indexPe

Nifty Infrastructure PE Ratio

Fairly ValuedThematicNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
21.74
5Y Median PE
21.18
vs 5Y Median
+2.64%

The Nifty Infrastructure PE ratio is 21.74 as of 21 July 2026, about 3% above its 5-year median of 21.18, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history22.34-2.69%
7 Years21.69+0.23%
5 Years21.18+2.64%
3 Years21.69+0.23%
1 Year21.55+0.91%

Historical PE Ratio

Performance and risk

1Y total return
+0.70%
5Y total return (p.a.)
+17.88%
Volatility (1Y std dev)
14.92%
Beta vs Nifty 50 (1Y)
1.04

1-year holding windows since 2004 returned a median of +9.58% (best +111.22%, worst -63.09%).

View full performance and risk

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

Stocks in the Nifty Infrastructure

The Nifty Infrastructure contains 30 constituents. Its largest sectors by weight are Oil, Gas & Consumable Fuels (27.4%) and Telecommunication (16.0%).

Oil, Gas & Consumable Fuels: 27.4%Telecommunication: 16.0%Construction: 12.7%Power: 10.8%Construction Materials: 8.1%Capital Goods: 6.7%+5 more sectors
SymbolCompanyIndustryWeight(%)
RELIANCEReliance Industries Ltd.Oil Gas & Consumable Fuels19.85
BHARTIARTLBharti Airtel Ltd.Telecommunication14.69
LTLarsen & Toubro Ltd.Construction12.65
NTPCNTPC Ltd.Power4.41
ADANIPORTSAdani Ports and Special Economic Zone Ltd.Services3.48
ULTRACEMCOUltraTech Cement Ltd.Construction Materials3.47
POWERGRIDPower Grid Corporation of India Ltd.Power3.38
INDIGOInterGlobe Aviation Ltd.Services3.17
GRASIMGrasim Industries Ltd.Construction Materials3.05
ONGCOil & Natural Gas Corporation Ltd.Oil Gas & Consumable Fuels2.38
ADANIGREENAdani Green Energy Ltd.Power
AMBUJACEMAmbuja Cements Ltd.Construction Materials
APOLLOHOSPApollo Hospitals Enterprise Ltd.Healthcare
ASHOKLEYAshok Leyland Ltd.Capital Goods
BHARATFORGBharat Forge Ltd.Automobile and Auto Components
BPCLBharat Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
CGPOWERCG Power and Industrial Solutions Ltd.Capital Goods
CUMMINSINDCummins India Ltd.Capital Goods
DLFDLF Ltd.Realty
FORTISFortis Healthcare Ltd.Healthcare
GAILGAIL (India) Ltd.Oil Gas & Consumable Fuels
HINDPETROHindustan Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
INDHOTELIndian Hotels Co. Ltd.Consumer Services
IOCIndian Oil Corporation Ltd.Oil Gas & Consumable Fuels
INDUSTOWERIndus Towers Ltd.Telecommunication
MAXHEALTHMax Healthcare Institute Ltd.Healthcare
MOTHERSONSamvardhana Motherson International Ltd.Automobile and Auto Components
SHREECEMShree Cement Ltd.Construction Materials
SUZLONSuzlon Energy Ltd.Capital Goods
TATAPOWERTata Power Co. Ltd.Power

Constituent list as of 13 July 2026, sourced from NSE Indices. Weights as of 30 June 2026, from the NSE factsheet.

Stay Updated

Get weekly market insights and valuation updates delivered to your inbox.

Similar Indices

Nifty Capital MarketsNifty CommoditiesNifty Conglomerate 50Nifty Core HousingNifty CPSE

Frequently Asked Questions

What is the current Nifty Infrastructure PE ratio?

As of 21 July 2026, the Nifty Infrastructure PE ratio is 21.74. That is about 3% above its 5-year median of 21.18 and about 1% above its 1-year median of 21.55.

Is the Nifty Infrastructure undervalued right now?

On a historical basis it screens as fairly valued. Its current PE of 21.74 compares with its historical medians: 1-year (21.55), 3-year (21.69), 5-year (21.18), 7-year (21.69) and full-history (22.34).

What is a normal PE ratio for the Nifty Infrastructure?

Over the past five years its median PE has been 21.18, and over the past three years 21.69. Today's 21.74 is toward the upper end of that historical range.

How many stocks are in the Nifty Infrastructure?

The Nifty Infrastructure contains 30 stocks. By number of companies, its largest sectors are Oil Gas & Consumable Fuels (6 stocks), Capital Goods (4 stocks) and Construction Materials (4 stocks).

What returns has the Nifty Infrastructure delivered?

As of June 2026, the Nifty Infrastructure total return (with dividends reinvested) is +0.70% over the past year and +17.88% 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 Infrastructure?

Over the year to June 2026, the Nifty Infrastructure had an annualized volatility (standard deviation of daily returns) of 14.92%. Its beta versus the Nifty 50 is 1.04, meaning it has moved roughly in line with the broad market.

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

Across every one-year holding window since 2004, the Nifty Infrastructure total return has a median of +9.58%, with the best window at +111.22% and the worst at -63.09%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.