Nifty50 Value 20 PE Ratio
Valuation Percentile
Nifty50 Value 20's PB is cheaper than 100% of the last 5 years.
The Nifty50 Value 20 PE ratio is 13.94 as of 1 October 2026, about 20% below its 5-year median of 17.36, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 17.19 | -18.91% |
| 10 Years | 18.09 | -22.96% |
| 7 Years | 17.78 | -21.60% |
| 5 Years | 17.36 | -19.70% |
| 3 Years | 17.20 | -18.95% |
| 1 Year | 16.16 | -13.74% |
Historical PE Ratio
Series start. P/E is published from 28 Mar 2014. 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.
Nifty50 Value 20 earnings grew +14.80% a year over the last 5 years, while the index moved +4.16% a year and its P/E went from 22.7 to 13.9.
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.
Ways to invest in Nifty50 Value 20
4 ETFs and 2 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (4)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| ICICI Prudential Nifty50 Value 20 ETF | NV20IETF | 12.88 | - | - | -11.24% |
| Nippon India ETF Nifty 50 Value 20 | NV20BEES | 136.5 | - | - | -10.95% |
| HDFC NIFTY50 VALUE 20 ETF | HDFCVALUE | 119.5 | - | - | -11.13% |
| Kotak Nifty 50 Value 20 ETF | NV20 | 13.11 | - | - | - |
Index funds (2)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| Nippon India Nifty 50 Value 20 Index Fund | Nippon Life India Asset Management Limited | 16.571 Oct 2026 | 2021 |
| ICICI Prudential Nifty50 Value 20 Index Fund | ICICI Prudential Asset Management Company Limited | 9.491 Oct 2026 | 2024 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
1-year holding windows since 2014 returned a median of +12.00% (best +93.96%, worst -26.54%).
Today's PE of 13.94 sits in band 1 of 5 of this index's history (PE below 15.9). From this band, 5-year forward returns had a median of +18.85% a year and were positive in 100% of windows (462 windows since 2014).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty50 Value 20. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty50 Value 20
The Nifty50 Value 20 contains 20 constituents. Its largest sectors by weight are Financial Services (45.6%) and Oil, Gas & Consumable Fuels (19.7%).
Recent changes
4 October 2026: Added Dr. Reddy's Laboratories Ltd.. Removed Wipro 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
- Universe
- • The company must be domiciled in India and traded (listed & traded and not listed but permitted to trade) at the National Stock Exchange (NSE) are eligible for inclusion in the Nifty indices • Convertible stock, bonds, warrants, rights, and preferred stock that provide a guaranteed fixed return,
- Selection
- Introduction: The Nifty50 Value 20 Index is designed to reflect the behaviour and performance of a diversified portfolio of value companies forming a part of Nifty 50 Index. It consists of the most liquid value blue chip companies.
- Rebalanced
- Quarterly
- Weight cap
- The month over month change in allocation to equity component (Nifty 50 TR, excluding arbitrage component) by asset allocation model at the time of rebalancing is capped at 10%
Summarised from NSE's official methodology document (PDF) for the Nifty50 Value 20; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty50 Value 20 PE ratio?
As of 1 October 2026, the Nifty50 Value 20 PE ratio is 13.94. That is about 20% below its 5-year median of 17.36 and about 14% below its 1-year median of 16.16.
Is the Nifty50 Value 20 undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 13.94 sits below every median window: 1-year (16.16), 3-year (17.20), 5-year (17.36), 7-year (17.78), 10-year (18.09) and full-history (17.19).
What is a normal PE ratio for the Nifty50 Value 20?
Over the past five years its median PE has been 17.36, and over the past three years 17.20. Today's 13.94 is toward the lower end of that historical range.
How many stocks are in the Nifty50 Value 20?
The Nifty50 Value 20 contains 20 stocks. By number of companies, its largest sectors are Financial Services (6 stocks), Information Technology (3 stocks) and Oil Gas & Consumable Fuels (3 stocks).
What returns has the Nifty50 Value 20 delivered?
As of September 2026, the Nifty50 Value 20 total return (with dividends reinvested) is -9.51% over the past year and +6.20% 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 Nifty50 Value 20?
Over the year to September 2026, the Nifty50 Value 20 had an annualized volatility (standard deviation of daily returns) of 12.16%. Its beta versus the Nifty 50 is 0.83, meaning it has moved less than the broad market.
What is a typical one-year return for the Nifty50 Value 20?
Across every one-year holding window since 2014, the Nifty50 Value 20 total return has a median of +12.00%, with the best window at +93.96% and the worst at -26.54%. 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 Nifty50 Value 20 currently trades at a PE of 13.94, in band 1 of 5 of its own PE history. Across 462 overlapping 5-year windows since 2014 that began in this band, the median forward return was +18.85% a year, positive in 100% of windows. A past distribution, not a prediction.
How fast have Nifty50 Value 20 earnings grown?
Nifty50 Value 20 earnings, measured as the index level divided by its P/E, grew +14.80% a year over the last 5 years, while the index itself moved +4.16% a year and its P/E fell from 22.67 to 13.94. Past growth, not a forecast.
How often is the Nifty50 Value 20 rebalanced?
The Nifty50 Value 20 is rebalanced quarterly. Details are in the official NSE methodology document.
Last updated: 1 October 2026.