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PB Ratio of Novartis India Ltd

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Novartis India Ltd

NSE: NOVARTIND

PB Ratio

2.9

Last updated on: Jan 14, 2025

Key Highlights

  • The latest PB Ratio of Novartis India Ltd is 2.9.
  • The PB ratio of the Novartis India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Novartis India Ltd changed from 1.7 on March 2020 to 3.4 on March 2024 . This represents a CAGR of 14.87% over 5 years.

Historical P/B Ratio of Novartis India Ltd

No data available

Company Fundamentals for Novartis India Ltd

Market Cap

2,104 Cr

EPS

35.4

P/E Ratio (TTM)

24.1

P/B Ratio (TTM)

2.9

Day’s High

872.0

Day’s Low

845.0

DTE

0.0

ROE

12.0

52 Week High

1248.0

52 Week Low

805.0

ROCE

16.9

Market Price of Novartis India Ltd

1M

1Y

3Y

5Y

Monitoring Novartis India Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
14 Jan 2025852.3
13 Jan 2025836.9
10 Jan 2025879.6
09 Jan 2025914
08 Jan 2025913.4

SWOT Analysis Of Novartis India Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Novartis India Ltd

Asset Value vs Market Value of Novartis India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Novartis India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Novartis India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Novartis India Ltd Explained

``

2104

Market cap

295

Book Value per Share

2.9X

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

FAQs for PB Ratio of Novartis India Ltd

What is the PB ratio of Novartis India Ltd?

The current PB ratio of Novartis India Ltd is 2.89. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Novartis India Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Novartis India Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Novartis India Ltd calculated?

The PB ratio of Novartis India Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Novartis India Ltd?

A high PB ratio suggests that Novartis India Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Novartis India Ltd?

A low PB ratio of Novartis India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Novartis India Ltd PB Ratio change over time?

Yes, the PB ratio of Novartis India Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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