fairvalue.fyi

thematic index

Nifty India Railways PSU

Close 2671.70 · 23 Sep 2026

Price to earnings

20.76

significantly undervalued

Cheaper than 93% of its whole history

Price to earnings over time

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Percentile bands behind the line, the index level for context · drag across the chart to measure any window

Gap in PE coverage. NSE publishes no PE between 12 Apr 2023 – 19 Nov 2024 — earnings were negative or undefined. The chart breaks over it, and a lone early reading shows as a single point. Every reading stays in the download and the percentiles above.

We hold 900 earlier trading days for this index — back to 01 Apr 2021 — from before NSE began publishing a PE for it, so those days carry a closing level only.

PE, PB and dividend yield as published by NSE for 23 Sep 2026. NSE moved index earnings from standalone to consolidated on 31 March 2021, which shifts PE by a few points — the since Mar 2021 window compares like with like. Full methodology.

Valuation data for Indian markets. Source: NSE and niftyindices.com, end of day. How these numbers are built.

Analytical data only — not investment advice, and never a recommendation to buy or sell.

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