Nifty Healthcare Index PE Ratio
Valuation Percentile
Nifty Healthcare Index's PB is cheaper than 61% of the last 5 years.
The Nifty Healthcare Index PE ratio is 41.91 as of 1 October 2026, about 12% above its 5-year median of 37.47, which places it in slightly overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 5 Years | 37.47 | +11.85% |
| 3 Years | 39.11 | +7.16% |
| 1 Year | 38.36 | +9.25% |
Historical PE Ratio
Series start. P/E is published from 18 Nov 2020. 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 Healthcare Index earnings grew +6.73% a year over the last 5 years, while the index moved +12.25% a year and its P/E went from 32.6 to 41.9.
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.
Ways to invest in Nifty Healthcare Index
4 ETFs and 1 index fund track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (4)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| ICICI Prudential Nifty Healthcare ETF | HEALTHIETF | 165 | - | - | +12.36% |
| Aditya Birla Sun Life Nifty Healthcare ETF | HEALTHY | 16.68 | - | - | +12.19% |
| Axis NIFTY Healthcare ETF | HEALTHAXIS | 164.19 | - | - | - |
| DSP Nifty Healthcare ETF | HEALTHADD | 16.3 | - | - | - |
Index funds (1)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| DSP Nifty Healthcare Index Fund | DSP Asset Managers Private Limited | 11.461 Oct 2026 | 2025 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Stocks in the Nifty Healthcare Index
The Nifty Healthcare Index contains 20 constituents.
Recent changes
4 October 2026: Added Gland Pharma Ltd., Krishna Institute of Medical Sciences Ltd.. Removed Piramal Pharma Ltd., Syngene International Ltd..
Constituent list as of 4 October 2026, sourced from NSE Indices.
Stay Updated
Get weekly market insights and valuation updates delivered to your inbox.
Similar Indices
Frequently Asked Questions
What is the current Nifty Healthcare Index PE ratio?
As of 1 October 2026, the Nifty Healthcare Index PE ratio is 41.91. That is about 12% above its 5-year median of 37.47 and about 9% above its 1-year median of 38.36.
Is the Nifty Healthcare Index undervalued right now?
On a historical basis it screens as slightly overvalued. Its current PE of 41.91 sits above every median window: 1-year (38.36), 3-year (39.11) and 5-year (37.47).
What is a normal PE ratio for the Nifty Healthcare Index?
Over the past five years its median PE has been 37.47, and over the past three years 39.11. Today's 41.91 is toward the upper end of that historical range.
How many stocks are in the Nifty Healthcare Index?
The Nifty Healthcare Index contains 20 stocks. By number of companies, its largest sectors are Healthcare (20 stocks).
How fast have Nifty Healthcare Index earnings grown?
Nifty Healthcare Index earnings, measured as the index level divided by its P/E, grew +6.73% a year over the last 5 years, while the index itself moved +12.25% a year and its P/E rose from 32.58 to 41.91. Past growth, not a forecast.
Last updated: 1 October 2026.