Nifty 50Fair
Top 50 · Spot 24,139
P/E vs 5Y Range
20.75×
5Y low · 18.9×5Y high · 28.5×
Below its 5Y average of 22.2, at just 19% of the 5Y band — the cheapest of the three on its own history. Fairly priced, not cheap.
Nifty Midcap 150Fair
Companies ranked 101–250 by market cap · Spot 23,150
P/E vs 5Y Range
29.55×
5Y low · 21.6×5Y high · 45.8×
At a 52-week high, yet still below its 5Y average of 31.1 — earnings have kept pace with price. Fair on its own history; P/B 4.8 still rich.
Nifty Smallcap 250Elevated
Companies ranked 251–500 by market cap · Spot 18,137
P/E vs 5Y Range
36.27×
5Y low · 16.9×5Y high · 37.7×
Near its 5-year high — 93% of the band, ~34% above the 5Y average of 27.0. Price has outrun earnings; selection is decisive.