indexPe

NIFTY500 Value 50 PE Ratio

Slightly OvervaluedStrategyNSELast updated: 20 Aug 2026
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Current PE Ratio
10.40
5Y Median PE
9.55
vs 5Y Median
+8.90%

Valuation Percentile

NIFTY500 Value 50's PB is cheaper than 63% of the last 5 years.

As of 20 Aug 2026 · 5Y daily data (1,240 obs)

The NIFTY500 Value 50 PE ratio is 10.40 as of 20 August 2026, about 9% above its 5-year median of 9.55, which places it in slightly overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
7 Years9.87+5.37%
5 Years9.55+8.90%
3 Years10.36+0.39%
1 Year10.10+2.97%

Historical PE Ratio

Performance and risk

1Y total return
+18.42%
5Y total return (p.a.)
+25.83%
Volatility (1Y std dev)
16.33%
Beta vs Nifty 50 (1Y)
0.96

1-year holding windows since 2005 returned a median of +14.15% (best +188.88%, worst -57.54%).

Today's PE of 10.39 sits in band 3 of 5 of this index's history (PE 9.5 to 10.5). From this band, 5-year forward returns had a median of +32.84% a year and were positive in 100% of windows (75 windows since 2018).

View full performance and risk

Returns as of July 2026, from the NSE factsheet for the NIFTY500 Value 50. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the NIFTY500 Value 50

The NIFTY500 Value 50 contains 50 constituents. Its largest sectors by weight are Financial Services (25.1%) and Oil, Gas & Consumable Fuels (24.9%).

Financial Services: 25.1%Oil, Gas & Consumable Fuels: 24.9%Metals & Mining: 14.9%Power: 12.1%Construction Materials: 5.0%Automobile and Auto Components: 4.9%+7 more sectors
SymbolCompanyIndustryWeight(%)
ONGCOil & Natural Gas Corporation Ltd.Oil Gas & Consumable Fuels5.12
HINDALCOHindalco Industries Ltd.Metals & Mining5.06
SBINState Bank of IndiaFinancial Services5.04
GRASIMGrasim Industries Ltd.Construction Materials5.03
POWERGRIDPower Grid Corporation of India Ltd.Power4.96
NTPCNTPC Ltd.Power4.93
TMPVTata Motors Passenger Vehicles Ltd.Automobile and Auto Components4.93
COALINDIACoal India Ltd.Oil Gas & Consumable Fuels4.75
VEDLVedanta Ltd.Metals & Mining4.74
BPCLBharat Petroleum Corporation Ltd.Oil Gas & Consumable Fuels4.23
AWLAWL Agri Business Ltd.Fast Moving Consumer Goods
ASTERDMAster DM Quality Care Ltd.Healthcare
BANDHANBNKBandhan Bank Ltd.Financial Services
BANKBARODABank of BarodaFinancial Services
BANKINDIABank of IndiaFinancial Services
MAHABANKBank of MaharashtraFinancial Services
CESCCESC Ltd.Power
CANBKCanara BankFinancial Services
CASTROLINDCastrol India Ltd.Oil Gas & Consumable Fuels
CHAMBLFERTChambal Fertilizers & Chemicals Ltd.Chemicals
CHOLAHLDNGCholamandalam Financial Holdings Ltd.Financial Services
CYIENTCyient Ltd.Information Technology
FEDERALBNKFederal Bank Ltd.Financial Services
GAILGAIL (India) Ltd.Oil Gas & Consumable Fuels
GESHIPGreat Eastern Shipping Co. Ltd.Services
HINDPETROHindustan Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
IRBIRB Infrastructure Developers Ltd.Construction
INDIANBIndian BankFinancial Services
IOCIndian Oil Corporation Ltd.Oil Gas & Consumable Fuels
IGLIndraprastha Gas Ltd.Oil Gas & Consumable Fuels
INDUSINDBKIndusInd Bank Ltd.Financial Services
JPPOWERJaiprakash Power Ventures Ltd.Power
KARURVYSYAKarur Vysya Bank Ltd.Financial Services
LICHSGFINLIC Housing Finance Ltd.Financial Services
NCCNCC Ltd.Construction
NMDCNMDC Ltd.Metals & Mining
NATIONALUMNational Aluminium Co. Ltd.Metals & Mining
OILOil India Ltd.Oil Gas & Consumable Fuels
PETRONETPetronet LNG Ltd.Oil Gas & Consumable Fuels
PFCPower Finance Corporation Ltd.Financial Services
PNBPunjab National BankFinancial Services
RBLBANKRBL Bank Ltd.Financial Services
RECLTDREC Ltd.Financial Services
REDINGTONRedington Ltd.Services
RPOWERReliance Power Ltd.Power
SAILSteel Authority of India Ltd.Metals & Mining
TATACHEMTata Chemicals Ltd.Chemicals
UPLUPL Ltd.Chemicals
UNIONBANKUnion Bank of IndiaFinancial Services
ZEELZee Entertainment Enterprises Ltd.Media Entertainment & Publication

Constituent list as of 16 August 2026, sourced from NSE Indices. Weights as of 31 July 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 Nifty500 Value 50 index consists of 50 companies from its parent Nifty 500 index, selected based on their ‘value’ scores.
Rebalanced
Annually. The review of Nifty Dividend Opportunities 50 index is undertaken annually based on data for six months ending January.
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 NIFTY500 Value 50; the PDF is authoritative.

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Frequently Asked Questions

What is the current NIFTY500 Value 50 PE ratio?

As of 20 August 2026, the NIFTY500 Value 50 PE ratio is 10.40. That is about 9% above its 5-year median of 9.55 and about 3% above its 1-year median of 10.10.

Is the NIFTY500 Value 50 undervalued right now?

On a historical basis it screens as slightly overvalued. Its current PE of 10.40 sits above every median window: 1-year (10.10), 3-year (10.36), 5-year (9.55) and 7-year (9.87).

What is a normal PE ratio for the NIFTY500 Value 50?

Over the past five years its median PE has been 9.55, and over the past three years 10.36. Today's 10.40 is toward the upper end of that historical range.

How many stocks are in the NIFTY500 Value 50?

The NIFTY500 Value 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (17 stocks), Oil Gas & Consumable Fuels (10 stocks) and Metals & Mining (5 stocks).

What returns has the NIFTY500 Value 50 delivered?

As of July 2026, the NIFTY500 Value 50 total return (with dividends reinvested) is +18.42% over the past year and +25.83% 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 Value 50?

Over the year to July 2026, the NIFTY500 Value 50 had an annualized volatility (standard deviation of daily returns) of 16.33%. Its beta versus the Nifty 50 is 0.96, meaning it has moved roughly in line with the broad market.

What is a typical one-year return for the NIFTY500 Value 50?

Across every one-year holding window since 2005, the NIFTY500 Value 50 total return has a median of +14.15%, with the best window at +188.88% and the worst at -57.54%. 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 NIFTY500 Value 50 currently trades at a PE of 10.39, in band 3 of 5 of its own PE history. Across 75 overlapping 5-year windows since 2018 that began in this band, the median forward return was +32.84% a year, positive in 100% of windows. A past distribution, not a prediction.

How often is the NIFTY500 Value 50 rebalanced?

The NIFTY500 Value 50 is rebalanced annually. The review of Nifty Dividend Opportunities 50 index is undertaken annually based on data for six months ending January. Details are in the official NSE methodology document.

Last updated: 20 August 2026.