Nifty Cement PE Ratio
Valuation Percentile
Not enough history yet for a percentile.
The Nifty Cement PE ratio is 25.53 as of 1 October 2026, about 11% below its 6-month median of 28.61, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 6 Months | 28.61 | -10.77% |
| 3 Months | 27.54 | -7.30% |
Historical PE Ratio
Series start. P/E is published from 16 Feb 2026. Index values go back to 1 Apr 2005.
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.
Earnings growth is annualised from the last trading day at or before the start of each window. 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 Cement
1 ETF and 0 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (1)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| Groww Nifty Cements ETF | CEMNTGROWW | 13.6 | - | - | - |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
View full performance and risk
Returns as of September 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.
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 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 1 October 2026, the Nifty Cement PE ratio is 25.53. That is about 11% below its 6-month median of 28.61.
What is a normal PE ratio for the Nifty Cement?
Over the past six months its median PE has been 28.61, and over the past three months 27.54. Today's 25.53 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 September 2026, the Nifty Cement total return (with dividends reinvested) is -18.17% over the past year and +2.75% 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 September 2026, the Nifty Cement had an annualized volatility (standard deviation of daily returns) of 19.68%. Its beta versus the Nifty 50 is 1.18, meaning it has moved more than the broad market.
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: 1 October 2026.