Nifty Oil & Gas PE Ratio
Valuation Percentile
Nifty Oil & Gas's PB is cheaper than 100% of the last 5 years.
The Nifty Oil & Gas PE ratio is 10.83 as of 11 September 2026, about 1% below its 5-year median of 10.91, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 5 Years | 10.91 | -0.69% |
| 3 Years | 11.11 | -2.48% |
| 1 Year | 10.65 | +1.69% |
Historical PE Ratio
Stocks in the Nifty Oil & Gas
The Nifty Oil & Gas contains 15 constituents.
Constituent list as of 13 September 2026, sourced from NSE Indices.
How this index works
- Selection
- The index aims to reflect the performance of stocks belonging to industries such as oil, gas and petroleum products 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 Oil & Gas; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty Oil & Gas PE ratio?
As of 11 September 2026, the Nifty Oil & Gas PE ratio is 10.83. That is about 1% below its 5-year median of 10.91 and about 2% above its 1-year median of 10.65.
Is the Nifty Oil & Gas undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 10.83 compares with its historical medians: 1-year (10.65), 3-year (11.11) and 5-year (10.91).
What is a normal PE ratio for the Nifty Oil & Gas?
Over the past five years its median PE has been 10.91, and over the past three years 11.11. Today's 10.83 is toward the upper end of that historical range.
How many stocks are in the Nifty Oil & Gas?
The Nifty Oil & Gas contains 15 stocks. By number of companies, its largest sectors are Oil Gas & Consumable Fuels (15 stocks).
How often is the Nifty Oil & Gas rebalanced?
The Nifty Oil & Gas 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: 11 September 2026.