Nifty PSU Bank

Tracking the Strength of Public Banking

As of Apr 24, 2026, the PE ratio is 8.65 and the PB ratio is 1.43

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Index Report

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

1) Index Snapshot (1-minute read)

Nifty PSU Bank is at 8,811.20 as of Apr 24, 2026. 1Y CAGR is 41.73%. It is 10.82% below its recent peak. Current valuation: PE 8.65, PB 1.43.

As of

Apr 24, 2026

Current Value

8,811.20

PE / PB

8.65 / 1.43

Dividend Yield

2.20%

1Y CAGR

41.73%

3Y CAGR

5Y CAGR

Volatility (1Y)

24.00%

Drawdown from Peak

10.82%

2) Valuation Zone

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

Expensivepercentile

PB 1.43vs 5Y avg 1.31 (9.45%)

PB 1.43vs 10Y avg 1.31 (9.45%)

PB 1.43vs 15Y avg 1.31 (9.45%)

3) Earnings Growth Health

Trend:Improving

Composite proxy: 23.55% (weighted 1Y/3Y/5Y/10Y/15Y).

Status map: 1Y Improving.

1YImproving

Price CAGR: 41.73%

PB CAGR: 18.18%

Proxy: 23.55%

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 (24.00%).
Index is 10.82% below its recent peak.
Valuation is elevated vs history.

Signals are descriptive, not predictions.

6) Action Guidance

SIP

Maintain

Maintain SIP contributions for long-term discipline.

Lump-sum

Avoid

Avoid lump-sum entries at elevated valuations.

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 PSU Bank PE Ratio: Current and Historical Context
Current PE ratio, long-term averages, and valuation percentile for Nifty PSU Bank.
Nifty PSU Bank PB Ratio: Current and Historical Context
Current PB ratio, long-term averages, and valuation percentile for Nifty PSU Bank.
Nifty PSU Bank Dividend Yield: Current Yield and Trend
Current dividend yield and historical yield context for Nifty PSU Bank.
Nifty PSU Bank Returns: Historical Performance
Historical return windows, drawdown, and volatility for Nifty PSU Bank.
Nifty PSU Bank Constituents and Sector Mix
Companies, industries, and sector exposure available for Nifty PSU Bank.
Nifty PSU Bank ETF List and Comparison
ETF trackers and available expense data for Nifty PSU Bank.
Nifty PSU Bank Valuation: Cheap, Fair, or Expensive?
A data-driven valuation view for Nifty PSU Bank using current and historical index metrics.

Technical Signals

OverboughtGolden Cross Active

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					~	8.65	1.43	2.20
0.00	0.87	0.03	2465.80	0.00	0.45	0.08	1305.35	-47.06		0 0	64.37 217.78	7233.33 2650	60
Mar 02, 2015				Feb 26, 2016
12.50	1.21	1.51	3856.40	15.57	0.63	2.84	2020.65	-47.6		30.8 44.44	18.18 126.98	45.7 22.54	55
Nov 01, 2010				Dec 01, 2011
13.63	2.35	1.35	5063.35	8.20	1.26	2.40	3046.75	-39.83		36.54 5.49	39.15 13.49	62.96 8.33	91

Recent Performance

Analyze the recent performance of the Nifty PSU 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 26, 2026				Mar 30, 2026					~	Apr 24, 2026
9.80	1.62	1.94	9879.85	7.76	1.28	2.46	7873.45	-20.31		8.65	1.43	2.20	8811.20 (11.91% )

Performance

Past performance returns (%) of the index

#	1D	1W	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	15Y
Nifty PSU Bank	-0.15	0.15	-4.06	0.5	16.41	37.31	-	-	-	-	-
Compare	-	-	-	-	-	-	-	-	-	-	-

Fundamentals

Nifty PSU Bank

PE	PB	Div
8.65	1.43	2.20

Exchange Traded Funds (ETF)

Available ETFs tracking this index

Exchange Trade Fund ( ETF )

Name of the ETF	Expense
Nippon India ETF PSU Bank BeES	0.49
Kotak PSU Bank ETF	0.49

Index Companies

Companies included in this index

Companies

Name of the company	Industry	Symbol
Bank of Baroda	Financial Services	BANKBARODA
Bank of India	Financial Services	BANKINDIA
Bank of Maharashtra	Financial Services	MAHABANK
Canara Bank	Financial Services	CANBK
Central Bank of India	Financial Services	CENTRALBK
Indian Bank	Financial Services	INDIANB
Indian Overseas Bank	Financial Services	IOB
Punjab & Sind Bank	Financial Services	PSB
Punjab National Bank	Financial Services	PNB
State Bank of India	Financial Services	SBIN
UCO Bank	Financial Services	UCOBANK
Union Bank of India	Financial Services	UNIONBANK

About

The Nifty PSU Bank Index offers a targeted perspective on the performance of India's Public Sector Banks (PSUs). It comprises the 13 largest and most liquid PSU banks listed on the National Stock Exchange of India (NSE), including prominent names like SBI, Bank of Baroda, Canara Bank, and Punjab National Bank. By tracking this index, investors can monitor the health and growth prospects of these crucial institutions that play a significant role in the Indian economy. The Nifty PSU Bank Index serves as a valuable tool for understanding the landscape of public banking in India.

Portfolio Characteristics

MethodologyPeriodic capped free-float

No. of Constituents13

Launch Date2007-07-30

Calculation FrequencyReal-Time

Index RebalancingSemi - Annually