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Nifty Services Sector PE Ratio

Fairly ValuedThematicNSELast updated: 21 Jul 2026
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Current PE Ratio
19.53
5Y Median PE
21.58
vs 5Y Median
-9.50%

The Nifty Services Sector PE ratio is 19.53 as of 21 July 2026, about 9% below its 5-year median of 21.58, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history22.58-13.51%
7 Years22.06-11.47%
5 Years21.58-9.50%
3 Years21.42-8.82%
1 Year20.87-6.40%

Historical PE Ratio

Performance and risk

1Y total return
-8.48%
5Y total return (p.a.)
+8.15%
Volatility (1Y std dev)
13.85%
Beta vs Nifty 50 (1Y)
1.03

1-year holding windows since 1999 returned a median of +15.15% (best +145.65%, worst -69.10%).

View full performance and risk

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

Stocks in the Nifty Services Sector

The Nifty Services Sector contains 30 constituents. Its largest sectors by weight are Financial Services (62.9%) and Information Technology (11.9%).

Financial Services: 62.9%Information Technology: 11.9%Telecommunication: 8.3%Power: 5.4%Consumer Services: 4.4%Services: 3.8%+2 more sectors
SymbolCompanyIndustryWeight(%)
HDFCBANKHDFC Bank Ltd.Financial Services18.04
ICICIBANKICICI Bank Ltd.Financial Services14.55
BHARTIARTLBharti Airtel Ltd.Telecommunication8.31
SBINState Bank of IndiaFinancial Services6.27
AXISBANKAxis Bank Ltd.Financial Services5.71
INFYInfosys Ltd.Information Technology5.18
KOTAKBANKKotak Mahindra Bank Ltd.Financial Services4.26
BAJFINANCEBajaj Finance Ltd.Financial Services3.98
TCSTata Consultancy Services Ltd.Information Technology3.06
ETERNALEternal Ltd.Consumer Services2.82
ADANIPORTSAdani Ports and Special Economic Zone Ltd.Services
APOLLOHOSPApollo Hospitals Enterprise Ltd.Healthcare
DMARTAvenue Supermarts Ltd.Consumer Services
BSEBSE Ltd.Financial Services
BAJAJFINSVBajaj Finserv Ltd.Financial Services
GAILGAIL (India) Ltd.Oil Gas & Consumable Fuels
HCLTECHHCL Technologies Ltd.Information Technology
HDFCLIFEHDFC Life Insurance Company Ltd.Financial Services
INDUSINDBKIndusInd Bank Ltd.Financial Services
NAUKRIInfo Edge (India) Ltd.Consumer Services
INDIGOInterGlobe Aviation Ltd.Services
JIOFINJio Financial Services Ltd.Financial Services
MAXHEALTHMax Healthcare Institute Ltd.Healthcare
NTPCNTPC Ltd.Power
POWERGRIDPower Grid Corporation of India Ltd.Power
SBILIFESBI Life Insurance Company Ltd.Financial Services
SHRIRAMFINShriram Finance Ltd.Financial Services
TATAPOWERTata Power Co. Ltd.Power
TECHMTech Mahindra Ltd.Information Technology
WIPROWipro Ltd.Information Technology

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 Services Sector PE ratio?

As of 21 July 2026, the Nifty Services Sector PE ratio is 19.53. That is about 9% below its 5-year median of 21.58 and about 6% below its 1-year median of 20.87.

Is the Nifty Services Sector undervalued right now?

On a historical basis it screens as fairly valued. Its current PE of 19.53 sits below every median window: 1-year (20.87), 3-year (21.42), 5-year (21.58), 7-year (22.06) and full-history (22.58).

What is a normal PE ratio for the Nifty Services Sector?

Over the past five years its median PE has been 21.58, and over the past three years 21.42. Today's 19.53 is toward the lower end of that historical range.

How many stocks are in the Nifty Services Sector?

The Nifty Services Sector contains 30 stocks. By number of companies, its largest sectors are Financial Services (13 stocks), Information Technology (5 stocks) and Consumer Services (3 stocks).

What returns has the Nifty Services Sector delivered?

As of June 2026, the Nifty Services Sector total return (with dividends reinvested) is -8.48% over the past year and +8.15% 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 Services Sector?

Over the year to June 2026, the Nifty Services Sector had an annualized volatility (standard deviation of daily returns) of 13.85%. Its beta versus the Nifty 50 is 1.03, meaning it has moved roughly in line with the broad market.

What is a typical one-year return for the Nifty Services Sector?

Across every one-year holding window since 1999, the Nifty Services Sector total return has a median of +15.15%, with the best window at +145.65% and the worst at -69.10%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.