CVS CVS HEALTH PE ratio, current and historical analysis
As of Nov 21, 2024, the CVS stock has a PE ratio of 14.46. The calculation is based on the latest EPS of $3.95 and the stock price of $57.1 per share. An increase of 10% has been observed in the PE ratio compared to its average of 13.1 of the last four quarters.
CVS PE ratio history
The mean historical PE ratio of CVS HEALTH over the last ten years is 17.87. The current 14.46 P/E ratio is 19% lower than the historical average. Looking back at the last ten years, CVS's PE ratio peaked in the Sep 2022 quarter at 37.11, with a price of $95.37 and an EPS of $2.57. The Mar 2018 quarter marked the lowest point at 9.53, with a price of $62.21 and an EPS of $6.53.
CVS HEALTH PE ratio by year
Maximum annual increase: 66.65% in 2022
Maximum annual decrease: -57.04% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.17 | -57.04% |
| 2022 | 28.33 | 66.65% |
| 2021 | 17 | 36.44% |
| 2020 | 12.46 | -14.48% |
| 2019 | 14.57 | N/A |
| 2018 | N/A | N/A |
| 2017 | 11.21 | -29.98% |
| 2016 | 16.01 | -23.69% |
| 2015 | 20.98 | -13.31% |
| 2014 | 24.2 | 27.5% |
CVS average PE ratio chart
Currently, CVS's PE ratio is lower than its 3, 5 and 10-year averages.
CVS PE vs peers
CVS's PE ratio stands lower than its peer stock WMT.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CVS CVS HEALTH Corp | 14.39 | $71.55B |
| WMT Walmart Inc | 45.8 | $710.5B |
| PETS Petmed Express Inc | N/A | $95.88M |
| WBA Walgreens Boots Alliance Inc | N/A | $7.18B |
Frequently asked questions
What is CVS HEALTH's PE ratio?
The price to earnings ratio for CVS stock is 14.46 as of Nov 21, 2024.
What is the 3-year average PE ratio for CVS HEALTH (CVS)?
The 3-year average price to earnings ratio for CVS stock is 19.13.
What is the 5-year average PE ratio for CVS HEALTH (CVS)?
The 5-year average price to earnings ratio for CVS stock is 16.53.
What is the highest PE ratio for CVS?
Over the last ten years, the quarterly PE ratio reached its highest level at 37.11 in the Sep 2022 quarter.
How does the current PE ratio for CVS compare to its historical average?
CVS's current price to earnings ratio is 19% below its 10-year historical average.
How is CVS's PE ratio calculated (CVS HEALTH PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), CVS HEALTH's share price is $57.1. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.95. Therefore, CVS HEALTH's PE ratio for today is 14.46. PE RATIO(14.46) = STOCK PRICE($57.1) / TTM EPS($3.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.