NOVARTIS INDIA
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The Current P/E Ratio of NOVARTIS INDIA is 38.94.
| Share Price | ₹1,469.2 | Jul 03,2026 |
| Market Cap | ₹3,628.8 Cr | |
| Earnings-TTM | ₹93.2 Cr | TTM-Standalone Results |
| Price/Earnings | 38.94x | 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 [ ₹3,628.8 Cr] as on Jul 03,2026
(/) Earnings [ ₹93.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 38.94x ]
Thus, for NOVARTIS INDIA , the investors are currently willing to pay 38.94 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 | 93.18 | 38.94 | 3,628.8 |
| ADANI ENTERPRISES LTD | 9,693.51 | 43.14 | 418,130.0 |
| PREMIER ENERGIES LTD | 1,504.57 | 31.56 | 47,481.1 |
| ADITYA INFOTECH LTD | 367.96 | 115.04 | 42,328.4 |
| AEGIS LOGISTICS LTD | 1,106.63 | 42.05 | 46,530.3 |
| REDINGTON LTD | 1,284.15 | 16.73 | 21,487.1 |
| RRP SEMICONDUCTOR LTD | -7.75 | -1,578.58 | 12,240.3 |
| HONASA CONSUMER LTD | 200.33 | 75.10 | 15,044.4 |
| LLOYDS ENTERPRISES LTD | 374.53 | 30.68 | 11,491.9 |
| MMTC LTD | 212.07 | 47.45 | 10,062.0 |
| CELLO WORLD LTD | 331.51 | 24.43 | 8,098.8 |
Trading Industry Benchmark (Top 10) PE Analysis vs NOVARTIS INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,578.58x |
| Max industry PE | 115.04x |
| Median industry PE | 38.94x |
| Average industry PE | -101.22x |
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