Official NSE Sectoral Index·As of 04 Sept 2026

NIFTY FINANCIAL SERVICES Valuation Multiples

Broad financial benchmark spanning banking giants, non-banking financial companies (NBFCs), housing finance, life insurance, and asset management institutions.

Official NSE Indices
Sector PE RatioOfficial NSE Indices
15.9813.6% below 10Y Median

Consolidated TTM earnings multiple of constituent equities.

Observation Date04 Sept 2026
Price to Book (PB)Official NSE Indices
2.41

Price to book value of net assets across sector holdings.

Observation Date04 Sept 2026
Dividend YieldOfficial NSE Indices
0.96%

Cash dividend yield distributed by constituent companies.

Observation Date04 Sept 2026
vs NIFTY 50 PEDerived · Nifty Valuation Desk
-19.5%Discount vs Benchmark

Relative to consolidated NIFTY 50 PE multiple (19.85).

Observation Date04 Sept 2026

NIFTY FINANCIAL SERVICES Historical Valuation

PE

Official historical valuation series. Benchmark 10Y median: 18.50

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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
12.10 – 26.40

Historical trough and peak observations recorded since 2016.

Historical Median PE
18.50

Current PE of 15.98 trades at 13.6% below median.

Key Fundamental Driver
AUM Expansion, Cost of Borrowings, and Insurance Premium Underwriting

Primary industry variable driving multiple expansion/contraction.

NIFTY FINANCIAL SERVICES Constituent Equities (20 Stocks)

Official constituent basket with individual valuation and profile access.

Source: Nifty Indices
SymbolCompany NameIndustry / Sub-sectorISINValuation
AXISBANKAxis Bank Ltd.Financial ServicesINE238A01034Valuation Profile →
BAJAJFINSVBajaj Finserv Ltd.Financial ServicesINE918I01026Valuation Profile →
BAJFINANCEBajaj Finance Ltd.Financial ServicesINE296A01032Valuation Profile →
BSEBSE Ltd.Financial ServicesINE118H01025Valuation Profile →
CHOLAFINCholamandalam Investment and Finance Company Ltd.Financial ServicesINE121A01024Valuation Profile →
HDFCBANKHDFC Bank Ltd.Financial ServicesINE040A01034Valuation Profile →
HDFCLIFEHDFC Life Insurance Company Ltd.Financial ServicesINE795G01014Valuation Profile →
ICICIBANKICICI Bank Ltd.Financial ServicesINE090A01021Valuation Profile →
ICICIGIICICI Lombard General Insurance Company Ltd.Financial ServicesINE765G01017Valuation Profile →
JIOFINJio Financial Services Ltd.Financial ServicesINE758E01017Valuation Profile →
KOTAKBANKKotak Mahindra Bank Ltd.Financial ServicesINE237A01036Valuation Profile →
LICHSGFINLIC Housing Finance Ltd.Financial ServicesINE115A01026Valuation Profile →
MFSLMax Financial Services Ltd.Financial ServicesINE180A01020Valuation Profile →
MUTHOOTFINMuthoot Finance Ltd.Financial ServicesINE414G01012Valuation Profile →
PFCPower Finance Corporation Ltd.Financial ServicesINE134E01011Valuation Profile →
RECLTDREC Ltd.Financial ServicesINE020B01018Valuation Profile →
SBICARDSBI Cards and Payment Services Ltd.Financial ServicesINE018E01016Valuation Profile →
SBILIFESBI Life Insurance Company Ltd.Financial ServicesINE123W01016Valuation Profile →
SBINState Bank of IndiaFinancial ServicesINE062A01020Valuation Profile →
SHRIRAMFINShriram Finance Ltd.Financial ServicesINE721A01047Valuation Profile →
Data coverage: Complete 10-year official historical dataset (2016–2026). Ingested daily from official NSE Indices feeds.Read Methodology →