Novo Nordisk
NVO
#90
Rank
NZ$333.80 B
Marketcap
NZ$75.32
Share price
-1.03%
Change (1 day)
-33.34%
Change (1 year)

Novo Nordisk A / S produces and markets pharmaceutical products and services. Since its founding in Denmark in 1923, the company has developed into a leading company in the diabetes sector worldwide.

P/E ratio for Novo Nordisk (NVO)

P/E ratio as of May 2026 (TTM): 10.3

According to Novo Nordisk's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3087. At the end of 2025 the company had a P/E ratio of 14.3.

P/E ratio history for Novo Nordisk from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
202514.3-44.6%
202425.9
201613.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Pfizer
PFE
19.3 87.57%๐Ÿ‡บ๐Ÿ‡ธ USA
Eli Lilly
LLY
35.0 239.59%๐Ÿ‡บ๐Ÿ‡ธ USA
Sanofi
SNY
17.0 65.01%๐Ÿ‡ซ๐Ÿ‡ท France
Bristol-Myers Squibb
BMY
16.1 56.16%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.