NOVARTIS INDIA LIMITED Valuation
NOVARTIND · Healthcare · Current price ₹1,581
Is NOVARTIS INDIA LIMITED undervalued?
DocStoX estimates the fair value of NOVARTIS INDIA LIMITED at ₹678 per share, versus the current market price of ₹1,581. That puts the stock about -57.1% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹331), Relative P/E (₹1,454), Graham floor (₹531). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹331 (bear) to ₹678 (base) to ₹1,454 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
Valuation multiples
NOVARTIS INDIA LIMITED trades at a P/E of 41.9x and a P/B of 4.5x, with a dividend yield of 1.7%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.
Understand the ratios
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DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.