indexPe

Nifty Cement PE Ratio

Fairly ValuedOtherNSELast updated: 20 Aug 2026
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Current PE Ratio
27.24
6M Median PE
28.82
vs 6M Median
-5.48%

Valuation Percentile

Not enough history yet for a percentile.

The Nifty Cement PE ratio is 27.24 as of 20 August 2026, about 5% below its 6-month median of 28.82, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
6 Months28.82-5.48%
3 Months28.66-4.95%

Historical PE Ratio

Performance and risk

1Y total return
-13.40%
5Y total return (p.a.)
+4.25%
Volatility (1Y std dev)
19.29%
Beta vs Nifty 50 (1Y)
1.18

1-year holding windows since 2005 returned a median of +12.54% (best +170.07%, worst -73.15%).

View full performance and risk

Returns as of July 2026, from the NSE factsheet for the Nifty Cement. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Cement

The Nifty Cement contains 16 constituents.

Construction Materials: 16
SymbolCompanyIndustryWeight(%)
ULTRACEMCOUltraTech Cement Ltd.Construction Materials15.52
SHREECEMShree Cement Ltd.Construction Materials14.89
GRASIMGrasim Industries Ltd.Construction Materials14.77
AMBUJACEMAmbuja Cements Ltd.Construction Materials14.27
JKCEMENTJ.K. Cement Ltd.Construction Materials12.06
DALBHARATDalmia Bharat Ltd.Construction Materials7.58
RAMCOCEMThe Ramco Cements Ltd.Construction Materials6.15
ACCACC Ltd.Construction Materials4.31
JKLAKSHMIJK Lakshmi Cement Ltd.Construction Materials2.01
JSWCEMENTJSW Cement Ltd.Construction Materials1.88
NUVOCONuvoco Vistas Corporation Ltd.Construction Materials
INDIACEMIndia Cements Ltd.Construction Materials
STARCEMENTStar Cement Ltd.Construction Materials
BIRLACORPNBirla Corporation Ltd.Construction Materials
PRSMJOHNSNPrism Johnson Ltd.Construction Materials
ORIENTCEMOrient Cement Ltd.Construction Materials

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 aims to track the performance of stocks from the Nifty Total Market Index belonging to the ‘Cement & Cement products’ basic industry. A maximum of 20 stocks are selected based on 6-month average free float market capitalization from the Nifty Total Market.
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 Cement; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Cement PE ratio?

As of 20 August 2026, the Nifty Cement PE ratio is 27.24. That is about 5% below its 6-month median of 28.82.

What is a normal PE ratio for the Nifty Cement?

Over the past six months its median PE has been 28.82, and over the past three months 28.66. Today's 27.24 is toward the lower end of that historical range.

How many stocks are in the Nifty Cement?

The Nifty Cement contains 16 stocks. By number of companies, its largest sectors are Construction Materials (16 stocks).

What returns has the Nifty Cement delivered?

As of July 2026, the Nifty Cement total return (with dividends reinvested) is -13.40% over the past year and +4.25% 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 Cement?

Over the year to July 2026, the Nifty Cement had an annualized volatility (standard deviation of daily returns) of 19.29%. Its beta versus the Nifty 50 is 1.18, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty Cement?

Across every one-year holding window since 2005, the Nifty Cement total return has a median of +12.54%, with the best window at +170.07% and the worst at -73.15%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

How often is the Nifty Cement rebalanced?

The Nifty Cement 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.