indexPe

Nifty REITs & InvITs PE Ratio

Significantly OvervaluedThematicNSELast updated: 20 Aug 2026
Select Metric:
Current PE Ratio
51.30
3Y Median PE
30.70
vs 3Y Median
+67.10%

Valuation Percentile

Nifty REITs & InvITs's PB is more expensive than 98% of the last 3 years.

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

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

The Nifty REITs & InvITs PE ratio is 51.30 as of 20 August 2026, about 67% above its 3-year median of 30.70, which places it in significantly overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Years30.70+67.10%
1 Year41.58+23.39%

Historical PE Ratio

Performance and risk

1Y total return
+18.80%
5Y total return (p.a.)
+12.73%
Volatility (1Y std dev)
8.41%
Beta vs Nifty 50 (1Y)
0.20

1-year holding windows since 2019 returned a median of +16.24% (best +49.73%, worst -8.35%).

View full performance and risk

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

Stocks in the Nifty REITs & InvITs

The Nifty REITs & InvITs contains 13 constituents. Its largest sectors by weight are Realty (69.3%) and Power (16.6%).

Realty: 69.3%Power: 16.6%Services: 11.5%Construction: 2.6%
SymbolCompanyIndustryWeight(%)
EMBASSYEMBASSY OFFICE PARKS REITRealty25.84
BIRETBrookfield India Real Estate TrustRealty15.42
NXSTNexus Select TrustRealty13.26
INDIGRIDIndiGrid Infrastructure TrustPower11.37
KRTKnowledge Realty TrustRealty7.60
MINDSPACEMINDSPACE BUSINESS PARKS REITRealty7.20
PGINVITPOWERGRID Infrastructure Investment TrustPower5.19
IRBINVITIRB INVIT FUNDServices4.46
RIITRaajmarg Infra Investment TrustServices3.22
INDUSINVITIndus Infra TrustServices2.25
ANANTAMAnantam Highways TrustConstruction
CAPINVITCapital Infra TrustConstruction
CITIUSINVTCitius TransNet Investment TrustServices

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
Introduction Nifty REITs & InvITs index aims to track the performance of REITs and InvITs that are publicly listed and traded (listed and traded or not listed but permitted to trade) at the National Stock Exchange.
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 REITs & InvITs; the PDF is authoritative.

Stay Updated

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

Similar Indices

Nifty Capital MarketsNifty CommoditiesNifty Conglomerate 50Nifty Core HousingNifty CPSE

Frequently Asked Questions

What is the current Nifty REITs & InvITs PE ratio?

As of 20 August 2026, the Nifty REITs & InvITs PE ratio is 51.30. That is about 67% above its 3-year median of 30.70 and about 23% above its 1-year median of 41.58.

Is the Nifty REITs & InvITs undervalued right now?

On a historical basis it screens as significantly overvalued. Its current PE of 51.30 sits above every median window: 1-year (41.58) and 3-year (30.70).

What is a normal PE ratio for the Nifty REITs & InvITs?

Over the past three years its median PE has been 30.70, and over the past one year 41.58. Today's 51.30 is toward the upper end of that historical range.

How many stocks are in the Nifty REITs & InvITs?

The Nifty REITs & InvITs contains 13 stocks. By number of companies, its largest sectors are Realty (5 stocks), Services (4 stocks) and Construction (2 stocks).

What returns has the Nifty REITs & InvITs delivered?

As of July 2026, the Nifty REITs & InvITs total return (with dividends reinvested) is +18.80% over the past year and +12.73% 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 REITs & InvITs?

Over the year to July 2026, the Nifty REITs & InvITs had an annualized volatility (standard deviation of daily returns) of 8.41%. Its beta versus the Nifty 50 is 0.20, meaning it has moved less than the broad market.

What is a typical one-year return for the Nifty REITs & InvITs?

Across every one-year holding window since 2019, the Nifty REITs & InvITs total return has a median of +16.24%, with the best window at +49.73% and the worst at -8.35%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 20 August 2026.