indexPe

Nifty Mobility PE Ratio

Moderately OvervaluedThematicNSELast updated: 1 Oct 2026
Select Metric:
Current PE Ratio
34.33
3Y Median PE
27.55
vs 3Y Median
+24.61%

Valuation Percentile

Nifty Mobility's PB is cheaper than 100% of the last 3 years.

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

As of 1 Oct 2026 ยท 3Y daily data (741 obs)

The Nifty Mobility PE ratio is 34.33 as of 1 October 2026, about 25% above its 3-year median of 27.55, which places it in moderately overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Years27.55+24.61%
1 Year31.56+8.76%

Historical PE Ratio

Series start. P/E is published from 7 Dec 2021. 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 Mobility index earnings (EPS, index points)

Nifty Mobility earnings grew +6.65% a year over the last 3 years, while the index moved +17.24% a year and its P/E went from 25.8 to 34.3.

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.

Performance and risk

1Y total return
-0.23%
5Y total return (p.a.)
+18.84%
Volatility (1Y std dev)
19.37%
Beta vs Nifty 50 (1Y)
1.29

1-year holding windows since 2021 returned a median of +17.23% (best +84.93%, worst -6.94%).

View full performance and risk

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

Stocks in the Nifty Mobility

The Nifty Mobility contains 30 constituents. Its largest sectors by weight are Automobile and Auto Components (55.5%) and Services (17.4%).

Automobile and Auto Components: 55.5%Services: 17.4%Oil, Gas & Consumable Fuels: 10.2%Consumer Services: 9.8%Capital Goods: 7.0%

Recent changes

4 October 2026: Added Delhivery Ltd.. Removed Indian Railway Catering And Tourism Corporation Ltd..

SymbolCompanyIndustryWeight(%)
MARUTIMaruti Suzuki India Ltd.Automobile and Auto Components8.12
M&MMahindra & Mahindra Ltd.Automobile and Auto Components7.96
ETERNALEternal Ltd.Consumer Services7.82
ADANIPORTSAdani Ports and Special Economic Zone Ltd.Services7.50
BAJAJ-AUTOBajaj Auto Ltd.Automobile and Auto Components6.31
INDIGOInterGlobe Aviation Ltd.Services6.00
EICHERMOTEicher Motors Ltd.Automobile and Auto Components5.25
TVSMOTORTVS Motor Company Ltd.Automobile and Auto Components5.13
RELIANCEReliance Industries Ltd.Oil Gas & Consumable Fuels4.95
TMCVTata Motors Ltd.Capital Goods4.69
ASHOKLEYAshok Leyland Ltd.Capital Goods
BALKRISINDBalkrishna Industries Ltd.Automobile and Auto Components
BHARATFORGBharat Forge Ltd.Automobile and Auto Components
BPCLBharat Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
BOSCHLTDBosch Ltd.Automobile and Auto Components
CONCORContainer Corporation of India Ltd.Services
DELHIVERYDelhivery Ltd.Services
GAILGAIL (India) Ltd.Oil Gas & Consumable Fuels
GMRAIRPORTGMR Airports Ltd.Services
HEROMOTOCOHero MotoCorp Ltd.Automobile and Auto Components
HINDPETROHindustan Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
HYUNDAIHyundai Motor India Ltd.Automobile and Auto Components
IOCIndian Oil Corporation Ltd.Oil Gas & Consumable Fuels
MRFMRF Ltd.Automobile and Auto Components
PETRONETPetronet LNG Ltd.Oil Gas & Consumable Fuels
MOTHERSONSamvardhana Motherson International Ltd.Automobile and Auto Components
SONACOMSSona BLW Precision Forgings Ltd.Automobile and Auto Components
SWIGGYSwiggy Ltd.Consumer Services
TMPVTata Motors Passenger Vehicles Ltd.Automobile and Auto Components
TIINDIATube Investments of India Ltd.Automobile and Auto Components

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
NSE Indices has developed the Nifty Mobility Index which aims to track the performance of portfolio of stocks that broadly represent the mobility theme. The largest 30 stocks from eligible basic industries shown in Table 1 below are chosen based on 6 month average 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 Mobility; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Mobility PE ratio?

As of 1 October 2026, the Nifty Mobility PE ratio is 34.33. That is about 25% above its 3-year median of 27.55 and about 9% above its 1-year median of 31.56.

Is the Nifty Mobility undervalued right now?

On a historical basis it screens as moderately overvalued. Its current PE of 34.33 sits above every median window: 1-year (31.56) and 3-year (27.55).

What is a normal PE ratio for the Nifty Mobility?

Over the past three years its median PE has been 27.55, and over the past one year 31.56. Today's 34.33 is toward the upper end of that historical range.

How many stocks are in the Nifty Mobility?

The Nifty Mobility contains 30 stocks. By number of companies, its largest sectors are Automobile and Auto Components (15 stocks), Oil Gas & Consumable Fuels (6 stocks) and Services (5 stocks).

What returns has the Nifty Mobility delivered?

As of September 2026, the Nifty Mobility total return (with dividends reinvested) is -0.23% over the past year and +18.84% 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 Mobility?

Over the year to September 2026, the Nifty Mobility had an annualized volatility (standard deviation of daily returns) of 19.37%. Its beta versus the Nifty 50 is 1.29, meaning it has moved more than the broad market.

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

Across every one-year holding window since 2021, the Nifty Mobility total return has a median of +17.23%, with the best window at +84.93% and the worst at -6.94%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

How fast have Nifty Mobility earnings grown?

Nifty Mobility earnings, measured as the index level divided by its P/E, grew +6.65% a year over the last 3 years, while the index itself moved +17.24% a year and its P/E rose from 25.83 to 34.33. Past growth, not a forecast.

Last updated: 1 October 2026.