Nifty CPSE PE Ratio
The Nifty CPSE PE ratio is 12.73 as of 21 July 2026, about 15% above its 5-year median of 11.11, which places it in slightly overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 10.87 | +17.11% |
| 10 Years | 10.64 | +19.64% |
| 7 Years | 9.06 | +40.51% |
| 5 Years | 11.11 | +14.58% |
| 3 Years | 13.28 | -4.14% |
| 1 Year | 13.60 | -6.40% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2009 returned a median of +9.96% (best +134.31%, worst -46.15%).
Today's PE of 12.60 sits in band 4 of 5 of this index's history (PE 11.4 to 13.0). From this band, 5-year forward returns had a median of +3.92% a year and were positive in 85% of windows (452 windows since 2014).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty CPSE. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty CPSE
The Nifty CPSE contains 11 constituents. Its largest sectors by weight are Power (45.4%) and Oil, Gas & Consumable Fuels (31.2%).
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 CPSE PE ratio?
As of 21 July 2026, the Nifty CPSE PE ratio is 12.73. That is about 15% above its 5-year median of 11.11 and about 6% below its 1-year median of 13.60.
Is the Nifty CPSE undervalued right now?
On a historical basis it screens as slightly overvalued. Its current PE of 12.73 compares with its historical medians: 1-year (13.60), 3-year (13.28), 5-year (11.11), 7-year (9.06), 10-year (10.64) and full-history (10.87).
What is a normal PE ratio for the Nifty CPSE?
Over the past five years its median PE has been 11.11, and over the past three years 13.28. Today's 12.73 is around the middle of that historical range.
How many stocks are in the Nifty CPSE?
The Nifty CPSE contains 11 stocks. By number of companies, its largest sectors are Power (5 stocks), Oil Gas & Consumable Fuels (3 stocks) and Capital Goods (2 stocks).
What returns has the Nifty CPSE delivered?
As of June 2026, the Nifty CPSE total return (with dividends reinvested) is +3.07% over the past year and +30.37% annualized over the past five years. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.
What is a typical one-year return for the Nifty CPSE?
Across every one-year holding window since 2009, the Nifty CPSE total return has a median of +9.96%, with the best window at +134.31% and the worst at -46.15%. 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 CPSE currently trades at a PE of 12.60, in band 4 of 5 of its own PE history. Across 452 overlapping 5-year windows since 2014 that began in this band, the median forward return was +3.92% a year, positive in 85% of windows. A past distribution, not a prediction.
Last updated: 21 July 2026.