Official NSE Sectoral Index·As of 1 Oct 2026
NIFTY BANK Valuation Multiples
Benchmark index reflecting the performance of India's banking sector. Comprises leading private and public banking entities driving credit growth and financial intermediation.
Official NSE Indices
Sector PE RatioOfficial NSE Indices
12.9123.2% below 10Y Median
Consolidated TTM earnings multiple of constituent equities.
Observation Date1 Oct 2026
Price to Book (PB)Official NSE Indices
1.64
Price to book value of net assets across sector holdings.
Observation Date1 Oct 2026
Dividend YieldOfficial NSE Indices
0.73%
Cash dividend yield distributed by constituent companies.
Observation Date1 Oct 2026
vs NIFTY 50 PEDerived · Nifty Valuation Desk
-32.7%Discount vs Benchmark
Relative to consolidated NIFTY 50 PE multiple (19.19).
Observation Date1 Oct 2026
NIFTY BANK Historical Valuation
PEOfficial historical valuation series. Benchmark 10Y median: 16.80
Date:1 Oct 2026
Price:—
P/E:12.91x
P/B:1.64x
Div Yield:0.73%
Single Merged Chart: Left Scale = Price (₹) | Right Scale = P/E Multiple (x)Synchronized Time Axis & Crosshair
NSE Verified Daily Observations·Historical data available since Jan 2000 (26+ years of verified daily history)
247 observations loaded
10Y Statistical Range
10.20 – 22.40
Historical trough and peak observations recorded since 2016.
Historical Median PE
16.80
Current PE of 12.91 trades at 23.2% below median.
Key Fundamental Driver
Net Interest Margins (NIM), Credit Growth, and NPA Provisioning Cycles
Primary industry variable driving multiple expansion/contraction.
NIFTY BANK Constituent Equities (14 Stocks)
Official constituent basket with individual valuation and profile access.
Data coverage: Complete 10-year official historical dataset (2016–2026). Ingested daily from official NSE Indices feeds.Read Methodology →