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Novartis India Ltd PB Ratio

Novartis India Ltd PB Ratio

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₹ 0.6 Cr

Volume transacted

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5.1 K

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Last Updated time: 18 Sep 9.00 AM

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Novartis India Ltd

NSE: NOVARTIND

PB

3.5

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Novartis India Ltd is 3.5 as of 18 Sep 24.
  • The P/B Ratio of Novartis India Ltd changed from 2.1 on March 2022 to 3.4 on March 2024 . This represents a CAGR of 17.42% over 3 years. .

Historical P/B Ratio of Novartis India Ltd

No data available

Company Fundamentals for Novartis India Ltd

Market Cap

2,647 Cr

EPS

36.7

P/E Ratio (TTM) *

29.2

P/B Ratio (TTM) *

3.5

Day’s High *

1082.8

Day’s Low

1053.0

DTE *

0.0

ROE *

11.4

52 Week High

1240.0

52 Week Low

599.95

ROCE *

16.5

Share price Over Time

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 Share Price

Date
leftPriceleft
18 Sep 20241072.2
17 Sep 20241073.45
16 Sep 20241052.95
13 Sep 20241073.2
12 Sep 20241076.1
11 Sep 20241071.35
10 Sep 20241073.75
09 Sep 20241069.45
06 Sep 20241090.3
05 Sep 20241120.05

SWOT Analysis Of Novartis India Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Novartis India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Novartis India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Novartis India Ltd32,647
Sun Pharmaceuticals Industries Ltd984,39,714
Divis Laboratories Ltd5071,45,166
Cipla Ltd3461,33,402
Torrent Pharmaceuticals Ltd2011,13,724
Dr Reddys Laboratories Ltd14581,09,604

Key Valuation Metric of Novartis India Ltd

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

Historical Market Cap of Novartis India Ltd

No data available

* All values are in crore

Historical Revenue of Novartis India Ltd

No data available

* All values are in crore

Historical EBITDA of Novartis India Ltd

No data available

* All values are in crore

Historical Net Profit of Novartis India Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Novartis India Ltd News Hub

News

Novartis India to declare Quarterly Result

Novartis India will hold a meeting of the Board of Directors of the Company on 29 July 202...

Read more

28 Jun 202417:50

News

Novartis India to conduct AGM

Novartis India announced that the 76th Annual General Meeting(AGM) of the company will be ...

Read more

11 May 202411:58

News

Board of Novartis India recommends Final Dividend

Novartis India announced that the Board of Directors of the Company at its meeting held on...

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10 May 202417:41

News

Novartis India to conduct board meeting

Novartis India will hold a meeting of the Board of Directors of the Company on 10 May 2024...

Read more

27 Mar 202417:28

News

Novartis India Ltd leads losers in 'B' group

Pritish Nandy Communications Ltd, DB (International) Stock Brokers Ltd, Sarthak Metals Ltd...

Read more

20 Feb 202414:45

News

Novartis India to convene board meeting

Novartis India will hold a meeting of the Board of Directors of the Company on 25 January ...

Read more

28 Dec 202310:25

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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 3.55. 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.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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