CVS Price To Sales Ratio from 2010 to 2024

CVS Stock  USD 56.71  0.12  0.21%   
CVS Health Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 0.27 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing CVS Health's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
0.28359532
Current Value
0.27
Quarterly Volatility
0.18777464
 
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 Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of CVS Health Corp over the last few years. Price to Sales Ratio is figured by comparing CVS Health Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CVS Health sales, a figure that is much harder to manipulate than other CVS Health Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. CVS Health's Price To Sales 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.
ViewLast Reported 0.19 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

CVS Price To Sales Ratio Regression Statistics

Arithmetic Mean0.49
Geometric Mean0.46
Coefficient Of Variation38.01
Mean Deviation0.15
Median0.47
Standard Deviation0.19
Sample Variance0.04
Range0.5922
R-Value(0.78)
Mean Square Error0.01
R-Squared0.61
Significance0.0006
Slope(0.03)
Total Sum of Squares0.49

CVS Price To Sales Ratio History

2024 0.27
2023 0.28
2021 0.47
2020 0.33
2019 0.38
2018 0.35
2017 0.4

About CVS Health Financial Statements

CVS Health shareholders use historical fundamental indicators, such as Price To Sales 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 Sales Ratio 0.28  0.27 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.