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Index research guide

Nifty SME Emerge PE Ratio: Current & Historical Data

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

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

Index Value
14,448.00
Daily Change
-4.97%
PE
22.14
PB
3.30
Dividend Yield
0.07%
Snapshot Date
20 Oct 2026

PE Ratio Snapshot

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

Current PE
22.14
5Y Avg PE
72.85
10Y Avg PE
72.85
15Y Avg PE
72.85
15Y Percentile
0.17%
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 SME Emerge. 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 SME Emerge
MonthObservation datePE ratio
October 202621 Oct 202622.14
September 202630 Sep 202623.48
April 202511 Apr 202533.85
March 202528 Mar 202533.41
February 202528 Feb 202542.39
January 202531 Jan 202577.09
December 202431 Dec 2024148.76
November 202429 Nov 2024124.84
October 202431 Oct 2024119.79
September 202430 Sep 2024119.52
August 202430 Aug 2024107.59
July 202430 Jul 2024100.91
June 202428 Jun 202495.38
May 202430 May 202482.76
April 202430 Apr 202481.84
March 202428 Mar 202470.49
February 202429 Feb 202467.70
January 202431 Jan 202466.61
December 202329 Dec 202355.91
November 202330 Nov 202358.65

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

Frequently Asked Questions

The PE ratio (Price-to-Earnings ratio) of Nifty SME Emerge 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 SME Emerge's 10-year average PE is approximately 72.85. 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.