indexPe

Nifty Chemicals PE Ratio

Slightly OvervaluedSectoralNSELast updated: 11 Sept 2026
Select Metric:
Current PE Ratio
44.35
1Y Median PE
40.83
vs 1Y Median
+8.62%

Valuation Percentile

Nifty Chemicals's PB is cheaper than 91% of the last year.

Not enough history for a 5Y percentile, showing 1Y instead.

As of 11 Sept 2026 · 1Y daily data (247 obs)

The Nifty Chemicals PE ratio is 44.35 as of 11 September 2026, about 9% above its 1-year median of 40.83, which places it in slightly overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
1 Year40.83+8.62%

Historical PE Ratio

Performance and risk

1Y total return
+2.51%
5Y total return (p.a.)
+7.47%
Volatility (1Y std dev)
17.39%
Beta vs Nifty 50 (1Y)
1.01

1-year holding windows since 2005 returned a median of +14.49% (best +173.36%, worst -60.62%).

View full performance and risk

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

Stocks in the Nifty Chemicals

The Nifty Chemicals contains 20 constituents.

Chemicals: 20
SymbolCompanyIndustryWeight(%)
PIDILITINDPidilite Industries Ltd.Chemicals14.05
SOLARINDSSolar Industries India Ltd.Chemicals13.16
SRFSRF Ltd.Chemicals9.99
NAVINFLUORNavin Fluorine International Ltd.Chemicals8.58
UPLUPL Ltd.Chemicals8.47
COROMANDELCoromandel International Ltd.Chemicals6.12
FLUOROCHEMGujarat Fluorochemicals Ltd.Chemicals5.32
PIINDPI Industries Ltd.Chemicals5.16
HSCLHimadri Speciality Chemical Ltd.Chemicals4.16
LINDEINDIALinde India Ltd.Chemicals3.61
AARTIINDAarti Industries Ltd.Chemicals
ATULAtul Ltd.Chemicals
BAYERCROPBayer Cropscience Ltd.Chemicals
CHAMBLFERTChambal Fertilizers & Chemicals Ltd.Chemicals
DEEPAKNTRDeepak Nitrite Ltd.Chemicals
EIDPARRYE.I.D. Parry (India) Ltd.Chemicals
GNFCGujarat Narmada Valley Fertilizers and Chemicals Ltd.Chemicals
PCBLPCBL Chemical Ltd.Chemicals
SUMICHEMSumitomo Chemical India Ltd.Chemicals
TATACHEMTata Chemicals Ltd.Chemicals

Constituent list as of 13 September 2026, sourced from NSE Indices. Weights as of 31 August 2026, from the NSE factsheet.

How this index works

Selection
The index is designed to reflect the behaviour and performance of stocks belonging to the Chemicals sector.
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 Chemicals; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Chemicals PE ratio?

As of 11 September 2026, the Nifty Chemicals PE ratio is 44.35. That is about 9% above its 1-year median of 40.83.

Is the Nifty Chemicals undervalued right now?

On a historical basis it screens as slightly overvalued. Its current PE of 44.35 sits above every median window: 1-year (40.83).

What is a normal PE ratio for the Nifty Chemicals?

Over the past one year its median PE has been 40.83, and over the past six months 46.28. Today's 44.35 is around the middle of that historical range.

How many stocks are in the Nifty Chemicals?

The Nifty Chemicals contains 20 stocks. By number of companies, its largest sectors are Chemicals (20 stocks).

What returns has the Nifty Chemicals delivered?

As of August 2026, the Nifty Chemicals total return (with dividends reinvested) is +2.51% over the past year and +7.47% 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 Chemicals?

Over the year to August 2026, the Nifty Chemicals had an annualized volatility (standard deviation of daily returns) of 17.39%. Its beta versus the Nifty 50 is 1.01, meaning it has moved roughly in line with the broad market.

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

Across every one-year holding window since 2005, the Nifty Chemicals total return has a median of +14.49%, with the best window at +173.36% and the worst at -60.62%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

How often is the Nifty Chemicals rebalanced?

The Nifty Chemicals 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: 11 September 2026.