Nifty India Tourism PE Ratio
Valuation Percentile
Nifty India Tourism's PB is cheaper than 81% of the last year.
Not enough history for a 5Y percentile, showing 1Y instead.
The Nifty India Tourism PE ratio is 86.33 as of 1 October 2026, about 32% above its 1-year median of 65.17, which places it in significantly overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 1 Year | 65.17 | +32.47% |
Historical PE Ratio
Series start. P/E is published from 14 Jun 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 Tourism earnings grew -37.28% a year over the last 1 year, while the index moved -14.49% a year and its P/E went from 63.3 to 86.3.
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 Tourism
1 ETF and 2 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (1)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| Motilal Oswal Nifty India Tourism ETF | MOTOUR | 77.5 | - | - | -15.41% |
Index funds (2)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| Tata Nifty India Tourism Index Fund | Tata Asset Management Private Limited | 8.681 Oct 2026 | 2024 |
| Kotak Nifty India Tourism Index Fund | Kotak Mahindra Asset Management Company Limited. | 8.171 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 2024 returned a median of -6.96% (best +13.54%, worst -23.51%).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty India Tourism. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty India Tourism
The Nifty India Tourism contains 11 constituents. Its largest sectors by weight are Consumer Services (61.5%) and Services (38.5%).
Recent changes
4 October 2026: Removed Chalet Hotels Ltd., Leela Palaces Hotels & Resorts Ltd., Sapphire Foods India Ltd., Travel Food Services 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
- The index is designed to reflect the behaviour and performance of portfolio of stocks that represent the travel and tourism 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 India Tourism; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty India Tourism PE ratio?
As of 1 October 2026, the Nifty India Tourism PE ratio is 86.33. That is about 32% above its 1-year median of 65.17.
Is the Nifty India Tourism undervalued right now?
On a historical basis it screens as significantly overvalued. Its current PE of 86.33 sits above every median window: 1-year (65.17).
What is a normal PE ratio for the Nifty India Tourism?
Over the past one year its median PE has been 65.17, and over the past six months 78.54. Today's 86.33 is toward the upper end of that historical range.
How many stocks are in the Nifty India Tourism?
The Nifty India Tourism contains 11 stocks. By number of companies, its largest sectors are Consumer Services (9 stocks) and Services (2 stocks).
What returns has the Nifty India Tourism delivered?
As of September 2026, the Nifty India Tourism total return (with dividends reinvested) is -12.30% over the past year and +8.77% 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 Tourism?
Over the year to September 2026, the Nifty India Tourism had an annualized volatility (standard deviation of daily returns) of 21.85%. Its beta versus the Nifty 50 is 1.37, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty India Tourism?
Across every one-year holding window since 2024, the Nifty India Tourism total return has a median of -6.96%, with the best window at +13.54% and the worst at -23.51%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
How fast have Nifty India Tourism earnings grown?
Nifty India Tourism earnings, measured as the index level divided by its P/E, grew -37.28% a year over the last 1 year, while the index itself moved -14.49% a year and its P/E rose from 63.34 to 86.33. Past growth, not a forecast.
Last updated: 1 October 2026.