Nifty Chemicals PE Ratio
Valuation Percentile
Nifty Chemicals's PB is cheaper than 100% of the last year.
Not enough history for a 5Y percentile, showing 1Y instead.
The Nifty Chemicals PE ratio is 41.86 as of 1 October 2026, about 2% below its 1-year median of 42.60, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 1 Year | 42.60 | -1.75% |
Historical PE Ratio
Series start. P/E is published from 10 Mar 2025. 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.
Nifty Chemicals earnings grew +1.47% a year over the last 1 year, while the index moved -3.40% a year and its P/E went from 44.0 to 41.9.
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 Chemicals
2 ETFs and 1 index fund track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (2)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| Kotak Nifty Chemicals ETF | CHEMICAL | 28.49 | - | - | - |
| Groww Nifty Chemicals ETF | GROWWCHEM | 28.39 | - | - | - |
Index funds (1)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| Invesco India Nifty Chemical Index Fund | Invesco Asset Management (India) Private Limited | - | 2026 |
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 Chemicals. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Chemicals
The Nifty Chemicals contains 20 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 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 1 October 2026, the Nifty Chemicals PE ratio is 41.86. That is about 2% below its 1-year median of 42.60.
Is the Nifty Chemicals undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 41.86 sits below every median window: 1-year (42.60).
What is a normal PE ratio for the Nifty Chemicals?
Over the past one year its median PE has been 42.60, and over the past six months 46.28. Today's 41.86 is toward the lower end 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 September 2026, the Nifty Chemicals total return (with dividends reinvested) is -0.29% over the past year and +5.44% 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 September 2026, the Nifty Chemicals had an annualized volatility (standard deviation of daily returns) of 17.79%. Its beta versus the Nifty 50 is 1.00, meaning it has moved roughly in line with the broad market.
How fast have Nifty Chemicals earnings grown?
Nifty Chemicals earnings, measured as the index level divided by its P/E, grew +1.47% a year over the last 1 year, while the index itself moved -3.40% a year and its P/E fell from 43.97 to 41.86. Past growth, not a forecast.
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: 1 October 2026.