NOVARTIS INDIA
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The Current P/E Ratio of NOVARTIS INDIA is 27.04.
Share Price | ₹1,045.9 | Apr 25,2024 |
Market Cap | ₹2,583.4 Cr | |
Earnings-TTM | ₹95.5 Cr | TTM-Standalone Results |
Price/Earnings | 27.04x | 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 [ ₹2,583.4 Cr] as on Apr 25,2024
(/) Earnings [ ₹95.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 27.04x ]
Thus, for NOVARTIS INDIA , the investors are currently willing to pay 27.04 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 | 27.04 | 2,583.4 |
ADANI ENTERPRISES LTD | 3,751.70 | 94.70 | 355,270.0 |
REDINGTON LTD | 1,243.11 | 14.03 | 17,445.3 |
HONASA CONSUMER LTD | 77.66 | 176.51 | 13,707.4 |
MMTC LTD | 49.62 | 225.79 | 11,203.5 |
MSTC LTD | 239.56 | 27.27 | 6,532.4 |
LLOYDS ENTERPRISES LTD | 132.28 | 35.86 | 4,743.8 |
VERITAS (INDIA) LTD | 191.62 | 20.96 | 4,016.7 |
OPTIEMUS INFRACOM LTD | 53.23 | 44.87 | 2,388.6 |
MISHTANN FOODS LTD | 26.01 | 76.74 | 1,996.0 |
SIRCA PAINTS INDIA LTD | 48.41 | 36.12 | 1,748.4 |
Trading Industry Benchmark (Top 10) PE Analysis vs NOVARTIS INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.03x |
Max industry PE | 225.79x |
Median industry PE | 36.12x |
Average industry PE | 70.90x |
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