indexPe

Nifty India Select 5 Corporate Groups (MAATR) PE Ratio

Significantly UndervaluedThematicNSELast updated: 1 Oct 2026
Select Metric:
Current PE Ratio
22.10
1Y Median PE
28.30
vs 1Y Median
-21.89%

Valuation Percentile

Nifty India Select 5 Corporate Groups (MAATR)'s PB is cheaper than 100% of the last year.

Not enough history for a 5Y percentile, showing 1Y instead.

As of 1 Oct 2026 ยท 1Y daily data (246 obs)

The Nifty India Select 5 Corporate Groups (MAATR) PE ratio is 22.10 as of 1 October 2026, about 22% below its 1-year median of 28.30, which places it in significantly undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
1 Year28.30-21.89%

Historical PE Ratio

Series start. P/E is published from 12 Nov 2024. 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 Select 5 Corporate Groups (MAATR) index earnings (EPS, index points)

Nifty India Select 5 Corporate Groups (MAATR) earnings grew +27.13% a year over the last 1 year, while the index moved -3.30% a year and its P/E went from 29.1 to 22.1.

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

1Y total return
+0.38%
5Y total return (p.a.)
+10.59%
Volatility (1Y std dev)
16.69%
Beta vs Nifty 50 (1Y)
1.15

View full performance and risk

Returns as of September 2026, from the NSE factsheet for the Nifty India Select 5 Corporate Groups (MAATR). 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty India Select 5 Corporate Groups (MAATR)

The Nifty India Select 5 Corporate Groups (MAATR) contains 40 constituents. Its largest sectors by weight are Oil, Gas & Consumable Fuels (15.7%) and Metals & Mining (14.0%).

Oil, Gas & Consumable Fuels: 15.7%Metals & Mining: 14.0%Automobile and Auto Components: 13.3%Construction Materials: 12.7%Information Technology: 9.4%Power: 9.1%+10 more sectors

Recent changes

4 October 2026: Removed Aditya Birla Fashion and Retail Ltd., Aditya Birla Lifestyle Brands Ltd..

SymbolCompanyIndustryWeight(%)
RELIANCEReliance Industries Ltd.Oil Gas & Consumable Fuels14.90
M&MMahindra & Mahindra Ltd.Automobile and Auto Components12.09
ADANIPORTSAdani Ports and Special Economic Zone Ltd.Services6.46
HINDALCOHindalco Industries Ltd.Metals & Mining6.25
ULTRACEMCOUltraTech Cement Ltd.Construction Materials5.95
GRASIMGrasim Industries Ltd.Construction Materials5.30
ADANIENTAdani Enterprises Ltd.Metals & Mining4.51
TCSTata Consultancy Services Ltd.Information Technology4.44
TECHMTech Mahindra Ltd.Information Technology4.44
TITANTitan Company Ltd.Consumer Durables4.02
ACCACC Ltd.Construction Materials
ADANIENSOLAdani Energy Solutions Ltd.Power
ADANIGREENAdani Green Energy Ltd.Power
ADANIPOWERAdani Power Ltd.Power
ATGLAdani Total Gas Ltd.Oil Gas & Consumable Fuels
ABCAPITALAditya Birla Capital Ltd.Financial Services
ABRELAditya Birla Real Estate Ltd.Realty
ABSLAMCAditya Birla Sun Life AMC Ltd.Financial Services
AMBUJACEMAmbuja Cements Ltd.Construction Materials
CEMPROCemindia Projects Ltd.Construction
INDIACEMIndia Cements Ltd.Construction Materials
INDHOTELIndian Hotels Co. Ltd.Consumer Services
JIOFINJio Financial Services Ltd.Financial Services
M&MFINMahindra & Mahindra Financial Services Ltd.Financial Services
TATACAPTata Capital Ltd.Financial Services
TATACHEMTata Chemicals Ltd.Chemicals
TATACOMMTata Communications Ltd.Telecommunication
TATACONSUMTata Consumer Products Ltd.Fast Moving Consumer Goods
TATAELXSITata Elxsi Ltd.Information Technology
TATAINVESTTata Investment Corporation Ltd.Financial Services
TMCVTata Motors Ltd.Capital Goods
TMPVTata Motors Passenger Vehicles Ltd.Automobile and Auto Components
TATAPOWERTata Power Co. Ltd.Power
TATASTEELTata Steel Ltd.Metals & Mining
TATATECHTata Technologies Ltd.Information Technology
TTMLTata Teleservices (Maharashtra) Ltd.Telecommunication
TEJASNETTejas Networks Ltd.Telecommunication
TRENTTrent Ltd.Consumer Services
IDEAVodafone Idea Ltd.Telecommunication
VOLTASVoltas Ltd.Consumer Durables

Constituent list as of 4 October 2026, sourced from NSE Indices. Weights as of 30 September 2026, from the NSE factsheet.

Stay Updated

Get weekly market insights and valuation updates delivered to your inbox.

Similar Indices

Nifty Capital MarketsNifty CommoditiesNifty Conglomerate 50Nifty Core HousingNifty CPSE

Frequently Asked Questions

What is the current Nifty India Select 5 Corporate Groups (MAATR) PE ratio?

As of 1 October 2026, the Nifty India Select 5 Corporate Groups (MAATR) PE ratio is 22.10. That is about 22% below its 1-year median of 28.30.

Is the Nifty India Select 5 Corporate Groups (MAATR) undervalued right now?

On a historical basis it screens as significantly undervalued. Its current PE of 22.10 sits below every median window: 1-year (28.30).

What is a normal PE ratio for the Nifty India Select 5 Corporate Groups (MAATR)?

Over the past one year its median PE has been 28.30, and over the past six months 24.93. Today's 22.10 is toward the lower end of that historical range.

How many stocks are in the Nifty India Select 5 Corporate Groups (MAATR)?

The Nifty India Select 5 Corporate Groups (MAATR) contains 40 stocks. By number of companies, its largest sectors are Financial Services (6 stocks), Construction Materials (5 stocks) and Information Technology (4 stocks).

What returns has the Nifty India Select 5 Corporate Groups (MAATR) delivered?

As of September 2026, the Nifty India Select 5 Corporate Groups (MAATR) total return (with dividends reinvested) is +0.38% over the past year and +10.59% 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 Select 5 Corporate Groups (MAATR)?

Over the year to September 2026, the Nifty India Select 5 Corporate Groups (MAATR) had an annualized volatility (standard deviation of daily returns) of 16.69%. Its beta versus the Nifty 50 is 1.15, meaning it has moved more than the broad market.

How fast have Nifty India Select 5 Corporate Groups (MAATR) earnings grown?

Nifty India Select 5 Corporate Groups (MAATR) earnings, measured as the index level divided by its P/E, grew +27.13% a year over the last 1 year, while the index itself moved -3.30% a year and its P/E fell from 29.05 to 22.10. Past growth, not a forecast.

Last updated: 1 October 2026.