Nifty Realty PE Ratio
Valuation Percentile
Nifty Realty's PB is cheaper than 72% of the last 5 years.
The Nifty Realty PE ratio is 35.36 as of 1 October 2026, about 25% below its 5-year median of 46.97, which places it in significantly undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 38.67 | -8.56% |
| 15 Years | 40.74 | -13.21% |
| 10 Years | 49.11 | -27.99% |
| 7 Years | 46.88 | -24.57% |
| 5 Years | 46.97 | -24.72% |
| 3 Years | 45.67 | -22.57% |
| 1 Year | 37.80 | -6.46% |
Historical PE Ratio
Series start. P/E is published from 30 Aug 2007. Index values go back to 29 Dec 2006.
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 Realty earnings grew +28.16% a year over the last 5 years, while the index moved +10.54% a year and its P/E went from 74.1 to 35.4.
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.
Ways to invest in Nifty Realty
2 ETFs and 3 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (2)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| Motilal Oswal Nifty Realty ETF | MOREALTY | 84.75 | - | - | -4.03% |
| Groww Nifty Realty ETF | GROWWRLTY | 9.4 | - | - | - |
Index funds (3)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| HDFC NIFTY Realty Index Fund | HDFC Asset Management Company Limited | 9.381 Oct 2026 | 2024 |
| Tata Nifty Realty Index Fund | Tata Asset Management Private Limited | 8.581 Oct 2026 | 2024 |
| Nippon India Nifty Realty Index Fund | Nippon Life India Asset Management Limited | 7.741 Oct 2026 | 2024 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
1-year holding windows since 2007 returned a median of -2.57% (best +176.34%, worst -87.90%).
Today's PE of 35.36 sits in band 3 of 5 of this index's history (PE 33.7 to 42.6). From this band, 5-year forward returns had a median of +7.40% a year and were positive in 68% of windows (517 windows since 2007).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty Realty. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Realty
The Nifty Realty contains 10 constituents.
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
- The Nifty Realty Index is designed to reflect the behavior and performance of the companies that are engaged into construction of residential & commercial real estate properties.
- 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 Realty; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty Realty PE ratio?
As of 1 October 2026, the Nifty Realty PE ratio is 35.36. That is about 25% below its 5-year median of 46.97 and about 6% below its 1-year median of 37.80.
Is the Nifty Realty undervalued right now?
On a historical basis it screens as significantly undervalued. Its current PE of 35.36 sits below every median window: 1-year (37.80), 3-year (45.67), 5-year (46.97), 7-year (46.88), 10-year (49.11), 15-year (40.74) and full-history (38.67).
What is a normal PE ratio for the Nifty Realty?
Over the past five years its median PE has been 46.97, and over the past three years 45.67. Today's 35.36 is toward the lower end of that historical range.
How many stocks are in the Nifty Realty?
The Nifty Realty contains 10 stocks. By number of companies, its largest sectors are Realty (10 stocks).
What returns has the Nifty Realty delivered?
As of September 2026, the Nifty Realty total return (with dividends reinvested) is -1.88% over the past year and +10.91% 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 Realty?
Over the year to September 2026, the Nifty Realty had an annualized volatility (standard deviation of daily returns) of 26.61%. Its beta versus the Nifty 50 is 1.55, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty Realty?
Across every one-year holding window since 2007, the Nifty Realty total return has a median of -2.57%, with the best window at +176.34% and the worst at -87.90%. 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 Realty currently trades at a PE of 35.36, in band 3 of 5 of its own PE history. Across 517 overlapping 5-year windows since 2007 that began in this band, the median forward return was +7.40% a year, positive in 68% of windows. A past distribution, not a prediction.
How fast have Nifty Realty earnings grown?
Nifty Realty earnings, measured as the index level divided by its P/E, grew +28.16% a year over the last 5 years, while the index itself moved +10.54% a year and its P/E fell from 74.12 to 35.36. Past growth, not a forecast.
How often is the Nifty Realty rebalanced?
The Nifty Realty 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: 1 October 2026.