Nifty Midcap 50 PE Ratio
The Nifty Midcap 50 PE ratio is 33.51 as of 21 July 2026, about 13% above its 5-year median of 29.70, which places it in slightly overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 20.49 | +63.54% |
| 15 Years | 24.39 | +37.39% |
| 10 Years | 34.11 | -1.77% |
| 7 Years | 29.95 | +11.91% |
| 5 Years | 29.70 | +12.81% |
| 3 Years | 34.51 | -2.90% |
| 1 Year | 33.61 | -0.30% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2004 returned a median of +13.55% (best +170.68%, worst -67.75%).
Today's PE of 33.49 sits in band 4 of 5 of this index's history (PE 22.9 to 39.0). From this band, 5-year forward returns had a median of +20.10% a year and were positive in 97% of windows (385 windows since 2006).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty Midcap 50. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Midcap 50
The Nifty Midcap 50 contains 50 constituents. Its largest sectors by weight are Financial Services (32.7%) and Capital Goods (13.9%).
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 Midcap 50 PE ratio?
As of 21 July 2026, the Nifty Midcap 50 PE ratio is 33.51. That is about 13% above its 5-year median of 29.70 and about 0% below its 1-year median of 33.61.
Is the Nifty Midcap 50 undervalued right now?
On a historical basis it screens as slightly overvalued. Its current PE of 33.51 compares with its historical medians: 1-year (33.61), 3-year (34.51), 5-year (29.70), 7-year (29.95), 10-year (34.11), 15-year (24.39) and full-history (20.49).
What is a normal PE ratio for the Nifty Midcap 50?
Over the past five years its median PE has been 29.70, and over the past three years 34.51. Today's 33.51 is toward the upper end of that historical range.
How many stocks are in the Nifty Midcap 50?
The Nifty Midcap 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (12 stocks), Capital Goods (7 stocks) and Healthcare (6 stocks).
What returns has the Nifty Midcap 50 delivered?
As of June 2026, the Nifty Midcap 50 total return (with dividends reinvested) is +5.04% over the past year and +19.64% 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 Midcap 50?
Over the year to June 2026, the Nifty Midcap 50 had an annualized volatility (standard deviation of daily returns) of 16.70%. 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 Midcap 50?
Across every one-year holding window since 2004, the Nifty Midcap 50 total return has a median of +13.55%, with the best window at +170.68% and the worst at -67.75%. 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 Midcap 50 currently trades at a PE of 33.49, in band 4 of 5 of its own PE history. Across 385 overlapping 5-year windows since 2006 that began in this band, the median forward return was +20.10% a year, positive in 97% of windows. A past distribution, not a prediction.
Last updated: 21 July 2026.