Home > PE Ratio > NOVARTIS INDIA

NOVARTIS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOVARTIS INDIA is 32.93.

Share Price ₹1,242.2May 13,2026
Market Cap ₹3,068.2 Cr
Earnings-TTM₹93.2 CrTTM-Standalone Results
Price/Earnings32.93xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for NOVARTIS INDIA
Please provide your vote to see the results
NOVARTIS INDIA is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

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 [ ₹3,068.2 Cr] as on May 13,2026

(/) Earnings [ ₹93.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 32.93x ]

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 32.93 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 32.93x.

- 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 RatioMarket Cap
NOVARTIS INDIA 93.1832.933,068.2
ADANI ENTERPRISES LTD9,693.5133.57325,404.0
REDINGTON LTD1,914.318.5816,429.0
MMTC LTD180.6953.799,720.0
HONASA CONSUMER LTD155.7572.5611,301.7
LLOYDS ENTERPRISES LTD374.5328.9810,855.3
ENTERO HEALTHCARE SOLUTIONS LTD132.1338.775,122.8
OPTIEMUS INFRACOM LTD65.7757.113,756.0
POLO QUEEN INDUSTRIAL & FINTECH LTD2.82258.25727.2
MSTC LTD223.0213.603,033.2
SG MART LTD111.0667.947,545.5

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

Top 10 Industry PeersPE Ratio
Min industry PE 8.58x
Max industry PE 258.25x
Median industry PE 38.77x
Average industry PE 60.55x



You may also like the below Video Courses