indexPe

Nifty Media PE Ratio

Significantly UndervaluedSectoralNSELast updated: 20 Aug 2026
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Current PE Ratio
43.07
5Y Median PE
64.23
vs 5Y Median
-32.94%

Valuation Percentile

Nifty Media's PB is cheaper than 72% of the last 5 years.

As of 20 Aug 2026 · 5Y daily data (1,240 obs)

The Nifty Media PE ratio is 43.07 as of 20 August 2026, about 33% below its 5-year median of 64.23, which places it in significantly undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history42.61+1.08%
15 Years42.72+0.82%
10 Years45.65-5.65%
7 Years73.20-41.16%
5 Years64.23-32.94%
3 Years49.29-12.62%
1 Year36.92+16.64%

Historical PE Ratio

Performance and risk

1Y total return
+0.10%
5Y total return (p.a.)
-1.41%
Volatility (1Y std dev)
21.30%
Beta vs Nifty 50 (1Y)
0.92

1-year holding windows since 2005 returned a median of +4.22% (best +177.07%, worst -71.30%).

Today's PE of 43.20 sits in band 3 of 5 of this index's history (PE 40.3 to 46.2). From this band, 5-year forward returns had a median of -0.64% a year and were positive in 48% of windows (528 windows since 2011).

View full performance and risk

Returns as of July 2026, from the NSE factsheet for the Nifty Media. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Media

The Nifty Media contains 10 constituents.

Media Entertainment & Publication: 10
SymbolCompanyIndustryWeight(%)
ZEELZee Entertainment Enterprises Ltd.Media Entertainment & Publication24.21
PVRINOXPVR INOX Ltd.Media Entertainment & Publication18.57
NAZARANazara Technologies Ltd.Media Entertainment & Publication17.76
SUNTVSun TV Network Ltd.Media Entertainment & Publication11.57
SAREGAMASaregama India LtdMedia Entertainment & Publication8.70
TIPSMUSICTips Music Ltd.Media Entertainment & Publication7.07
NETWORK18Network18 Media & Investments Ltd.Media Entertainment & Publication4.44
PFOCUSPrime Focus Ltd.Media Entertainment & Publication4.40
DBCORPD.B.Corp Ltd.Media Entertainment & Publication2.19
HATHWAYHathway Cable & Datacom Ltd.Media Entertainment & Publication1.10

Constituent list as of 16 August 2026, sourced from NSE Indices. Weights as of 31 July 2026, from the NSE factsheet.

How this index works

Selection
The Nifty Media Index is designed to reflect the behavior and performance of sectors such as advertising, media & entertainment, printing and publishing etc.
Rebalanced
Semi-annually. The review of sectoral indices is undertaken semi-annually based on data for six months ending January and July.
Weight cap
For all other sectoral indices, the weight of each stock is capped at 33% and the weight of top 3 stocks is capped at 62%

Summarised from NSE's official methodology document (PDF) for the Nifty Media; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Media PE ratio?

As of 20 August 2026, the Nifty Media PE ratio is 43.07. That is about 33% below its 5-year median of 64.23 and about 17% above its 1-year median of 36.92.

Is the Nifty Media undervalued right now?

On a historical basis it screens as significantly undervalued. Its current PE of 43.07 compares with its historical medians: 1-year (36.92), 3-year (49.29), 5-year (64.23), 7-year (73.20), 10-year (45.65), 15-year (42.72) and full-history (42.61).

What is a normal PE ratio for the Nifty Media?

Over the past five years its median PE has been 64.23, and over the past three years 49.29. Today's 43.07 is toward the lower end of that historical range.

How many stocks are in the Nifty Media?

The Nifty Media contains 10 stocks. By number of companies, its largest sectors are Media Entertainment & Publication (10 stocks).

What returns has the Nifty Media delivered?

As of July 2026, the Nifty Media total return (with dividends reinvested) is +0.10% over the past year and -1.41% 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 Media?

Over the year to July 2026, the Nifty Media had an annualized volatility (standard deviation of daily returns) of 21.30%. Its beta versus the Nifty 50 is 0.92, meaning it has moved less than the broad market.

What is a typical one-year return for the Nifty Media?

Across every one-year holding window since 2005, the Nifty Media total return has a median of +4.22%, with the best window at +177.07% and the worst at -71.30%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

What have 5-year returns been from PE levels like today's?

The Nifty Media currently trades at a PE of 43.20, in band 3 of 5 of its own PE history. Across 528 overlapping 5-year windows since 2011 that began in this band, the median forward return was -0.64% a year, positive in 48% of windows. A past distribution, not a prediction.

How often is the Nifty Media rebalanced?

The Nifty Media is rebalanced semi-annually. The review of sectoral indices is undertaken semi-annually based on data for six months ending January and July. Details are in the official NSE methodology document.

Last updated: 20 August 2026.