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NVS Novartis AG PE ratio, current and historical analysis

As of Jun 18, 2024, the Novartis AG stock's PE ratio is 14.16. This results from the current EPS of $7.41 and stock price of $104.94. The PE ratio has decreased by 31% from the past four quarters average of 20.6.

NVS PE ratio history

How has NVS's PE ratio performed in the past

The PE ratio of Novartis AG has averaged 20.2 over the last ten years. The current price-to-earnings ratio of 14.16 is 30% less than the historical average. In the past ten years, NVS's PE ratio reached its highest point in the Jun 2017 quarter at 30.35, when the stock price was $83.47 and the EPS was $2.75. The lowest point was recorded in the Sep 2022 quarter, when it reached 7.77 with a price of $76.01 and an EPS of $9.78.

Average
20.2
Median
21.63
Minimum
7.77
Maximum
30.35

Novartis AG PE ratio by year

Maximum annual increase: 248.1% in 2022

Maximum annual decrease: -69.29% in 2021

Year PE ratio Change
2023 14.12 -50.35%
2022 28.44 248.1%
2021 8.17 -69.29%
2020 26.6 43.86%
2019 18.49 17.25%
2018 15.77 -38.4%
2017 25.6 -0.89%
2016 25.83 122.1%
2015 11.63 -47.16%
2014 22.01 2.95%

NVS average PE ratio chart

What is the average PE ratio of NVS for the past years

The current PE ratio of NVS is lower than the 3, 5 and 10-year averages.

3-year avg
17.73
5-year avg
19.41
10-year avg
20.2
15-year avg
19.15

NVS PE vs peers

What is NVS's PE ratio compared to its peers

NVS's PE ratio is less than its peer stocks MRK and AZN, but it is above JNJ's.

Stock name PE ratio Market cap
JNJ Johnson & Johnson 9.56 $350.94B
NVS Novartis AG 14.15 $213.96B
ABT Abbott Laboratories 32.36 $181.83B
AZN Astrazeneca plc 38.18 $242.68B
MRK Merck & Co Inc 141.02 $325.04B
PFE Pfizer Inc N/A $156.57B
TEVA Teva Pharmaceutical Industries Ltd N/A $19.17B
BMY Bristol Myers Squibb Co N/A $82.1B

Frequently asked questions

What is Novartis AG's PE ratio?

NVS stock has a price to earnings ratio of 14.16 as of Jun 18, 2024.

What is the 3-year average PE ratio for Novartis AG (NVS)?

The 3-year average PE ratio for NVS stock is 17.73.

What is the 5-year average PE ratio for Novartis AG (NVS)?

The 5-year average PE ratio for NVS stock is 19.41.

What is the highest PE ratio for NVS?

Over the last ten years, the quarterly PE ratio reached a historic high of 30.35 in the Jun 2017 quarter.

How does the current PE ratio for NVS compare to its historical average?

NVS's price to earnings ratio is currently 30% below its 10-year historical average.

How is NVS's PE ratio calculated (Novartis AG PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 18, 2024), Novartis AG's stock price is $104.94. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.41. Therefore, Novartis AG's price to earnings ratio for today is 14.16. PE RATIO(14.16) = STOCK PRICE($104.94) / TTM EPS($7.41)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.