Nifty EV & New Age Automotive PE Ratio
Valuation Percentile
Nifty EV & New Age Automotive's PB is cheaper than 81% of the last year.
Not enough history for a 5Y percentile, showing 1Y instead.
The Nifty EV & New Age Automotive PE ratio is 41.72 as of 11 September 2026, about 12% above its 1-year median of 37.30, which places it in slightly overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 1 Year | 37.30 | +11.85% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2018 returned a median of +18.44% (best +143.65%, worst -43.62%).
View full performance and risk
Returns as of August 2026, from the NSE factsheet for the Nifty EV & New Age Automotive. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty EV & New Age Automotive
The Nifty EV & New Age Automotive contains 38 constituents. Its largest sectors by weight are Automobile and Auto Components (67.4%) and Capital Goods (12.3%).
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 EV & New Age Automotive Index aims to track the performance of the companies which are active in electric vehicles or new age automotive vehicles (such as hybrid vehicles, hydrogen fuel-based vehicles and green hybrid vehicles) segment.
- 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 EV & New Age Automotive; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty EV & New Age Automotive PE ratio?
As of 11 September 2026, the Nifty EV & New Age Automotive PE ratio is 41.72. That is about 12% above its 1-year median of 37.30.
Is the Nifty EV & New Age Automotive undervalued right now?
On a historical basis it screens as slightly overvalued. Its current PE of 41.72 sits above every median window: 1-year (37.30).
What is a normal PE ratio for the Nifty EV & New Age Automotive?
Over the past one year its median PE has been 37.30, and over the past six months 41.32. Today's 41.72 is toward the upper end of that historical range.
How many stocks are in the Nifty EV & New Age Automotive?
The Nifty EV & New Age Automotive contains 38 stocks. By number of companies, its largest sectors are Automobile and Auto Components (25 stocks), Capital Goods (5 stocks) and Information Technology (4 stocks).
What returns has the Nifty EV & New Age Automotive delivered?
As of August 2026, the Nifty EV & New Age Automotive total return (with dividends reinvested) is +12.90% over the past year and +21.69% 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 EV & New Age Automotive?
Over the year to August 2026, the Nifty EV & New Age Automotive had an annualized volatility (standard deviation of daily returns) of 17.84%. Its beta versus the Nifty 50 is 1.15, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty EV & New Age Automotive?
Across every one-year holding window since 2018, the Nifty EV & New Age Automotive total return has a median of +18.44%, with the best window at +143.65% and the worst at -43.62%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
Last updated: 11 September 2026.