CVS Health Corporation

CVS Health Corporationverified

CVS

Price:

$55.54

Market Cap:

$69.72B

CVS Health Corporation provides health services in the United States. The company's Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Its Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management s...[Read more]

Industry

Medical - Healthcare Plans

IPO Date

1996-11-20

Stock Exchange

NYSE

Ticker

CVS

The PE Ratio as of May 2024 (TTM) for CVS Health Corporation (CVS) is 9.74

According to CVS Health Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 9.74. This represents a change of -31.10% compared to the average of 14.14 of the last 4 quarters.

CVS Health Corporation (CVS) Historical PE Ratio (quarterly & annually)

How has CVS PE Ratio performed in the past?

The mean historical PE Ratio of CVS Health Corporation over the last ten years is 4.14. The current 9.74 PE Ratio has changed 23.41% with respect to the historical average. Over the past ten years (40 quarters), CVS's PE Ratio was at its highest in in the June 2016 quarter at 27.72. The PE Ratio was at its lowest in in the December 2018 quarter at -43.61.

Quarterly (TTM)
Annual

Average

4.14

Median

15.25

Minimum

-115.16

Maximum

28.36

CVS Health Corporation (CVS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of CVS Health Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 66.77%

Maximum Annual PE Ratio = 28.36

Minimum Annual Increase = -1131.19%

Minimum Annual PE Ratio = -115.16

Quarterly (TTM)
Annual
YearPE RatioChange
202312.16-57.12%
202228.3666.77%
202117.0136.56%
202012.45-14.52%
201914.57-112.65%
2018-115.16-1131.19%
201711.17-29.87%
201615.92-23.70%
201520.87-13.31%
201424.0826.94%

CVS Health Corporation (CVS) Average PE Ratio

How has CVS PE Ratio performed in the past?

The current PE Ratio of CVS Health Corporation (CVS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

19.18

5-year avg

16.91

10-year avg

4.14

CVS Health Corporation (CVS) PE Ratio vs. Peers

How is CVS’s PE Ratio compared to its peers?

CVS Health Corporation’s PE Ratio is less than Humana Inc. (21.22), less than Cigna Corporation (42.29), less than Elevance Health Inc. (19.43), less than Centene Corporation (14.60), less than UnitedHealth Group Incorporated (30.47), less than Molina Healthcare, Inc. (17.96), greater than Alignment Healthcare, Inc. (-8.61),

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