Nifty MidSmall IT & Telecom PE Ratio
The Nifty MidSmall IT & Telecom PE ratio is 18.62 as of 21 July 2026, about 82% below its 3-year median of 103.19, which places it in significantly undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 3 Years | 103.19 | -81.96% |
| 1 Year | 63.91 | -70.86% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2005 returned a median of +8.53% (best +205.95%, worst -63.87%).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty MidSmall IT & Telecom. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty MidSmall IT & Telecom
The Nifty MidSmall IT & Telecom contains 20 constituents. Its largest sectors by number of companies are Information Technology (15) and Telecommunication (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 MidSmall IT & Telecom PE ratio?
As of 21 July 2026, the Nifty MidSmall IT & Telecom PE ratio is 18.62. That is about 82% below its 3-year median of 103.19 and about 71% below its 1-year median of 63.91.
Is the Nifty MidSmall IT & Telecom undervalued right now?
On a historical basis it screens as significantly undervalued. Its current PE of 18.62 sits below every median window: 1-year (63.91) and 3-year (103.19).
What is a normal PE ratio for the Nifty MidSmall IT & Telecom?
Over the past three years its median PE has been 103.19, and over the past one year 63.91. Today's 18.62 is toward the lower end of that historical range.
How many stocks are in the Nifty MidSmall IT & Telecom?
The Nifty MidSmall IT & Telecom contains 20 stocks. By number of companies, its largest sectors are Information Technology (15 stocks) and Telecommunication (5 stocks).
What returns has the Nifty MidSmall IT & Telecom delivered?
As of June 2026, the Nifty MidSmall IT & Telecom total return (with dividends reinvested) is -12.02% over the past year and +11.60% 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 IT & Telecom?
Over the year to June 2026, the Nifty MidSmall IT & Telecom had an annualized volatility (standard deviation of daily returns) of 20.42%. Its beta versus the Nifty 50 is 1.00, meaning it has moved roughly in line with the broad market.
What is a typical one-year return for the Nifty MidSmall IT & Telecom?
Across every one-year holding window since 2005, the Nifty MidSmall IT & Telecom total return has a median of +8.53%, with the best window at +205.95% and the worst at -63.87%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
Last updated: 21 July 2026.