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CVS CVS HEALTH PE ratio, current and historical analysis

As of May 21, 2024, the CVS stock has a PE ratio of 10.04. The calculation is based on the latest EPS of $5.71 and the stock price of $57.32 per share. A decrease of 39% has been observed in the PE ratio compared to its average of 16.6 of the last four quarters.

CVS PE ratio history

How has CVS's PE ratio performed in the past

The mean historical PE ratio of CVS HEALTH over the last ten years is 18.19. The current 10.04 P/E ratio is 45% 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.

Average
18.19
Median
16.6
Minimum
9.53
Maximum
37.11

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

What is the average PE ratio of CVS for the past years

Currently, CVS's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
19.43
5-year avg
16.92
10-year avg
18.19
15-year avg
17.15

CVS PE vs peers

What is CVS's PE ratio compared to its peers

CVS's PE ratio stands lower than its peer stock WMT.

Stock name PE ratio Market cap
CVS CVS HEALTH Corp 10.04 $71.96B
WMT Walmart Inc 33.93 $524.98B
PETS Petmed Express Inc N/A $90.94M
WBA Walgreens Boots Alliance Inc N/A $14.39B

Frequently asked questions

What is CVS HEALTH's PE ratio?

The price to earnings ratio for CVS stock is 10.04 as of May 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 19.43.

What is the 5-year average PE ratio for CVS HEALTH (CVS)?

The 5-year average price to earnings ratio for CVS stock is 16.92.

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 45% 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 (May 21, 2024), CVS HEALTH's share price is $57.32. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.71. Therefore, CVS HEALTH's PE ratio for today is 10.04. PE RATIO(10.04) = STOCK PRICE($57.32) / TTM EPS($5.71)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.