Nifty100 Liquid 15 PE Ratio
Valuation Percentile
Nifty100 Liquid 15's PB is cheaper than 90% of the last 5 years.
The Nifty100 Liquid 15 PE ratio is 20.50 as of 1 October 2026, about 1% below its 5-year median of 20.79, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 21.34 | -3.96% |
| 10 Years | 22.66 | -9.53% |
| 7 Years | 22.38 | -8.40% |
| 5 Years | 20.79 | -1.39% |
| 3 Years | 22.37 | -8.36% |
| 1 Year | 23.45 | -12.60% |
Historical PE Ratio
Series start. P/E is published from 8 Jul 2013. Index values go back to 1 Jan 2009.
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.
Nifty100 Liquid 15 earnings grew +12.88% a year over the last 5 years, while the index moved +9.32% a year and its P/E went from 24.1 to 20.5.
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.
Performance and risk
1-year holding windows since 2013 returned a median of +8.65% (best +91.78%, worst -51.62%).
Today's PE of 20.50 sits in band 3 of 5 of this index's history (PE 20.4 to 22.7). From this band, 5-year forward returns had a median of +3.68% a year and were positive in 78% of windows (423 windows since 2013).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty100 Liquid 15. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty100 Liquid 15
The Nifty100 Liquid 15 contains 15 constituents. Its largest sectors by weight are Financial Services (32.4%) and Information Technology (16.5%).
Recent changes
4 October 2026: Added Infosys Ltd., Tata Consultancy Services Ltd.. Removed Bharat Electronics Ltd., Maruti Suzuki India Ltd..
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
- Introduction Nifty100 Liquid 15 Index is designed to provide exposure to the liquid stocks while making the index easily replicable and tradable. All the index constituents have derivatives traded on them. The maximum weight of a single stock is capped at 15%.
- 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 Nifty100 Liquid 15; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty100 Liquid 15 PE ratio?
As of 1 October 2026, the Nifty100 Liquid 15 PE ratio is 20.50. That is about 1% below its 5-year median of 20.79 and about 13% below its 1-year median of 23.45.
Is the Nifty100 Liquid 15 undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 20.50 sits below every median window: 1-year (23.45), 3-year (22.37), 5-year (20.79), 7-year (22.38), 10-year (22.66) and full-history (21.34).
What is a normal PE ratio for the Nifty100 Liquid 15?
Over the past five years its median PE has been 20.79, and over the past three years 22.37. Today's 20.50 is toward the lower end of that historical range.
How many stocks are in the Nifty100 Liquid 15?
The Nifty100 Liquid 15 contains 15 stocks. By number of companies, its largest sectors are Computers - Software & Consulting (2 stocks), Non Banking Financial Company (NBFC) (2 stocks) and Aerospace & Defense (1 stock).
What returns has the Nifty100 Liquid 15 delivered?
As of September 2026, the Nifty100 Liquid 15 total return (with dividends reinvested) is +0.45% over the past year and +10.44% 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 Nifty100 Liquid 15?
Over the year to September 2026, the Nifty100 Liquid 15 had an annualized volatility (standard deviation of daily returns) of 16.17%. Its beta versus the Nifty 50 is 1.12, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty100 Liquid 15?
Across every one-year holding window since 2013, the Nifty100 Liquid 15 total return has a median of +8.65%, with the best window at +91.78% and the worst at -51.62%. 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 Nifty100 Liquid 15 currently trades at a PE of 20.50, in band 3 of 5 of its own PE history. Across 423 overlapping 5-year windows since 2013 that began in this band, the median forward return was +3.68% a year, positive in 78% of windows. A past distribution, not a prediction.
How fast have Nifty100 Liquid 15 earnings grown?
Nifty100 Liquid 15 earnings, measured as the index level divided by its P/E, grew +12.88% a year over the last 5 years, while the index itself moved +9.32% a year and its P/E fell from 24.06 to 20.50. Past growth, not a forecast.
Last updated: 1 October 2026.