Nifty Core Housing PE Ratio
Valuation Percentile
Nifty Core Housing's PB is cheaper than 99% of the last 3 years.
Not enough history for a 5Y percentile, showing 3Y instead.
The Nifty Core Housing PE ratio is 30.21 as of 1 October 2026, about 17% below its 3-year median of 36.24, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 3 Years | 36.24 | -16.65% |
| 1 Year | 33.48 | -9.77% |
Historical PE Ratio
Data gap. P/E is unavailable from 15 Mar 2023 to 12 May 2023 because the index’s aggregate earnings were negative, so no ratio could be published. The line bridges those dates, and medians and forward returns skip them.
Series start. P/E is published from 14 Mar 2023. 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 Core Housing earnings grew +9.78% a year over the last 3 years, while the index moved +4.92% a year and its P/E went from 34.6 to 30.2.
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.
Performance and risk
1-year holding windows since 2023 returned a median of -0.61% (best +49.51%, worst -12.75%).
View full performance and risk
Returns as of September 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 (35.8%) and Consumer Durables (32.2%).
Recent changes
4 October 2026: Added LG Electronics India Ltd.. Removed ACC Ltd..
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 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 1 October 2026, the Nifty Core Housing PE ratio is 30.21. That is about 17% below its 3-year median of 36.24 and about 10% below its 1-year median of 33.48.
Is the Nifty Core Housing undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 30.21 sits below every median window: 1-year (33.48) and 3-year (36.24).
What is a normal PE ratio for the Nifty Core Housing?
Over the past three years its median PE has been 36.24, and over the past one year 33.48. Today's 30.21 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 (11 stocks), Construction Materials (7 stocks) and Realty (7 stocks).
What returns has the Nifty Core Housing delivered?
As of September 2026, the Nifty Core Housing total return (with dividends reinvested) is -6.80% over the past year and +4.79% 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 September 2026, the Nifty Core Housing had an annualized volatility (standard deviation of daily returns) of 19.06%. Its beta versus the Nifty 50 is 1.24, 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 2023, the Nifty Core Housing total return has a median of -0.61%, with the best window at +49.51% and the worst at -12.75%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
How fast have Nifty Core Housing earnings grown?
Nifty Core Housing earnings, measured as the index level divided by its P/E, grew +9.78% a year over the last 3 years, while the index itself moved +4.92% a year and its P/E fell from 34.62 to 30.21. Past growth, not a forecast.
Last updated: 1 October 2026.