Nifty Bank PE Ratio
The Nifty Bank PE ratio is 13.95 as of 21 July 2026, about 13% below its 5-year median of 16.13, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 16.46 | -15.25% |
| 15 Years | 17.76 | -21.43% |
| 10 Years | 23.24 | -39.97% |
| 7 Years | 17.11 | -18.47% |
| 5 Years | 16.13 | -13.49% |
| 3 Years | 15.02 | -7.15% |
| 1 Year | 15.12 | -7.74% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2000 returned a median of +16.62% (best +178.63%, worst -56.94%).
Today's PE of 14.70 sits in band 2 of 5 of this index's history (PE 13.1 to 15.3). From this band, 5-year forward returns had a median of +17.54% a year and were positive in 100% of windows (725 windows since 2003).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty Bank. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Bank
The Nifty Bank contains 14 constituents.
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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Frequently Asked Questions
What is the current Nifty Bank PE ratio?
As of 21 July 2026, the Nifty Bank PE ratio is 13.95. That is about 13% below its 5-year median of 16.13 and about 8% below its 1-year median of 15.12.
Is the Nifty Bank undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 13.95 sits below every median window: 1-year (15.12), 3-year (15.02), 5-year (16.13), 7-year (17.11), 10-year (23.24), 15-year (17.76) and full-history (16.46).
What is a normal PE ratio for the Nifty Bank?
Over the past five years its median PE has been 16.13, and over the past three years 15.02. Today's 13.95 is toward the lower end of that historical range.
How many stocks are in the Nifty Bank?
The Nifty Bank contains 14 stocks. By number of companies, its largest sectors are Financial Services (14 stocks).
What returns has the Nifty Bank delivered?
As of June 2026, the Nifty Bank total return (with dividends reinvested) is +1.20% over the past year and +11.47% 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 Bank?
Over the year to June 2026, the Nifty Bank had an annualized volatility (standard deviation of daily returns) of 16.35%. Its beta versus the Nifty 50 is 1.15, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty Bank?
Across every one-year holding window since 2000, the Nifty Bank total return has a median of +16.62%, with the best window at +178.63% and the worst at -56.94%. 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 Bank currently trades at a PE of 14.70, in band 2 of 5 of its own PE history. Across 725 overlapping 5-year windows since 2003 that began in this band, the median forward return was +17.54% a year, positive in 100% of windows. A past distribution, not a prediction.
Last updated: 21 July 2026.