Nifty Metal PE Ratio
The Nifty Metal PE ratio is 16.50 as of 21 July 2026, about 13% below its 5-year median of 19.07, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 14.09 | +17.10% |
| 15 Years | 14.09 | +17.10% |
| 10 Years | 16.13 | +2.29% |
| 7 Years | 15.55 | +6.11% |
| 5 Years | 19.07 | -13.48% |
| 3 Years | 21.23 | -22.26% |
| 1 Year | 19.33 | -14.64% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2004 returned a median of +15.61% (best +270.35%, worst -75.51%).
Today's PE of 16.58 sits in band 4 of 5 of this index's history (PE 15.5 to 20.5). From this band, 5-year forward returns had a median of +14.04% a year and were positive in 92% of windows (388 windows since 2011).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty Metal. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Metal
The Nifty Metal contains 15 constituents. Its largest sectors by number of companies are Metals & Mining (13) and Capital Goods (2).
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 Metal PE ratio?
As of 21 July 2026, the Nifty Metal PE ratio is 16.50. That is about 13% below its 5-year median of 19.07 and about 15% below its 1-year median of 19.33.
Is the Nifty Metal undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 16.50 compares with its historical medians: 1-year (19.33), 3-year (21.23), 5-year (19.07), 7-year (15.55), 10-year (16.13), 15-year (14.09) and full-history (14.09).
What is a normal PE ratio for the Nifty Metal?
Over the past five years its median PE has been 19.07, and over the past three years 21.23. Today's 16.50 is toward the lower end of that historical range.
How many stocks are in the Nifty Metal?
The Nifty Metal contains 15 stocks. By number of companies, its largest sectors are Metals & Mining (13 stocks) and Capital Goods (2 stocks).
What returns has the Nifty Metal delivered?
As of June 2026, the Nifty Metal total return (with dividends reinvested) is +32.75% over the past year and +20.70% 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 Metal?
Over the year to June 2026, the Nifty Metal had an annualized volatility (standard deviation of daily returns) of 22.28%. Its beta versus the Nifty 50 is 1.13, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty Metal?
Across every one-year holding window since 2004, the Nifty Metal total return has a median of +15.61%, with the best window at +270.35% and the worst at -75.51%. 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 Metal currently trades at a PE of 16.58, in band 4 of 5 of its own PE history. Across 388 overlapping 5-year windows since 2011 that began in this band, the median forward return was +14.04% a year, positive in 92% of windows. A past distribution, not a prediction.
Last updated: 21 July 2026.