NOVARTIS INDIA
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The Current P/E Ratio of NOVARTIS INDIA is 38.54.
| Share Price | ₹1,454.1 | Jul 07,2026 |
| Market Cap | ₹3,591.5 Cr | |
| Earnings-TTM | ₹93.2 Cr | TTM-Standalone Results |
| Price/Earnings | 38.54x | 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 [ ₹3,591.5 Cr] as on Jul 07,2026
(/) Earnings [ ₹93.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 38.54x ]
Thus, for NOVARTIS INDIA , the investors are currently willing to pay 38.54 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 | 38.54 | 3,591.5 |
| ADANI ENTERPRISES LTD | 9,693.51 | 41.73 | 404,469.0 |
| PREMIER ENERGIES LTD | 1,504.57 | 30.93 | 46,543.6 |
| ADITYA INFOTECH LTD | 367.96 | 113.62 | 41,808.6 |
| AEGIS LOGISTICS LTD | 1,106.63 | 43.85 | 48,527.5 |
| REDINGTON LTD | 1,284.15 | 16.71 | 21,463.6 |
| RRP SEMICONDUCTOR LTD | -7.75 | -1,562.81 | 12,118.0 |
| HONASA CONSUMER LTD | 200.33 | 75.62 | 15,148.7 |
| LLOYDS ENTERPRISES LTD | 374.53 | 30.44 | 11,401.8 |
| MMTC LTD | 212.07 | 46.11 | 9,778.5 |
| CELLO WORLD LTD | 331.51 | 24.49 | 8,119.7 |
Trading Industry Benchmark (Top 10) PE Analysis vs NOVARTIS INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,562.81x |
| Max industry PE | 113.62x |
| Median industry PE | 38.54x |
| Average industry PE | -100.07x |
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