Index research guide

Nifty 50 Valuation: Cheap, Fair, or Expensive?

A data-driven valuation view for Nifty 50 using current and historical index metrics.

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

Index Value
22,811.35
Daily Change
-1.42%
PE
19.26
PB
2.80
Dividend Yield
1.49%
Snapshot Date
20 Oct 2026

Valuation Zone

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

Very CheapPercentile meter
Valuation Zone
Very Cheap
Current PE
19.26
Current PB
2.80
PE 5Y Avg
21.85
PE 10Y Avg
24.76
Dividend Yield
1.49%
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 50 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
💻2000 Dot-com BubbleFeb 2000 → Sep 200128.4712.305.111.92-51.4%
🏦2008 Global Financial CrisisJan 2008 → Oct 200828.2910.686.552.12-59.9%
🦠2020 COVID CrashJan 2020 → Mar 202028.0017.153.632.17-37.8%
📊 CurrentToday19.26—2.80——

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