its P/E went from 58.3 to 29.5.
Earnings growth is annualised from the last trading day at or before the start of each window to 1 Oct 2026. Price growth uses the index level over the same two dates, excluding dividends. EPS is undefined on days with no published P/E, so those days are skipped. Past growth, not a forecast.
Ways to invest in Nifty Auto
2 ETFs and 4 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (2)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| Nippon India Nifty Auto ETF | AUTOBEES | 265 | - | - | -4.22% |
| ICICI Prudential Nifty Auto ETF | AUTOIETF | 26.9 | - | - | -3.63% |
Index funds (4)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| ICICI Prudential Nifty Auto Index Fund | ICICI Prudential Asset Management Company Limited | 20.531 Oct 2026 | 2022 |
| Tata Nifty Auto Index Fund | Tata Asset Management Private Limited | 11.591 Oct 2026 | 2024 |
| Nippon India Nifty Auto Index Fund | Nippon Life India Asset Management Limited | 10.91 Oct 2026 | 2024 |
| HDFC Nifty Auto Index Fund | HDFC Asset Management Company Limited | 9.31 Oct 2026 | 2026 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
1-year holding windows since 2011 returned a median of +16.92% (best +121.61%, worst -45.85%).
Today's PE of 29.50 sits in band 3 of 5 of this index's history (PE 26.2 to 34.1). From this band, 5-year forward returns had a median of +7.88% a year and were positive in 99% of windows (329 windows since 2011).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty Auto. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Auto
The Nifty Auto contains 15 constituents. Its largest sectors by number of companies are Automobile and Auto Components (14) and Capital Goods (1).
Recent changes
4 October 2026: Added Hyundai Motor India Ltd.. Removed Exide Industries Ltd..
Constituent list as of 4 October 2026, sourced from NSE Indices. Weights as of 30 September 2026, from the NSE factsheet.
How this index works
- Selection
- The index is designed to reflect the behaviour and performance of the Automobiles sector which includes manufacturers of cars & motorcycles, heavy vehicles, auto ancillaries, tyres, etc.
- Rebalanced
- Semi-annually. The review of sectoral indices is undertaken semi-annually based on data for six months ending January and July.
- Weight cap
- For all other sectoral indices, the weight of each stock is capped at 33% and the weight of top 3 stocks is capped at 62%
Summarised from NSE's official methodology document (PDF) for the Nifty Auto; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty Auto PE ratio?
As of 1 October 2026, the Nifty Auto PE ratio is 29.50. That is about 0% below its 5-year median of 29.62 and about 3% below its 1-year median of 30.54.
Is the Nifty Auto undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 29.50 compares with its historical medians: 1-year (30.54), 3-year (25.73), 5-year (29.62), 7-year (30.42), 10-year (31.46), 15-year (30.84) and full-history (30.58).
What is a normal PE ratio for the Nifty Auto?
Over the past five years its median PE has been 29.62, and over the past three years 25.73. Today's 29.50 is around the middle of that historical range.
How many stocks are in the Nifty Auto?
The Nifty Auto contains 15 stocks. By number of companies, its largest sectors are Automobile and Auto Components (14 stocks) and Capital Goods (1 stock).
What returns has the Nifty Auto delivered?
As of September 2026, the Nifty Auto total return (with dividends reinvested) is +0.12% over the past year and +21.04% annualized over the past five years. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.
How volatile is the Nifty Auto?
Over the year to September 2026, the Nifty Auto had an annualized volatility (standard deviation of daily returns) of 20.64%. Its beta versus the Nifty 50 is 1.27, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty Auto?
Across every one-year holding window since 2011, the Nifty Auto total return has a median of +16.92%, with the best window at +121.61% and the worst at -45.85%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
What have 5-year returns been from PE levels like today's?
The Nifty Auto currently trades at a PE of 29.50, in band 3 of 5 of its own PE history. Across 329 overlapping 5-year windows since 2011 that began in this band, the median forward return was +7.88% a year, positive in 99% of windows. A past distribution, not a prediction.
How fast have Nifty Auto earnings grown?
Nifty Auto earnings, measured as the index level divided by its P/E, grew +36.49% a year over the last 5 years, while the index itself moved +19.09% a year and its P/E fell from 58.32 to 29.50. Past growth, not a forecast.
How often is the Nifty Auto rebalanced?
The Nifty Auto is rebalanced semi-annually. The review of sectoral indices is undertaken semi-annually based on data for six months ending January and July. Details are in the official NSE methodology document.
Last updated: 1 October 2026.