Back to Nifty Oil & Gas Index Page

Index research guide

Nifty Oil & Gas PE Ratio: Current & Historical Data

Latest available PE ratio, monthly historical observations, long-term averages, and valuation percentile for Nifty Oil & Gas.

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

Index Value
10,536.30
Daily Change
-3.00%
PE
10.50
PB
1.30
Dividend Yield
3.32%
Snapshot Date
20 Oct 2026

PE Ratio Snapshot

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

Current PE
10.50
5Y Avg PE
11.10
10Y Avg PE
11.54
15Y Avg PE
11.54
15Y Percentile
42.89%
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 Oil & Gas. 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 Oil & Gas
MonthObservation datePE ratio
October 202621 Oct 202610.50
September 202630 Sep 202610.58
August 202631 Aug 202610.99
July 202631 Jul 202610.81
June 202630 Jun 20268.76
May 202629 May 20268.99
April 202628 Apr 20269.74
March 202630 Mar 20269.00
February 202627 Feb 202610.36
January 202630 Jan 202610.51
December 202531 Dec 202511.33
November 202528 Nov 202511.38
October 202531 Oct 202511.84
September 202530 Sep 202512.04
August 202529 Aug 202511.44
July 202531 Jul 202513.13
June 202530 Jun 202514.05
May 202530 May 202513.71
April 202530 Apr 202513.39
March 202528 Mar 202512.68
February 202528 Feb 202511.74
January 202531 Jan 202512.89
December 202431 Dec 202412.87
November 202429 Nov 202413.23
October 202431 Oct 202413.16
September 202430 Sep 202412.80
August 202430 Aug 202413.05
July 202430 Jul 202412.04
June 202428 Jun 202410.13
May 202430 May 20249.44
April 202430 Apr 20249.69
March 202428 Mar 20249.38
February 202429 Feb 20249.25
January 202431 Jan 20248.66
December 202329 Dec 20238.20
November 202330 Nov 20237.20

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

Historical Market Crashes: PE & PB Context

How does Nifty Oil & Gas 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
🦠2020 COVID CrashJan 2020 → Mar 202013.398.231.791.08-38.4%
📊 CurrentToday10.50—1.30——

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

Frequently Asked Questions

The PE ratio (Price-to-Earnings ratio) of Nifty Oil & Gas 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 Oil & Gas's 10-year average PE is approximately 11.54. 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.