NIFTY500 Value 50 PE Ratio
Valuation Percentile
NIFTY500 Value 50's PB is cheaper than 78% of the last 5 years.
The NIFTY500 Value 50 PE ratio is 9.76 as of 1 October 2026, about 0% above its 5-year median of 9.74, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 10.06 | -2.98% |
| 7 Years | 9.92 | -1.61% |
| 5 Years | 9.74 | +0.21% |
| 3 Years | 10.38 | -5.97% |
| 1 Year | 10.11 | -3.41% |
Historical PE Ratio
Series start. P/E is published from 28 Sept 2018. 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 Value 50 earnings grew +16.42% a year over the last 5 years, while the index moved +19.57% a year and its P/E went from 8.5 to 9.8.
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 Value 50
2 ETFs and 3 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (2)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| Axis Nifty500 Value 50 ETF | VALUEAXIS | 31.23 | - | - | - |
| Mirae Asset Nifty 500 Value 50 ETF | VALUE | 15.13 | - | - | - |
Index funds (3)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| UTI Nifty 500 Value 50 Index Fund | UTI Asset Mgmt. Co. Ltd. | 20.861 Oct 2026 | 2023 |
| Axis Nifty500 Value 50 Index Fund | Axis Asset Management Co. Ltd. | 10.741 Oct 2026 | 2024 |
| Bandhan Nifty 500 Value 50 Index Fund | Bandhan AMC Limited | 10.611 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 2018 returned a median of +19.80% (best +140.94%, worst -51.13%).
Today's PE of 9.76 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 +33.18% a year and were positive in 100% of windows (65 windows since 2018).
View full performance and risk
Returns as of September 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 Oil, Gas & Consumable Fuels (25.4%) and Financial Services (24.4%).
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 Nifty500 Value 50 index consists of 50 companies from its parent Nifty 500 index, selected based on their ‘value’ scores.
- 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 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 1 October 2026, the NIFTY500 Value 50 PE ratio is 9.76. That is about 0% above its 5-year median of 9.74 and about 3% below its 1-year median of 10.11.
Is the NIFTY500 Value 50 undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 9.76 compares with its historical medians: 1-year (10.11), 3-year (10.38), 5-year (9.74), 7-year (9.92) and full-history (10.06).
What is a normal PE ratio for the NIFTY500 Value 50?
Over the past five years its median PE has been 9.74, and over the past three years 10.38. Today's 9.76 is toward the lower 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 September 2026, the NIFTY500 Value 50 total return (with dividends reinvested) is +6.89% over the past year and +22.26% 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 September 2026, the NIFTY500 Value 50 had an annualized volatility (standard deviation of daily returns) of 16.04%. Its beta versus the Nifty 50 is 0.93, meaning it has moved less than the broad market.
What is a typical one-year return for the NIFTY500 Value 50?
Across every one-year holding window since 2018, the NIFTY500 Value 50 total return has a median of +19.80%, with the best window at +140.94% and the worst at -51.13%. 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 9.76, in band 3 of 5 of its own PE history. Across 65 overlapping 5-year windows since 2018 that began in this band, the median forward return was +33.18% a year, positive in 100% of windows. A past distribution, not a prediction.
How fast have NIFTY500 Value 50 earnings grown?
NIFTY500 Value 50 earnings, measured as the index level divided by its P/E, grew +16.42% a year over the last 5 years, while the index itself moved +19.57% a year and its P/E rose from 8.54 to 9.76. Past growth, not a forecast.
How often is the NIFTY500 Value 50 rebalanced?
The NIFTY500 Value 50 is rebalanced quarterly. Details are in the official NSE methodology document.
Last updated: 1 October 2026.