Nifty pe ratio today: The PE Ratio of the

The PE Ratio of the NIFTY over the last 20 years The Nifty’s PE Ratio is the Nifty’s market cap divided by the earnings of the companies, added up. The ratio is used as a valuation relative to the past. See Nifty 50 EPS today, with live chart. Compare NSE Nifty 50 by performance, price, EPS, dividend yield. PE ratio is also known as "price multiple" or "earnings multiple". If P/E is 15, it means Nifty is 15 times its earnings. Nifty is considered to be in oversold range when Nifty PE value is below 14 and it's considered to be in overvalued range when Nifty PE is near or above 22. The P/E ratio is a measure to know how expensive the stock is when compared to scrips within the same industry or with the industry. Index P/E can be used as an effective comparison benchmark.