Novo Nordisk A/S (NVO) PE Ratio: 10.18

Is Novo Nordisk A/S’s P/E ratio high or low?

Novo Nordisk A/S's P/E ratio of 10.18 is 68% below its 5-year average of 32.00, near the low end of its 5-year range (9.60–50.93).

As of Wednesday, June 17, 2026. 28.19% below its 12-month average of 14.18.

PE Ratio (10.18) = Close Price ($43.52) / Diluted TTM EPS ($4.28)

NVO PE Ratio Chart

NVO Average PE Ratio Chart

NVO Current vs Average PE Ratio Chart

NVO PE Ratio Metrics

P/E vs. its own history

At 10.2, P/E is cheaper than usual, sitting higher than 0% of its 20-year history.

P/E Comparison

Novo Nordisk A/S PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Novo Nordisk A/S PE Ratio FAQ

What is the P/E ratio for Novo Nordisk A/S (NVO)?

The P/E ratio for NVO stock is 10.18.

Is Novo Nordisk A/S's P/E ratio high or low?

Novo Nordisk A/S's P/E ratio of 10.18 is 68% below its 5-year average of 32.00, near the low end of its 5-year range (9.60–50.93).

What is the TTM average P/E ratio for Novo Nordisk A/S (NVO)?

The TTM average P/E ratio for NVO stock is 14.18.

What is the 3Y average P/E ratio for Novo Nordisk A/S (NVO)?

The 3Y average P/E ratio for NVO stock is 29.95.

What is the 5Y average P/E ratio for Novo Nordisk A/S (NVO)?

The 5Y average P/E ratio for NVO stock is 32.00.

What is the 10Y average P/E ratio for Novo Nordisk A/S (NVO)?

The 10Y average P/E ratio for NVO stock is 26.75.

What is the 15Y average P/E ratio for Novo Nordisk A/S (NVO)?

The 15Y average P/E ratio for NVO stock is 25.10.

What is the 20Y average P/E ratio for Novo Nordisk A/S (NVO)?

The 20Y average P/E ratio for NVO stock is 23.81.

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

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