CVS Health Corp P/B Ratio
Data as of August 04, 2026
P/B Ratio
1.78
Stock Price
$105.37
Book Value/Share
$59.18
Sector
Health Care
How It's Calculated
1.78 = $105.37 ÷ $59.18
What This Means
CVS Health Corp's P/B ratio of 1.78 is between 1 and 3. This descriptive range does not establish fair value because economically comparable P/B levels vary by sector, profitability, leverage, accounting policy, and asset composition.
About CVS Health Corp
CVS Health Corp (CVS) operates in the Health Care sector, specifically in Health Care. With a market capitalization of about $133.25B, it ranks as a large-cap stock — a major established company.
Shares recently traded near $105.37, within a 52-week range of $61.19 to $110.68 (-4.8% from the high, +72.2% from the low). Beta of 0.59 indicates relatively lower volatility versus the market.
Trailing profit margin is about 72.0%, signaling a strong profit margin relative to many peers.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For CVS Health Corp, P/B is especially useful when earnings are volatile or temporarily depressed. In Health Care, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Health Care names on our S&P 100 coverage, CVS Health Corp's P/B ratio of 1.78 can be compared with peers such as UNH (4.00), ABT (3.57), MDT (2.24). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Health Care stocks.
Key Takeaways
- CVS is grouped in the Health Care sector for peer comparisons.
- Recent beta of 0.59 suggests lower-than-market price sensitivity.
- Trailing profit margin of 72.0% provides context for how much earnings support the headline multiple.
Related Tools & Guides
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Frequently Asked Questions
What does CVS's price-to-book ratio indicate?
P/B compares share price to book value per share. CVS Health Corp's P/B of 1.78 reflects how the market prices net assets — especially relevant for asset-heavy Health Care business models.
Is 1.78 above or below book value?
A P/B above 1.0 (1.78) means the market values CVS above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Health Care?
Peer P/B levels in Health Care (e.g. UNH (4.00), ABT (3.57), MDT (2.24)) provide context; asset-light vs asset-heavy models differ materially.
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