NOVARTIS INDIA
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The Current P/E Ratio of NOVARTIS INDIA is 25.52.
Share Price | ₹987.0 | Mar 18,2024 |
Market Cap | ₹2,437.8 Cr | |
Earnings-TTM | ₹95.5 Cr | TTM-Standalone Results |
Price/Earnings | 25.52x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NOVARTIS INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,437.8 Cr] as on Mar 18,2024
(/) Earnings [ ₹95.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 25.52x ]
Thus, for NOVARTIS INDIA , the investors are currently willing to pay 25.52 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of NOVARTIS INDIA !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of NOVARTIS INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of NOVARTIS INDIA
PE Ratio Performance Analysis for NOVARTIS INDIA
- NOVARTIS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 46.87x.
- NOVARTIS INDIA 's operated at median p/e ratio of 32.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NOVARTIS INDIA 's p/e ratio peaked in Mar2020 at 122.97x.
- NOVARTIS INDIA 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does NOVARTIS INDIA 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NOVARTIS INDIA | 95.53 | 25.52 | 2,437.8 |
ADANI ENTERPRISES LTD | 3,751.70 | 94.51 | 354,586.0 |
REDINGTON LTD | 1,243.11 | 13.03 | 16,202.3 |
MMTC LTD | 49.62 | 199.76 | 9,912.0 |
OPTIEMUS INFRACOM LTD | 53.23 | 43.54 | 2,317.7 |
MSTC LTD | 239.56 | 24.78 | 5,935.8 |
SIRCA PAINTS INDIA LTD | 48.41 | 34.53 | 1,671.7 |
POLO QUEEN INDUSTRIAL & FINTECH LTD | 1.70 | 836.90 | 1,418.5 |
UNIPHOS ENTERPRISES LTD | 39.72 | 23.77 | 944.1 |
INDIA MOTOR PARTS & ACCESSORIES LTD | 80.67 | 15.19 | 1,225.1 |
VINYL CHEMICALS (INDIA) LTD | 21.61 | 28.96 | 625.8 |
Trading Industry Benchmark (Top 10) PE Analysis vs NOVARTIS INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.03x |
Max industry PE | 836.90x |
Median industry PE | 28.96x |
Average industry PE | 121.86x |
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