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Nifty Top 10 Equal Weight PE Ratio

Moderately UndervaluedStrategyNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
18.03
1Y Median PE
20.48
vs 1Y Median
-11.94%

The Nifty Top 10 Equal Weight PE ratio is 18.03 as of 21 July 2026, about 12% below its 1-year median of 20.48, which places it in moderately undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
1 Year20.48-11.94%

Historical PE Ratio

Performance and risk

1Y total return
-13.44%
5Y total return (p.a.)
+8.04%
Volatility (1Y std dev)
13.27%
Beta vs Nifty 50 (1Y)
0.95

1-year holding windows since 2006 returned a median of +15.06% (best +105.62%, worst -54.65%).

View full performance and risk

Returns as of June 2026, from the NSE factsheet for the Nifty Top 10 Equal Weight. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Top 10 Equal Weight

The Nifty Top 10 Equal Weight contains 10 constituents. Its largest sectors by weight are Financial Services (40.2%) and Information Technology (19.5%).

Financial Services: 40.2%Information Technology: 19.5%Construction: 10.1%Fast Moving Consumer Goods: 10.1%Telecommunication: 10.1%Oil, Gas & Consumable Fuels: 10.0%
SymbolCompanyIndustryWeight(%)
HDFCBANKHDFC Bank Ltd.Financial Services10.26
ICICIBANKICICI Bank Ltd.Financial Services10.21
LTLarsen & Toubro Ltd.Construction10.10
ITCITC Ltd.Fast Moving Consumer Goods10.08
BHARTIARTLBharti Airtel Ltd.Telecommunication10.06
RELIANCEReliance Industries Ltd.Oil Gas & Consumable Fuels10.04
AXISBANKAxis Bank Ltd.Financial Services9.91
KOTAKBANKKotak Mahindra Bank Ltd.Financial Services9.85
TCSTata Consultancy Services Ltd.Information Technology9.82
INFYInfosys Ltd.Information Technology9.66

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 Top 10 Equal Weight PE ratio?

As of 21 July 2026, the Nifty Top 10 Equal Weight PE ratio is 18.03. That is about 12% below its 1-year median of 20.48.

Is the Nifty Top 10 Equal Weight undervalued right now?

On a historical basis it screens as moderately undervalued. Its current PE of 18.03 sits below every median window: 1-year (20.48).

What is a normal PE ratio for the Nifty Top 10 Equal Weight?

Over the past one year its median PE has been 20.48, and over the past six months 18.73. Today's 18.03 is toward the lower end of that historical range.

How many stocks are in the Nifty Top 10 Equal Weight?

The Nifty Top 10 Equal Weight contains 10 stocks. By number of companies, its largest sectors are Financial Services (4 stocks), Information Technology (2 stocks) and Construction (1 stock).

What returns has the Nifty Top 10 Equal Weight delivered?

As of June 2026, the Nifty Top 10 Equal Weight total return (with dividends reinvested) is -13.44% over the past year and +8.04% 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 Top 10 Equal Weight?

Over the year to June 2026, the Nifty Top 10 Equal Weight had an annualized volatility (standard deviation of daily returns) of 13.27%. Its beta versus the Nifty 50 is 0.95, meaning it has moved roughly in line with the broad market.

What is a typical one-year return for the Nifty Top 10 Equal Weight?

Across every one-year holding window since 2006, the Nifty Top 10 Equal Weight total return has a median of +15.06%, with the best window at +105.62% and the worst at -54.65%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.