Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Walgreens Boots Alliance Inc., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30).
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Walgreens Boots Alliance Inc. P/E ratio decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level. |
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Walgreens Boots Alliance Inc. P/OP ratio decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level. |
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Walgreens Boots Alliance Inc. P/S ratio decreased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Walgreens Boots Alliance Inc. P/BV ratio decreased from Q1 2020 to Q2 2020 but then slightly increased from Q2 2020 to Q3 2020. |
Price to Earnings (P/E)
Walgreens Boots Alliance Inc., historical P/E calculation (quarterly data)
| May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 866,534,089 | 877,220,195 | 885,861,624 | 892,541,146 | 903,143,463 | 914,298,978 | 943,444,736 | 949,164,514 | 992,411,822 | 991,665,577 | 990,668,837 | 1,009,549,218 | 1,070,096,486 | 1,080,950,894 | 1,079,409,628 | 1,083,282,661 | 1,082,317,487 | 1,080,245,720 | 1,078,746,871 | 1,088,793,571 | 1,092,282,712 | 1,090,756,509 | 945,642,298 | 950,386,889 | 956,560,612 | 954,331,100 | 950,171,285 | ||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||||||
| Net earnings (loss) attributable to Walgreens Boots Alliance, Inc. (in millions) | (1,708) | 946) | 845) | 678) | 1,025) | 1,156) | 1,123) | 1,512) | 1,342) | 1,349) | 821) | 802) | 1,162) | 1,060) | 1,054) | 1,030) | 1,103) | 930) | 1,110) | 26) | 1,302) | 2,042) | 850) | (239) | 722) | 754) | 695) | ||||||||
| Earnings per share (EPS)2 | 0.88 | 3.98 | 4.18 | 4.46 | 5.33 | 5.61 | 5.65 | 5.29 | 4.35 | 4.17 | 3.88 | 4.04 | 4.02 | 3.93 | 3.81 | 3.85 | 2.93 | 3.12 | 4.15 | 3.88 | 3.62 | 3.09 | 2.21 | 2.03 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 39.01 | 40.32 | 55.83 | 55.80 | 54.52 | 55.36 | 69.61 | 70.90 | 59.70 | 67.59 | 71.60 | 69.36 | 78.37 | 81.17 | 83.03 | 81.02 | 81.55 | 83.36 | 81.17 | 84.95 | 89.55 | 92.62 | 76.05 | 60.20 | 73.78 | 64.35 | 57.43 | ||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||||||
| P/E ratio4 | 44.42 | 10.12 | 13.35 | 12.51 | 10.22 | 9.86 | 12.33 | 13.39 | 13.73 | 16.21 | 18.45 | 17.17 | 19.48 | 20.66 | 21.77 | 21.03 | 27.85 | 26.74 | 19.55 | 21.92 | 24.73 | 29.93 | 34.46 | 29.61 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | |||||||||||||||||||||||||||||||||||
| Costco Wholesale Corp. | 36.98 | 32.71 | 34.68 | 35.76 | 30.65 | 30.15 | 26.63 | 30.51 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Target Corp. | 19.66 | 17.35 | 13.68 | 13.56 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Walmart Inc. | 23.34 | 25.39 | 36.14 | 41.79 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30).
1 Data adjusted for splits and stock dividends.
2 Q3 2020 Calculation
EPS
= (Net earnings (loss) attributable to Walgreens Boots Alliance, Inc.Q3 2020
+ Net earnings (loss) attributable to Walgreens Boots Alliance, Inc.Q2 2020
+ Net earnings (loss) attributable to Walgreens Boots Alliance, Inc.Q1 2020
+ Net earnings (loss) attributable to Walgreens Boots Alliance, Inc.Q4 2019)
÷ No. shares of common stock outstanding
= (-1,708,000,000 + 946,000,000 + 845,000,000 + 678,000,000)
÷ 866,534,089 = 0.88
3 Closing price as at the filing date of Walgreens Boots Alliance Inc. Quarterly or Annual Report.
4 Q3 2020 Calculation
P/E ratio = Share price ÷ EPS
= 39.01 ÷ 0.88 = 44.42
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Walgreens Boots Alliance Inc. P/E ratio decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level. |
Price to Operating Profit (P/OP)
Walgreens Boots Alliance Inc., historical P/OP calculation (quarterly data)
| May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 866,534,089 | 877,220,195 | 885,861,624 | 892,541,146 | 903,143,463 | 914,298,978 | 943,444,736 | 949,164,514 | 992,411,822 | 991,665,577 | 990,668,837 | 1,009,549,218 | 1,070,096,486 | 1,080,950,894 | 1,079,409,628 | 1,083,282,661 | 1,082,317,487 | 1,080,245,720 | 1,078,746,871 | 1,088,793,571 | 1,092,282,712 | 1,090,756,509 | 945,642,298 | 950,386,889 | 956,560,612 | 954,331,100 | 950,171,285 | ||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||||||
| Operating income (loss) (in millions) | (1,584) | 1,233) | 1,013) | 878) | 1,203) | 1,517) | 1,400) | 1,511) | 1,601) | 1,980) | 1,322) | 1,114) | 1,517) | 1,479) | 1,447) | 1,140) | 1,533) | 1,860) | 1,468) | 836) | 1,401) | 1,377) | 1,054) | 969) | 1,026) | 1,275) | 924) | ||||||||
| Operating profit per share2 | 1.78 | 4.93 | 5.21 | 5.60 | 6.23 | 6.59 | 6.88 | 6.76 | 6.06 | 5.98 | 5.48 | 5.50 | 5.22 | 5.18 | 5.54 | 5.54 | 5.26 | 5.15 | 4.71 | 4.29 | 4.40 | 4.06 | 4.57 | 4.41 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 39.01 | 40.32 | 55.83 | 55.80 | 54.52 | 55.36 | 69.61 | 70.90 | 59.70 | 67.59 | 71.60 | 69.36 | 78.37 | 81.17 | 83.03 | 81.02 | 81.55 | 83.36 | 81.17 | 84.95 | 89.55 | 92.62 | 76.05 | 60.20 | 73.78 | 64.35 | 57.43 | ||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||||||
| P/OP ratio4 | 21.95 | 8.17 | 10.73 | 9.96 | 8.74 | 8.40 | 10.12 | 10.49 | 9.85 | 11.30 | 13.06 | 12.60 | 15.02 | 15.67 | 14.99 | 14.63 | 15.49 | 16.18 | 17.23 | 19.81 | 20.37 | 22.83 | 16.63 | 13.64 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | |||||||||||||||||||||||||||||||||||
| Costco Wholesale Corp. | 27.61 | 25.16 | 26.72 | 27.62 | 23.41 | 22.29 | 19.39 | 21.34 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Target Corp. | 13.94 | 12.44 | 9.80 | 9.69 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Walmart Inc. | 15.80 | 15.12 | 13.92 | 12.70 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30).
1 Data adjusted for splits and stock dividends.
2 Q3 2020 Calculation
Operating profit per share
= (Operating income (loss)Q3 2020
+ Operating income (loss)Q2 2020
+ Operating income (loss)Q1 2020
+ Operating income (loss)Q4 2019)
÷ No. shares of common stock outstanding
= (-1,584,000,000 + 1,233,000,000 + 1,013,000,000 + 878,000,000)
÷ 866,534,089 = 1.78
3 Closing price as at the filing date of Walgreens Boots Alliance Inc. Quarterly or Annual Report.
4 Q3 2020 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 39.01 ÷ 1.78 = 21.95
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Walgreens Boots Alliance Inc. P/OP ratio decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level. |
Price to Sales (P/S)
Walgreens Boots Alliance Inc., historical P/S calculation (quarterly data)
| May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 866,534,089 | 877,220,195 | 885,861,624 | 892,541,146 | 903,143,463 | 914,298,978 | 943,444,736 | 949,164,514 | 992,411,822 | 991,665,577 | 990,668,837 | 1,009,549,218 | 1,070,096,486 | 1,080,950,894 | 1,079,409,628 | 1,083,282,661 | 1,082,317,487 | 1,080,245,720 | 1,078,746,871 | 1,088,793,571 | 1,092,282,712 | 1,090,756,509 | 945,642,298 | 950,386,889 | 956,560,612 | 954,331,100 | 950,171,285 | ||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||||||
| Sales (in millions) | 34,631) | 35,820) | 34,339) | 33,954) | 34,591) | 34,528) | 33,793) | 33,442) | 34,334) | 33,021) | 30,740) | 30,149) | 30,118) | 29,446) | 28,501) | 28,636) | 29,498) | 30,184) | 29,033) | 28,522) | 28,795) | 26,573) | 19,554) | 19,057) | 19,401) | 19,605) | 18,329) | ||||||||
| Sales per share2 | 160.11 | 158.12 | 155.12 | 153.34 | 150.98 | 148.85 | 142.66 | 138.58 | 129.22 | 125.07 | 121.59 | 117.10 | 109.06 | 107.39 | 108.22 | 108.33 | 108.32 | 107.88 | 104.68 | 95.01 | 86.04 | 77.55 | 82.08 | 80.38 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 39.01 | 40.32 | 55.83 | 55.80 | 54.52 | 55.36 | 69.61 | 70.90 | 59.70 | 67.59 | 71.60 | 69.36 | 78.37 | 81.17 | 83.03 | 81.02 | 81.55 | 83.36 | 81.17 | 84.95 | 89.55 | 92.62 | 76.05 | 60.20 | 73.78 | 64.35 | 57.43 | ||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||||||
| P/S ratio4 | 0.24 | 0.25 | 0.36 | 0.36 | 0.36 | 0.37 | 0.49 | 0.51 | 0.46 | 0.54 | 0.59 | 0.59 | 0.72 | 0.76 | 0.77 | 0.75 | 0.75 | 0.77 | 0.78 | 0.89 | 1.04 | 1.19 | 0.93 | 0.75 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | |||||||||||||||||||||||||||||||||||
| Costco Wholesale Corp. | 0.87 | 0.80 | 0.86 | 0.88 | 0.76 | 0.72 | 0.61 | 0.69 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Target Corp. | 0.83 | 0.72 | 0.55 | 0.53 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Walmart Inc. | 0.65 | 0.63 | 0.59 | 0.55 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30).
1 Data adjusted for splits and stock dividends.
2 Q3 2020 Calculation
Sales per share
= (SalesQ3 2020
+ SalesQ2 2020
+ SalesQ1 2020
+ SalesQ4 2019)
÷ No. shares of common stock outstanding
= (34,631,000,000 + 35,820,000,000 + 34,339,000,000 + 33,954,000,000)
÷ 866,534,089 = 160.11
3 Closing price as at the filing date of Walgreens Boots Alliance Inc. Quarterly or Annual Report.
4 Q3 2020 Calculation
P/S ratio = Share price ÷ Sales per share
= 39.01 ÷ 160.11 = 0.24
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Walgreens Boots Alliance Inc. P/S ratio decreased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |
Price to Book Value (P/BV)
Walgreens Boots Alliance Inc., historical P/BV calculation (quarterly data)
| May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 866,534,089 | 877,220,195 | 885,861,624 | 892,541,146 | 903,143,463 | 914,298,978 | 943,444,736 | 949,164,514 | 992,411,822 | 991,665,577 | 990,668,837 | 1,009,549,218 | 1,070,096,486 | 1,080,950,894 | 1,079,409,628 | 1,083,282,661 | 1,082,317,487 | 1,080,245,720 | 1,078,746,871 | 1,088,793,571 | 1,092,282,712 | 1,090,756,509 | 945,642,298 | 950,386,889 | 956,560,612 | 954,331,100 | 950,171,285 | ||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||||||
| Total Walgreens Boots Alliance, Inc. shareholders’ equity (in millions) | 20,736) | 23,720) | 23,661) | 23,512) | 24,133) | 24,770) | 25,609) | 26,007) | 27,736) | 27,355) | 25,929) | 27,466) | 30,600) | 30,067) | 29,325) | 29,880) | 30,881) | 29,506) | 30,709) | 30,861) | 31,563) | 30,814) | 20,636) | 20,457) | 21,417) | 20,784) | 20,021) | ||||||||
| Book value per share (BVPS)2 | 23.93 | 27.04 | 26.71 | 26.34 | 26.72 | 27.09 | 27.14 | 27.40 | 27.95 | 27.58 | 26.17 | 27.21 | 28.60 | 27.82 | 27.17 | 27.58 | 28.53 | 27.31 | 28.47 | 28.34 | 28.90 | 28.25 | 21.82 | 21.52 | 22.39 | 21.78 | 21.07 | ||||||||
| Share price1, 3 | 39.01 | 40.32 | 55.83 | 55.80 | 54.52 | 55.36 | 69.61 | 70.90 | 59.70 | 67.59 | 71.60 | 69.36 | 78.37 | 81.17 | 83.03 | 81.02 | 81.55 | 83.36 | 81.17 | 84.95 | 89.55 | 92.62 | 76.05 | 60.20 | 73.78 | 64.35 | 57.43 | ||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||||||
| P/BV ratio4 | 1.63 | 1.49 | 2.09 | 2.12 | 2.04 | 2.04 | 2.56 | 2.59 | 2.14 | 2.45 | 2.74 | 2.55 | 2.74 | 2.92 | 3.06 | 2.94 | 2.86 | 3.05 | 2.85 | 3.00 | 3.10 | 3.28 | 3.48 | 2.80 | 3.30 | 2.95 | 2.73 | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | |||||||||||||||||||||||||||||||||||
| Costco Wholesale Corp. | 8.17 | 7.44 | 8.17 | 8.58 | 7.63 | 7.50 | 6.59 | 7.47 | 7.32 | 6.93 | 7.40 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Target Corp. | 5.53 | 4.62 | 3.71 | 3.52 | 3.36 | 4.08 | 3.43 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Walmart Inc. | 4.70 | 4.64 | 4.44 | 3.85 | 3.94 | 3.97 | 3.34 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30).
1 Data adjusted for splits and stock dividends.
2 Q3 2020 Calculation
BVPS = Total Walgreens Boots Alliance, Inc. shareholders’ equity ÷ No. shares of common stock outstanding
= 20,736,000,000 ÷ 866,534,089 = 23.93
3 Closing price as at the filing date of Walgreens Boots Alliance Inc. Quarterly or Annual Report.
4 Q3 2020 Calculation
P/BV ratio = Share price ÷ BVPS
= 39.01 ÷ 23.93 = 1.63
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Walgreens Boots Alliance Inc. P/BV ratio decreased from Q1 2020 to Q2 2020 but then slightly increased from Q2 2020 to Q3 2020. |