Novartis
NVS
$98.35
Share price
1.10%
Change (1 day)
-2.23%
Change (1 year)
Categories
Novartis AG is a biotechnology and pharmaceutical company based in Basel, Switzerland. Novartis was formed in 1996 from a merger of the two Basel pharmaceutical and chemical companies Ciba-Geigy AG and Sandoz AG. Novartis is one of the largest pharmaceutical companies in the world with sales of USD 47.4 billion in 2019.
Novartis (NVS) - P/B ratio
P/B ratio as of April 2024 : 4.29
According to Novartis's latest financial reports the company has a price-to-book ratio of 4.29.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Novartis - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.44 | 35.19% |
| 2022-12-31 | 3.28 | 13.36% |
| 2021-12-31 | 2.90 | -24.62% |
| 2020-12-31 | 3.84 | -0.63% |
| 2019-12-31 | 3.87 | 54.26% |
| 2018-12-31 | 2.51 | -5.63% |
| 2017-12-31 | 2.66 | 15.01% |
| 2016-12-31 | 2.31 | -14.55% |
| 2015-12-31 | 2.70 | -14.52% |
| 2014-12-31 | 3.16 | 20.99% |
| 2013-12-31 | 2.61 | 18.84% |
| 2012-12-31 | 2.20 | 5.02% |
| 2011-12-31 | 2.09 | 8.56% |
| 2010-12-31 | 1.93 | -11.35% |
| 2009-12-31 | 2.18 | -2.62% |
| 2008-12-31 | 2.23 | -10.26% |
| 2007-12-31 | 2.49 | -23.78% |
| 2006-12-31 | 3.27 | -11.63% |
| 2005-12-31 | 3.70 | -5.62% |
| 2004-12-31 | 3.92 | 5.55% |
| 2003-12-31 | 3.71 | 15.66% |
| 2002-12-31 | 3.21 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 5.24 | 22.23% | 🇺🇸 USA |
 Pfizer PFE | 1.67 | -61.07% | 🇺🇸 USA |
 Abbott Laboratories ABT | 4.81 | 12.15% | 🇺🇸 USA |
 Sanofi SNY | 1.45 | -66.22% | 🇫🇷 France |
 Merck MRK | 8.54 | 99.18% | 🇺🇸 USA |
 Bristol-Myers Squibb BMY | 3.37 | -21.46% | 🇺🇸 USA |
 AstraZeneca AZN | 5.61 | 30.82% | 🇬🇧 UK |
 GlaxoSmithKline GSK | 5.17 | 20.65% | 🇬🇧 UK |
 Teva Pharmaceutical Industries TEVA | 1.81 | -57.70% | 🇮🇱 Israel |