Nifty500 Healthcare PE Ratio
Valuation Percentile
Nifty500 Healthcare's PB is cheaper than 82% of the last year.
Not enough history for a 5Y percentile, showing 1Y instead.
The Nifty500 Healthcare PE ratio is 45.07 as of 1 October 2026, about 12% above its 1-year median of 40.11, which places it in slightly overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 1 Year | 40.11 | +12.38% |
Historical PE Ratio
Series start. P/E is published from 24 Jun 2025. 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.
Nifty500 Healthcare earnings grew -0.46% a year over the last 1 year, while the index moved +13.10% a year and its P/E went from 39.7 to 45.1.
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 Nifty500 Healthcare
1 ETF and 0 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (1)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| Mirae Asset Nifty 500 Healthcare ETF | HEALTHCARE | 21.08 | - | - | - |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty500 Healthcare. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty500 Healthcare
The Nifty500 Healthcare contains 48 constituents.
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
- The index aims to track the performance of stocks from the Nifty 500 Index which represent Healthcare sector. The largest 50 stocks from eligible basic industries are selected based on a 6-month average free float market capitalization from the Nifty 500.
- 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 Nifty500 Healthcare; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty500 Healthcare PE ratio?
As of 1 October 2026, the Nifty500 Healthcare PE ratio is 45.07. That is about 12% above its 1-year median of 40.11.
Is the Nifty500 Healthcare undervalued right now?
On a historical basis it screens as slightly overvalued. Its current PE of 45.07 sits above every median window: 1-year (40.11).
What is a normal PE ratio for the Nifty500 Healthcare?
Over the past one year its median PE has been 40.11, and over the past six months 44.55. Today's 45.07 is toward the upper end of that historical range.
How many stocks are in the Nifty500 Healthcare?
The Nifty500 Healthcare contains 48 stocks. By number of companies, its largest sectors are Healthcare (48 stocks).
What returns has the Nifty500 Healthcare delivered?
As of September 2026, the Nifty500 Healthcare total return (with dividends reinvested) is +15.18% over the past year and +13.44% 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 Nifty500 Healthcare?
Over the year to September 2026, the Nifty500 Healthcare had an annualized volatility (standard deviation of daily returns) of 13.08%. Its beta versus the Nifty 50 is 0.57, meaning it has moved less than the broad market.
How fast have Nifty500 Healthcare earnings grown?
Nifty500 Healthcare earnings, measured as the index level divided by its P/E, grew -0.46% a year over the last 1 year, while the index itself moved +13.10% a year and its P/E rose from 39.67 to 45.07. Past growth, not a forecast.
How often is the Nifty500 Healthcare rebalanced?
The Nifty500 Healthcare 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.