Index research guide

Nifty Tata Group PE Ratio: Current & Historical Data

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

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

Index Value
18,034.74
Daily Change
-0.40%
PE
39.29
PB
8.62
Dividend Yield
1.15%
Snapshot Date
26 Apr 2024

PE Ratio Snapshot

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

Current PE
39.29
5Y Avg PE
33.07
10Y Avg PE
33.07
15Y Avg PE
33.07
15Y Percentile
83.27%
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 Tata 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 Tata Group
MonthObservation datePE ratio
April 202426 Apr 202439.29
March 202428 Mar 202439.74
February 202429 Feb 202440.17
January 202431 Jan 202440.05
December 202329 Dec 202341.06
November 202330 Nov 202337.23
October 202331 Oct 202334.38
September 202329 Sep 202336.11
August 202330 Aug 202334.80
July 202331 Jul 202334.90
June 202330 Jun 202334.92
May 202331 May 202333.62
April 202327 Apr 202331.57
March 202331 Mar 202331.55
February 202328 Feb 202331.91
January 202331 Jan 202327.92
December 202230 Dec 202229.38
November 202230 Nov 202230.67
October 202231 Oct 202227.00
September 202230 Sep 202225.39
August 202230 Aug 202227.01
July 202229 Jul 202227.38
June 202230 Jun 202225.31
May 202231 May 202226.88
April 202229 Apr 202232.90
March 202231 Mar 202234.73

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

Frequently Asked Questions

The PE ratio (Price-to-Earnings ratio) of Nifty Tata 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 Tata Group's 10-year average PE is approximately 33.07. 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.