Nifty Bank

Benchmarking the Strength of Indian Banking

As of Mar 30, 2026, the PE ratio is 13.38 and the PB ratio is 1.71

Select Index

Full history is available on Pro. Upgrade to Pro.

Index Report

Easy-to-read, rules-based summary. Educational only.

1) Index Snapshot (1-minute read)

Nifty Bank is at 50,275.35 as of Mar 30, 2026. 1Y CAGR is 4.49%. It is 18.32% below its recent peak. Current valuation: PE 13.38, PB 1.71.

As of

Mar 30, 2026

Current Value

50,275.35

PE / PB

13.38 / 1.71

Dividend Yield

1.17%

1Y CAGR

4.49%

3Y CAGR

5Y CAGR

Volatility (1Y)

15.27%

Drawdown from Peak

18.32%

2) Valuation Zone

Zone is Very Cheap based on the last 15Y of PB history.

Very Cheappercentile

PB 1.71 vs 5Y avg 2.50 (-31.70%)

PB 1.71 vs 10Y avg 2.50 (-31.70%)

PB 1.71 vs 15Y avg 2.50 (-31.70%)

3) Earnings Growth Health

Trend:Improving

Composite proxy: 23.83% (weighted 1Y/3Y/5Y/10Y/15Y).

Status map: 1Y Improving.

1YImproving

Price CAGR: 4.49%

PB CAGR: -19.34%

Proxy: 23.83%

3YN/A

Price CAGR: -

PB CAGR: -

Proxy: -

5YN/A

Price CAGR: -

PB CAGR: -

Proxy: -

10YN/A

Price CAGR: -

PB CAGR: -

Proxy: -

15YN/A

Price CAGR: -

PB CAGR: -

Proxy: -

Proxy = price CAGR minus PB CAGR. Overall trend uses weighted proxy across 1Y/3Y/5Y/10Y/15Y, so single-year noise has less impact.

4) Sector Contribution Breakdown

Based on constituent counts (weights not available).

Financial Services

100.00%

5) Risk Signals

Volatility is moderate (15.27%).
Index is 18.32% below its recent peak.
Valuation is supportive vs history.

Signals are descriptive, not predictions.

6) Action Guidance

SIP

Increase

Consider increasing SIP if cashflow allows.

Lump-sum

Yes

A small, staggered lump-sum can be considered.

Rules-based guidance for long-term investors. Not a buy/sell call.

7) Index vs Inflation vs FD

Inflation and FD rates are not configured yet.

Technical Signals

Overbought

Historical vs. Current Market

Compare its historical behavior with the current market environment to gain insights into potential trends.

Greedy				Fear						Current Market _{Mar 30, 2026}
PE	PB	DIV	Points	PE	PB	DIV	Points	Fall(%)	~	PE	PB	DIV	MRI Level
Jan 16, 2020				Mar 24, 2020					~	13.38	1.71	1.17
40.02	3.09	0.36	31853.90	18.48	1.60	0.57	17107.30	-46.29		66.57 27.6	44.66 6.87	225 105.26	97
Mar 02, 2015				Feb 26, 2016
20.69	3.11	0.90	20008.10	15.33	1.94	1.41	13791.45	-31.07		35.33 12.72	45.02 11.86	30 17.02	97
Nov 01, 2010				Dec 01, 2011
21.90	3.03	0.93	12734.90	13.75	2.00	1.40	8895.30	-30.15		38.9 2.69	43.56 14.5	25.81 16.43	97
Jan 03, 2008				Oct 27, 2008
25.98	4.45	0.71	10100.70	8.46	1.19	2.23	4092.90	-59.48		48.5 58.16	61.57 43.7	64.79 47.53	50
May 10, 2006				Jun 14, 2006
14.06	2.76	1.20	5047.15	10.05	1.71	1.95	3475.45	-31.14		4.84 33.13	38.04 0	2.5 40	79
Jan 08, 2004				Jun 24, 2004
9.69	2.03	2.20	2772.22	7.34	1.59	2.84	2251.58	-18.78		38.08 82.29	15.76 7.55	46.82 58.8	52

Recent Performance

Analyze the recent performance of the Nifty Bank, including its recent highs and lows

Recent High				Recent Low						Current Market _{Mar 30, 2026}
PE	PB	DIV	Points	PE	PB	DIV	Points	Fall(%)	~	PE	PB	DIV	Points
Feb 18, 2026				Mar 30, 2026					~	Mar 30, 2026
16.57	2.20	0.95	61550.80	13.38	1.71	1.17	50275.35	-18.32		13.38	1.71	1.17	50275.35 (0% )

Performance

Past performance returns (%) of the index

#	1D	1W	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	15Y
Nifty Bank	-3.82	-5.94	-17.23	-14.84	-9.4	-0.63	-	-	-	-	-
Compare	-	-	-	-	-	-	-	-	-	-	-

Fundamentals

Nifty Bank

PE	PB	Div
13.38	1.71	1.17

Exchange Traded Funds (ETF)

Available ETFs tracking this index

Exchange Trade Fund ( ETF )

Name of the ETF	Expense
ICICI PRUDENTIAL BANK ETF
Nippon India ETF Bank BeES

Index Companies

Companies included in this index

Companies

Name of the company	Industry	Symbol
AU Small Finance Bank Ltd.	Financial Services	AUBANK
Axis Bank Ltd.	Financial Services	AXISBANK
Bandhan Bank Ltd.	Financial Services	BANDHANBNK
Bank of Baroda	Financial Services	BANKBARODA
Federal Bank Ltd.	Financial Services	FEDERALBNK
HDFC Bank Ltd.	Financial Services	HDFCBANK
ICICI Bank Ltd.	Financial Services	ICICIBANK
IDFC First Bank Ltd.	Financial Services	IDFCFIRSTB
IndusInd Bank Ltd.	Financial Services	INDUSINDBK
Kotak Mahindra Bank Ltd.	Financial Services	KOTAKBANK
Punjab National Bank	Financial Services	PNB
State Bank of India	Financial Services	SBIN

About

The Nifty Bank index is a key benchmark that tracks the performance of the 12 largest and most liquid banking stocks listed on the National Stock Exchange of India (NSE). These banks are the backbone of the Indian financial system, and their performance significantly impacts the overall economy.

Portfolio Characteristics

MethodologyPeriodic capped free-float

No. of Constituents12

Launch Date2003-09-15

Calculation FrequencyReal-Time

Index RebalancingSemi - Annually