Nifty Conglomerate 50 PE Ratio
Valuation Percentile
Nifty Conglomerate 50's PB is cheaper than 89% of the last year.
Not enough history for a 5Y percentile, showing 1Y instead.
The Nifty Conglomerate 50 PE ratio is 22.96 as of 11 September 2026, about 19% below its 1-year median of 28.31, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 1 Year | 28.31 | -18.90% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2005 returned a median of +12.00% (best +162.79%, worst -67.88%).
View full performance and risk
Returns as of August 2026, from the NSE factsheet for the Nifty Conglomerate 50. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Conglomerate 50
The Nifty Conglomerate 50 contains 50 constituents. Its largest sectors by weight are Financial Services (17.5%) and Metals & Mining (15.6%).
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 Nifty Conglomerate 50 Index aims to track the performance of 50 stocks from the Nifty 500 Index that represent India’s major Conglomerates. The largest stocks from each Indian Conglomerate group in Nifty 500 are selected based on their 6-month average free float market capitalization.
- 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 Conglomerate 50; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty Conglomerate 50 PE ratio?
As of 11 September 2026, the Nifty Conglomerate 50 PE ratio is 22.96. That is about 19% below its 1-year median of 28.31.
Is the Nifty Conglomerate 50 undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 22.96 sits below every median window: 1-year (28.31).
What is a normal PE ratio for the Nifty Conglomerate 50?
Over the past one year its median PE has been 28.31, and over the past six months 24.26. Today's 22.96 is toward the lower end of that historical range.
How many stocks are in the Nifty Conglomerate 50?
The Nifty Conglomerate 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (9 stocks), Metals & Mining (6 stocks) and Information Technology (5 stocks).
What returns has the Nifty Conglomerate 50 delivered?
As of August 2026, the Nifty Conglomerate 50 total return (with dividends reinvested) is +11.11% over the past year and +10.70% 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 Conglomerate 50?
Over the year to August 2026, the Nifty Conglomerate 50 had an annualized volatility (standard deviation of daily returns) of 16.75%. Its beta versus the Nifty 50 is 1.20, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty Conglomerate 50?
Across every one-year holding window since 2005, the Nifty Conglomerate 50 total return has a median of +12.00%, with the best window at +162.79% and the worst at -67.88%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
Last updated: 11 September 2026.