NOVARTIS INDIA
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The Current P/E Ratio of NOVARTIS INDIA is 23.26.
| Share Price | ₹915.8 | Mar 24,2026 |
| Market Cap | ₹2,262.0 Cr | |
| Earnings-TTM | ₹97.2 Cr | TTM-Standalone Results |
| Price/Earnings | 23.26x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹2,262.0 Cr] as on Mar 24,2026
(/) Earnings [ ₹97.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 23.26x ]
Thus, for NOVARTIS INDIA , the investors are currently willing to pay 23.26 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 Mar2025 to Mar2021 averaged 25.54x.
- NOVARTIS INDIA 's operated at median p/e ratio of 19.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NOVARTIS INDIA 's p/e ratio peaked in Mar2021 at 65.18x.
- 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 | 97.23 | 23.26 | 2,262.0 |
| ADANI ENTERPRISES LTD | 13,793.00 | 17.05 | 235,126.0 |
| REDINGTON LTD | 1,914.31 | 8.58 | 16,417.3 |
| MMTC LTD | 180.69 | 47.13 | 8,515.5 |
| HONASA CONSUMER LTD | 155.75 | 60.24 | 9,382.0 |
| LLOYDS ENTERPRISES LTD | 341.45 | 19.17 | 6,544.3 |
| ENTERO HEALTHCARE SOLUTIONS LTD | 132.13 | 40.37 | 5,334.0 |
| OPTIEMUS INFRACOM LTD | 65.77 | 44.27 | 2,911.2 |
| POLO QUEEN INDUSTRIAL & FINTECH LTD | 2.82 | 186.36 | 524.8 |
| MSTC LTD | 223.02 | 12.56 | 2,800.2 |
| SG MART LTD | 102.73 | 56.62 | 5,816.8 |
Trading Industry Benchmark (Top 10) PE Analysis vs NOVARTIS INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 8.58x |
| Max industry PE | 186.36x |
| Median industry PE | 40.37x |
| Average industry PE | 46.87x |
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