indexPe

Nifty Telecommunications PE Ratio

Fairly ValuedOtherNSELast updated: 1 Oct 2026
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Current PE Ratio
14.56
3M Median PE
15.05
vs 3M Median
-3.26%

Valuation Percentile

Not enough history yet for a percentile.

The Nifty Telecommunications PE ratio is 14.56 as of 1 October 2026, about 3% below its 3-month median of 15.05, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Months15.05-3.26%

Historical PE Ratio

Series start. P/E is published from 15 Jun 2026. Index values go back to 1 Apr 2005.

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 Telecommunications index earnings (EPS, index points)

Earnings growth is annualised from the last trading day at or before the start of each window. 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.

Performance and risk

1Y total return
+37.11%
5Y total return (p.a.)
+11.70%
Volatility (1Y std dev)
20.63%
Beta vs Nifty 50 (1Y)
0.95

View full performance and risk

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

Stocks in the Nifty Telecommunications

The Nifty Telecommunications contains 13 constituents.

Telecommunication: 13
SymbolCompanyIndustryWeight(%)
BHARTIARTLBharti Airtel Ltd.Telecommunication22.80
INDUSTOWERIndus Towers Ltd.Telecommunication21.21
IDEAVodafone Idea Ltd.Telecommunication15.74
STLTECHSterlite Technologies Ltd.Telecommunication11.75
HFCLHFCL Ltd.Telecommunication10.26
TATACOMMTata Communications Ltd.Telecommunication8.59
BHARTIHEXABharti Hexacom Ltd.Telecommunication4.73
TEJASNETTejas Networks Ltd.Telecommunication1.78
ITIITI Ltd.Telecommunication1.05
RAILTELRailtel Corporation Of India Ltd.Telecommunication1.02
OPTIEMUSOptiemus Infracom Ltd.Telecommunication
ROUTERoute Mobile Ltd.Telecommunication
TTMLTata Teleservices (Maharashtra) Ltd.Telecommunication

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
Nifty Telecommunications aims to track the performance of stocks from the Telecommunications sector within the Nifty Total Market index.
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 Telecommunications; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Telecommunications PE ratio?

As of 1 October 2026, the Nifty Telecommunications PE ratio is 14.56. That is about 3% below its 3-month median of 15.05.

What is a normal PE ratio for the Nifty Telecommunications?

Over the past three months its median PE has been 15.05, compared with today's 14.56.

How many stocks are in the Nifty Telecommunications?

The Nifty Telecommunications contains 13 stocks. By number of companies, its largest sectors are Telecommunication (13 stocks).

What returns has the Nifty Telecommunications delivered?

As of September 2026, the Nifty Telecommunications total return (with dividends reinvested) is +37.11% over the past year and +11.70% 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 Telecommunications?

Over the year to September 2026, the Nifty Telecommunications had an annualized volatility (standard deviation of daily returns) of 20.63%. Its beta versus the Nifty 50 is 0.95, meaning it has moved roughly in line with the broad market.

How often is the Nifty Telecommunications rebalanced?

The Nifty Telecommunications 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.