CVS Health Corp

NYSE CVS

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CVS Health Corp Price to Book Ratio (P/B) on June 03, 2024: 1.02

CVS Health Corp Price to Book Ratio (P/B) is 1.02 on June 03, 2024, a -19.63% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • CVS Health Corp 52-week high Price to Book Ratio (P/B) is 1.41 on January 05, 2024, which is 37.95% above the current Price to Book Ratio (P/B).
  • CVS Health Corp 52-week low Price to Book Ratio (P/B) is 0.91 on May 28, 2024, which is -10.93% below the current Price to Book Ratio (P/B).
  • CVS Health Corp average Price to Book Ratio (P/B) for the last 52 weeks is 1.22.
NYSE: CVS

CVS Health Corp

CEO Ms. Karen Sue Lynch
IPO Date Dec. 17, 1984
Location United States
Headquarters One CVS Drive, Woonsocket, RI, United States, 02895
Employees 219,000
Sector Healthcare
Industry Healthcare plans
Description

CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The 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. The Health Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, specialty and mail order pharmacy, clinical, disease management, and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, CMS, plans offered on public health insurance, and other sponsors of health benefit plans. The Pharmacy & Consumer Wellness segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. It operates online retail pharmacy websites, LTC pharmacies and on-site pharmacies, retail specialty pharmacy stores, compounding pharmacies and branches for infusion and enteral nutrition services. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was incorporated in 1996 and is headquartered in Woonsocket, Rhode Island.

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StockViz Staff

September 19, 2024

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