Novartis AG
NVS

$226.42 B
Marketcap
$115.73
Share price
Country
$-1.45
Change (1 day)
$120.92
Year High
$92.19
Year Low

Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology, dermatology, respiratory, cardiovascular, renal, and metabolism medicine products. The Sandoz segment develops, manufactures, and markets finished dosage form medicines; active ingredients and finished dosage forms of small molecule pharmaceuticals to third parties; and retail generics and anti-infectives. It also provides active pharmaceutical ingredients and intermediates primarily antibiotics; protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran; and a clinical collaboration with Kura Oncology, Inc. to evaluate the combination of Tipifarnib and Alpelisib in patients with head and neck squamous cell carcinoma. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.

marketcap

P/E ratio for Novartis AG (NVS)

P/E ratio as of 2023: 14.12

According to Novartis AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.12. At the end of 2022 the company had a P/E ratio of 26.92.

P/E ratio history for Novartis AG from 1998 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 14.12
2022 26.92
2021 7.73
2020 25.21
2019 28.72
2018 13.20
2017 21.40
2016 21.59
2015 9.73
2014 18.42
2013 17.89
2012 13.47
2011 12.50
2010 11.51
2009 12.30
2008 11.51
2007 8.82
2006 15.71
2005 16.71
2004 17.27
2003 18.22
2002 14.80
2001 18.53
2000 22.42
1999 18.76
1998 24.89