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NOVARTIS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOVARTIS INDIA is 22.67.

Share Price ₹792.0May 02,2025
Market Cap ₹1,956.2 Cr
Earnings-TTM₹86.3 CrTTM-Standalone Results
Price/Earnings22.67xCalculated 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 [ ₹1,956.2 Cr] as on May 02,2025

(/) Earnings [ ₹86.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 22.67x ]

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 22.67 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 22.67x.

- NOVARTIS INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 46.29x.

- NOVARTIS INDIA 's operated at median p/e ratio of 29.8x 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 RatioMarket Cap
NOVARTIS INDIA 86.2822.671,956.2
ADANI ENTERPRISES LTD7,510.2235.24264,671.0
REDINGTON LTD1,226.7716.0219,657.7
MMTC LTD101.0382.248,308.5
HONASA CONSUMER LTD78.18105.088,215.8
LLOYDS ENTERPRISES LTD151.8243.006,528.6
ENTERO HEALTHCARE SOLUTIONS LTD97.1957.745,611.2
OPTIEMUS INFRACOM LTD57.5377.734,471.3
POLO QUEEN INDUSTRIAL & FINTECH LTD3.41649.272,216.0
MSTC LTD408.198.943,648.8
SG MART LTD103.8137.713,914.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 8.94x
Max industry PE 649.27x
Median industry PE 43.00x
Average industry PE 103.24x



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