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NOVARTIS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOVARTIS INDIA is 49.71.

Share Price ₹1,967.9Oct 01,2026
Market Cap ₹4,860.6 Cr
Earnings-TTM₹97.8 CrTTM-Standalone Results
Price/Earnings49.71xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NOVARTIS INDIA

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of NOVARTIS INDIA is calculated as :

Current Market Cap [ ₹4,860.6 Cr] as on Oct 01,2026

(/) Earnings [ ₹97.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 49.71x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for NOVARTIS INDIA , the investors are currently willing to pay 49.71 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 latest p/e ratio is 49.71x.

- NOVARTIS INDIA 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 17.64x.

- 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 Mar2024 at 29.8x.

- 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 RatioMarket Cap
NOVARTIS INDIA 97.7749.714,860.6
ADANI ENTERPRISES LTD7,230.0652.88382,332.0
PREMIER ENERGIES LTD1,668.3923.8639,800.2
ADITYA INFOTECH LTD477.2897.6146,587.2
AEGIS LOGISTICS LTD1,476.1133.3149,166.3
REDINGTON LTD1,504.6620.6731,099.0
RRP SEMICONDUCTOR LTD-7.80-1,434.5211,182.1
HONASA CONSUMER LTD249.4055.9613,955.5
LLOYDS ENTERPRISES LTD235.7750.4911,905.1
MMTC LTD269.1331.328,428.5
CELLO WORLD LTD324.2622.467,283.8

Trading Industry Benchmark (Top 10) PE Analysis vs NOVARTIS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,434.52x
Max industry PE 97.61x
Median industry PE 33.31x
Average industry PE -90.57x



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