Index research guide

Nifty India Corporate Group - Mahindra Group PE Ratio: Current & Historical Data

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

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

Index Value
34,779.99
Daily Change
0.39%
PE
20.35
PB
3.56
Dividend Yield
1.47%
Snapshot Date
20 Oct 2026

PE Ratio Snapshot

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

Current PE
20.35
5Y Avg PE
24.98
10Y Avg PE
24.98
15Y Avg PE
24.98
15Y Percentile
5.13%
Data As Of
21 Oct 2026

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 India Corporate Group Index - 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 India Corporate Group Index - Mahindra Group
MonthObservation datePE ratio
October 202621 Oct 202620.35
September 202630 Sep 202620.07
August 202631 Aug 202621.97
July 202631 Jul 202623.99
June 202630 Jun 202621.85
May 202629 May 202621.89
April 202628 Apr 202623.41
March 202630 Mar 202623.03
February 202627 Feb 202625.87
January 202630 Jan 202629.16
December 202531 Dec 202530.45
November 202528 Nov 202530.19
October 202531 Oct 202528.83
June 202530 Jun 202529.67

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

Frequently Asked Questions

The PE ratio (Price-to-Earnings ratio) of Nifty India Corporate Group Index - 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 India Corporate Group Index - Mahindra Group's 10-year average PE is approximately 24.98. 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.