indexPe

Nifty PSU Bank PE Ratio

Fairly ValuedSectoralNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
7.84
5Y Median PE
8.34
vs 5Y Median
-6.00%

The Nifty PSU Bank PE ratio is 7.84 as of 21 July 2026, about 6% below its 5-year median of 8.34, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history8.82-11.11%
15 Years8.88-11.71%
10 Years8.81-11.01%
7 Years8.50-7.76%
5 Years8.34-6.00%
3 Years8.04-2.49%
1 Year8.29-5.49%

Historical PE Ratio

Performance and risk

1Y total return
+18.81%
5Y total return (p.a.)
+28.86%
Volatility (1Y std dev)
23.38%
Beta vs Nifty 50 (1Y)
1.31

1-year holding windows since 2004 returned a median of +15.72% (best +155.63%, worst -67.89%).

Today's PE of 7.94 sits in band 2 of 5 of this index's history (PE 7.2 to 8.2). From this band, 5-year forward returns had a median of +3.70% a year and were positive in 85% of windows (349 windows since 2007).

View full performance and risk

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

Stocks in the Nifty PSU Bank

The Nifty PSU Bank contains 12 constituents.

Financial Services: 12
SymbolCompanyIndustryWeight(%)
SBINState Bank of IndiaFinancial Services33.26
BANKBARODABank of BarodaFinancial Services13.94
CANBKCanara BankFinancial Services11.63
PNBPunjab National BankFinancial Services10.13
UNIONBANKUnion Bank of IndiaFinancial Services9.19
INDIANBIndian BankFinancial Services7.96
MAHABANKBank of MaharashtraFinancial Services5.13
BANKINDIABank of IndiaFinancial Services4.71
CENTRALBKCentral Bank of IndiaFinancial Services1.53
IOBIndian Overseas BankFinancial Services1.37
PSBPunjab & Sind BankFinancial Services
UCOBANKUCO BankFinancial Services

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 PSU Bank PE ratio?

As of 21 July 2026, the Nifty PSU Bank PE ratio is 7.84. That is about 6% below its 5-year median of 8.34 and about 5% below its 1-year median of 8.29.

Is the Nifty PSU Bank undervalued right now?

On a historical basis it screens as fairly valued. Its current PE of 7.84 sits below every median window: 1-year (8.29), 3-year (8.04), 5-year (8.34), 7-year (8.50), 10-year (8.81), 15-year (8.88) and full-history (8.82).

What is a normal PE ratio for the Nifty PSU Bank?

Over the past five years its median PE has been 8.34, and over the past three years 8.04. Today's 7.84 is toward the lower end of that historical range.

How many stocks are in the Nifty PSU Bank?

The Nifty PSU Bank contains 12 stocks. By number of companies, its largest sectors are Financial Services (12 stocks).

What returns has the Nifty PSU Bank delivered?

As of June 2026, the Nifty PSU Bank total return (with dividends reinvested) is +18.81% over the past year and +28.86% 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 PSU Bank?

Over the year to June 2026, the Nifty PSU Bank had an annualized volatility (standard deviation of daily returns) of 23.38%. Its beta versus the Nifty 50 is 1.31, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty PSU Bank?

Across every one-year holding window since 2004, the Nifty PSU Bank total return has a median of +15.72%, with the best window at +155.63% and the worst at -67.89%. 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 PSU Bank currently trades at a PE of 7.94, in band 2 of 5 of its own PE history. Across 349 overlapping 5-year windows since 2007 that began in this band, the median forward return was +3.70% a year, positive in 85% of windows. A past distribution, not a prediction.

Last updated: 21 July 2026.