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/E ratio

As of 25 September 2026, CVS Health Corporation (CVS) trades at a P/E ratio of 23.3×. Over the past ten years it has ranged from 0.0× (June 2019) to 208× (October 2025); the current reading is higher than 75% of that period. That is in line with the Healthcare Plans industry median of 23.8× and in line with the Healthcare sector median of 22.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 56.3× 360.15%
FY2024 12.2× (1.81%)
FY2023 12.5× (57.50%)
FY2022 29.3× 70.47%
FY2021 17.2× 37.95%
FY2020 12.5× (14.61%)
FY2019 14.6× —
FY2018 0.0× —
FY2017 11.3× (30.25%)
FY2016 16.3× (22.31%)

Quarterly

Period P/E ratio Change
Jun 2026 27.0× (13.12%)
Mar 2026 31.1× (44.76%)
Dec 2025 56.3× (70.14%)
Sep 2025 188× 883.63%
42 more quarters

Against its own ten years

Low 0.0× High 208×
Ten-year median 16.5×
Current reading's percentile 75

P/E ratio against peers

Company P/E ratio
CLOV Clover Health Investments, Corp. compare n/m
MOH Molina Healthcare, Inc compare n/m
CNC Centene Corporation compare n/m
CI Cigna Group compare 11.3×
OSCR Oscar Health, Inc. compare 17.3×
ELV Elevance Health, Inc. compare 17.6×
CVS CVS Health Corporation 23.3×
UNH UnitedHealth Group Incorporated compare 24.2×
HUM Humana Inc. compare 37.4×
Healthcare Plans industry median 23.8×
Healthcare sector median 22.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on CVS