indexPe

Nifty MidSmall Healthcare PE Ratio

Fairly ValuedSectoralNSELast updated: 20 Aug 2026
Select Metric:
Current PE Ratio
44.79
3Y Median PE
45.59
vs 3Y Median
-1.75%

Valuation Percentile

Nifty MidSmall Healthcare's PB is cheaper than 57% of the last 3 years.

Not enough history for a 5Y percentile, showing 3Y instead.

As of 20 Aug 2026 ยท 3Y daily data (743 obs)

The Nifty MidSmall Healthcare PE ratio is 44.79 as of 20 August 2026, about 2% below its 3-year median of 45.59, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Years45.59-1.75%
1 Year42.90+4.41%

Historical PE Ratio

Performance and risk

1Y total return
+14.79%
5Y total return (p.a.)
+15.83%
Volatility (1Y std dev)
14.66%
Beta vs Nifty 50 (1Y)
0.67

1-year holding windows since 2005 returned a median of +18.22% (best +151.98%, worst -44.58%).

View full performance and risk

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

Stocks in the Nifty MidSmall Healthcare

The Nifty MidSmall Healthcare contains 30 constituents.

Healthcare: 30

Recent changes

23 July 2026: Added Acutaas Chemicals Ltd.. Removed J.B. Chemicals & Pharmaceuticals Ltd..

SymbolCompanyIndustryWeight(%)
LAURUSLABSLaurus Labs Ltd.Healthcare10.79
LUPINLupin Ltd.Healthcare8.96
FORTISFortis Healthcare Ltd.Healthcare7.52
AUROPHARMAAurobindo Pharma Ltd.Healthcare6.68
ALKEMAlkem Laboratories Ltd.Healthcare5.14
GLENMARKGlenmark Pharmaceuticals Ltd.Healthcare5.14
BIOCONBiocon Ltd.Healthcare4.64
MANKINDMankind Pharma Ltd.Healthcare4.27
IPCALABIpca Laboratories Ltd.Healthcare3.71
KIMSKrishna Institute of Medical Sciences Ltd.Healthcare3.19
ABBOTINDIAAbbott India Ltd.Healthcare
ACUTAASAcutaas Chemicals Ltd.Healthcare
AJANTPHARMAjanta Pharmaceuticals Ltd.Healthcare
ASTERDMAster DM Quality Care Ltd.Healthcare
COHANCECohance Lifesciences Ltd.Healthcare
LALPATHLABDr. Lal Path Labs Ltd.Healthcare
GLANDGland Pharma Ltd.Healthcare
GLAXOGlaxosmithkline Pharmaceuticals Ltd.Healthcare
MEDANTAGlobal Health Ltd.Healthcare
GRANULESGranules India Ltd.Healthcare
NATCOPHARMNATCO Pharma Ltd.Healthcare
NHNarayana Hrudayalaya Ltd.Healthcare
NEULANDLABNeuland Laboratories Ltd.Healthcare
ONESOURCEOnesource Specialty Pharma Ltd.Healthcare
PFIZERPfizer Ltd.Healthcare
PPLPHARMAPiramal Pharma Ltd.Healthcare
POLYMEDPoly Medicure Ltd.Healthcare
SAILIFESai Life Sciences Ltd.Healthcare
SYNGENESyngene International Ltd.Healthcare
WOCKPHARMAWockhardt Ltd.Healthcare

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

Stay Updated

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

Similar Indices

Nifty AutoNifty BankNifty Capital GoodsNifty ChemicalsNifty Commercial & Transport Services

Frequently Asked Questions

What is the current Nifty MidSmall Healthcare PE ratio?

As of 20 August 2026, the Nifty MidSmall Healthcare PE ratio is 44.79. That is about 2% below its 3-year median of 45.59 and about 4% above its 1-year median of 42.90.

Is the Nifty MidSmall Healthcare undervalued right now?

On a historical basis it screens as fairly valued. Its current PE of 44.79 compares with its historical medians: 1-year (42.90) and 3-year (45.59).

What is a normal PE ratio for the Nifty MidSmall Healthcare?

Over the past three years its median PE has been 45.59, and over the past one year 42.90. Today's 44.79 is toward the upper end of that historical range.

How many stocks are in the Nifty MidSmall Healthcare?

The Nifty MidSmall Healthcare contains 30 stocks. By number of companies, its largest sectors are Healthcare (30 stocks).

What returns has the Nifty MidSmall Healthcare delivered?

As of July 2026, the Nifty MidSmall Healthcare total return (with dividends reinvested) is +14.79% over the past year and +15.83% 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 MidSmall Healthcare?

Over the year to July 2026, the Nifty MidSmall Healthcare had an annualized volatility (standard deviation of daily returns) of 14.66%. Its beta versus the Nifty 50 is 0.67, meaning it has moved less than the broad market.

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

Across every one-year holding window since 2005, the Nifty MidSmall Healthcare total return has a median of +18.22%, with the best window at +151.98% and the worst at -44.58%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 20 August 2026.