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Novartis India (BOM:500672) Price-to-Tangible-Book : 3.49 (As of Sep. 22, 2024)


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What is Novartis India Price-to-Tangible-Book?

As of today (2024-09-22), Novartis India's share price is ₹1052.50. Novartis India's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹301.66. Hence, Novartis India's Price to Tangible Book Ratio of today is 3.49.

The historical rank and industry rank for Novartis India's Price-to-Tangible-Book or its related term are showing as below:

BOM:500672' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.72   Med: 1.99   Max: 3.49
Current: 3.49

During the past 13 years, Novartis India's highest Price to Tangible Book Ratio was 3.49. The lowest was 1.72. And the median was 1.99.

BOM:500672's Price-to-Tangible-Book is ranked worse than
65.17% of 847 companies
in the Drug Manufacturers industry
Industry Median: 2.28 vs BOM:500672: 3.49

A closely related ratio is called PB Ratio. As of today, Novartis India's share price is ₹1052.50. Novartis India's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹301.66. Hence, Novartis India's P/B Ratio of today is 3.49.


Novartis India Price-to-Tangible-Book Historical Data

The historical data trend for Novartis India's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Novartis India Price-to-Tangible-Book Chart

Novartis India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.92 2.11 1.80 3.41

Novartis India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 - 2.53 - 3.41

Competitive Comparison of Novartis India's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Novartis India's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Novartis India's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Novartis India's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Novartis India's Price-to-Tangible-Book falls into.



Novartis India Price-to-Tangible-Book Calculation

Novartis India's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1052.50/301.659
=3.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Novartis India Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Novartis India's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Novartis India Business Description

Traded in Other Exchanges
N/A
Address
Inspire BKC, Part of 601 & 701, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Novartis India Ltd is an Indian-based pharmaceutical company. The company is engaged in the trading of Drugs and Pharmaceuticals. It derives revenue from operations in India. The company single business segment namely Pharmaceuticals, Its Pharmaceutical business focuses on Bone and Pain, Calcium portfolio, Gynecology, and Neurosciences.

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