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NOVARTIS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOVARTIS INDIA is 24.11.

Share Price ₹949.2Mar 13,2026
Market Cap ₹2,344.5 Cr
Earnings-TTM₹97.2 CrTTM-Standalone Results
Price/Earnings24.11xCalculated 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 [ ₹2,344.5 Cr] as on Mar 13,2026

(/) Earnings [ ₹97.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 24.11x ]

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 24.11 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 24.11x.

- 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 97.2324.112,344.5
ADANI ENTERPRISES LTD13,793.0018.37253,405.0
REDINGTON LTD1,914.319.5818,332.6
MMTC LTD180.6944.197,984.5
HONASA CONSUMER LTD155.7556.218,754.1
LLOYDS ENTERPRISES LTD341.4521.307,272.5
ENTERO HEALTHCARE SOLUTIONS LTD132.1333.294,398.1
OPTIEMUS INFRACOM LTD65.7745.552,995.9
POLO QUEEN INDUSTRIAL & FINTECH LTD2.82206.86582.5
MSTC LTD223.0213.032,906.8
SG MART LTD102.7355.335,684.5

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

Top 10 Industry PeersPE Ratio
Min industry PE 9.58x
Max industry PE 206.86x
Median industry PE 33.29x
Average industry PE 47.98x



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