NOVARTIS INDIA
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The Current P/E Ratio of NOVARTIS INDIA is 36.12.
| Share Price | ₹1,362.6 | May 22,2026 |
| Market Cap | ₹3,365.5 Cr | |
| Earnings-TTM | ₹93.2 Cr | TTM-Standalone Results |
| Price/Earnings | 36.12x | 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 [ ₹3,365.5 Cr] as on May 22,2026
(/) Earnings [ ₹93.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 36.12x ]
Thus, for NOVARTIS INDIA , the investors are currently willing to pay 36.12 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 | 36.12 | 3,365.5 |
| ADANI ENTERPRISES LTD | 9,693.51 | 36.50 | 353,800.0 |
| PREMIER ENERGIES LTD | 1,504.57 | 29.43 | 44,283.0 |
| ADITYA INFOTECH LTD | 239.02 | 119.08 | 28,462.7 |
| AEGIS LOGISTICS LTD | 969.82 | 26.20 | 25,408.9 |
| REDINGTON LTD | 1,284.15 | 13.43 | 17,245.9 |
| RRP SEMICONDUCTOR LTD | -9.17 | -1,403.29 | 12,871.0 |
| HONASA CONSUMER LTD | 200.33 | 62.47 | 12,513.7 |
| LLOYDS ENTERPRISES LTD | 374.53 | 27.64 | 10,353.1 |
| MMTC LTD | 180.69 | 53.51 | 9,669.0 |
| CELLO WORLD LTD | 337.54 | 25.02 | 8,445.5 |
Trading Industry Benchmark (Top 10) PE Analysis vs NOVARTIS INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,403.29x |
| Max industry PE | 119.08x |
| Median industry PE | 29.43x |
| Average industry PE | -88.54x |
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