Novartis AG (NVSEF) stock
NVSEFOTCPharmaceutical PreparationsFiscal year ends December 31Also trades as NVS
$146.46+2.56 (+1.78%)
Close on Oct 19, 2026Market cap $279.46BP/E 20.5Yield –
Novartis price to book ratio
The price-to-book ratio is market cap divided by shareholders' equity.
Novartis's price to book ratio was 7.5× on Nov 3, 2026, against 6.3× a year earlier. Over the last 5 years it ranged from 2.7× to 7.6×, with a median of 4.7×.
Price to Book Ratio at the end of each year
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| 2026 | Nov 3, 2026 | 7.5× | +0.8 |
| 2025 | Dec 31, 2025 | 6.7× | +1.8 |
| 2024 | Dec 31, 2024 | 4.9× | +0.6 |
| 2023 | Dec 29, 2023 | 4.3× | +1.0 |
| 2022 | Dec 30, 2022 | 3.3× | −0.5 |
| 2021 | Dec 31, 2021 | 3.7× | −0.4 |
| 2020 | Dec 31, 2020 | 4.1× | −0.2 |
| 2019 | Dec 31, 2019 | 4.3× | +1.7 |
| 2018 | Dec 31, 2018 | 2.6× | −0.1 |
| 2017 | Dec 29, 2017 | 2.7× | – |
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