indexPe

Nifty Energy PE Ratio

Slightly OvervaluedThematicNSELast updated: 21 Jul 2026
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Current PE Ratio
14.48
5Y Median PE
13.60
vs 5Y Median
+6.47%

The Nifty Energy PE ratio is 14.48 as of 21 July 2026, about 6% above its 5-year median of 13.60, which places it in slightly overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history14.02+3.32%
15 Years13.39+8.10%
10 Years13.83+4.70%
7 Years13.54+6.94%
5 Years13.60+6.47%
3 Years14.91-2.88%
1 Year15.22-4.86%

Historical PE Ratio

Performance and risk

1Y total return
+10.06%
5Y total return (p.a.)
+16.74%
Volatility (1Y std dev)
15.86%
Beta vs Nifty 50 (1Y)
0.82

1-year holding windows since 2001 returned a median of +17.06% (best +166.87%, worst -54.67%).

Today's PE of 14.32 sits in band 3 of 5 of this index's history (PE 13.3 to 14.8). From this band, 5-year forward returns had a median of +13.62% a year and were positive in 100% of windows (736 windows since 2005).

View full performance and risk

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

Stocks in the Nifty Energy

The Nifty Energy contains 40 constituents. Its largest sectors by weight are Oil, Gas & Consumable Fuels (49.6%) and Capital Goods (25.5%).

Oil, Gas & Consumable Fuels: 49.6%Capital Goods: 25.5%Power: 24.9%
SymbolCompanyIndustryWeight(%)
COALINDIACoal India Ltd.Oil Gas & Consumable Fuels9.98
RELIANCEReliance Industries Ltd.Oil Gas & Consumable Fuels9.89
ONGCOil & Natural Gas Corporation Ltd.Oil Gas & Consumable Fuels9.45
NTPCNTPC Ltd.Power5.93
GAILGAIL (India) Ltd.Oil Gas & Consumable Fuels4.85
POWERGRIDPower Grid Corporation of India Ltd.Power4.55
SUZLONSuzlon Energy Ltd.Capital Goods4.22
CGPOWERCG Power and Industrial Solutions Ltd.Capital Goods3.85
GVT&DGE Vernova T&D India Ltd.Capital Goods3.61
BHELBharat Heavy Electricals Ltd.Capital Goods3.56
ABBABB India Ltd.Capital Goods
ADANIENSOLAdani Energy Solutions Ltd.Power
ADANIGREENAdani Green Energy Ltd.Power
ADANIPOWERAdani Power Ltd.Power
ATGLAdani Total Gas Ltd.Oil Gas & Consumable Fuels
AEGISLOGAegis Logistics Ltd.Oil Gas & Consumable Fuels
BPCLBharat Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
CESCCESC Ltd.Power
CASTROLINDCastrol India Ltd.Oil Gas & Consumable Fuels
HINDPETROHindustan Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
POWERINDIAHitachi Energy India Ltd.Capital Goods
IOCIndian Oil Corporation Ltd.Oil Gas & Consumable Fuels
IGLIndraprastha Gas Ltd.Oil Gas & Consumable Fuels
INOXWINDInox Wind Ltd.Capital Goods
JSWENERGYJSW Energy Ltd.Power
JPPOWERJaiprakash Power Ventures Ltd.Power
MGLMahanagar Gas Ltd.Oil Gas & Consumable Fuels
NHPCNHPC Ltd.Power
NLCINDIANLC India Ltd.Power
NTPCGREENNTPC Green Energy Ltd.Power
NAVANava Ltd.Power
OILOil India Ltd.Oil Gas & Consumable Fuels
PETRONETPetronet LNG Ltd.Oil Gas & Consumable Fuels
RPOWERReliance Power Ltd.Power
SJVNSJVN Ltd.Power
ENRINSiemens Energy India Ltd.Capital Goods
SIEMENSSiemens Ltd.Capital Goods
TATAPOWERTata Power Co. Ltd.Power
THERMAXThermax Ltd.Capital Goods
TORNTPOWERTorrent Power Ltd.Power

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 Energy PE ratio?

As of 21 July 2026, the Nifty Energy PE ratio is 14.48. That is about 6% above its 5-year median of 13.60 and about 5% below its 1-year median of 15.22.

Is the Nifty Energy undervalued right now?

On a historical basis it screens as slightly overvalued. Its current PE of 14.48 compares with its historical medians: 1-year (15.22), 3-year (14.91), 5-year (13.60), 7-year (13.54), 10-year (13.83), 15-year (13.39) and full-history (14.02).

What is a normal PE ratio for the Nifty Energy?

Over the past five years its median PE has been 13.60, and over the past three years 14.91. Today's 14.48 is around the middle of that historical range.

How many stocks are in the Nifty Energy?

The Nifty Energy contains 40 stocks. By number of companies, its largest sectors are Power (16 stocks), Oil Gas & Consumable Fuels (14 stocks) and Capital Goods (10 stocks).

What returns has the Nifty Energy delivered?

As of June 2026, the Nifty Energy total return (with dividends reinvested) is +10.06% over the past year and +16.74% 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 Energy?

Over the year to June 2026, the Nifty Energy had an annualized volatility (standard deviation of daily returns) of 15.86%. Its beta versus the Nifty 50 is 0.82, meaning it has moved less than the broad market.

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

Across every one-year holding window since 2001, the Nifty Energy total return has a median of +17.06%, with the best window at +166.87% and the worst at -54.67%. 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 Energy currently trades at a PE of 14.32, in band 3 of 5 of its own PE history. Across 736 overlapping 5-year windows since 2005 that began in this band, the median forward return was +13.62% a year, positive in 100% of windows. A past distribution, not a prediction.

Last updated: 21 July 2026.