Nifty Private Bank PE Ratio
Valuation Percentile
Nifty Private Bank's PB is cheaper than 99% of the last 5 years.
The Nifty Private Bank PE ratio is 17.11 as of 20 August 2026, about 4% below its 5-year median of 17.89, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 19.95 | -14.24% |
| 7 Years | 18.64 | -8.21% |
| 5 Years | 17.89 | -4.36% |
| 3 Years | 17.07 | +0.23% |
| 1 Year | 18.43 | -7.14% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2005 returned a median of +15.69% (best +232.99%, worst -63.46%).
View full performance and risk
Returns as of July 2026, from the NSE factsheet for the Nifty Private Bank. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Private Bank
The Nifty Private Bank contains 10 constituents.
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 Private Bank Index is designed to reflect the behavior and performance of the banks from private sector.
- Rebalanced
- Semi-annually. The review of sectoral indices is undertaken semi-annually based on data for six months ending January and July.
- Weight cap
- In the case of Nifty Private Bank index, the weight of each stock is capped at 23%
Summarised from NSE's official methodology document (PDF) for the Nifty Private Bank; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty Private Bank PE ratio?
As of 20 August 2026, the Nifty Private Bank PE ratio is 17.11. That is about 4% below its 5-year median of 17.89 and about 7% below its 1-year median of 18.43.
Is the Nifty Private Bank undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 17.11 compares with its historical medians: 1-year (18.43), 3-year (17.07), 5-year (17.89), 7-year (18.64) and full-history (19.95).
What is a normal PE ratio for the Nifty Private Bank?
Over the past five years its median PE has been 17.89, and over the past three years 17.07. Today's 17.11 is toward the lower end of that historical range.
How many stocks are in the Nifty Private Bank?
The Nifty Private Bank contains 10 stocks. By number of companies, its largest sectors are Financial Services (10 stocks).
What returns has the Nifty Private Bank delivered?
As of July 2026, the Nifty Private Bank total return (with dividends reinvested) is +2.21% over the past year and +9.59% 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 Private Bank?
Over the year to July 2026, the Nifty Private Bank had an annualized volatility (standard deviation of daily returns) of 16.43%. Its beta versus the Nifty 50 is 1.11, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty Private Bank?
Across every one-year holding window since 2005, the Nifty Private Bank total return has a median of +15.69%, with the best window at +232.99% and the worst at -63.46%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
How often is the Nifty Private Bank rebalanced?
The Nifty Private Bank 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.