indexPe

Nifty High Beta 50 PE Ratio

Slightly OvervaluedStrategyNSELast updated: 20 Aug 2026
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Current PE Ratio
21.60
5Y Median PE
18.92
vs 5Y Median
+14.16%

Valuation Percentile

Nifty High Beta 50's PB is more expensive than 93% of the last 5 years.

As of 20 Aug 2026 · 5Y daily data (1,240 obs)

The Nifty High Beta 50 PE ratio is 21.60 as of 20 August 2026, about 14% above its 5-year median of 18.92, which places it in slightly overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history21.30+1.43%
7 Years20.83+3.70%
5 Years18.92+14.16%
3 Years20.38+5.99%
1 Year22.46-3.83%

Historical PE Ratio

Performance and risk

1Y total return
+22.95%
5Y total return (p.a.)
+18.33%
Volatility (1Y std dev)
22.30%
Beta vs Nifty 50 (1Y)
1.41

1-year holding windows since 2003 returned a median of +8.75% (best +208.30%, worst -72.91%).

View full performance and risk

Returns as of July 2026, from the NSE factsheet for the Nifty High Beta 50. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty High Beta 50

The Nifty High Beta 50 contains 50 constituents. Its largest sectors by weight are Financial Services (48.9%) and Realty (9.7%).

Financial Services: 48.9%Realty: 9.7%Capital Goods: 9.2%Consumer Durables: 6.8%Metals & Mining: 5.8%Power: 4.3%+5 more sectors
SymbolCompanyIndustryWeight(%)
KALYANKJILKalyan Jewellers India Ltd.Consumer Durables3.05
LODHALodha Developers Ltd.Realty2.90
GODREJPROPGodrej Properties Ltd.Realty2.69
UJJIVANSFBUjjivan Small Finance Bank Ltd.Financial Services2.43
SHRIRAMFINShriram Finance Ltd.Financial Services2.40
PAYTMOne 97 Communications Ltd.Financial Services2.33
M&MFINMahindra & Mahindra Financial Services Ltd.Financial Services2.31
ASHOKLEYAshok Leyland Ltd.Capital Goods2.29
IIFLIIFL Finance Ltd.Financial Services2.29
ADANIENSOLAdani Energy Solutions Ltd.Power2.24
ADANIENTAdani Enterprises Ltd.Metals & Mining
ADANIGREENAdani Green Energy Ltd.Power
ADANIPORTSAdani Ports and Special Economic Zone Ltd.Services
ABCAPITALAditya Birla Capital Ltd.Financial Services
AMBERAmber Enterprises India Ltd.Consumer Durables
ANGELONEAngel One Ltd.Financial Services
APARINDSApar Industries Ltd.Capital Goods
BSEBSE Ltd.Financial Services
BANDHANBNKBandhan Bank Ltd.Financial Services
BANKINDIABank of IndiaFinancial Services
BHELBharat Heavy Electricals Ltd.Capital Goods
CDSLCentral Depository Services (India) Ltd.Financial Services
CHOLAFINCholamandalam Investment and Finance Company Ltd.Financial Services
DLFDLF Ltd.Realty
DIXONDixon Technologies (India) Ltd.Consumer Durables
HDFCAMCHDFC Asset Management Company Ltd.Financial Services
HINDCOPPERHindustan Copper Ltd.Metals & Mining
HINDPETROHindustan Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
HUDCOHousing & Urban Development Corporation Ltd.Financial Services
IRFCIndian Railway Finance Corporation Ltd.Financial Services
IREDAIndian Renewable Energy Development Agency Ltd.Financial Services
INDIGOInterGlobe Aviation Ltd.Services
JIOFINJio Financial Services Ltd.Financial Services
KAYNESKaynes Technology India Ltd.Capital Goods
LTFL&T Finance Ltd.Financial Services
M&MMahindra & Mahindra Ltd.Automobile and Auto Components
MAZDOCKMazagoan Dock Shipbuilders Ltd.Capital Goods
MOTILALOFSMotilal Oswal Financial Services Ltd.Financial Services
MCXMulti Commodity Exchange of India Ltd.Financial Services
NBCCNBCC (India) Ltd.Construction
NAM-INDIANippon Life India Asset Management Ltd.Financial Services
PNBHOUSINGPNB Housing Finance Ltd.Financial Services
PFCPower Finance Corporation Ltd.Financial Services
PRESTIGEPrestige Estates Projects Ltd.Realty
RECLTDREC Ltd.Financial Services
RVNLRail Vikas Nigam Ltd.Construction
MOTHERSONSamvardhana Motherson International Ltd.Automobile and Auto Components
TATASTEELTata Steel Ltd.Metals & Mining
UNIONBANKUnion Bank of IndiaFinancial Services
IDEAVodafone Idea Ltd.Telecommunication

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

Universe
• The company must be domiciled in India and traded (listed & traded and not listed but permitted to trade) at the National Stock Exchange (NSE) are eligible for inclusion in the Nifty indices • Convertible stock, bonds, warrants, rights, and preferred stock that provide a guaranteed fixed return,
Selection
Introduction: The index aims to measure the performance of the stocks listed on NSE that have High Beta. Beta can be referred to as a measure of the sensitivity of stock returns to market returns. The market is represented by the performance of the Nifty 50 index.
Rebalanced
Annually. The review of Nifty Dividend Opportunities 50 index is undertaken annually based on data for six months ending January.
Weight cap
The month over month change in allocation to equity component (Nifty 50 TR, excluding arbitrage component) by asset allocation model at the time of rebalancing is capped at 10%

Summarised from NSE's official methodology document (PDF) for the Nifty High Beta 50; the PDF is authoritative.

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Nifty Alpha 50NIFTY Alpha Low-Volatility 30NIFTY Alpha Quality Low-Volatility 30NIFTY Alpha Quality Value Low-Volatility 30Nifty Dividend Opportunities 50

Frequently Asked Questions

What is the current Nifty High Beta 50 PE ratio?

As of 20 August 2026, the Nifty High Beta 50 PE ratio is 21.60. That is about 14% above its 5-year median of 18.92 and about 4% below its 1-year median of 22.46.

Is the Nifty High Beta 50 undervalued right now?

On a historical basis it screens as slightly overvalued. Its current PE of 21.60 compares with its historical medians: 1-year (22.46), 3-year (20.38), 5-year (18.92), 7-year (20.83) and full-history (21.30).

What is a normal PE ratio for the Nifty High Beta 50?

Over the past five years its median PE has been 18.92, and over the past three years 20.38. Today's 21.60 is around the middle of that historical range.

How many stocks are in the Nifty High Beta 50?

The Nifty High Beta 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (25 stocks), Capital Goods (5 stocks) and Realty (4 stocks).

What returns has the Nifty High Beta 50 delivered?

As of July 2026, the Nifty High Beta 50 total return (with dividends reinvested) is +22.95% over the past year and +18.33% 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 High Beta 50?

Over the year to July 2026, the Nifty High Beta 50 had an annualized volatility (standard deviation of daily returns) of 22.30%. Its beta versus the Nifty 50 is 1.41, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty High Beta 50?

Across every one-year holding window since 2003, the Nifty High Beta 50 total return has a median of +8.75%, with the best window at +208.30% and the worst at -72.91%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

How often is the Nifty High Beta 50 rebalanced?

The Nifty High Beta 50 is rebalanced annually. The review of Nifty Dividend Opportunities 50 index is undertaken annually based on data for six months ending January. Details are in the official NSE methodology document.

Last updated: 20 August 2026.