Official NSE Sectoral Index·As of 21 Sept 2026

NIFTY METAL Valuation Multiples

Cyclical industrial benchmark tracking primary producers of steel, aluminum, zinc, copper, and mining operations.

Official NSE Indices
Sector PE RatioOfficial NSE Indices
15.7911.2% above 10Y Median

Consolidated TTM earnings multiple of constituent equities.

Observation Date21 Sept 2026
Price to Book (PB)Official NSE Indices
2.58

Price to book value of net assets across sector holdings.

Observation Date21 Sept 2026
Dividend YieldOfficial NSE Indices
1.27%

Cash dividend yield distributed by constituent companies.

Observation Date21 Sept 2026
vs NIFTY 50 PEDerived · Nifty Valuation Desk
-20.2%Discount vs Benchmark

Relative to consolidated NIFTY 50 PE multiple (19.79).

Observation Date21 Sept 2026

NIFTY METAL Historical Valuation

PE

Official historical valuation series. Benchmark 10Y median: 14.20

Date:21 Sep 2026
Price:
P/E:15.79x
NSE Verified Daily Observations·Historical data available since Jan 2000 (26+ years of verified daily history)
290 observations loaded
10Y Statistical Range
6.80 – 24.50

Historical trough and peak observations recorded since 2016.

Historical Median PE
14.20

Current PE of 15.79 trades at 11.2% above median.

Key Fundamental Driver
Global LME Commodity Prices, Chinese Demand Cycles, and Coking Coal Costs

Primary industry variable driving multiple expansion/contraction.

NIFTY METAL Constituent Equities (15 Stocks)

Official constituent basket with individual valuation and profile access.

Source: Nifty Indices
Data coverage: Complete 10-year official historical dataset (2016–2026). Ingested daily from official NSE Indices feeds.Read Methodology →