Official NSE Sectoral Index·As of 1 Oct 2026

NIFTY PRIVATE BANK Valuation Multiples

Dedicated index focusing exclusively on major private-sector commercial banks with high retail deposit franchises.

Official NSE Indices
Sector PE RatioOfficial NSE Indices
16.4915.0% below 10Y Median

Consolidated TTM earnings multiple of constituent equities.

Observation Date1 Oct 2026
Price to Book (PB)Official NSE Indices
1.91

Price to book value of net assets across sector holdings.

Observation Date1 Oct 2026
Dividend YieldOfficial NSE Indices
0.68%

Cash dividend yield distributed by constituent companies.

Observation Date1 Oct 2026
vs NIFTY 50 PEDerived · Nifty Valuation Desk
-14.1%Discount vs Benchmark

Relative to consolidated NIFTY 50 PE multiple (19.19).

Observation Date1 Oct 2026

NIFTY PRIVATE BANK Historical Valuation

PE

Official historical valuation series. Benchmark 10Y median: 19.40

Date:1 Oct 2026
Price:—
P/E:16.49x
NSE Verified Daily Observations·Historical data available since Jan 2000 (26+ years of verified daily history)
247 observations loaded
10Y Statistical Range
13.20 – 25.80

Historical trough and peak observations recorded since 2016.

Historical Median PE
19.40

Current PE of 16.49 trades at 15.0% below median.

Key Fundamental Driver
CASA Ratio Stability, Retail Loan Underwriting, and Tech-Driven Cost-to-Income Ratios

Primary industry variable driving multiple expansion/contraction.

NIFTY PRIVATE BANK Constituent Equities (10 Stocks)

Official constituent basket with individual valuation and profile access.

Source: Nifty Indices
SymbolCompany NameIndustry / Sub-sectorISIN
AXISBANKAxis Bank Ltd.Financial ServicesINE238A01034
BANDHANBNKBandhan Bank Ltd.Financial ServicesINE545U01014
FEDERALBNKFederal Bank Ltd.Financial ServicesINE171A01029
HDFCBANKHDFC Bank Ltd.Financial ServicesINE040A01034
ICICIBANKICICI Bank Ltd.Financial ServicesINE090A01021
IDFCFIRSTBIDFC First Bank Ltd.Financial ServicesINE092T01019
INDUSINDBKIndusInd Bank Ltd.Financial ServicesINE095A01012
KOTAKBANKKotak Mahindra Bank Ltd.Financial ServicesINE237A01036
RBLBANKRBL Bank Ltd.Financial ServicesINE976G01028
YESBANKYes Bank Ltd.Financial ServicesINE528G01035
Data coverage: Complete 10-year official historical dataset (2016–2026). Ingested daily from official NSE Indices feeds.Read Methodology →