CVS Health Corporation CVS

89.13 4.08 4.80% as of 25 Sep
Market cap
$108.5B
P/E
23.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

CVS Health Corporation (CVS) P/B ratio

As of 25 September 2026, CVS Health Corporation (CVS) trades at a P/B ratio of 1.4×. Over the past ten years it has ranged from 0.7× (December 2024) to 3.4× (July 2015); the current reading is higher than 44% of that period. That is below the Healthcare Plans industry median of 2.5× and below the Healthcare sector median of 2.5×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.3× 78.74%
FY2024 0.7× (44.95%)
FY2023 1.4× (20.18%)
FY2022 1.7× (5.91%)
FY2021 1.8× 40.73%
FY2020 1.3× (14.84%)
FY2019 1.5× 28.91%
FY2018 1.2× (41.27%)
FY2017 2.0× (15.01%)
FY2016 2.3× (20.33%)

Quarterly

Period P/B ratio Change
Jun 2026 1.7× 40.62%
Mar 2026 1.2× (11.72%)
Dec 2025 1.3× 1.93%
Sep 2025 1.3× 16.21%
42 more quarters

Against its own ten years

Low 0.7× High 3.4×
Ten-year median 1.5×
Current reading's percentile 44

P/B ratio against peers

Company P/B ratio
CNC Centene Corporation compare 1.3×
CVS CVS Health Corporation 1.4×
CI Cigna Group compare 1.7×
ELV Elevance Health, Inc. compare 1.9×
MOH Molina Healthcare, Inc compare 2.3×
HUM Humana Inc. compare 2.5×
UNH UnitedHealth Group Incorporated compare 3.3×
OSCR Oscar Health, Inc. compare 4.4×
CLOV Clover Health Investments, Corp. compare 6.3×
Healthcare Plans industry median 2.5×
Healthcare sector median 2.5×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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