indexPe

Nifty India Digital PE Ratio

Significantly UndervaluedThematicNSELast updated: 20 Aug 2026
Select Metric:
Current PE Ratio
29.25
3Y Median PE
116.15
vs 3Y Median
-74.82%

Valuation Percentile

Nifty India Digital'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 (724 obs)

The Nifty India Digital PE ratio is 29.25 as of 20 August 2026, about 75% below its 3-year median of 116.15, which places it in significantly undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Years116.15-74.82%
1 Year61.99-52.81%

Historical PE Ratio

Performance and risk

1Y total return
-3.05%
5Y total return (p.a.)
+8.75%
Volatility (1Y std dev)
17.71%
Beta vs Nifty 50 (1Y)
0.93

1-year holding windows since 2005 returned a median of +9.76% (best +144.62%, worst -56.05%).

View full performance and risk

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

Stocks in the Nifty India Digital

The Nifty India Digital contains 51 constituents. Its largest sectors by weight are Information Technology (51.1%) and Consumer Services (25.1%).

Information Technology: 51.1%Consumer Services: 25.1%Telecommunication: 14.0%Financial Services: 9.8%
SymbolCompanyIndustryWeight(%)
HCLTECHHCL Technologies Ltd.Information Technology8.31
ETERNALEternal Ltd.Consumer Services8.10
TCSTata Consultancy Services Ltd.Information Technology7.70
INFYInfosys Ltd.Information Technology7.35
BHARTIARTLBharti Airtel Ltd.Telecommunication7.22
TECHMTech Mahindra Ltd.Information Technology5.78
PAYTMOne 97 Communications Ltd.Financial Services4.82
POLICYBZRPB Fintech Ltd.Financial Services4.72
NAUKRIInfo Edge (India) Ltd.Consumer Services4.00
NYKAAFSN E-Commerce Ventures Ltd.Consumer Services3.89
AFFLEAffle 3i Ltd.Information Technology
BLSBLS International Services Ltd.Consumer Services
BHARTIHEXABharti Hexacom Ltd.Telecommunication
BSOFTBirlasoft Ltd.Information Technology
FIRSTCRYBrainbees Solutions Ltd.Consumer Services
MAPMYINDIAC.E. Info Systems Ltd.Information Technology
CARTRADECartrade Tech Ltd.Consumer Services
COFORGECoforge Ltd.Information Technology
CYIENTCyient Ltd.Information Technology
HEXTHexaware Technologies Ltd.Information Technology
ITIITI Ltd.Telecommunication
INDIAMARTIndiamart Intermesh Ltd.Consumer Services
IRCTCIndian Railway Catering And Tourism Corporation Ltd.Consumer Services
INTELLECTIntellect Design Arena Ltd.Information Technology
IKSInventurus Knowledge Solutions Ltd.Information Technology
KPITTECHKPIT Technologies Ltd.Information Technology
LTTSL&T Technology Services Ltd.Information Technology
LTMLTM Ltd.Information Technology
LATENTVIEWLatent View Analytics Ltd.Information Technology
MEESHOMeesho Ltd.Consumer Services
MPHASISMphasiS Ltd.Information Technology
NETWEBNetweb Technologies India Ltd.Information Technology
NEWGENNewgen Software Technologies Ltd.Information Technology
OFSSOracle Financial Services Software Ltd.Information Technology
PERSISTENTPersistent Systems Ltd.Information Technology
PWLPhysicswallah Ltd.Consumer Services
PINELABSPine Labs Ltd.Financial Services
RAILTELRailtel Corporation Of India Ltd.Telecommunication
SAGILITYSagility Ltd.Information Technology
SONATSOFTWSonata Software Ltd.Information Technology
SWIGGYSwiggy Ltd.Consumer Services
TBOTEKTBO Tek Ltd.Consumer Services
TATACOMMTata Communications Ltd.Telecommunication
TATAELXSITata Elxsi Ltd.Information Technology
TATATECHTata Technologies Ltd.Information Technology
TTMLTata Teleservices (Maharashtra) Ltd.Telecommunication
TEJASNETTejas Networks Ltd.Telecommunication
URBANCOUrban Company Ltd.Consumer Services
IDEAVodafone Idea Ltd.Telecommunication
WIPROWipro Ltd.Information Technology
ZENSARTECHZensar Technolgies Ltd.Information Technology

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
NSE Indices has developed the Nifty India Digital Index which aims to track the performance of portfolio of stocks that broadly represent the Digital theme.
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 India Digital; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty India Digital PE ratio?

As of 20 August 2026, the Nifty India Digital PE ratio is 29.25. That is about 75% below its 3-year median of 116.15 and about 53% below its 1-year median of 61.99.

Is the Nifty India Digital undervalued right now?

On a historical basis it screens as significantly undervalued. Its current PE of 29.25 sits below every median window: 1-year (61.99) and 3-year (116.15).

What is a normal PE ratio for the Nifty India Digital?

Over the past three years its median PE has been 116.15, and over the past one year 61.99. Today's 29.25 is toward the lower end of that historical range.

How many stocks are in the Nifty India Digital?

The Nifty India Digital contains 51 stocks. By number of companies, its largest sectors are Information Technology (27 stocks), Consumer Services (13 stocks) and Telecommunication (8 stocks).

What returns has the Nifty India Digital delivered?

As of July 2026, the Nifty India Digital total return (with dividends reinvested) is -3.05% over the past year and +8.75% 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 India Digital?

Over the year to July 2026, the Nifty India Digital had an annualized volatility (standard deviation of daily returns) of 17.71%. Its beta versus the Nifty 50 is 0.93, meaning it has moved less than the broad market.

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

Across every one-year holding window since 2005, the Nifty India Digital total return has a median of +9.76%, with the best window at +144.62% and the worst at -56.05%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 20 August 2026.