NVS

Novartis
D

NVS

Arincen80/100B

Novartis P/E ratio

Novartis's P/E ratio is 30.56: its share price of 160.42 over its earnings per share of 5.25 over the last twelve months.

Today
30.56
Forward P/E, next 12 months
16.46
PEG ratio
2.46
Median, 5 years
17.94
Low, 5 years
6.86
High, 5 years
31.43

P/E ratio = price ÷ EPS (last 12 months) = 160.42 ÷ 5.25 = 30.56

Each day's closing price over the earnings per share of the last four quarters reported by that day (basic EPS, adjusted for splits). The P/E moves with the price every day and with the earnings at each report.

The forward P/E divides the price by the analysts' average EPS estimate for the next twelve months: the fiscal year in progress for the months left in it, the next one for the rest. For past days it uses each year's latest estimate, as the estimates of the time were not recorded (we keep a daily copy from November 2026), so the past line reads the price against the earnings expected by the time each year was reported.

Is Novartis's P/E high compared with its own history?

Novartis's P/E of 30.6 is near the top of its 5-year range (6.9 to 31.4, median 17.9). It is within 5% of its 5-year high. Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history.

Is the price fair? See the whole check

A P/E is compared with the stock's own last five years, not with other companies. Why the market pays more or less (news, rates, the sector) is not in these figures.

P/E ratio by year and by quarter

Fiscal yearPeriod endingP/E ratioForward P/EMarket capNet income
FY2027 · Estimate31 Dec 202716.24———
FY2026 · Estimate31 Dec 202618.02———
Today30.5616.46302.97B12.76B
FY202531 Dec 202519.0215.48267.32B14.06B
FY202431 Dec 202416.4510.90196.40B11.94B
FY202331 Dec 202324.4613.40209.69B8.57B
FY202231 Dec 202230.9612.88187.25B6.05B
FY202131 Dec 20218.1014.52185.62B22.91B
FY202031 Dec 202025.2115.01203.48B8.07B
FY201931 Dec 201928.7216.32205.26B7.15B
FY201831 Dec 201813.2018.10166.50B12.61B
FY201731 Dec 201721.3920.43164.79B7.70B
FY201631 Dec 201621.6419.02144.94B6.70B
FY201531 Dec 201524.6120.60172.98B7.03B
FY201431 Dec 201417.5320.51188.06B10.73B
FY201331 Dec 201317.6714.27164.16B9.29B
FY201231 Dec 201213.3111.28128.06B9.62B
FY201131 Dec 201112.3210.55113.93B9.25B
FY201031 Dec 201011.3110.44112.75B9.97B
FY200931 Dec 200912.2211.12103.28B8.45B
FY200831 Dec 200811.5512.0794.31B8.16B
FY200731 Dec 200716.1014.32105.31B6.54B
FY200631 Dec 200616.0616.36112.71B7.02B
FY200531 Dec 200516.6816.17102.43B6.14B
FY200431 Dec 200417.2715.5799.59B5.77B
FY200331 Dec 200318.2218.9691.37B5.02B
FY200231 Dec 200214.8016.9877.30B5.22B
FY200131 Dec 200118.53—78.54B4.24B
FY200031 Dec 200022.42—98.55B4.40B
FY199931 Dec 199918.76—78.56B4.19B
FY199831 Dec 199824.89—109.68B4.41B

Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters. A forecast year's P/E is today's price over the analysts' EPS estimate for that year.

See also:Market cap,P/S ratio,Dividend yield,ROE (return on equity),Debt to equity,Current ratio,All ratios

Common questions about Novartis's P/E ratio

Source: Financial Modeling Prep