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Index research guide

Nifty Mahindra Group PE Ratio: Current & Historical Data

Latest available PE ratio, monthly historical observations, long-term averages, and valuation percentile for Nifty Mahindra Group.

Data as of: 26 Apr 2024 | Page updated: 26 Apr 2024

Index Value
25,155.49
Daily Change
0.55%
PE
25.38
PB
3.77
Dividend Yield
1.60%
Snapshot Date
26 Apr 2024

PE Ratio Snapshot

PE ratio compares index price with index earnings. For Nifty Mahindra Group, the current PE is compared with its own historical averages so the reading stays index-specific.

Current PE
25.38
5Y Avg PE
19.24
10Y Avg PE
19.24
15Y Avg PE
19.24
15Y Percentile
99.21%
Data As Of
26 Apr 2024

Monthly Historical PE Ratios

For each month with observations in the latest 36 calendar months, this table shows the last available PE reading for Nifty Mahindra Group. These are dated snapshots, not monthly averages. The latest month may be incomplete. A dash means PE is unavailable on that observation date. Months without observations are omitted.

Monthly PE observations for Nifty Mahindra Group
MonthObservation datePE ratio
April 202426 Apr 202425.38
March 202428 Mar 202424.27
February 202429 Feb 202424.50
January 202431 Jan 202422.93
December 202329 Dec 202322.03
November 202330 Nov 202321.19
October 202331 Oct 202318.68
September 202329 Sep 202319.18
August 202330 Aug 202319.28
July 202331 Jul 202319.49
June 202330 Jun 202319.08
May 202331 May 202317.66
April 202327 Apr 202316.17
March 202331 Mar 202315.87
February 202328 Feb 202316.87
January 202331 Jan 202317.21
December 202230 Dec 202216.25
November 202230 Nov 202216.72
October 202231 Oct 202216.75
September 202230 Sep 202215.85
August 202230 Aug 202216.58
July 202229 Jul 202219.94
June 202230 Jun 202218.72
May 202231 May 202219.30
April 202229 Apr 202221.84
March 202231 Mar 202222.64

Read the data sources and methodology for PE definitions and data limitations.

Frequently Asked Questions

The PE ratio (Price-to-Earnings ratio) of Nifty Mahindra Group measures how much investors are paying per unit of index earnings. It is calculated by dividing the index price by the aggregate earnings per share of all constituents. A higher PE means investors are paying more for each rupee of earnings.
A good PE ratio depends on historical context rather than an absolute number. Nifty Mahindra Group's 10-year average PE is approximately 19.24. A PE below this average may suggest relatively better value, while a PE significantly above it may indicate stretched valuations.
A lower PE can indicate better value, but it should not be read in isolation. A low PE may also reflect declining earnings expectations or structural challenges in the index constituents. Always read PE alongside PB ratio, dividend yield, and earnings growth trends for a complete picture.
The PE ratio on Index Screener is updated daily based on the latest available market data from NSE. The data is refreshed after market close on each trading day.
The PE ratio is calculated by dividing the current index level by the weighted earnings per share of all constituent companies. NSE publishes this data officially, and Index Screener tracks and displays it with historical context.