Nifty IT PE Ratio
The Nifty IT PE ratio is 18.68 as of 21 July 2026, about 32% below its 5-year median of 27.40, which places it in significantly undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 24.27 | -23.03% |
| 15 Years | 21.57 | -13.40% |
| 10 Years | 25.13 | -25.67% |
| 7 Years | 27.12 | -31.12% |
| 5 Years | 27.40 | -31.82% |
| 3 Years | 27.69 | -32.54% |
| 1 Year | 25.02 | -25.34% |
Historical PE Ratio
Performance and risk
1-year holding windows since 1999 returned a median of +14.88% (best +230.20%, worst -81.75%).
Today's PE of 18.93 sits in band 1 of 5 of this index's history (PE below 19.1). From this band, 5-year forward returns had a median of +23.49% a year and were positive in 100% of windows (1,321 windows since 1999).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty IT. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty IT
The Nifty IT contains 10 constituents.
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 IT PE ratio?
As of 21 July 2026, the Nifty IT PE ratio is 18.68. That is about 32% below its 5-year median of 27.40 and about 25% below its 1-year median of 25.02.
Is the Nifty IT undervalued right now?
On a historical basis it screens as significantly undervalued. Its current PE of 18.68 sits below every median window: 1-year (25.02), 3-year (27.69), 5-year (27.40), 7-year (27.12), 10-year (25.13), 15-year (21.57) and full-history (24.27).
What is a normal PE ratio for the Nifty IT?
Over the past five years its median PE has been 27.40, and over the past three years 27.69. Today's 18.68 is toward the lower end of that historical range.
How many stocks are in the Nifty IT?
The Nifty IT contains 10 stocks. By number of companies, its largest sectors are Information Technology (10 stocks).
What returns has the Nifty IT delivered?
As of June 2026, the Nifty IT total return (with dividends reinvested) is -31.03% over the past year and +0.00% 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 IT?
Over the year to June 2026, the Nifty IT had an annualized volatility (standard deviation of daily returns) of 23.57%. Its beta versus the Nifty 50 is 0.76, meaning it has moved less than the broad market.
What is a typical one-year return for the Nifty IT?
Across every one-year holding window since 1999, the Nifty IT total return has a median of +14.88%, with the best window at +230.20% and the worst at -81.75%. 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 IT currently trades at a PE of 18.93, in band 1 of 5 of its own PE history. Across 1,321 overlapping 5-year windows since 1999 that began in this band, the median forward return was +23.49% a year, positive in 100% of windows. A past distribution, not a prediction.
Last updated: 21 July 2026.