Nifty IPO PE Ratio
Valuation Percentile
Nifty IPO's PB is more expensive than 57% of the last year.
Not enough history for a 5Y percentile, showing 1Y instead.
The Nifty IPO PE ratio is 101.49 as of 1 October 2026, about 72% above its 1-year median of 58.85, which places it in significantly overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 1 Year | 58.85 | +72.46% |
Historical PE Ratio
Series start. P/E is published from 18 Jul 2024. Index values go back to 2 Jan 2017.
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 IPO earnings grew -8.93% a year over the last 1 year, while the index moved +10.98% a year and its P/E went from 83.3 to 101.5.
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
1-year holding windows since 2024 returned a median of +2.71% (best +17.45%, worst -13.06%).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty IPO. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty IPO
The Nifty IPO contains 100 constituents. Its largest sectors by weight are Financial Services (29.1%) and Consumer Services (22.1%).
Recent changes
4 October 2026: Added Hero Motors Ltd., Jindal Supreme (India) Ltd., SS Retail Ltd., Sonaselection India Ltd.. Removed Aditya Infotech Ltd., Advance Agrolife Ltd., All Time Plastics Ltd., Anand Rathi Share and Stock Brokers Ltd., Anlon Healthcare Ltd., Anthem Biosciences Ltd., Atlanta Electricals Ltd., BMW Ventures Ltd., BlueStone Jewellery and Lifestyle Ltd., Brigade Hotel Ventures Ltd., Canara Robeco Asset Management Company Ltd., Crizac Ltd., EPack Prefab Technologies Ltd., Euro Pratik Sales Ltd., Fabtech Technologies Ltd., GK Energy Ltd., GNG Electronics Ltd., Ganesh Consumer Products Ltd., Gem Aromatics Ltd., Glottis Ltd., HDB Financial Services Ltd., Highway Infrastructure Ltd., Indiqube Spaces Ltd., Indogulf Cropsciences Ltd., Ivalue Infosolutions Ltd., JSW Cement Ltd., Jain Resource Recycling Ltd., Jaro Institute of Technology Management and Research Ltd., LG Electronics India Ltd., Laxmi India Finance Ltd., M & B Engineering Ltd., Mangal Electrical Industries Ltd., Pace Digitek Ltd., Patel Retail Ltd., Regaal Resources Ltd., Rubicon Research Ltd., SRI LOTUS DEVELOPERS AND REALTY Ltd., Saatvik Green Energy Ltd., Sambhv Steel Tubes Ltd., Seshaasai Technologies Ltd., Shanti Gold International Ltd., Shreeji Shipping Global Ltd., Shringar House of Mangalsutra Ltd., Smartworks Coworking Spaces Ltd., Solarworld Energy Solutions Ltd., Tata Capital Ltd., Travel Food Services Ltd., TruAlt Bioenergy Ltd., Urban Company Ltd., VMS TMT Ltd., Vikram Solar Ltd., Vikran Engineering Ltd., WeWork India Management Ltd..
27 September 2026: Added Asset Reconstruction Company (India) Ltd., Glass Wall Systems (India) Ltd., Kanohar Electricals Ltd., Karamtara Engineering Ltd., LCC Projects Ltd., Manipal Payment and Identity Solutions Ltd., Pranav Constructions Ltd., Prasol Chemicals Ltd., Rentomojo Ltd., Steamhouse India Ltd., Veegaland Developers Ltd..
20 September 2026: Added Deepa Jewellers 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 Nifty IPO Index aims to track the performance of the last 100 IPOs listed on NSE and permitted to trade stocks if they are allowed to trade on NSE on the day of listing, subject to meeting minimum inclusion criteria. Stock weights are determined based on their free float market capitalization.
- 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 IPO; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty IPO PE ratio?
As of 1 October 2026, the Nifty IPO PE ratio is 101.49. That is about 72% above its 1-year median of 58.85.
Is the Nifty IPO undervalued right now?
On a historical basis it screens as significantly overvalued. Its current PE of 101.49 sits above every median window: 1-year (58.85).
What is a normal PE ratio for the Nifty IPO?
Over the past one year its median PE has been 58.85, and over the past six months 57.71. Today's 101.49 is toward the upper end of that historical range.
How many stocks are in the Nifty IPO?
The Nifty IPO contains 100 stocks. By number of companies, its largest sectors are Capital Goods (21 stocks), Financial Services (11 stocks) and Healthcare (9 stocks).
What returns has the Nifty IPO delivered?
As of September 2026, the Nifty IPO total return (with dividends reinvested) is +13.14% over the past year and +6.12% 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 IPO?
Over the year to September 2026, the Nifty IPO had an annualized volatility (standard deviation of daily returns) of 16.60%. Its beta versus the Nifty 50 is 0.84, meaning it has moved less than the broad market.
What is a typical one-year return for the Nifty IPO?
Across every one-year holding window since 2024, the Nifty IPO total return has a median of +2.71%, with the best window at +17.45% and the worst at -13.06%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
How fast have Nifty IPO earnings grown?
Nifty IPO earnings, measured as the index level divided by its P/E, grew -8.93% a year over the last 1 year, while the index itself moved +10.98% a year and its P/E rose from 83.30 to 101.49. Past growth, not a forecast.
Last updated: 1 October 2026.