CVS Health Corporation

CVS Healthcare Healthcare Plans

CVS Health Corporation’s revenue for fiscal 2025 (year ended December 2025) was $402.1 billion, up 7.85% from fiscal 2024.

Revenue
+5.37%
EPS
+154.1%
Free cash flow
+3,886.7%
Total debt
−7.83%

Quarter to September 2026, against a year earlier

83.85 2.52 +3.10%
Market cap
$104.0B
P/E
9.6×
Fwd P/E
11.8×
Dividend yield
3.19%
F-score
7/9
Altman Z
2.26
Beneish M
−2.64
Dividend safety
43/100

CVS Health Corporation (CVS) P/B ratio

Alert me on P/B ratio

As of 6 November 2026, CVS Health Corporation (CVS) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 0.7× (December 2024) to 3.4× (July 2015); the current reading is higher than 36% of that period. That is below the Healthcare Plans industry median of 2.8× and below the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

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 newest first

Period P/B ratio Change
Sep 2026 1.4× (17.78%)
Jun 2026 1.7× 40.62%
Mar 2026 1.2× (11.72%)
Dec 2025 1.3× 1.93%
43 more quarters

Against its own ten years

Low 0.7× High 3.4×
Ten-year median 1.5×
Current reading's percentile 39

P/B ratio against peers

Company P/B ratio
CVS CVS Health Corporation 1.3×
CNC Centene Corporation compare 1.5×
CI Cigna Group compare 1.8×
ELV Elevance Health, Inc. compare 2.1×
MOH Molina Healthcare, Inc compare 2.6×
HUM Humana Inc. compare 2.8×
UNH UnitedHealth Group Incorporated compare 3.4×
OSCR Oscar Health, Inc. compare 4.3×
PGNY Progyny, Inc. compare 6.4×
Healthcare Plans industry median 2.8×
Healthcare sector median 2.3×
Market median 1.7×

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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