Nifty500 Shariah PE Ratio
Valuation Percentile
Nifty500 Shariah's PB is cheaper than 100% of the last 5 years.
The Nifty500 Shariah PE ratio is 27.16 as of 1 October 2026, about 5% below its 5-year median of 28.51, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 28.18 | -3.60% |
| 7 Years | 28.73 | -5.46% |
| 5 Years | 28.51 | -4.74% |
| 3 Years | 30.39 | -10.63% |
| 1 Year | 28.08 | -3.28% |
Historical PE Ratio
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 Shariah earnings grew +8.47% a year over the last 5 years, while the index moved +4.23% a year and its P/E went from 33.1 to 27.2.
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 Shariah
0 ETFs and 1 index fund track this index. Prices and NAVs as of 1 Oct 2026.
Index funds (1)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| UTI Nifty500 Shariah Index Fund | UTI Asset Mgmt. Co. Ltd. | 9.571 Oct 2026 | 2026 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
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Frequently Asked Questions
What is the current Nifty500 Shariah PE ratio?
As of 1 October 2026, the Nifty500 Shariah PE ratio is 27.16. That is about 5% below its 5-year median of 28.51 and about 3% below its 1-year median of 28.08.
Is the Nifty500 Shariah undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 27.16 sits below every median window: 1-year (28.08), 3-year (30.39), 5-year (28.51), 7-year (28.73) and full-history (28.18).
What is a normal PE ratio for the Nifty500 Shariah?
Over the past five years its median PE has been 28.51, and over the past three years 30.39. Today's 27.16 is toward the lower end of that historical range.
How fast have Nifty500 Shariah earnings grown?
Nifty500 Shariah earnings, measured as the index level divided by its P/E, grew +8.47% a year over the last 5 years, while the index itself moved +4.23% a year and its P/E fell from 33.15 to 27.16. Past growth, not a forecast.
Last updated: 1 October 2026.