Official NSE Sectoral Index·As of 1 Oct 2026

NIFTY PSU BANK Valuation Multiples

Dedicated index for public sector banking corporations majority-owned by the Government of India.

Official NSE Indices
Sector PE RatioOfficial NSE Indices
7.1527.0% below 10Y Median

Consolidated TTM earnings multiple of constituent equities.

Observation Date1 Oct 2026
Price to Book (PB)Official NSE Indices
1.10

Price to book value of net assets across sector holdings.

Observation Date1 Oct 2026
Dividend YieldOfficial NSE Indices
0.81%

Cash dividend yield distributed by constituent companies.

Observation Date1 Oct 2026
vs NIFTY 50 PEDerived · Nifty Valuation Desk
-62.7%Discount vs Benchmark

Relative to consolidated NIFTY 50 PE multiple (19.19).

Observation Date1 Oct 2026

NIFTY PSU BANK Historical Valuation

PE

Official historical valuation series. Benchmark 10Y median: 9.80

Date:1 Oct 2026
Price:—
P/E:7.15x
NSE Verified Daily Observations·Historical data available since Jan 2000 (26+ years of verified daily history)
247 observations loaded
10Y Statistical Range
4.10 – 15.20

Historical trough and peak observations recorded since 2016.

Historical Median PE
9.80

Current PE of 7.15 trades at 27.0% below median.

Key Fundamental Driver
Asset Quality Normalization, Treasury Portfolio Gains, and Return on Assets (RoA)

Primary industry variable driving multiple expansion/contraction.

NIFTY PSU BANK Constituent Equities (12 Stocks)

Official constituent basket with individual valuation and profile access.

Source: Nifty Indices
SymbolCompany NameIndustry / Sub-sectorISIN
BANKBARODABank of BarodaFinancial ServicesINE028A01039
BANKINDIABank of IndiaFinancial ServicesINE084A01016
CANBKCanara BankFinancial ServicesINE476A01022
CENTRALBKCentral Bank of IndiaFinancial ServicesINE483A01010
INDIANBIndian BankFinancial ServicesINE562A01011
IOBIndian Overseas BankFinancial ServicesINE565A01014
MAHABANKBank of MaharashtraFinancial ServicesINE457A01014
PNBPunjab National BankFinancial ServicesINE160A01022
PSBPunjab & Sind BankFinancial ServicesINE608A01012
SBINState Bank of IndiaFinancial ServicesINE062A01020
UCOBANKUCO BankFinancial ServicesINE691A01018
UNIONBANKUnion Bank of IndiaFinancial ServicesINE692A01016
Data coverage: Complete 10-year official historical dataset (2016–2026). Ingested daily from official NSE Indices feeds.Read Methodology →