Nifty MNC PE Ratio
The Nifty MNC PE ratio is 36.15 as of 21 July 2026, about 11% below its 5-year median of 40.81, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 31.15 | +16.05% |
| 15 Years | 36.46 | -0.85% |
| 10 Years | 36.34 | -0.52% |
| 7 Years | 41.12 | -12.09% |
| 5 Years | 40.81 | -11.43% |
| 3 Years | 37.77 | -4.28% |
| 1 Year | 36.47 | -0.88% |
Historical PE Ratio
Performance and risk
1-year holding windows since 1995 returned a median of +12.69% (best +116.52%, worst -50.16%).
Today's PE of 35.93 sits in band 4 of 5 of this index's history (PE 34.6 to 43.0). From this band, 5-year forward returns had a median of +13.48% a year and were positive in 100% of windows (832 windows since 1996).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty MNC. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty MNC
The Nifty MNC contains 30 constituents. Its largest sectors by weight are Fast Moving Consumer Goods (33.8%) and Capital Goods (28.1%).
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 MNC PE ratio?
As of 21 July 2026, the Nifty MNC PE ratio is 36.15. That is about 11% below its 5-year median of 40.81 and about 1% below its 1-year median of 36.47.
Is the Nifty MNC undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 36.15 compares with its historical medians: 1-year (36.47), 3-year (37.77), 5-year (40.81), 7-year (41.12), 10-year (36.34), 15-year (36.46) and full-history (31.15).
What is a normal PE ratio for the Nifty MNC?
Over the past five years its median PE has been 40.81, and over the past three years 37.77. Today's 36.15 is toward the lower end of that historical range.
How many stocks are in the Nifty MNC?
The Nifty MNC contains 30 stocks. By number of companies, its largest sectors are Capital Goods (8 stocks), Fast Moving Consumer Goods (7 stocks) and Automobile and Auto Components (4 stocks).
What returns has the Nifty MNC delivered?
As of June 2026, the Nifty MNC total return (with dividends reinvested) is +13.79% over the past year and +14.53% 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 MNC?
Over the year to June 2026, the Nifty MNC had an annualized volatility (standard deviation of daily returns) of 14.44%. Its beta versus the Nifty 50 is 0.92, meaning it has moved less than the broad market.
What is a typical one-year return for the Nifty MNC?
Across every one-year holding window since 1995, the Nifty MNC total return has a median of +12.69%, with the best window at +116.52% and the worst at -50.16%. 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 MNC currently trades at a PE of 35.93, in band 4 of 5 of its own PE history. Across 832 overlapping 5-year windows since 1996 that began in this band, the median forward return was +13.48% a year, positive in 100% of windows. A past distribution, not a prediction.
Last updated: 21 July 2026.