indexPe

Nifty Rural PE Ratio

Fairly ValuedThematicNSELast updated: 20 Aug 2026
Select Metric:
Current PE Ratio
23.59
1Y Median PE
25.47
vs 1Y Median
-7.38%

Valuation Percentile

Nifty Rural's PB is cheaper than 99% of the last year.

Not enough history for a 5Y percentile, showing 1Y instead.

As of 20 Aug 2026 ยท 1Y daily data (246 obs)

The Nifty Rural PE ratio is 23.59 as of 20 August 2026, about 7% below its 1-year median of 25.47, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
1 Year25.47-7.38%

Historical PE Ratio

Performance and risk

1Y total return
+7.36%
5Y total return (p.a.)
+14.48%
Volatility (1Y std dev)
15.08%
Beta vs Nifty 50 (1Y)
1.05

1-year holding windows since 2005 returned a median of +13.47% (best +99.48%, worst -54.41%).

View full performance and risk

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

Stocks in the Nifty Rural

The Nifty Rural contains 75 constituents. Its largest sectors by weight are Financial Services (24.9%) and Automobile and Auto Components (19.1%).

Financial Services: 24.9%Automobile and Auto Components: 19.1%Fast Moving Consumer Goods: 16.4%Telecommunication: 11.3%Power: 8.7%Construction Materials: 7.0%+4 more sectors
SymbolCompanyIndustryWeight(%)
BHARTIARTLBharti Airtel Ltd.Telecommunication10.20
SBINState Bank of IndiaFinancial Services6.87
M&MMahindra & Mahindra Ltd.Automobile and Auto Components5.82
ITCITC Ltd.Fast Moving Consumer Goods5.20
BAJFINANCEBajaj Finance Ltd.Financial Services4.95
HINDUNILVRHindustan Unilever Ltd.Fast Moving Consumer Goods3.58
MARUTIMaruti Suzuki India Ltd.Automobile and Auto Components3.56
NTPCNTPC Ltd.Power3.16
ULTRACEMCOUltraTech Cement Ltd.Construction Materials2.70
BAJAJ-AUTOBajaj Auto Ltd.Automobile and Auto Components2.45
ACCACC Ltd.Construction Materials
ADANIGREENAdani Green Energy Ltd.Power
ADANIPOWERAdani Power Ltd.Power
AMBUJACEMAmbuja Cements Ltd.Construction Materials
ASHOKLEYAshok Leyland Ltd.Capital Goods
ASIANPAINTAsian Paints Ltd.Consumer Durables
ASTRALAstral Ltd.Capital Goods
BANDHANBNKBandhan Bank Ltd.Financial Services
BANKBARODABank of BarodaFinancial Services
BANKINDIABank of IndiaFinancial Services
BERGEPAINTBerger Paints India Ltd.Consumer Durables
BLUESTARCOBlue Star Ltd.Consumer Durables
BRITANNIABritannia Industries Ltd.Fast Moving Consumer Goods
CHOLAFINCholamandalam Investment and Finance Company Ltd.Financial Services
COLPALColgate Palmolive (India) Ltd.Fast Moving Consumer Goods
COROMANDELCoromandel International Ltd.Chemicals
CROMPTONCrompton Greaves Consumer Electricals Ltd.Consumer Durables
CUMMINSINDCummins India Ltd.Capital Goods
DABURDabur India Ltd.Fast Moving Consumer Goods
DALBHARATDalmia Bharat Ltd.Construction Materials
DIXONDixon Technologies (India) Ltd.Consumer Durables
EICHERMOTEicher Motors Ltd.Automobile and Auto Components
ESCORTSEscorts Kubota Ltd.Capital Goods
GODREJCPGodrej Consumer Products Ltd.Fast Moving Consumer Goods
GRASIMGrasim Industries Ltd.Construction Materials
HDFCLIFEHDFC Life Insurance Company Ltd.Financial Services
HAVELLSHavells India Ltd.Consumer Durables
HEROMOTOCOHero MotoCorp Ltd.Automobile and Auto Components
HYUNDAIHyundai Motor India Ltd.Automobile and Auto Components
ICICIPRULIICICI Prudential Life Insurance Company Ltd.Financial Services
INDIANBIndian BankFinancial Services
IRCTCIndian Railway Catering And Tourism Corporation Ltd.Consumer Services
JKCEMENTJ.K. Cement Ltd.Construction Materials
JSWENERGYJSW Energy Ltd.Power
LTFL&T Finance Ltd.Financial Services
LICHSGFINLIC Housing Finance Ltd.Financial Services
LICILife Insurance Corporation of IndiaFinancial Services
M&MFINMahindra & Mahindra Financial Services Ltd.Financial Services
MARICOMarico Ltd.Fast Moving Consumer Goods
MFSLMax Financial Services Ltd.Financial Services
MUTHOOTFINMuthoot Finance Ltd.Financial Services
NHPCNHPC Ltd.Power
NESTLEINDNestle India Ltd.Fast Moving Consumer Goods
PIINDPI Industries Ltd.Chemicals
PNBHOUSINGPNB Housing Finance Ltd.Financial Services
PATANJALIPatanjali Foods Ltd.Fast Moving Consumer Goods
PIRAMALFINPiramal Finance Ltd.Financial Services
POONAWALLAPoonawalla Fincorp Ltd.Financial Services
PNBPunjab National BankFinancial Services
SBICARDSBI Cards and Payment Services Ltd.Financial Services
SBILIFESBI Life Insurance Company Ltd.Financial Services
SHREECEMShree Cement Ltd.Construction Materials
SHRIRAMFINShriram Finance Ltd.Financial Services
SUNDARMFINSundaram Finance Ltd.Financial Services
SUPREMEINDSupreme Industries Ltd.Capital Goods
TVSMOTORTVS Motor Company Ltd.Automobile and Auto Components
TATACOMMTata Communications Ltd.Telecommunication
TATACONSUMTata Consumer Products Ltd.Fast Moving Consumer Goods
TMCVTata Motors Ltd.Capital Goods
TMPVTata Motors Passenger Vehicles Ltd.Automobile and Auto Components
TATAPOWERTata Power Co. Ltd.Power
TORNTPOWERTorrent Power Ltd.Power
UPLUPL Ltd.Chemicals
IDEAVodafone Idea Ltd.Telecommunication
VOLTASVoltas Ltd.Consumer Durables

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 index is designed to reflect the behaviour and performance of portfolio of stocks that represent the rural theme. A comprehensive list of basic industries eligible to be included in this index can be accessed in a separate section in this document {Click Here}.
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 Rural; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Rural PE ratio?

As of 20 August 2026, the Nifty Rural PE ratio is 23.59. That is about 7% below its 1-year median of 25.47.

Is the Nifty Rural undervalued right now?

On a historical basis it screens as fairly valued. Its current PE of 23.59 sits below every median window: 1-year (25.47).

What is a normal PE ratio for the Nifty Rural?

Over the past one year its median PE has been 25.47, and over the past six months 24.21. Today's 23.59 is toward the lower end of that historical range.

How many stocks are in the Nifty Rural?

The Nifty Rural contains 75 stocks. By number of companies, its largest sectors are Financial Services (23 stocks), Fast Moving Consumer Goods (10 stocks) and Automobile and Auto Components (8 stocks).

What returns has the Nifty Rural delivered?

As of July 2026, the Nifty Rural total return (with dividends reinvested) is +7.36% over the past year and +14.48% 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 Rural?

Over the year to July 2026, the Nifty Rural had an annualized volatility (standard deviation of daily returns) of 15.08%. Its beta versus the Nifty 50 is 1.05, meaning it has moved roughly in line with the broad market.

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

Across every one-year holding window since 2005, the Nifty Rural total return has a median of +13.47%, with the best window at +99.48% and the worst at -54.41%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 20 August 2026.