indexPe

Nifty FMCG PE Ratio

Significantly UndervaluedSectoralNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
33.66
5Y Median PE
42.13
vs 5Y Median
-20.09%

The Nifty FMCG PE ratio is 33.66 as of 21 July 2026, about 20% below its 5-year median of 42.13, which places it in significantly undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history35.03-3.92%
15 Years39.76-15.34%
10 Years41.95-19.76%
7 Years41.69-19.26%
5 Years42.13-20.09%
3 Years42.83-21.41%
1 Year38.22-11.92%

Historical PE Ratio

Performance and risk

1Y total return
-10.33%
5Y total return (p.a.)
+7.94%
Volatility (1Y std dev)
13.88%
Beta vs Nifty 50 (1Y)
0.66

1-year holding windows since 1996 returned a median of +15.92% (best +127.30%, worst -25.77%).

Today's PE of 33.54 sits in band 3 of 5 of this index's history (PE 31.9 to 37.4). From this band, 5-year forward returns had a median of +13.46% a year and were positive in 100% of windows (1,189 windows since 1999).

View full performance and risk

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

Stocks in the Nifty FMCG

The Nifty FMCG contains 15 constituents.

Fast Moving Consumer Goods: 15
SymbolCompanyIndustryWeight(%)
ITCITC Ltd.Fast Moving Consumer Goods27.55
HINDUNILVRHindustan Unilever Ltd.Fast Moving Consumer Goods18.72
NESTLEINDNestle India Ltd.Fast Moving Consumer Goods10.03
TATACONSUMTata Consumer Products Ltd.Fast Moving Consumer Goods6.98
VBLVarun Beverages Ltd.Fast Moving Consumer Goods6.91
BRITANNIABritannia Industries Ltd.Fast Moving Consumer Goods6.04
MARICOMarico Ltd.Fast Moving Consumer Goods4.41
GODREJCPGodrej Consumer Products Ltd.Fast Moving Consumer Goods4.04
UNITDSPRUnited Spirits Ltd.Fast Moving Consumer Goods3.97
RADICORadico Khaitan LtdFast Moving Consumer Goods3.08
COLPALColgate Palmolive (India) Ltd.Fast Moving Consumer Goods
DABURDabur India Ltd.Fast Moving Consumer Goods
EMAMILTDEmami Ltd.Fast Moving Consumer Goods
PATANJALIPatanjali Foods Ltd.Fast Moving Consumer Goods
UBLUnited Breweries Ltd.Fast Moving Consumer Goods

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 FMCG PE ratio?

As of 21 July 2026, the Nifty FMCG PE ratio is 33.66. That is about 20% below its 5-year median of 42.13 and about 12% below its 1-year median of 38.22.

Is the Nifty FMCG undervalued right now?

On a historical basis it screens as significantly undervalued. Its current PE of 33.66 sits below every median window: 1-year (38.22), 3-year (42.83), 5-year (42.13), 7-year (41.69), 10-year (41.95), 15-year (39.76) and full-history (35.03).

What is a normal PE ratio for the Nifty FMCG?

Over the past five years its median PE has been 42.13, and over the past three years 42.83. Today's 33.66 is toward the lower end of that historical range.

How many stocks are in the Nifty FMCG?

The Nifty FMCG contains 15 stocks. By number of companies, its largest sectors are Fast Moving Consumer Goods (15 stocks).

What returns has the Nifty FMCG delivered?

As of June 2026, the Nifty FMCG total return (with dividends reinvested) is -10.33% over the past year and +7.94% 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 FMCG?

Over the year to June 2026, the Nifty FMCG had an annualized volatility (standard deviation of daily returns) of 13.88%. Its beta versus the Nifty 50 is 0.66, meaning it has moved less than the broad market.

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

Across every one-year holding window since 1996, the Nifty FMCG total return has a median of +15.92%, with the best window at +127.30% and the worst at -25.77%. 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 FMCG currently trades at a PE of 33.54, in band 3 of 5 of its own PE history. Across 1,189 overlapping 5-year windows since 1999 that began in this band, the median forward return was +13.46% a year, positive in 100% of windows. A past distribution, not a prediction.

Last updated: 21 July 2026.