broad index
Nifty Midcap 50
Close 17979.65 · 23 Sep 2026
Price to earnings
35.36
Dearer than 77% of its whole history
Needs a ~3% price correction to become fairly valued
Price to earnings over time
Download CSVPercentile 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 25 Jun 2020 – 30 Oct 2020 — earnings were negative or undefined. The chart breaks over it. Every reading stays in the download and the percentiles above.
We hold 655 earlier trading days for this index — back to 01 Jan 2004 — 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.