CVS Price To Book Ratio from 2010 to 2024

CVS Stock  USD 58.01  0.91  1.59%   
CVS Health Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 1.26 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
1.32699808
Current Value
1.26
Quarterly Volatility
0.84381473
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CVS Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CVS Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 B, Interest Expense of 2.8 B or Selling General Administrative of 40.3 B, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0243 or PTB Ratio of 1.26. CVS financial statements analysis is a perfect complement when working with CVS Health Valuation or Volatility modules.
  
Check out the analysis of CVS Health Correlation against competitors.

Latest CVS Health's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of CVS Health Corp over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. CVS Health's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CVS Health's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

CVS Price To Book Ratio Regression Statistics

Arithmetic Mean1.99
Geometric Mean1.86
Coefficient Of Variation42.41
Mean Deviation0.64
Median1.72
Standard Deviation0.84
Sample Variance0.71
Range3.066
R-Value(0.60)
Mean Square Error0.49
R-Squared0.37
Significance0.02
Slope(0.11)
Total Sum of Squares9.97

CVS Price To Book Ratio History

2024 1.26
2023 1.33
2022 1.72
2021 1.81
2020 1.29
2019 1.51
2018 1.17

About CVS Health Financial Statements

CVS Health shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although CVS Health investors may analyze each financial statement separately, they are all interrelated. The changes in CVS Health's assets and liabilities, for example, are also reflected in the revenues and expenses on on CVS Health's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Book Ratio 1.33  1.26 

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Additional Tools for CVS Stock Analysis

When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.