Official NSE Sectoral Index·As of 04 Sept 2026

NIFTY BANK Valuation Multiples

Benchmark index reflecting the performance of India's banking sector. Comprises leading private and public banking entities driving credit growth and financial intermediation.

Official NSE Indices
Sector PE RatioOfficial NSE Indices
13.5719.2% below 10Y Median

Consolidated TTM earnings multiple of constituent equities.

Observation Date04 Sept 2026
Price to Book (PB)Official NSE Indices
1.72

Price to book value of net assets across sector holdings.

Observation Date04 Sept 2026
Dividend YieldOfficial NSE Indices
0.68%

Cash dividend yield distributed by constituent companies.

Observation Date04 Sept 2026
vs NIFTY 50 PEDerived · Nifty Valuation Desk
-31.6%Discount vs Benchmark

Relative to consolidated NIFTY 50 PE multiple (19.85).

Observation Date04 Sept 2026

NIFTY BANK Historical Valuation

PE

Official historical valuation series. Benchmark 10Y median: 16.80

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Observation Date (NSE Trading Days)·Historical data available since Jan 2000 (Maximum verified official history)
250 rendered points (1Y)
10Y Statistical Range
10.20 – 22.40

Historical trough and peak observations recorded since 2016.

Historical Median PE
16.80

Current PE of 13.57 trades at 19.2% below median.

Key Fundamental Driver
Net Interest Margins (NIM), Credit Growth, and NPA Provisioning Cycles

Primary industry variable driving multiple expansion/contraction.

NIFTY BANK Constituent Equities (14 Stocks)

Official constituent basket with individual valuation and profile access.

Source: Nifty Indices
SymbolCompany NameIndustry / Sub-sectorISINValuation
AUBANKAU Small Finance Bank Ltd.Financial ServicesINE949L01017Valuation Profile →
AXISBANKAxis Bank Ltd.Financial ServicesINE238A01034Valuation Profile →
BANKBARODABank of BarodaFinancial ServicesINE028A01039Valuation Profile →
CANBKCanara BankFinancial ServicesINE476A01022Valuation Profile →
FEDERALBNKFederal Bank Ltd.Financial ServicesINE171A01029Valuation Profile →
HDFCBANKHDFC Bank Ltd.Financial ServicesINE040A01034Valuation Profile →
ICICIBANKICICI Bank Ltd.Financial ServicesINE090A01021Valuation Profile →
IDFCFIRSTBIDFC First Bank Ltd.Financial ServicesINE092T01019Valuation Profile →
INDUSINDBKIndusInd Bank Ltd.Financial ServicesINE095A01012Valuation Profile →
KOTAKBANKKotak Mahindra Bank Ltd.Financial ServicesINE237A01036Valuation Profile →
PNBPunjab National BankFinancial ServicesINE160A01022Valuation Profile →
SBINState Bank of IndiaFinancial ServicesINE062A01020Valuation Profile →
UNIONBANKUnion Bank of IndiaFinancial ServicesINE692A01016Valuation Profile →
YESBANKYes Bank Ltd.Financial ServicesINE528G01035Valuation Profile →
Data coverage: Complete 10-year official historical dataset (2016–2026). Ingested daily from official NSE Indices feeds.Read Methodology →