indexPe

Nifty EV & New Age Automotive PE Ratio

Moderately OvervaluedThematicNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
41.85
1Y Median PE
34.72
vs 1Y Median
+20.55%

The Nifty EV & New Age Automotive PE ratio is 41.85 as of 21 July 2026, about 21% above its 1-year median of 34.72, which places it in moderately overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
1 Year34.72+20.55%

Historical PE Ratio

Performance and risk

1Y total return
+6.38%
5Y total return (p.a.)
+20.94%
Volatility (1Y std dev)
18.22%
Beta vs Nifty 50 (1Y)
1.21

1-year holding windows since 2018 returned a median of +18.89% (best +143.65%, worst -43.62%).

View full performance and risk

Returns as of June 2026, from the NSE factsheet for the Nifty EV & New Age Automotive. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty EV & New Age Automotive

The Nifty EV & New Age Automotive contains 38 constituents. Its largest sectors by weight are Automobile and Auto Components (66.0%) and Capital Goods (12.7%).

Automobile and Auto Components: 66.0%Capital Goods: 12.7%Information Technology: 8.7%Chemicals: 8.6%Oil, Gas & Consumable Fuels: 3.9%
SymbolCompanyIndustryWeight(%)
MARUTIMaruti Suzuki India Ltd.Automobile and Auto Components8.53
M&MMahindra & Mahindra Ltd.Automobile and Auto Components8.02
CGPOWERCG Power and Industrial Solutions Ltd.Capital Goods4.15
MOTHERSONSamvardhana Motherson International Ltd.Automobile and Auto Components4.10
KEIKEI Industries Ltd.Capital Goods4.01
SONACOMSSona BLW Precision Forgings Ltd.Automobile and Auto Components4.00
BOSCHLTDBosch Ltd.Automobile and Auto Components3.96
RELIANCEReliance Industries Ltd.Oil Gas & Consumable Fuels3.94
UNOMINDAUNO Minda Ltd.Automobile and Auto Components3.88
BAJAJ-AUTOBajaj Auto Ltd.Automobile and Auto Components3.55
ARE&MAmara Raja Energy & Mobility Ltd.Automobile and Auto Components
ASHOKLEYAshok Leyland Ltd.Capital Goods
ATHERENERGAther Energy Ltd.Automobile and Auto Components
BHARATFORGBharat Forge Ltd.Automobile and Auto Components
EICHERMOTEicher Motors Ltd.Automobile and Auto Components
EXIDEINDExide Industries Ltd.Automobile and Auto Components
FORCEMOTForce Motors Ltd.Automobile and Auto Components
FLUOROCHEMGujarat Fluorochemicals Ltd.Chemicals
HEROMOTOCOHero MotoCorp Ltd.Automobile and Auto Components
HSCLHimadri Speciality Chemical Ltd.Chemicals
HYUNDAIHyundai Motor India Ltd.Automobile and Auto Components
JBMAJBM Auto Ltd.Automobile and Auto Components
JWLJupiter Wagons Ltd.Capital Goods
KPITTECHKPIT Technologies Ltd.Information Technology
LTTSL&T Technology Services Ltd.Information Technology
MINDACORPMinda Corporation Ltd.Automobile and Auto Components
MSUMIMotherson Sumi Wiring India Ltd.Automobile and Auto Components
OLAELECOla Electric Mobility Ltd.Automobile and Auto Components
OLECTRAOlectra Greentech Ltd.Automobile and Auto Components
SCHAEFFLERSchaeffler India Ltd.Automobile and Auto Components
TVSMOTORTVS Motor Company Ltd.Automobile and Auto Components
TATACHEMTata Chemicals Ltd.Chemicals
TATAELXSITata Elxsi Ltd.Information Technology
TMCVTata Motors Ltd.Capital Goods
TMPVTata Motors Passenger Vehicles Ltd.Automobile and Auto Components
TATATECHTata Technologies Ltd.Information Technology
TIINDIATube Investments of India Ltd.Automobile and Auto Components
ZFCVINDIAZF Commercial Vehicle Control Systems India 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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Frequently Asked Questions

What is the current Nifty EV & New Age Automotive PE ratio?

As of 21 July 2026, the Nifty EV & New Age Automotive PE ratio is 41.85. That is about 21% above its 1-year median of 34.72.

Is the Nifty EV & New Age Automotive undervalued right now?

On a historical basis it screens as moderately overvalued. Its current PE of 41.85 sits above every median window: 1-year (34.72).

What is a normal PE ratio for the Nifty EV & New Age Automotive?

Over the past one year its median PE has been 34.72, and over the past six months 38.41. Today's 41.85 is toward the upper end of that historical range.

How many stocks are in the Nifty EV & New Age Automotive?

The Nifty EV & New Age Automotive contains 38 stocks. By number of companies, its largest sectors are Automobile and Auto Components (25 stocks), Capital Goods (5 stocks) and Information Technology (4 stocks).

What returns has the Nifty EV & New Age Automotive delivered?

As of June 2026, the Nifty EV & New Age Automotive total return (with dividends reinvested) is +6.38% over the past year and +20.94% 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 EV & New Age Automotive?

Over the year to June 2026, the Nifty EV & New Age Automotive had an annualized volatility (standard deviation of daily returns) of 18.22%. Its beta versus the Nifty 50 is 1.21, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty EV & New Age Automotive?

Across every one-year holding window since 2018, the Nifty EV & New Age Automotive total return has a median of +18.89%, with the best window at +143.65% and the worst at -43.62%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.