Nifty Bank
Benchmarking the Strength of Indian Banking
As of Apr 24, 2026, the PE ratio is 14.79 and the PB ratio is 1.91
Index Report
Easy-to-read, rules-based summary. Educational only.
1) Index Snapshot (1-minute read)
Nifty Bank is at 56,089.75 as of Apr 24, 2026. 1Y CAGR is 8.68%. It is 8.87% below its recent peak. Current valuation: PE 14.79, PB 1.91.
2) Valuation Zone
Zone is Very Cheap based on the last 15Y of PB history.
3) Earnings Growth Health
Composite proxy: 24.54% (weighted 1Y/3Y/5Y/10Y/15Y).
Status map: 1Y Improving.
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).
5) Risk Signals
- Volatility is moderate (16.40%).
- Index is near its recent peak (drawdown 8.87%).
- Valuation is supportive vs history.
Signals are descriptive, not predictions.
6) Action Guidance
Consider increasing SIP if cashflow allows.
Prefer staggered entries and avoid rushing.
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.
Supporting Guides
Intent-focused pages connected to this index.
- Nifty Bank PE Ratio: Current and Historical Context
Current PE ratio, long-term averages, and valuation percentile for Nifty Bank.
- Nifty Bank PB Ratio: Current and Historical Context
Current PB ratio, long-term averages, and valuation percentile for Nifty Bank.
- Nifty Bank Dividend Yield: Current Yield and Trend
Current dividend yield and historical yield context for Nifty Bank.
- Nifty Bank Returns: Historical Performance
Historical return windows, drawdown, and volatility for Nifty Bank.
- Nifty Bank Constituents and Sector Mix
Companies, industries, and sector exposure available for Nifty Bank.
- Nifty Bank ETF List and Comparison
ETF trackers and available expense data for Nifty Bank.
- Nifty Bank Valuation: Cheap, Fair, or Expensive?
A data-driven valuation view for Nifty Bank using current and historical index metrics.
Technical Signals
Historical vs. Current Market
Compare its historical behavior with the current market environment to gain insights into potential trends.
| Greedy | Fear | Current Market Apr 24, 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PE | PB | DIV | Points | PE | PB | DIV | Points | Fall(%) | ~ | PE | PB | DIV | MRI Level |
| Jan 16, 2020 | Mar 24, 2020 | ~ | 14.79 | 1.91 | 1.05 | ||||||||
| 40.02 | 3.09 | 0.36 | 31853.90 | 18.48 | 1.60 | 0.57 | 17107.30 | -46.29 | 63.04 19.97 | 38.19 19.38 | 191.67 84.21 | 92 | |
| Mar 02, 2015 | Feb 26, 2016 | ||||||||||||
| 20.69 | 3.11 | 0.90 | 20008.10 | 15.33 | 1.94 | 1.41 | 13791.45 | -31.07 | 28.52 3.52 | 38.59 1.55 | 16.67 25.53 | 95 | |
| Nov 01, 2010 | Dec 01, 2011 | ||||||||||||
| 21.90 | 3.03 | 0.93 | 12734.90 | 13.75 | 2.00 | 1.40 | 8895.30 | -30.15 | 32.47 7.56 | 36.96 4.5 | 12.9 25 | 92 | |
| Jan 03, 2008 | Oct 27, 2008 | ||||||||||||
| 25.98 | 4.45 | 0.71 | 10100.70 | 8.46 | 1.19 | 2.23 | 4092.90 | -59.48 | 43.07 74.82 | 57.08 60.5 | 47.89 52.91 | 35 | |
| May 10, 2006 | Jun 14, 2006 | ||||||||||||
| 14.06 | 2.76 | 1.20 | 5047.15 | 10.05 | 1.71 | 1.95 | 3475.45 | -31.14 | 5.19 47.16 | 30.8 11.7 | 12.5 46.15 | 67 | |
| Jan 08, 2004 | Jun 24, 2004 | ||||||||||||
| 9.69 | 2.03 | 2.20 | 2772.22 | 7.34 | 1.59 | 2.84 | 2251.58 | -18.78 | 52.63 101.5 | 5.91 20.13 | 52.27 63.03 | 39 | |
Recent Performance
Analyze the recent performance of the Nifty Bank, including its recent highs and lows
| Recent High | Recent Low | Current Market Apr 24, 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PE | PB | DIV | Points | PE | PB | DIV | Points | Fall(%) | ~ | PE | PB | DIV | Points |
| Feb 18, 2026 | Mar 30, 2026 | ~ | Apr 24, 2026 | ||||||||||
| 16.57 | 2.20 | 0.95 | 61550.80 | 13.38 | 1.71 | 1.17 | 50275.35 | -18.32 | 14.79 | 1.91 | 1.05 | 56089.75 (11.57% ) | |
Performance
Past performance returns (%) of the index
| # | 1D | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | 15Y |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nifty Bank | -0.38 | 0.01 | -2.93 | -6.5 | -0.18 | 5.6 | - | - | - | - | - |
Fundamentals
Nifty Bank
| PE | PB | Div |
|---|---|---|
| 14.79 | 1.91 | 1.05 |
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 |