Index research guide

Nifty Financial Services Valuation: Cheap, Fair, or Expensive?

A data-driven valuation view for Nifty Financial Services using current and historical index metrics.

Data as of: 21 Oct 2026 | Page updated: 21 Oct 2026

Index Value
24,691.45
Daily Change
-1.61%
PE
14.87
PB
2.28
Dividend Yield
1.01%
Snapshot Date
20 Oct 2026

Valuation Zone

Zone is Very Cheap based on historical PB context. Method: percentile.

Very CheapPercentile meter
Valuation Zone
Very Cheap
Current PE
14.87
Current PB
2.28
PB 5Y Avg
3.23
PB 10Y Avg
3.44
Dividend Yield
1.01%
SIP
Increase

Consider increasing SIP if cashflow allows.

Lump-sum
Yes

A small, staggered lump-sum can be considered.

Rules-based educational guidance only. Not a buy/sell call.

Historical Market Crashes: PE & PB Context

How does Nifty Financial Services today compare with major market crashes? This table shows PE and PB at crash peaks and troughs to give historical context.

EventPeriodPeak PETrough PEPeak PBTrough PBDrawdown
🏦2008 Global Financial CrisisJan 2008 → Oct 200836.1510.226.481.53-63.3%
🦠2020 COVID CrashJan 2020 → Mar 202034.1117.114.072.31-42.2%
📊 CurrentToday14.87—2.28——

Peak and trough dates are approximate based on available index data. Drawdown shows the price decline from peak to trough.