NOVARTIS INDIA
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The Current P/E Ratio of NOVARTIS INDIA is 22.99.
Share Price | ₹803.0 | Apr 04,2025 |
Market Cap | ₹1,983.4 Cr | |
Earnings-TTM | ₹86.3 Cr | TTM-Standalone Results |
Price/Earnings | 22.99x | Calculated as Market Cap/Earnings |
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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 [ ₹1,983.4 Cr] as on Apr 04,2025
(/) Earnings [ ₹86.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 22.99x ]
Thus, for NOVARTIS INDIA , the investors are currently willing to pay 22.99 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 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 Ratio | Market Cap |
---|---|---|---|
NOVARTIS INDIA | 86.28 | 22.99 | 1,983.4 |
ADANI ENTERPRISES LTD | 3,799.73 | 70.91 | 269,455.0 |
REDINGTON LTD | 1,226.77 | 13.64 | 16,730.0 |
MMTC LTD | 101.03 | 76.54 | 7,732.5 |
HONASA CONSUMER LTD | 78.18 | 97.64 | 7,633.7 |
LLOYDS ENTERPRISES LTD | 151.82 | 41.73 | 6,335.2 |
ENTERO HEALTHCARE SOLUTIONS LTD | 97.19 | 52.76 | 5,127.6 |
OPTIEMUS INFRACOM LTD | 57.53 | 63.61 | 3,659.0 |
POLO QUEEN INDUSTRIAL & FINTECH LTD | 3.41 | 621.53 | 2,121.3 |
MSTC LTD | 408.19 | 8.68 | 3,545.0 |
SG MART LTD | 103.81 | 36.26 | 3,764.5 |
Trading Industry Benchmark (Top 10) PE Analysis vs NOVARTIS INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.68x |
Max industry PE | 621.53x |
Median industry PE | 52.76x |
Average industry PE | 100.57x |
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