Nifty Commodities PE Ratio
Valuation Percentile
Nifty Commodities's PB is cheaper than 96% of the last 5 years.
The Nifty Commodities PE ratio is 15.12 as of 19 August 2026, about 2% below its 5-year median of 15.36, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 15.14 | -0.13% |
| 10 Years | 16.12 | -6.17% |
| 7 Years | 15.34 | -1.47% |
| 5 Years | 15.36 | -1.56% |
| 3 Years | 16.97 | -10.90% |
| 1 Year | 16.44 | -8.03% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2004 returned a median of +11.56% (best +138.95%, worst -60.32%).
Today's PE of 15.29 sits in band 3 of 5 of this index's history (PE 14.6 to 16.0). From this band, 5-year forward returns had a median of +11.84% a year and were positive in 99% of windows (572 windows since 2011).
View full performance and risk
Returns as of July 2026, from the NSE factsheet for the Nifty Commodities. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Commodities
The Nifty Commodities contains 30 constituents. Its largest sectors by weight are Oil, Gas & Consumable Fuels (27.6%) and Metals & Mining (25.1%).
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 a diversified portfolio of companies representing the commodities segment which includes sectors like Oil, Petroleum Products, Cement, Power, Chemical, Sugar, Metals and Mining etc.
- Weight cap
- At the time of rebalancing of shares/ change in index constituents/ change in investable weight factors (IWFs), the weightage of the index constituent (where applicable) is capped at 10%.
Summarised from NSE's official methodology document (PDF) for the Nifty Commodities; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty Commodities PE ratio?
As of 19 August 2026, the Nifty Commodities PE ratio is 15.12. That is about 2% below its 5-year median of 15.36 and about 8% below its 1-year median of 16.44.
Is the Nifty Commodities undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 15.12 sits below every median window: 1-year (16.44), 3-year (16.97), 5-year (15.36), 7-year (15.34), 10-year (16.12) and full-history (15.14).
What is a normal PE ratio for the Nifty Commodities?
Over the past five years its median PE has been 15.36, and over the past three years 16.97. Today's 15.12 is toward the lower end of that historical range.
How many stocks are in the Nifty Commodities?
The Nifty Commodities contains 30 stocks. By number of companies, its largest sectors are Power (8 stocks), Oil Gas & Consumable Fuels (7 stocks) and Metals & Mining (6 stocks).
What returns has the Nifty Commodities delivered?
As of July 2026, the Nifty Commodities total return (with dividends reinvested) is +14.10% over the past year and +14.25% 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 Commodities?
Over the year to July 2026, the Nifty Commodities had an annualized volatility (standard deviation of daily returns) of 16.06%. Its beta versus the Nifty 50 is 0.95, meaning it has moved roughly in line with the broad market.
What is a typical one-year return for the Nifty Commodities?
Across every one-year holding window since 2004, the Nifty Commodities total return has a median of +11.56%, with the best window at +138.95% and the worst at -60.32%. 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 Commodities currently trades at a PE of 15.29, in band 3 of 5 of its own PE history. Across 572 overlapping 5-year windows since 2011 that began in this band, the median forward return was +11.84% a year, positive in 99% of windows. A past distribution, not a prediction.
Last updated: 19 August 2026.