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NOVARTIS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOVARTIS INDIA is 23.71.

Share Price ₹828.2Apr 21,2025
Market Cap ₹2,045.5 Cr
Earnings-TTM₹86.3 CrTTM-Standalone Results
Price/Earnings23.71xCalculated 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 [ ₹2,045.5 Cr] as on Apr 21,2025

(/) Earnings [ ₹86.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 23.71x ]

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 23.71 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 23.71x.

- NOVARTIS INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 46.29x.

- NOVARTIS INDIA 's operated at median p/e ratio of 29.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NOVARTIS INDIA 's p/e ratio peaked in Mar2020 at 122.97x.

- 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 86.2823.712,045.5
ADANI ENTERPRISES LTD3,799.7374.20281,932.0
REDINGTON LTD1,226.7714.6017,910.4
MMTC LTD101.0381.588,242.5
HONASA CONSUMER LTD78.1897.297,606.0
LLOYDS ENTERPRISES LTD151.8244.376,737.2
ENTERO HEALTHCARE SOLUTIONS LTD97.1960.825,911.0
OPTIEMUS INFRACOM LTD57.5375.134,321.6
POLO QUEEN INDUSTRIAL & FINTECH LTD3.41686.752,343.9
MSTC LTD408.199.133,726.3
SG MART LTD103.8139.574,108.0

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

Top 10 Industry PeersPE Ratio
Min industry PE 9.13x
Max industry PE 686.75x
Median industry PE 60.82x
Average industry PE 109.74x



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