Novartis Ag (NVS) Price to Earnings (2009 - 2026)
Novartis Ag's (NVS) Price to Earnings was 23.46 for Q2 2026, up 33.9% from 17.52 a year earlier and up 8.8% from the prior quarter.
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Analysis
Novartis Ag (NVS) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Novartis Ag was 18.84, up 17.0% from FY2024.
- By year, Price to Earnings came in at 16.10 in FY2024 (+15.9%), 13.89 in FY2023 (-49.7%), 27.65 in FY2022 (+14.2%) and 24.22 in FY2021 (-8.3%).
- The Q2 2026 figure ranks as the highest quarterly Price to Earnings since Q3 2023.
- Year over year, Price to Earnings has now increased in each of the last seven quarters, with growth averaging 16.9% over the last eight quarters.
- The high point for year-over-year Price to Earnings in five years was Q3 2023 (growth of 253.3%); the low point was Q4 2021 (a decline of 69.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.57 (Q1 2026), 18.84 (Q4 2025) and 17.61 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 653.54 Bn | 572.07 Bn | 17.26 Bn |
| 2 | AbbVie | 467.01 Bn | 440.17 Bn | 12.70 Bn |
| 3 | Merck | 367.16 Bn | 321.59 Bn | 12.21 Bn |
| 4 | Novartis Ag | 277.56 Bn | 233.43 Bn | 11.24 Bn |
| 5 | Astrazeneca | 258.23 Bn | 231.79 Bn | 12.86 Bn |
| 6 | Amgen | 224.14 Bn | 179.54 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.30 Bn | 161.42 Bn | 6.22 Bn |
| 8 | Pfizer | 163.47 Bn | 110.41 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.31 Bn | 105.31 Bn | 2.84 Bn |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.46 |
| Mar 31, 2026 | 21.57 |
| Dec 31, 2025 | 18.84 |
| Sep 30, 2025 | 17.61 |
| Jun 30, 2025 | 17.52 |
| Mar 31, 2025 | 17.12 |
| Dec 31, 2024 | 16.10 |
| Sep 30, 2024 | 13.36 |
| Jun 30, 2024 | 13.45 |
| Mar 31, 2024 | 12.97 |
| Dec 31, 2023 | 13.89 |
| Sep 30, 2023 | 27.54 |
| Jun 30, 2023 | 27.95 |
| Mar 31, 2023 | 27.74 |
| Dec 31, 2022 | 27.65 |
| Sep 30, 2022 | 7.79 |
| Jun 30, 2022 | 8.22 |
| Mar 31, 2022 | 8.11 |
| Dec 31, 2021 | 8.14 |
| Sep 30, 2021 | 18.81 |
API Access
Novartis Ag Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "NVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();