indexPe

Nifty Auto PE Ratio

Slightly OvervaluedSectoralNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
31.47
5Y Median PE
29.62
vs 5Y Median
+6.25%

The Nifty Auto PE ratio is 31.47 as of 21 July 2026, about 6% above its 5-year median of 29.62, which places it in slightly overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history30.30+3.86%
15 Years30.33+3.76%
10 Years31.62-0.47%
7 Years29.91+5.22%
5 Years29.62+6.25%
3 Years25.41+23.87%
1 Year29.84+5.46%

Historical PE Ratio

Performance and risk

1Y total return
+12.18%
5Y total return (p.a.)
+21.28%
Volatility (1Y std dev)
21.03%
Beta vs Nifty 50 (1Y)
1.33

1-year holding windows since 2004 returned a median of +17.26% (best +234.21%, worst -58.61%).

Today's PE of 31.26 sits in band 3 of 5 of this index's history (PE 26.1 to 34.2). From this band, 5-year forward returns had a median of +7.59% a year and were positive in 99% of windows (348 windows since 2011).

View full performance and risk

Returns as of June 2026, from the NSE factsheet for the Nifty Auto. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Auto

The Nifty Auto contains 15 constituents. Its largest sectors by number of companies are Automobile and Auto Components (14) and Capital Goods (1).

Automobile and Auto Components: 14Capital Goods: 1
SymbolCompanyIndustryWeight(%)
M&MMahindra & Mahindra Ltd.Automobile and Auto Components23.21
MARUTIMaruti Suzuki India Ltd.Automobile and Auto Components15.60
BAJAJ-AUTOBajaj Auto Ltd.Automobile and Auto Components9.12
EICHERMOTEicher Motors Ltd.Automobile and Auto Components8.26
TVSMOTORTVS Motor Company Ltd.Automobile and Auto Components6.89
TMPVTata Motors Passenger Vehicles Ltd.Automobile and Auto Components6.24
MOTHERSONSamvardhana Motherson International Ltd.Automobile and Auto Components5.54
HEROMOTOCOHero MotoCorp Ltd.Automobile and Auto Components5.27
BHARATFORGBharat Forge Ltd.Automobile and Auto Components4.84
ASHOKLEYAshok Leyland Ltd.Capital Goods3.82
BOSCHLTDBosch Ltd.Automobile and Auto Components
EXIDEINDExide Industries Ltd.Automobile and Auto Components
SONACOMSSona BLW Precision Forgings Ltd.Automobile and Auto Components
TIINDIATube Investments of India Ltd.Automobile and Auto Components
UNOMINDAUNO Minda Ltd.Automobile and Auto Components

Constituent list as of 13 July 2026, sourced from NSE Indices. Weights as of 30 June 2026, from the NSE factsheet.

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Nifty BankNifty Capital GoodsNifty ChemicalsNifty Commercial & Transport ServicesNifty Consumer Durables

Frequently Asked Questions

What is the current Nifty Auto PE ratio?

As of 21 July 2026, the Nifty Auto PE ratio is 31.47. That is about 6% above its 5-year median of 29.62 and about 5% above its 1-year median of 29.84.

Is the Nifty Auto undervalued right now?

On a historical basis it screens as slightly overvalued. Its current PE of 31.47 compares with its historical medians: 1-year (29.84), 3-year (25.41), 5-year (29.62), 7-year (29.91), 10-year (31.62), 15-year (30.33) and full-history (30.30).

What is a normal PE ratio for the Nifty Auto?

Over the past five years its median PE has been 29.62, and over the past three years 25.41. Today's 31.47 is toward the upper end of that historical range.

How many stocks are in the Nifty Auto?

The Nifty Auto contains 15 stocks. By number of companies, its largest sectors are Automobile and Auto Components (14 stocks) and Capital Goods (1 stock).

What returns has the Nifty Auto delivered?

As of June 2026, the Nifty Auto total return (with dividends reinvested) is +12.18% over the past year and +21.28% 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 Nifty Auto?

Over the year to June 2026, the Nifty Auto had an annualized volatility (standard deviation of daily returns) of 21.03%. Its beta versus the Nifty 50 is 1.33, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty Auto?

Across every one-year holding window since 2004, the Nifty Auto total return has a median of +17.26%, with the best window at +234.21% and the worst at -58.61%. 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 Nifty Auto currently trades at a PE of 31.26, in band 3 of 5 of its own PE history. Across 348 overlapping 5-year windows since 2011 that began in this band, the median forward return was +7.59% a year, positive in 99% of windows. A past distribution, not a prediction.

Last updated: 21 July 2026.