indexPe

Nifty Housing PE Ratio

Moderately UndervaluedThematicNSELast updated: 20 Aug 2026
Select Metric:
Current PE Ratio
20.88
3Y Median PE
25.49
vs 3Y Median
-18.09%

Valuation Percentile

Nifty Housing's PB is cheaper than 99% of the last 3 years.

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

As of 20 Aug 2026 ยท 3Y daily data (743 obs)

The Nifty Housing PE ratio is 20.88 as of 20 August 2026, about 18% below its 3-year median of 25.49, which places it in moderately undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Years25.49-18.09%
1 Year24.68-15.40%

Historical PE Ratio

Performance and risk

1Y total return
+6.11%
5Y total return (p.a.)
+11.54%
Volatility (1Y std dev)
16.74%
Beta vs Nifty 50 (1Y)
1.16

1-year holding windows since 2005 returned a median of +10.96% (best +145.39%, worst -66.70%).

View full performance and risk

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

Stocks in the Nifty Housing

The Nifty Housing contains 50 constituents. Its largest sectors by weight are Financial Services (24.6%) and Power (18.6%).

Financial Services: 24.6%Power: 18.6%Metals & Mining: 13.3%Construction Materials: 12.6%Consumer Durables: 10.4%Construction: 9.9%+3 more sectors
SymbolCompanyIndustryWeight(%)
LTLarsen & Toubro Ltd.CONSTRUCTION9.47
HDFCBANKHDFC Bank Ltd.FINANCIAL SERVICES7.63
ICICIBANKICICI Bank Ltd.FINANCIAL SERVICES6.85
NTPCNTPC Ltd.POWER6.03
TATASTEELTata Steel Ltd.METALS5.75
ULTRACEMCOUltraTech Cement Ltd.CEMENT & CEMENT PRODUCTS5.16
ASIANPAINTAsian Paints Ltd.CONSUMER GOODS4.55
JSWSTEELJSW Steel Ltd.METALS4.36
GRASIMGrasim Industries Ltd.CEMENT & CEMENT PRODUCTS4.29
ACCACC Ltd.CEMENT & CEMENT PRODUCTS
ADANIGREENAdani Green Energy Ltd.POWER
ATGLAdani Total Gas Ltd.OIL & GAS
AMBUJACEMAmbuja Cements Ltd.CEMENT & CEMENT PRODUCTS
AXISBANKAxis Bank Ltd.FINANCIAL SERVICES
BANDHANBNKBandhan Bank Ltd.FINANCIAL SERVICES
BANKBARODABank of BarodaFINANCIAL SERVICES
BERGEPAINTBerger Paints India Ltd.CONSUMER GOODS
CUBCity Union Bank Ltd.FINANCIAL SERVICES
CROMPTONCrompton Greaves Consumer Electricals Ltd.CONSUMER GOODS
DALBHARATDalmia Bharat Ltd.CEMENT & CEMENT PRODUCTS
DIXONDixon Technologies (India) Ltd.CONSUMER GOODS
DLFDLF Ltd.CONSTRUCTION
FEDERALBNKFederal Bank Ltd.FINANCIAL SERVICES
GODREJPROPGodrej Properties Ltd.CONSTRUCTION
HAVELLSHavells India Ltd.CONSUMER GOODS
HDFCHousing Development Finance Corporation Ltd.FINANCIAL SERVICES
IDFCFIRSTBIDFC First Bank Ltd.FINANCIAL SERVICES
IBULHSGFINIndiabulls Housing Finance Ltd.FINANCIAL SERVICES
IGLIndraprastha Gas Ltd.OIL & GAS
INDUSINDBKIndusInd Bank Ltd.FINANCIAL SERVICES
JKCEMENTJ.K. Cement Ltd.CEMENT & CEMENT PRODUCTS
JINDALSTELJindal Steel & Power Ltd.METALS
KAJARIACERKajaria Ceramics Ltd.CONSUMER GOODS
KANSAINERKansai Nerolac Paints Ltd.CONSUMER GOODS
KOTAKBANKKotak Mahindra Bank Ltd.FINANCIAL SERVICES
LICHSGFINLIC Housing Finance Ltd.FINANCIAL SERVICES
MGLMahanagar Gas Ltd.OIL & GAS
OBEROIRLTYOberoi Realty Ltd.CONSTRUCTION
PETRONETPetronet LNG Ltd.OIL & GAS
PNBPunjab National BankFINANCIAL SERVICES
RBLBANKRBL Bank Ltd.FINANCIAL SERVICES
SHREECEMShree Cement Ltd.CEMENT & CEMENT PRODUCTS
SBINState Bank of IndiaFINANCIAL SERVICES
SAILSteel Authority of India Ltd.METALS
TATAPOWERTata Power Co. Ltd.POWER
RAMCOCEMThe Ramco Cements Ltd.CEMENT & CEMENT PRODUCTS
TORNTPOWERTorrent Power Ltd.POWER
VOLTASVoltas Ltd.CONSUMER GOODS
WHIRLPOOLWhirlpool of India Ltd.CONSUMER GOODS
YESBANKYes Bank Ltd.FINANCIAL SERVICES

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 broadly represent the 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 Housing; the PDF is authoritative.

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Nifty Capital MarketsNifty CommoditiesNifty Conglomerate 50Nifty Core HousingNifty CPSE

Frequently Asked Questions

What is the current Nifty Housing PE ratio?

As of 20 August 2026, the Nifty Housing PE ratio is 20.88. That is about 18% below its 3-year median of 25.49 and about 15% below its 1-year median of 24.68.

Is the Nifty Housing undervalued right now?

On a historical basis it screens as moderately undervalued. Its current PE of 20.88 sits below every median window: 1-year (24.68) and 3-year (25.49).

What is a normal PE ratio for the Nifty Housing?

Over the past three years its median PE has been 25.49, and over the past one year 24.68. Today's 20.88 is toward the lower end of that historical range.

How many stocks are in the Nifty Housing?

The Nifty Housing contains 50 stocks. By number of companies, its largest sectors are FINANCIAL SERVICES (17 stocks), CONSUMER GOODS (9 stocks) and CEMENT & CEMENT PRODUCTS (8 stocks).

What returns has the Nifty Housing delivered?

As of July 2026, the Nifty Housing total return (with dividends reinvested) is +6.11% over the past year and +11.54% 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 Housing?

Over the year to July 2026, the Nifty Housing had an annualized volatility (standard deviation of daily returns) of 16.74%. Its beta versus the Nifty 50 is 1.16, meaning it has moved more than the broad market.

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

Across every one-year holding window since 2005, the Nifty Housing total return has a median of +10.96%, with the best window at +145.39% and the worst at -66.70%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 20 August 2026.