indexPe

Nifty MidSmall India Consumption PE Ratio

Significantly UndervaluedThematicNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
36.06
3Y Median PE
67.16
vs 3Y Median
-46.31%

The Nifty MidSmall India Consumption PE ratio is 36.06 as of 21 July 2026, about 46% below its 3-year median of 67.16, which places it in significantly undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Years67.16-46.31%
1 Year88.50-59.25%

Historical PE Ratio

Performance and risk

1Y total return
-8.16%
5Y total return (p.a.)
+14.33%
Volatility (1Y std dev)
16.21%
Beta vs Nifty 50 (1Y)
1.07

1-year holding windows since 2005 returned a median of +15.04% (best +105.57%, worst -60.95%).

View full performance and risk

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

Stocks in the Nifty MidSmall India Consumption

The Nifty MidSmall India Consumption contains 30 constituents. Its largest sectors by weight are Consumer Services (22.3%) and Consumer Durables (18.2%).

Consumer Services: 22.3%Consumer Durables: 18.2%Fast Moving Consumer Goods: 15.8%Healthcare: 14.0%Realty: 12.2%Automobile and Auto Components: 7.0%+3 more sectors
SymbolCompanyIndustryWeight(%)
FORTISFortis Healthcare Ltd.Healthcare5.61
DIXONDixon Technologies (India) Ltd.Consumer Durables5.56
IDEAVodafone Idea Ltd.Telecommunication4.48
PHOENIXLTDPhoenix Mills Ltd.Realty4.09
ABBOTINDIAAbbott India Ltd.Healthcare
ALKEMAlkem Laboratories Ltd.Healthcare
BATAINDIABata India Ltd.Consumer Durables
CROMPTONCrompton Greaves Consumer Electricals Ltd.Consumer Durables
LALPATHLABDr. Lal Path Labs Ltd.Healthcare
EMAMILTDEmami Ltd.Fast Moving Consumer Goods
GODREJPROPGodrej Properties Ltd.Realty
INDIAMARTIndiamart Intermesh Ltd.Consumer Services
INDHOTELIndian Hotels Co. Ltd.Consumer Services
IPCALABIpca Laboratories Ltd.Healthcare
KAJARIACERKajaria Ceramics Ltd.Consumer Durables
LODHAMacrotech Developers Ltd.Realty
MAXHEALTHMax Healthcare Institute Ltd.Healthcare
OBEROIRLTYOberoi Realty Ltd.Realty
PAGEINDPage Industries Ltd.Textiles
PFIZERPfizer Ltd.Healthcare
RAJESHEXPORajesh Exports Ltd.Consumer Durables
RELAXORelaxo Footwears Ltd.Consumer Durables
TVSMOTORTVS Motor Company Ltd.Automobile and Auto Components
TORNTPOWERTorrent Power Ltd.Power
TRENTTrent Ltd.Consumer Services
UBLUnited Breweries Ltd.Fast Moving Consumer Goods
VBLVarun Beverages Ltd.Fast Moving Consumer Goods
VOLTASVoltas Ltd.Consumer Durables
ZEELZee Entertainment Enterprises Ltd.Media, Entertainment & Publication
ZYDUSLIFEZydus Lifesciences Ltd.Healthcare

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 MidSmall India Consumption PE ratio?

As of 21 July 2026, the Nifty MidSmall India Consumption PE ratio is 36.06. That is about 46% below its 3-year median of 67.16 and about 59% below its 1-year median of 88.50.

Is the Nifty MidSmall India Consumption undervalued right now?

On a historical basis it screens as significantly undervalued. Its current PE of 36.06 sits below every median window: 1-year (88.50) and 3-year (67.16).

What is a normal PE ratio for the Nifty MidSmall India Consumption?

Over the past three years its median PE has been 67.16, and over the past one year 88.50. Today's 36.06 is toward the lower end of that historical range.

How many stocks are in the Nifty MidSmall India Consumption?

The Nifty MidSmall India Consumption contains 30 stocks. By number of companies, its largest sectors are Healthcare (8 stocks), Consumer Durables (7 stocks) and Realty (4 stocks).

What returns has the Nifty MidSmall India Consumption delivered?

As of June 2026, the Nifty MidSmall India Consumption total return (with dividends reinvested) is -8.16% over the past year and +14.33% 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 MidSmall India Consumption?

Over the year to June 2026, the Nifty MidSmall India Consumption had an annualized volatility (standard deviation of daily returns) of 16.21%. Its beta versus the Nifty 50 is 1.07, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty MidSmall India Consumption?

Across every one-year holding window since 2005, the Nifty MidSmall India Consumption total return has a median of +15.04%, with the best window at +105.57% and the worst at -60.95%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.