Nifty Auto PE Ratio
Valuation Percentile
Nifty Auto's PB is cheaper than 87% of the last 5 years.
The Nifty Auto PE ratio is 34.04 as of 20 August 2026, about 15% above its 5-year median of 29.65, which places it in slightly overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 30.41 | +11.94% |
| 15 Years | 30.62 | +11.17% |
| 10 Years | 31.57 | +7.82% |
| 7 Years | 30.11 | +13.07% |
| 5 Years | 29.65 | +14.83% |
| 3 Years | 25.51 | +33.44% |
| 1 Year | 30.12 | +13.03% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2004 returned a median of +17.30% (best +234.21%, worst -58.61%).
Today's PE of 32.43 sits in band 3 of 5 of this index's history (PE 26.1 to 34.1). From this band, 5-year forward returns had a median of +7.77% a year and were positive in 99% of windows (340 windows since 2011).
View full performance and risk
Returns as of July 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).
Constituent list as of 16 August 2026, sourced from NSE Indices. Weights as of 31 July 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 20 August 2026, the Nifty Auto PE ratio is 34.04. That is about 15% above its 5-year median of 29.65 and about 13% above its 1-year median of 30.12.
Is the Nifty Auto undervalued right now?
On a historical basis it screens as slightly overvalued. Its current PE of 34.04 sits above every median window: 1-year (30.12), 3-year (25.51), 5-year (29.65), 7-year (30.11), 10-year (31.57), 15-year (30.62) and full-history (30.41).
What is a normal PE ratio for the Nifty Auto?
Over the past five years its median PE has been 29.65, and over the past three years 25.51. Today's 34.04 is toward the upper end 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 July 2026, the Nifty Auto total return (with dividends reinvested) is +23.01% over the past year and +24.55% 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 July 2026, the Nifty Auto had an annualized volatility (standard deviation of daily returns) of 21.35%. Its beta versus the Nifty 50 is 1.31, 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 2004, the Nifty Auto total return has a median of +17.30%, with the best window at +234.21% and the worst at -58.61%. 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 32.43, in band 3 of 5 of its own PE history. Across 340 overlapping 5-year windows since 2011 that began in this band, the median forward return was +7.77% a year, positive in 99% of windows. A past distribution, not a prediction.
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: 20 August 2026.