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Novo Nordisk A/S (NVO) EV/Assets Ratio: 2.47x

Is Novo Nordisk A/S’s EV/Assets ratio high or low?

Novo Nordisk A/S's EV/Assets ratio of 2.47x is 93% below its 5-year average of 33.14x, near the low end of its 5-year range (2.04x–84.96x).

As of Wednesday, June 17, 2026. 19.05% below its 12-month average of 3.05x.

NVO EV/Assets Ratio Chart

NVO EV/Assets Ratio
2.47x-50.50% 1Y
Zoom

NVO Average EV/Assets Ratio Chart

NVO Current vs Average EV/Assets Ratio Chart

NVO EV/Assets Ratio Metrics

EV/ASSETS RATIO

2.47x

EV/ASSETS RATIO AVG TTM

3.05x

EV/ASSETS RATIO AVG 3Y

23.74x

EV/ASSETS RATIO AVG 5Y

33.14x

EV/ASSETS RATIO AVG 10Y

26.31x

EV/ASSETS RATIO AVG 15Y

20.47x

EV/ASSETS RATIO AVG 20Y

6.69x

CURRENT VS TTM AVG

-19.05%

CURRENT VS 3Y AVG

-89.59%

CURRENT VS 5Y AVG

-92.55%

CURRENT VS 10Y AVG

-90.61%

CURRENT VS 15Y AVG

-87.93%

CURRENT VS 20Y AVG

-63.07%

NVO Competitors' EV/Assets Ratio

NAMEMARKET CAPEV/ASSETS RATIOTTM3Y5Y
Novo Nordisk A/S (NVO)$193.53B2.47x3.05x23.74x33.14x
Amgen Inc. (AMGN)vs ›$187.59B2.54x2.47x2.27x2.38x
Thermo Fisher Scientific Inc. (TMO)vs ›$175.64B1.91x2.16x2.33x2.57x
Gilead Sciences, Inc. (GILD)vs ›$158.06B3.09x3.06x2.44x2.16x
Abbott Laboratories (ABT)vs ›$157.84B1.68x2.48x2.67x2.75x
Pfizer Inc. (PFE)vs ›$148.41B1.02x1.00x1.03x1.28x
Intuitive Surgical, Inc. (ISRG)vs ›$145.70B7.36x8.84x9.09x8.49x
Danaher Corporation (DHR)vs ›$128.06B1.70x1.98x2.16x2.26x
CVS Health Corporation (CVS)vs ›$127.73B0.78x0.67x0.63x0.70x
Stryker Corporation (SYK)vs ›$119.06B2.86x3.26x3.42x3.27x

Novo Nordisk A/S EV/Assets Ratio Formula & Definition

EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Novo Nordisk A/S EV/Assets Ratio FAQ

What is the EV/Assets ratio for Novo Nordisk A/S (NVO)?
The EV/Assets ratio for NVO stock is 2.47x.
Is Novo Nordisk A/S's EV/Assets ratio high or low?
Novo Nordisk A/S's EV/Assets ratio of 2.47x is 93% below its 5-year average of 33.14x, near the low end of its 5-year range (2.04x–84.96x).
What is the TTM average EV/Assets ratio for Novo Nordisk A/S (NVO)?
The TTM average EV/Assets ratio for NVO stock is 3.05x.
What is the 3Y average EV/Assets ratio for Novo Nordisk A/S (NVO)?
The 3Y average EV/Assets ratio for NVO stock is 23.74x.
What is the 5Y average EV/Assets ratio for Novo Nordisk A/S (NVO)?
The 5Y average EV/Assets ratio for NVO stock is 33.14x.
What is the 10Y average EV/Assets ratio for Novo Nordisk A/S (NVO)?
The 10Y average EV/Assets ratio for NVO stock is 26.31x.
What is the 15Y average EV/Assets ratio for Novo Nordisk A/S (NVO)?
The 15Y average EV/Assets ratio for NVO stock is 20.47x.
What is the 20Y average EV/Assets ratio for Novo Nordisk A/S (NVO)?
The 20Y average EV/Assets ratio for NVO stock is 6.69x.

Novo Nordisk A/S EV/Assets Ratio History

DATEEV/ASSETS RATIO
2026-06-162.47x
2026-06-152.49x
2026-06-122.49x
2026-06-112.49x
2026-06-102.43x
2026-06-092.40x
2026-06-082.34x
2026-06-052.44x
2026-06-042.48x
2026-06-032.39x
2026-06-022.44x
2026-06-012.50x
2026-05-292.58x
2026-05-282.57x
2026-05-272.52x
2026-05-262.50x
2026-05-222.54x
2026-05-212.51x
2026-05-202.55x
2026-05-192.51x
2026-05-182.51x
2026-05-152.53x
2026-05-142.59x
2026-05-132.65x
2026-05-122.65x
2026-05-112.62x
2026-05-082.60x
2026-05-072.59x
2026-05-062.58x
2026-05-052.54x
2026-05-042.51x
2026-05-012.48x
2026-04-302.40x
2026-04-292.30x
2026-04-282.34x
2026-04-272.34x
2026-04-242.34x
2026-04-232.20x
2026-04-222.24x
2026-04-212.25x
2026-04-202.31x
2026-04-172.31x
2026-04-162.33x
2026-04-152.32x
2026-04-142.25x
2026-04-132.18x
2026-04-102.15x
2026-04-092.15x
2026-04-082.16x
2026-04-072.12x
2026-04-062.11x
2026-04-022.12x
2026-04-012.10x
2026-03-312.11x
2026-03-302.04x
2026-03-272.07x
2026-03-262.09x
2026-03-252.09x
2026-03-242.12x
2026-03-232.12x
2026-03-202.10x
2026-03-192.13x
2026-03-182.15x
2026-03-172.20x
2026-03-162.21x
2026-03-132.17x
2026-03-122.18x
2026-03-112.22x
2026-03-102.21x
2026-03-092.27x
2026-03-062.21x
2026-03-052.23x
2026-03-042.20x
2026-03-032.11x
2026-03-022.16x
2026-02-272.15x
2026-02-262.16x
2026-02-252.19x
2026-02-242.21x
2026-02-232.26x
2026-02-202.67x
2026-02-192.72x
2026-02-182.76x
2026-02-172.77x
2026-02-132.78x
2026-02-122.75x
2026-02-112.74x
2026-02-102.76x
2026-02-092.77x
2026-02-062.68x
2026-02-052.46x
2026-02-042.66x
2026-02-032.82x
2026-02-023.40x
2026-01-303.42x
2026-01-293.42x
2026-01-283.47x
2026-01-273.62x
2026-01-263.68x
2026-01-233.58x
2026-01-223.58x
2026-01-213.42x
2026-01-203.49x
2026-01-163.59x
2026-01-153.30x
2026-01-143.40x
2026-01-133.44x
2026-01-123.45x
2026-01-093.39x
2026-01-083.31x
2026-01-073.27x
2026-01-063.25x
2026-01-053.19x
2026-01-023.04x
2025-12-312.95x
2025-12-302.97x
2025-12-292.98x
2025-12-263.04x
2025-12-243.04x
2025-12-232.99x
2025-12-222.80x
2025-12-192.80x
2025-12-182.77x
2025-12-172.78x
2025-12-162.85x
2025-12-152.92x
2025-12-122.91x
2025-12-112.92x
2025-12-102.85x
2025-12-092.70x
2025-12-082.72x
2025-12-052.78x
2025-12-042.79x
2025-12-032.77x
2025-12-022.76x
2025-12-012.82x
2025-11-282.87x
2025-11-262.83x
2025-11-252.74x
2025-11-242.62x
2025-11-212.77x
2025-11-202.77x
2025-11-192.85x
2025-11-182.77x
2025-11-172.82x
2025-11-142.81x
2025-11-132.86x
2025-11-122.92x
2025-11-112.86x
2025-11-102.68x
2025-11-072.66x
2025-11-062.71x
2025-11-052.82x
2025-11-042.99x
2025-11-033.04x
2025-10-313.06x
2025-10-303.10x
2025-10-293.18x
2025-10-283.21x
2025-10-273.26x
2025-10-243.27x
2025-10-233.28x
2025-10-223.29x
2025-10-213.37x
2025-10-203.43x
2025-10-173.35x
2025-10-163.45x
2025-10-153.49x
2025-10-143.48x
2025-10-133.53x
2025-10-103.50x
2025-10-093.60x
2025-10-083.66x
2025-10-073.62x
2025-10-063.66x
2025-10-033.66x
2025-10-023.61x
2025-10-013.63x
2025-09-303.42x
2025-09-293.42x
2025-09-263.42x
2025-09-253.45x
2025-09-243.61x
2025-09-233.65x
2025-09-223.72x
2025-09-193.76x
2025-09-183.79x
2025-09-173.58x
2025-09-163.52x
2025-09-153.42x
2025-09-123.38x
2025-09-113.35x
2025-09-103.35x
2025-09-093.35x
2025-09-083.35x
2025-09-053.40x
2025-09-043.45x
2025-09-033.49x
2025-09-023.47x
2025-08-293.47x
2025-08-283.45x
2025-08-273.47x
2025-08-263.41x
2025-08-253.47x
2025-08-223.50x
2025-08-213.41x
2025-08-203.35x
2025-08-193.37x
2025-08-183.31x
2025-08-153.24x
2025-08-143.15x
2025-08-133.15x
2025-08-123.08x
2025-08-113.09x
2025-08-083.16x
2025-08-073.02x
2025-08-062.82x
2025-08-053.13x
2025-08-043.23x
2025-08-013.19x
2025-07-313.12x
2025-07-303.30x
2025-07-293.55x
2025-07-284.49x
2025-07-254.66x
2025-07-244.60x
2025-07-234.56x
2025-07-224.35x
2025-07-214.24x
2025-07-184.20x
2025-07-174.26x
2025-07-164.37x
2025-07-154.38x
2025-07-144.49x
2025-07-114.49x
2025-07-104.62x
2025-07-094.53x
2025-07-084.53x
2025-07-074.51x
2025-07-034.50x
2025-07-024.54x
2025-07-014.54x
2025-06-304.49x
2025-06-274.46x
2025-06-264.41x
2025-06-254.39x
2025-06-244.60x
2025-06-234.54x
2025-06-204.79x
2025-06-184.81x
2025-06-174.83x
2025-06-164.99x
2025-06-135.17x
2025-06-125.25x
2025-06-115.10x
2025-06-105.14x
2025-06-094.90x
2025-06-064.84x
2025-06-054.72x
2025-06-044.68x

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

About Novo Nordisk A/S

Novo Nordisk A/S is a global pharmaceutical firm dedicated to the investigation, creation, manufacturing, and distribution of medicinal products across a vast international footprint. Its market presence extends throughout Europe, the Middle East, Africa, various parts of Asia (including Mainland China, Hong Kong, and Taiwan), and North America. The company's operations are structured into two principal business units: Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity Care division delivers therapies for diabetes, obesity, cardiovascular ailments, and other emerging therapeutic areas. Meanwhile, the Rare Disease division concentrates on providing treatments for rare blood disorders, uncommon endocrine conditions, and hormone replacement solutions. In addition to its core pharmaceutical offerings, Novo Nordisk produces specialized medical equipment such as insulin pens, growth hormone pens, and injection needles. It also pioneers smart digital solutions for diabetes management, including advanced insulin pens and the Dose Check application, designed to guide insulin dosage. The company engages in strategic alliances, notably a partnership with UNICEF to combat childhood obesity and a collaboration with Valo Health, Inc. to discover and advance novel drug pipelines in the cardiometabolic space. Founded in 1923, Novo Nordisk A/S is headquartered in Bagsvaerd, Denmark.

Bagsvaerd
77,406 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Maziar Mike Doustdar