Nifty India FPI 150 PE Ratio
Valuation Percentile
Nifty India FPI 150's PE is cheaper than 99% of the last year.
Not enough history for a 5Y percentile, showing 1Y instead.
The Nifty India FPI 150 PE ratio is 21.02 as of 1 October 2026, about 9% below its 1-year median of 23.21, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 1 Year | 23.21 | -9.44% |
Historical PE Ratio
Series start. P/E is published from 14 Aug 2025. Index values go back to 3 Oct 2022.
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 FPI 150 earnings grew +9.11% a year over the last 1 year, while the index moved -5.16% a year and its P/E went from 24.2 to 21.0.
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.
Performance and risk
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty India FPI 150. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty India FPI 150
The Nifty India FPI 150 contains 150 constituents. Its largest sectors by weight are Financial Services (24.7%) and Oil, Gas & Consumable Fuels (9.6%).
Recent changes
4 October 2026: Added Ashok Leyland Ltd., Biocon Ltd., Hitachi Energy India Ltd., Lenskart Solutions Ltd., Vedanta Aluminium Metal Ltd.. Removed Ambuja Cements Ltd., Bajaj Holdings & Investment Ltd., Bank of Baroda, ICICI Prudential Life Insurance Company Ltd., SBI Cards and Payment Services Ltd..
13 September 2026: Added Union Bank of India. Removed Swiggy 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
- Universe
- The review of broad market indices is undertaken semi-annually based on data for six months ending January and July. To be considered for inclusion in Nifty 500 index, companies must form part of eligible universe.
- Selection
- Nifty India FPI 150 Index aims to track the performance of top 150 stocks selected from Nifty 500 that ensure accessibility and investibility for foreign investors in India.
- Rebalanced
- Quarterly
Summarised from NSE's official methodology document (PDF) for the Nifty India FPI 150; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty India FPI 150 PE ratio?
As of 1 October 2026, the Nifty India FPI 150 PE ratio is 21.02. That is about 9% below its 1-year median of 23.21.
Is the Nifty India FPI 150 undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 21.02 sits below every median window: 1-year (23.21).
What is a normal PE ratio for the Nifty India FPI 150?
Over the past one year its median PE has been 23.21, and over the past six months 22.41. Today's 21.02 is toward the lower end of that historical range.
How many stocks are in the Nifty India FPI 150?
The Nifty India FPI 150 contains 150 stocks. By number of companies, its largest sectors are Financial Services (29 stocks), Healthcare (16 stocks) and Capital Goods (14 stocks).
What returns has the Nifty India FPI 150 delivered?
As of September 2026, the Nifty India FPI 150 total return (with dividends reinvested) is -2.60% over the past year. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.
How volatile is the Nifty India FPI 150?
Over the year to September 2026, the Nifty India FPI 150 had an annualized volatility (standard deviation of daily returns) of 13.75%. Its beta versus the Nifty 50 is 1.00, meaning it has moved roughly in line with the broad market.
How fast have Nifty India FPI 150 earnings grown?
Nifty India FPI 150 earnings, measured as the index level divided by its P/E, grew +9.11% a year over the last 1 year, while the index itself moved -5.16% a year and its P/E fell from 24.18 to 21.02. Past growth, not a forecast.
How often is the Nifty India FPI 150 rebalanced?
The Nifty India FPI 150 is rebalanced quarterly. Details are in the official NSE methodology document.
Last updated: 1 October 2026.