NIFTY SME EMERGE PE Ratio

Valuation Percentile

Recent changes

16 August 2026: Removed Annapurna Swadisht Ltd., Dollex Agrotech Ltd..

9 August 2026: Added Visdem Technosys Ltd.. Removed Kundan Edifice Ltd..

2 August 2026: Removed Swaraj Suiting Ltd..

What is the current NIFTY SME EMERGE PE ratio?

As of 20 August 2026, the NIFTY SME EMERGE PE ratio is 22.34. That is about 61% below its 5-year median of 56.63 and about 3% below its 1-year median of 22.93.

Is the NIFTY SME EMERGE undervalued right now?

On a historical basis it screens as significantly undervalued. Its current PE of 22.34 sits below every median window: 1-year (22.93), 3-year (48.52), 5-year (56.63), 7-year (52.49) and full-history (34.03).

What is a normal PE ratio for the NIFTY SME EMERGE?

Over the past five years its median PE has been 56.63, and over the past three years 48.52. Today's 22.34 is toward the lower end of that historical range.

How many stocks are in the NIFTY SME EMERGE?

The NIFTY SME EMERGE contains 529 stocks. By number of companies, its largest sectors are Capital Goods (128 stocks), Services (64 stocks) and Consumer Durables (36 stocks).

What returns has the NIFTY SME EMERGE delivered?

As of July 2026, the NIFTY SME EMERGE total return (with dividends reinvested) is -7.81% over the past year and +38.43% 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 SME EMERGE?

Over the year to July 2026, the NIFTY SME EMERGE had an annualized volatility (standard deviation of daily returns) of 16.53%. Its beta versus the Nifty 50 is 0.85, meaning it has moved less than the broad market.

What is a typical one-year return for the NIFTY SME EMERGE?

Across every one-year holding window since 2016, the NIFTY SME EMERGE total return has a median of +43.15%, with the best window at +166.60% and the worst at -30.88%. Based on NSE Total Returns Index data; a past distribution, not a prediction.