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NOVARTIS INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of NOVARTIS INDIA is 7.68.

Share Price ₹1,026.2Apr 24,2024
Market Cap ₹2,534.7 Cr
Sales-TTM₹330.0 CrTTM-Standalone Results
Price/Sales7.68xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NOVARTIS INDIA

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of NOVARTIS INDIA is calculated as :

Current Market Cap [ ₹2,534.7 Cr] as on Apr 24,2024

(/) Sales [ ₹330.0 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 7.68x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for NOVARTIS INDIA , the investors are currently willing to pay '7.68 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of NOVARTIS INDIA !

The chart below summarizes the trend in P/S Ratio of NOVARTIS INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of NOVARTIS INDIA


PS Ratio Performance Analysis for NOVARTIS INDIA

- NOVARTIS INDIA 's latest p/e ratio is 7.68x.

- NOVARTIS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.43x.

- NOVARTIS INDIA 's operated at median p/e ratio of 3.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NOVARTIS INDIA 's p/e ratio peaked in Mar2023 at 3.68x.

- NOVARTIS INDIA 's p/e ratio hit its five-year low in Mar2020 of 2.83x.


How does NOVARTIS INDIA 's P/S Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NOVARTIS INDIA 330.07.682,534.7
ADANI ENTERPRISES LTD107,638.03.22346,885.0
REDINGTON LTD88,760.90.1917,230.3
HONASA CONSUMER LTD1,777.07.7913,842.0
MMTC LTD712.915.8611,307.0
MSTC LTD748.38.266,180.8
LLOYDS ENTERPRISES LTD866.35.304,592.4
VERITAS (INDIA) LTD3,419.01.153,938.0
OPTIEMUS INFRACOM LTD1,378.11.762,422.5
MISHTANN FOODS LTD409.64.871,992.8
SIRCA PAINTS INDIA LTD297.45.891,752.5

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.19x
Max industry PS 15.86x
Median industry PS 5.30x
Average industry PS 5.63x



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