Nifty Smallcap 50 PE Ratio
The Nifty Smallcap 50 PE ratio is 32.56 as of 21 July 2026, about 16% above its 5-year median of 28.19, which places it in moderately overvalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 28.06 | +16.04% |
| 7 Years | 27.73 | +17.40% |
| 5 Years | 28.19 | +15.52% |
| 3 Years | 29.21 | +11.45% |
| 1 Year | 30.66 | +6.21% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2005 returned a median of +7.76% (best +181.58%, worst -73.37%).
View full performance and risk
Returns as of June 2026, from the NSE factsheet for the Nifty Smallcap 50. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Smallcap 50
The Nifty Smallcap 50 contains 50 constituents. Its largest sectors by weight are Financial Services (37.6%) and Healthcare (19.7%).
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 50 PE ratio?
As of 21 July 2026, the Nifty Smallcap 50 PE ratio is 32.56. That is about 16% above its 5-year median of 28.19 and about 6% above its 1-year median of 30.66.
Is the Nifty Smallcap 50 undervalued right now?
On a historical basis it screens as moderately overvalued. Its current PE of 32.56 sits above every median window: 1-year (30.66), 3-year (29.21), 5-year (28.19), 7-year (27.73) and full-history (28.06).
What is a normal PE ratio for the Nifty Smallcap 50?
Over the past five years its median PE has been 28.19, and over the past three years 29.21. Today's 32.56 is toward the upper end of that historical range.
How many stocks are in the Nifty Smallcap 50?
The Nifty Smallcap 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (16 stocks), Healthcare (11 stocks) and Capital Goods (3 stocks).
What returns has the Nifty Smallcap 50 delivered?
As of June 2026, the Nifty Smallcap 50 total return (with dividends reinvested) is +2.25% over the past year and +14.72% 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 50?
Over the year to June 2026, the Nifty Smallcap 50 had an annualized volatility (standard deviation of daily returns) of 18.32%. Its beta versus the Nifty 50 is 1.16, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty Smallcap 50?
Across every one-year holding window since 2005, the Nifty Smallcap 50 total return has a median of +7.76%, with the best window at +181.58% and the worst at -73.37%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
Last updated: 21 July 2026.