Nifty Midcap Select PE Ratio
The Nifty Midcap Select PE ratio is 30.49 as of 21 July 2026, about 12% below its 3-year median of 34.75, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 3 Years | 34.75 | -12.26% |
| 1 Year | 29.95 | +1.82% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2005 returned a median of +13.28% (best +149.31%, worst -63.23%).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty Midcap Select. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Midcap Select
The Nifty Midcap Select contains 25 constituents. Its largest sectors by weight are Financial Services (35.9%) and Capital Goods (17.5%).
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 Select PE ratio?
As of 21 July 2026, the Nifty Midcap Select PE ratio is 30.49. That is about 12% below its 3-year median of 34.75 and about 2% above its 1-year median of 29.95.
Is the Nifty Midcap Select undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 30.49 compares with its historical medians: 1-year (29.95) and 3-year (34.75).
What is a normal PE ratio for the Nifty Midcap Select?
Over the past three years its median PE has been 34.75, and over the past one year 29.95. Today's 30.49 is toward the lower end of that historical range.
How many stocks are in the Nifty Midcap Select?
The Nifty Midcap Select contains 25 stocks. By number of companies, its largest sectors are Financial Services (8 stocks), Capital Goods (4 stocks) and Healthcare (3 stocks).
What returns has the Nifty Midcap Select delivered?
As of June 2026, the Nifty Midcap Select total return (with dividends reinvested) is +7.93% over the past year and +17.97% 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 Select?
Over the year to June 2026, the Nifty Midcap Select had an annualized volatility (standard deviation of daily returns) of 18.22%. Its beta versus the Nifty 50 is 1.22, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty Midcap Select?
Across every one-year holding window since 2005, the Nifty Midcap Select total return has a median of +13.28%, with the best window at +149.31% and the worst at -63.23%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
Last updated: 21 July 2026.