indexPe

Nifty Core Housing PE Ratio

Moderately UndervaluedThematicNSELast updated: 19 Aug 2026
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Current PE Ratio
32.52
3Y Median PE
36.23
vs 3Y Median
-10.24%

Valuation Percentile

Nifty Core Housing's PB is cheaper than 92% of the last 3 years.

Not enough history for a 5Y percentile, showing 3Y instead.

As of 19 Aug 2026 ยท 3Y daily data (743 obs)

The Nifty Core Housing PE ratio is 32.52 as of 19 August 2026, about 10% below its 3-year median of 36.23, which places it in moderately undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Years36.23-10.24%
1 Year33.99-4.32%

Historical PE Ratio

Performance and risk

1Y total return
-0.79%
5Y total return (p.a.)
+8.15%
Volatility (1Y std dev)
18.94%
Beta vs Nifty 50 (1Y)
1.26

1-year holding windows since 2005 returned a median of +12.71% (best +150.68%, worst -74.06%).

View full performance and risk

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

Stocks in the Nifty Core Housing

The Nifty Core Housing contains 30 constituents. Its largest sectors by weight are Construction Materials (36.4%) and Consumer Durables (32.3%).

Construction Materials: 36.4%Consumer Durables: 32.3%Realty: 19.3%Capital Goods: 7.7%Financial Services: 4.3%
SymbolCompanyIndustryWeight(%)
ULTRACEMCOUltraTech Cement Ltd.Construction Materials13.61
ASIANPAINTAsian Paints Ltd.Consumer Durables12.00
GRASIMGrasim Industries Ltd.Construction Materials11.30
DIXONDixon Technologies (India) Ltd.Consumer Durables5.63
POLYCABPolycab India Ltd.Capital Goods4.70
DLFDLF Ltd.Realty4.09
PHOENIXLTDPhoenix Mills Ltd.Realty3.41
SHREECEMShree Cement Ltd.Construction Materials3.37
LODHALodha Developers Ltd.Realty3.33
HAVELLSHavells India Ltd.Consumer Durables3.07
ACCACC Ltd.Construction Materials
AMBERAmber Enterprises India Ltd.Consumer Durables
AMBUJACEMAmbuja Cements Ltd.Construction Materials
BAJAJHFLBajaj Housing Finance Ltd.Financial Services
BERGEPAINTBerger Paints India Ltd.Consumer Durables
BLUESTARCOBlue Star Ltd.Consumer Durables
BRIGADEBrigade Enterprises Ltd.Realty
CROMPTONCrompton Greaves Consumer Electricals Ltd.Consumer Durables
DALBHARATDalmia Bharat Ltd.Construction Materials
GODREJPROPGodrej Properties Ltd.Realty
JKCEMENTJ.K. Cement Ltd.Construction Materials
KEIKEI Industries Ltd.Capital Goods
KAJARIACERKajaria Ceramics Ltd.Consumer Durables
LICHSGFINLIC Housing Finance Ltd.Financial Services
OBEROIRLTYOberoi Realty Ltd.Realty
PGELPG Electroplast Ltd.Consumer Durables
PNBHOUSINGPNB Housing Finance Ltd.Financial Services
PRESTIGEPrestige Estates Projects Ltd.Realty
RAMCOCEMThe Ramco Cements Ltd.Construction Materials
VOLTASVoltas Ltd.Consumer Durables

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 portfolio of stocks that represent the core housing theme. A comprehensive list of basic industries eligible to be included in this index can be accessed in a separate section in this document {Click Here}.
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 Core Housing; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Core Housing PE ratio?

As of 19 August 2026, the Nifty Core Housing PE ratio is 32.52. That is about 10% below its 3-year median of 36.23 and about 4% below its 1-year median of 33.99.

Is the Nifty Core Housing undervalued right now?

On a historical basis it screens as moderately undervalued. Its current PE of 32.52 sits below every median window: 1-year (33.99) and 3-year (36.23).

What is a normal PE ratio for the Nifty Core Housing?

Over the past three years its median PE has been 36.23, and over the past one year 33.99. Today's 32.52 is toward the lower end of that historical range.

How many stocks are in the Nifty Core Housing?

The Nifty Core Housing contains 30 stocks. By number of companies, its largest sectors are Consumer Durables (10 stocks), Construction Materials (8 stocks) and Realty (7 stocks).

What returns has the Nifty Core Housing delivered?

As of July 2026, the Nifty Core Housing total return (with dividends reinvested) is -0.79% over the past year and +8.15% 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 Core Housing?

Over the year to July 2026, the Nifty Core Housing had an annualized volatility (standard deviation of daily returns) of 18.94%. Its beta versus the Nifty 50 is 1.26, meaning it has moved more than the broad market.

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

Across every one-year holding window since 2005, the Nifty Core Housing total return has a median of +12.71%, with the best window at +150.68% and the worst at -74.06%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 19 August 2026.