Sector PE expansion

The change in each sector's PE over the last year, as of 06 Nov 2026. 14 of 47 sectors are dearer than they were.

Sector	Then	Now	Change
Nifty REITs & InvITs	27.45	57.88	+110.9%
Nifty Pharma	33.89	45.12	+33.1%
Nifty Transportation & Logistics	34.81	42.77	+22.9%
Nifty500 Healthcare	40.05	48.27	+20.5%
Nifty Healthcare Index	38.31	45.86	+19.7%
Nifty Auto	27.20	31.79	+16.9%
Nifty REITs & InvITs 90:10	64.21	70.97	+10.5%
Nifty Cement	31.48	33.07	+5.1%
Nifty MidSmall Healthcare	43.52	45.64	+4.9%
Nifty Services Sector	21.20	21.86	+3.1%
Nifty Infrastructure	21.57	22.19	+2.9%
Nifty Commercial & Transport Services	38.75	38.91	+0.4%
Nifty Capital Markets	45.28	45.41	+0.3%
Nifty Consumer Services	107.29	107.59	+0.3%
Nifty Consumer Durables	64.17	62.30	-2.9%
Nifty REITs & Realty	56.58	52.95	-6.4%
Nifty Hospitals	68.18	63.66	-6.6%
Nifty Telecommunications	15.49	14.22	-8.2%
Nifty Chemicals	43.15	39.41	-8.7%
Nifty Financial Services	17.74	16.08	-9.4%
Nifty Financial Services 25/50	17.50	15.67	-10.5%
Nifty Energy	15.28	13.68	-10.5%
Nifty India Infrastructure & Logistics	30.23	26.88	-11.1%
Nifty PSE	11.38	10.11	-11.2%
Nifty Oil & Gas	11.55	10.21	-11.6%
Nifty PSU Bank	8.47	7.38	-12.9%
Nifty Private Bank	19.58	16.91	-13.6%
Nifty Construction	20.93	18.03	-13.9%
Nifty Commodities	16.90	14.50	-14.2%
Nifty Non-Cyclical Consumer	53.97	46.28	-14.2%
Nifty NBFC	23.13	19.79	-14.4%
Nifty CPSE	13.63	11.54	-15.3%
Nifty Financial Services Ex-Bank	24.14	20.40	-15.5%
Nifty Capital Goods	48.36	40.65	-15.9%
Nifty Realty	44.56	37.18	-16.6%
Nifty Retail	215.05	178.01	-17.2%
Nifty Bank	16.08	13.06	-18.8%
Nifty Power	22.41	18.14	-19.1%
Nifty FMCG	40.84	32.83	-19.6%
Nifty IT	25.02	20.07	-19.8%
Nifty Metal	19.72	15.60	-20.9%
Nifty Insurance	34.78	24.80	-28.7%
Nifty Media	56.13	38.95	-30.6%
Nifty MidSmall Financial Services	28.23	18.61	-34.1%
Nifty MidSmall IT & Telecom	66.36	29.93	-54.9%
Nifty Housing Finance	111.94	28.94	-74.1%
Nifty Small Finance Banks & Microfinance Institutions	233.33	13.71	-94.1%

A rising PE means the market is paying more for the same rupee of earnings; a falling one means less. It does not say whether earnings grew — an index whose profits doubled while its price trebled shows up here as dearer. Read it next to the level on each sector's own page.