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NOVARTIS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOVARTIS INDIA is 38.54.

Share Price ₹1,454.1Jul 07,2026
Market Cap ₹3,591.5 Cr
Earnings-TTM₹93.2 CrTTM-Standalone Results
Price/Earnings38.54xCalculated 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 [ ₹3,591.5 Cr] as on Jul 07,2026

(/) Earnings [ ₹93.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 38.54x ]

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 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 latest p/e ratio is 38.54x.

- 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 93.1838.543,591.5
ADANI ENTERPRISES LTD9,693.5141.73404,469.0
PREMIER ENERGIES LTD1,504.5730.9346,543.6
ADITYA INFOTECH LTD367.96113.6241,808.6
AEGIS LOGISTICS LTD1,106.6343.8548,527.5
REDINGTON LTD1,284.1516.7121,463.6
RRP SEMICONDUCTOR LTD-7.75-1,562.8112,118.0
HONASA CONSUMER LTD200.3375.6215,148.7
LLOYDS ENTERPRISES LTD374.5330.4411,401.8
MMTC LTD212.0746.119,778.5
CELLO WORLD LTD331.5124.498,119.7

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

Top 10 Industry PeersPE 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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