Nifty India Digital PE Ratio
Valuation Percentile
Nifty India Digital's PB is cheaper than 100% of the last 3 years.
Not enough history for a 5Y percentile, showing 3Y instead.
The Nifty India Digital PE ratio is 27.02 as of 1 October 2026, about 77% below its 3-year median of 115.96, which places it in significantly undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 3 Years | 115.96 | -76.70% |
| 1 Year | 55.30 | -51.14% |
Historical PE Ratio
Series start. P/E is published from 31 Mar 2022. 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 India Digital earnings grew +76.04% a year over the last 3 years, while the index moved +7.54% a year and its P/E went from 118.9 to 27.0.
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 India Digital
0 ETFs and 1 index fund track this index. Prices and NAVs as of 1 Oct 2026.
Index funds (1)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| HDFC Nifty India Digital Index Fund | HDFC Asset Management Company Limited | 8.091 Oct 2026 | 2024 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
1-year holding windows since 2021 returned a median of +9.68% (best +55.88%, worst -27.64%).
View full performance and risk
Returns as of September 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 50 constituents. Its largest sectors by weight are Information Technology (50.3%) and Consumer Services (24.1%).
Recent changes
4 October 2026: Added Black Box Ltd., Fractal Analytics Ltd., Sterlite Technologies Ltd.. Removed C.E. Info Systems Ltd., Latent View Analytics Ltd., Newgen Software Technologies Ltd., Sonata Software Ltd..
Constituent list as of 4 October 2026, sourced from NSE Indices. Weights as of 30 September 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 1 October 2026, the Nifty India Digital PE ratio is 27.02. That is about 77% below its 3-year median of 115.96 and about 51% below its 1-year median of 55.30.
Is the Nifty India Digital undervalued right now?
On a historical basis it screens as significantly undervalued. Its current PE of 27.02 sits below every median window: 1-year (55.30) and 3-year (115.96).
What is a normal PE ratio for the Nifty India Digital?
Over the past three years its median PE has been 115.96, and over the past one year 55.30. Today's 27.02 is toward the lower end of that historical range.
How many stocks are in the Nifty India Digital?
The Nifty India Digital contains 50 stocks. By number of companies, its largest sectors are Information Technology (25 stocks), Consumer Services (13 stocks) and Telecommunication (9 stocks).
What returns has the Nifty India Digital delivered?
As of September 2026, the Nifty India Digital total return (with dividends reinvested) is -6.66% over the past year and +4.32% 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 September 2026, the Nifty India Digital had an annualized volatility (standard deviation of daily returns) of 17.54%. Its beta versus the Nifty 50 is 0.91, 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 2021, the Nifty India Digital total return has a median of +9.68%, with the best window at +55.88% and the worst at -27.64%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
How fast have Nifty India Digital earnings grown?
Nifty India Digital earnings, measured as the index level divided by its P/E, grew +76.04% a year over the last 3 years, while the index itself moved +7.54% a year and its P/E fell from 118.89 to 27.02. Past growth, not a forecast.
Last updated: 1 October 2026.