Nifty Smallcap 250 PE Ratio

Significantly OvervaluedBroad MarketNSELast updated: 21 Jul 2026

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Current PE Ratio

35.99

5Y Median PE

28.30

vs 5Y Median

+27.20%

The Nifty Smallcap 250 PE ratio is 35.99 as of 21 July 2026, about 27% above its 5-year median of 28.30, which places it in significantly overvalued territory on a historical basis.

PE Ratio vs Historical Medians

Period	Median PE	Current vs Median
Full history	30.70	+17.23%
7 Years	29.96	+20.13%
5 Years	28.30	+27.20%
3 Years	29.61	+21.57%
1 Year	29.91	+20.33%

Historical PE Ratio

Performance and risk

1Y total return

+0.15%

5Y total return (p.a.)

+16.81%

Volatility (1Y std dev)

17.09%

Beta vs Nifty 50 (1Y)

1.08

1-year holding windows since 2005 returned a median of +10.25% (best +175.39%, worst -69.45%).

View full performance and risk

Returns as of June 2026, from the NSE factsheet for the Nifty Smallcap 250. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Smallcap 250

The Nifty Smallcap 250 contains 250 constituents. Its largest sectors by weight are Financial Services (22.1%) and Healthcare (14.0%).

Financial Services: 22.1%Healthcare: 14.0%Capital Goods: 13.4%Automobile and Auto Components: 8.6%Chemicals: 7.1%Consumer Services: 4.4%+14 more sectors

Symbol	Company	Industry	Weight(%)
NAVINFLUOR	Navin Fluorine International Ltd.	Chemicals	1.33
KARURVYSYA	Karur Vysya Bank Ltd.	Financial Services	1.31
SONACOMS	Sona BLW Precision Forgings Ltd.	Automobile and Auto Components	1.31
DELHIVERY	Delhivery Ltd.	Services	1.24
PIRAMALFIN	Piramal Finance Ltd.	Financial Services	1.22
CDSL	Central Depository Services (India) Ltd.	Financial Services	1.09
ATHERENERG	Ather Energy Ltd.	Automobile and Auto Components	1.03
HFCL	HFCL Ltd.	Telecommunication	1.02
ANGELONE	Angel One Ltd.	Financial Services	1.01
KIMS	Krishna Institute of Medical Sciences Ltd.	Healthcare	0.99
ACMESOLAR	ACME Solar Holdings Ltd.	Power
AADHARHFC	Aadhar Housing Finance Ltd.	Financial Services
AARTIIND	Aarti Industries Ltd.	Chemicals
AAVAS	Aavas Financiers Ltd.	Financial Services
ACE	Action Construction Equipment Ltd.	Capital Goods
ACUTAAS	Acutaas Chemicals Ltd.	Healthcare
ABFRL	Aditya Birla Fashion and Retail Ltd.	Consumer Services
ABLBL	Aditya Birla Lifestyle Brands Ltd.	Consumer Services
ABREL	Aditya Birla Real Estate Ltd.	Realty
ABSLAMC	Aditya Birla Sun Life AMC Ltd.	Financial Services
CPPLUS	Aditya Infotech Ltd.	Capital Goods
AEGISLOG	Aegis Logistics Ltd.	Oil Gas & Consumable Fuels
AEGISVOPAK	Aegis Vopak Terminals Ltd.	Oil Gas & Consumable Fuels
AFCONS	Afcons Infrastructure Ltd.	Construction
AFFLE	Affle 3i Ltd.	Information Technology
ABDL	Allied Blenders and Distillers Ltd.	Fast Moving Consumer Goods
ARE&M	Amara Raja Energy & Mobility Ltd.	Automobile and Auto Components
AMBER	Amber Enterprises India Ltd.	Consumer Durables
ANANDRATHI	Anand Rathi Wealth Ltd.	Financial Services
ANANTRAJ	Anant Raj Ltd.	Realty
ANURAS	Anupam Rasayan India Ltd.	Chemicals
APTUS	Aptus Value Housing Finance India Ltd.	Financial Services
ASAHIINDIA	Asahi India Glass Ltd.	Automobile and Auto Components
ASTERDM	Aster DM Healthcare Ltd.	Healthcare
ATUL	Atul Ltd.	Chemicals
BEML	BEML Ltd.	Capital Goods
BLS	BLS International Services Ltd.	Consumer Services
BALRAMCHIN	Balrampur Chini Mills Ltd.	Fast Moving Consumer Goods
BANDHANBNK	Bandhan Bank Ltd.	Financial Services
BATAINDIA	Bata India Ltd.	Consumer Durables
BAYERCROP	Bayer Cropscience Ltd.	Chemicals
BELRISE	Belrise Industries Ltd.	Automobile and Auto Components
BIKAJI	Bikaji Foods International Ltd.	Fast Moving Consumer Goods
BSOFT	Birlasoft Ltd.	Information Technology
BLUEDART	Blue Dart Express Ltd.	Services
BLUEJET	Blue Jet Healthcare Ltd.	Healthcare
BBTC	Bombay Burmah Trading Corporation Ltd.	Fast Moving Consumer Goods
FIRSTCRY	Brainbees Solutions Ltd.	Consumer Services
BRIGADE	Brigade Enterprises Ltd.	Realty
MAPMYINDIA	C.E. Info Systems Ltd.	Information Technology
CCL	CCL Products (I) Ltd.	Fast Moving Consumer Goods
CESC	CESC Ltd.	Power
CIEINDIA	CIE Automotive India Ltd.	Automobile and Auto Components
CANFINHOME	Can Fin Homes Ltd.	Financial Services
CANHLIFE	Canara HSBC Life Insurance Company Ltd.	Financial Services
CAPLIPOINT	Caplin Point Laboratories Ltd.	Healthcare
CGCL	Capri Global Capital Ltd.	Financial Services
CARBORUNIV	Carborundum Universal Ltd.	Capital Goods
CARTRADE	Cartrade Tech Ltd.	Consumer Services
CASTROLIND	Castrol India Ltd.	Oil Gas & Consumable Fuels
CEATLTD	Ceat Ltd.	Automobile and Auto Components
CEMPRO	Cemindia Projects Ltd.	Construction
CENTRALBK	Central Bank of India	Financial Services
CHALET	Chalet Hotels Ltd.	Consumer Services
CHAMBLFERT	Chambal Fertilizers & Chemicals Ltd.	Chemicals
CHENNPETRO	Chennai Petroleum Corporation Ltd.	Oil Gas & Consumable Fuels
CHOICEIN	Choice International Ltd.	Financial Services
CHOLAHLDNG	Cholamandalam Financial Holdings Ltd.	Financial Services
CUB	City Union Bank Ltd.	Financial Services
CLEAN	Clean Science and Technology Ltd.	Chemicals
COHANCE	Cohance Lifesciences Ltd.	Healthcare
CAMS	Computer Age Management Services Ltd.	Financial Services
CONCORDBIO	Concord Biotech Ltd.	Healthcare
CRAFTSMAN	Craftsman Automation Ltd.	Automobile and Auto Components
CREDITACC	CreditAccess Grameen Ltd.	Financial Services
CROMPTON	Crompton Greaves Consumer Electricals Ltd.	Consumer Durables
CYIENT	Cyient Ltd.	Information Technology
DCMSHRIRAM	DCM Shriram Ltd.	Diversified
DOMS	DOMS Industries Ltd.	Fast Moving Consumer Goods
DATAPATTNS	Data Patterns (India) Ltd.	Capital Goods
DEEPAKFERT	Deepak Fertilisers & Petrochemicals Corp. Ltd.	Chemicals
DEEPAKNTR	Deepak Nitrite Ltd.	Chemicals
DEVYANI	Devyani International Ltd.	Consumer Services
LALPATHLAB	Dr. Lal Path Labs Ltd.	Healthcare
EIDPARRY	E.I.D. Parry (India) Ltd.	Fast Moving Consumer Goods
EIHOTEL	EIH Ltd.	Consumer Services
ELECON	Elecon Engineering Co. Ltd.	Capital Goods
ELGIEQUIP	Elgi Equipments Ltd.	Capital Goods
EMAMILTD	Emami Ltd.	Fast Moving Consumer Goods
EMCURE	Emcure Pharmaceuticals Ltd.	Healthcare
EMMVEE	Emmvee Photovoltaic Power Ltd.	Capital Goods
ENGINERSIN	Engineers India Ltd.	Construction
ERIS	Eris Lifesciences Ltd.	Healthcare
FACT	Fertilisers and Chemicals Travancore Ltd.	Chemicals
FINCABLES	Finolex Cables Ltd.	Capital Goods
FSL	Firstsource Solutions Ltd.	Services
FIVESTAR	Five-Star Business Finance Ltd.	Financial Services
FORCEMOT	Force Motors Ltd.	Automobile and Auto Components
GABRIEL	Gabriel India Ltd.	Automobile and Auto Components
GALLANTT	Gallantt Ispat Ltd.	Capital Goods
GRSE	Garden Reach Shipbuilders & Engineers Ltd.	Capital Goods
GILLETTE	Gillette India Ltd.	Fast Moving Consumer Goods
GLAND	Gland Pharma Ltd.	Healthcare
GODIGIT	Go Digit General Insurance Ltd.	Financial Services
GPIL	Godawari Power & Ispat Ltd.	Capital Goods
GRANULES	Granules India Ltd.	Healthcare
GRAPHITE	Graphite India Ltd.	Capital Goods
GRAVITA	Gravita India Ltd.	Metals & Mining
GESHIP	Great Eastern Shipping Co. Ltd.	Services
GMDCLTD	Gujarat Mineral Development Corporation Ltd.	Metals & Mining
HEG	H.E.G. Ltd.	Capital Goods
HBLENGINE	HBL Engineering Ltd.	Capital Goods
HSCL	Himadri Speciality Chemical Ltd.	Chemicals
HINDCOPPER	Hindustan Copper Ltd.	Metals & Mining
HOMEFIRST	Home First Finance Company India Ltd.	Financial Services
HONASA	Honasa Consumer Ltd.	Fast Moving Consumer Goods
IDBI	IDBI Bank Ltd.	Financial Services
IFCI	IFCI Ltd.	Financial Services
IIFL	IIFL Finance Ltd.	Financial Services
IRB	IRB Infrastructure Developers Ltd.	Construction
IRCON	IRCON International Ltd.	Construction
ITI	ITI Ltd.	Telecommunication
INDGN	Indegene Ltd.	Healthcare
INDIACEM	India Cements Ltd.	Construction Materials
INDIAMART	Indiamart Intermesh Ltd.	Consumer Services
IEX	Indian Energy Exchange Ltd.	Financial Services
IOB	Indian Overseas Bank	Financial Services
IGL	Indraprastha Gas Ltd.	Oil Gas & Consumable Fuels
INOXWIND	Inox Wind Ltd.	Capital Goods
INTELLECT	Intellect Design Arena Ltd.	Information Technology
IGIL	International Gemological Institute Ltd.	Services
IKS	Inventurus Knowledge Solutions Ltd.	Information Technology
JBCHEPHARM	J.B. Chemicals & Pharmaceuticals Ltd.	Healthcare
JBMA	JBM Auto Ltd.	Automobile and Auto Components
JKTYRE	JK Tyre & Industries Ltd.	Automobile and Auto Components
JMFINANCIL	JM Financial Ltd.	Financial Services
JSWCEMENT	JSW Cement Ltd.	Construction Materials
JSWDULUX	JSW Dulux Ltd.	Consumer Durables
JAINREC	Jain Resource Recycling Ltd.	Metals & Mining
JPPOWER	Jaiprakash Power Ventures Ltd.	Power
J&KBANK	Jammu & Kashmir Bank Ltd.	Financial Services
JINDALSAW	Jindal Saw Ltd.	Capital Goods
JUBLINGREA	Jubilant Ingrevia Ltd.	Chemicals
JUBLPHARMA	Jubilant Pharmova Ltd.	Healthcare
JWL	Jupiter Wagons Ltd.	Capital Goods
JYOTICNC	Jyoti CNC Automation Ltd.	Capital Goods
KAJARIACER	Kajaria Ceramics Ltd.	Consumer Durables
KPIL	Kalpataru Projects International Ltd.	Construction
KAYNES	Kaynes Technology India Ltd.	Capital Goods
KEC	Kec International Ltd.	Construction
KFINTECH	Kfin Technologies Ltd.	Financial Services
KIRLOSENG	Kirloskar Oil Eng Ltd.	Capital Goods
LTFOODS	LT Foods Ltd.	Fast Moving Consumer Goods
LATENTVIEW	Latent View Analytics Ltd.	Information Technology
THELEELA	Leela Palaces Hotels & Resorts Ltd.	Consumer Services
LEMONTREE	Lemon Tree Hotels Ltd.	Consumer Services
MMTC	MMTC Ltd.	Services
MGL	Mahanagar Gas Ltd.	Oil Gas & Consumable Fuels
MANAPPURAM	Manappuram Finance Ltd.	Financial Services
MRPL	Mangalore Refinery & Petrochemicals Ltd.	Oil Gas & Consumable Fuels
MEESHO	Meesho Ltd.	Consumer Services
MINDACORP	Minda Corporation Ltd.	Automobile and Auto Components
MSUMI	Motherson Sumi Wiring India Ltd.	Automobile and Auto Components
NATCOPHARM	NATCO Pharma Ltd.	Healthcare
NBCC	NBCC (India) Ltd.	Construction
NCC	NCC Ltd.	Construction
NSLNISP	NMDC Steel Ltd.	Metals & Mining
NH	Narayana Hrudayalaya Ltd.	Healthcare
NAVA	Nava Ltd.	Power
NETWEB	Netweb Technologies India Ltd.	Information Technology
NEULANDLAB	Neuland Laboratories Ltd.	Healthcare
NEWGEN	Newgen Software Technologies Ltd.	Information Technology
NIVABUPA	Niva Bupa Health Insurance Company Ltd.	Financial Services
NUVAMA	Nuvama Wealth Management Ltd.	Financial Services
NUVOCO	Nuvoco Vistas Corporation Ltd.	Construction Materials
OLAELEC	Ola Electric Mobility Ltd.	Automobile and Auto Components
OLECTRA	Olectra Greentech Ltd.	Automobile and Auto Components
ONESOURCE	Onesource Specialty Pharma Ltd.	Healthcare
PCBL	PCBL Chemical Ltd.	Chemicals
PGEL	PG Electroplast Ltd.	Consumer Durables
PNBHOUSING	PNB Housing Finance Ltd.	Financial Services
PTCIL	PTC Industries Ltd.	Capital Goods
PVRINOX	PVR INOX Ltd.	Media Entertainment & Publication
PARADEEP	Paradeep Phosphates Ltd.	Chemicals
PFIZER	Pfizer Ltd.	Healthcare
PWL	Physicswallah Ltd.	Consumer Services
PINELABS	Pine Labs Ltd.	Financial Services
PPLPHARMA	Piramal Pharma Ltd.	Healthcare
POLYMED	Poly Medicure Ltd.	Healthcare
POONAWALLA	Poonawalla Fincorp Ltd.	Financial Services
RRKABEL	R R Kabel Ltd.	Capital Goods
RBLBANK	RBL Bank Ltd.	Financial Services
RHIM	RHI MAGNESITA INDIA LTD.	Capital Goods
RITES	RITES Ltd.	Construction
RAILTEL	Railtel Corporation Of India Ltd.	Telecommunication
RAINBOW	Rainbow Childrens Medicare Ltd.	Healthcare
RKFORGE	Ramkrishna Forgings Ltd.	Automobile and Auto Components
REDINGTON	Redington Ltd.	Services
RPOWER	Reliance Power Ltd.	Power
SBFC	SBFC Finance Ltd.	Financial Services
SAGILITY	Sagility Ltd.	Information Technology
SAILIFE	Sai Life Sciences Ltd.	Healthcare
SAMMAANCAP	Sammaan Capital Ltd.	Financial Services
SAPPHIRE	Sapphire Foods India Ltd.	Consumer Services
SARDAEN	Sarda Energy and Minerals Ltd.	Metals & Mining
SAREGAMA	Saregama India Ltd	Media Entertainment & Publication
SCHNEIDER	Schneider Electric Infrastructure Ltd.	Capital Goods
SCI	Shipping Corporation of India Ltd.	Services
SHYAMMETL	Shyam Metalics and Energy Ltd.	Capital Goods
SIGNATURE	Signatureglobal (India) Ltd.	Realty
SOBHA	Sobha Ltd.	Realty
SONATSOFTW	Sonata Software Ltd.	Information Technology
STARHEALTH	Star Health and Allied Insurance Company Ltd.	Financial Services
SUMICHEM	Sumitomo Chemical India Ltd.	Chemicals
SUNTV	Sun TV Network Ltd.	Media Entertainment & Publication
SPLPETRO	Supreme Petrochem Ltd.	Chemicals
SWANCORP	Swan Corp Ltd.	Chemicals
SYNGENE	Syngene International Ltd.	Healthcare
SYRMA	Syrma SGS Technology Ltd.	Capital Goods
TBOTEK	TBO Tek Ltd.	Consumer Services
TATACHEM	Tata Chemicals Ltd.	Chemicals
TATATECH	Tata Technologies Ltd.	Information Technology
TTML	Tata Teleservices (Maharashtra) Ltd.	Telecommunication
TECHNOE	Techno Electric & Engineering Company Ltd.	Construction
TEGA	Tega Industries Ltd.	Capital Goods
TEJASNET	Tejas Networks Ltd.	Telecommunication
TENNIND	Tenneco Clean Air India Ltd.	Automobile and Auto Components
RAMCOCEM	The Ramco Cements Ltd.	Construction Materials
TIMKEN	Timken India Ltd.	Capital Goods
TITAGARH	Titagarh Rail Systems Ltd.	Capital Goods
TARIL	Transformers And Rectifiers (India) Ltd.	Capital Goods
TRAVELFOOD	Travel Food Services Ltd.	Consumer Services
TRIDENT	Trident Ltd.	Textiles
TRITURBINE	Triveni Turbine Ltd.	Capital Goods
UCOBANK	UCO Bank	Financial Services
UTIAMC	UTI Asset Management Company Ltd.	Financial Services
URBANCO	Urban Company Ltd.	Consumer Services
USHAMART	Usha Martin Ltd.	Capital Goods
VTL	Vardhman Textiles Ltd.	Textiles
VIJAYA	Vijaya Diagnostic Centre Ltd.	Healthcare
WELCORP	Welspun Corp Ltd.	Capital Goods
WELSPUNLIV	Welspun Living Ltd.	Textiles
WHIRLPOOL	Whirlpool of India Ltd.	Consumer Durables
WOCKPHARMA	Wockhardt Ltd.	Healthcare
ZFCVINDIA	ZF Commercial Vehicle Control Systems India Ltd.	Automobile and Auto Components
ZEEL	Zee Entertainment Enterprises Ltd.	Media Entertainment & Publication
ZENTEC	Zen Technologies Ltd.	Capital Goods
ZENSARTECH	Zensar Technolgies Ltd.	Information Technology
ZYDUSWELL	Zydus Wellness Ltd.	Fast Moving Consumer Goods
ECLERX	eClerx Services Ltd.	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 Smallcap 250 PE ratio?

As of 21 July 2026, the Nifty Smallcap 250 PE ratio is 35.99. That is about 27% above its 5-year median of 28.30 and about 20% above its 1-year median of 29.91.

Is the Nifty Smallcap 250 undervalued right now?

On a historical basis it screens as significantly overvalued. Its current PE of 35.99 sits above every median window: 1-year (29.91), 3-year (29.61), 5-year (28.30), 7-year (29.96) and full-history (30.70).

What is a normal PE ratio for the Nifty Smallcap 250?

Over the past five years its median PE has been 28.30, and over the past three years 29.61. Today's 35.99 is toward the upper end of that historical range.

How many stocks are in the Nifty Smallcap 250?

The Nifty Smallcap 250 contains 250 stocks. By number of companies, its largest sectors are Financial Services (42 stocks), Capital Goods (35 stocks) and Healthcare (27 stocks).

What returns has the Nifty Smallcap 250 delivered?

As of June 2026, the Nifty Smallcap 250 total return (with dividends reinvested) is +0.15% over the past year and +16.81% 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 Smallcap 250?

Over the year to June 2026, the Nifty Smallcap 250 had an annualized volatility (standard deviation of daily returns) of 17.09%. Its beta versus the Nifty 50 is 1.08, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty Smallcap 250?

Across every one-year holding window since 2005, the Nifty Smallcap 250 total return has a median of +10.25%, with the best window at +175.39% and the worst at -69.45%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.