Price to Book ratio Analysis of CVS Health Corp - Deep Dive
Latest FY PB
Period Ending - Dec-23
Very Good PB
1.03
Period Ending - Dec-22
Very Good PB
1.13
Growth
-9.41 %
Trailing Twelve Months PB
Period Ending - Dec-23
Very Good PB
1.06
Most recent Quarter PB
Period Ending - Mar-24
Very Good PB
1.04
PB Analysis of CVS Health Corp
PB Ratio of CVS has fallen by -9.41 % Compared to previous Financial Year. |
PB Ratio with value of 1.24 was highest in Year Dec-19 in last Five Years. |
PB Ratio with value of 1.03 was lowest in Year Dec-23 in last Five Years. |
Latest PB Ratio with value of 1.03 is lower than Average PB of 1.12 in last five years. |
Other PB Related Info of CVS that may interest you.
CVS Health Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CVS | 61.09 | 60.22 | 1.44 % | Healthcare Plans |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..![Price to Book Formula Price to Book Formula](https://my.stockaio.com/help/template/FinDef/ValuationRatios/PriceToBook.jpg)
PB Related Ratios
PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
Excellent Value |
FY - Historical Price to Book of CVS Health Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PB | 1.03 | 1.13 | 1.06 | 1.15 | 1.24 | 1.09 | 1.66 |
Change | -9.41 % | 6.43 % | -7.54 % | -7.30 % | 14.04 % | -34.35 % | -7.27 % |
FY Chart of Price to Book of CVS Health Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)