Price to Book Value (P/BV)
since 2005
Difficulty: Beginner
Calculation
CVS Health Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Total CVS Health shareholders' equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2005 | 3.00 | = | 30.57 | ÷ | 10.19 | 10.19 | = | 8,331 | ÷ | 817,412,000 |
| Dec 30, 2006 | 2.63 | = | 31.50 | ÷ | 11.98 | 11.98 | = | 9,918 | ÷ | 827,838,000 |
| Dec 29, 2007 | 1.85 | = | 40.48 | ÷ | 21.87 | 21.87 | = | 31,322 | ÷ | 1,431,879,000 |
| Dec 31, 2008 | 1.08 | = | 25.74 | ÷ | 23.75 | 23.75 | = | 34,574 | ÷ | 1,455,515,000 |
| Dec 31, 2009 | 1.31 | = | 33.75 | ÷ | 25.72 | 25.72 | = | 35,768 | ÷ | 1,390,515,000 |
| Dec 31, 2010 | 1.20 | = | 33.06 | ÷ | 27.55 | 27.55 | = | 37,700 | ÷ | 1,368,174,000 |
| Dec 31, 2011 | 1.52 | = | 44.27 | ÷ | 29.22 | 29.22 | = | 38,051 | ÷ | 1,302,378,570 |
| Dec 31, 2012 | 1.67 | = | 51.12 | ÷ | 30.62 | 30.62 | = | 37,704 | ÷ | 1,231,194,296 |
| Dec 31, 2013 | 2.14 | = | 68.77 | ÷ | 32.08 | 32.08 | = | 37,938 | ÷ | 1,182,427,156 |
| Dec 31, 2014 | 3.01 | = | 101.68 | ÷ | 33.73 | 33.73 | = | 37,958 | ÷ | 1,125,252,739 |
| Dec 31, 2015 | 2.67 | = | 90.51 | ÷ | 33.86 | 33.86 | = | 37,196 | ÷ | 1,098,490,835 |
| Dec 31, 2016 | 2.15 | = | 77.31 | ÷ | 35.91 | 35.91 | = | 36,830 | ÷ | 1,025,699,605 |
| Dec 31, 2017 | 1.88 | = | 69.79 | ÷ | 37.15 | 37.15 | = | 37,691 | ÷ | 1,014,532,157 |
1 USD $
2 Data adjusted for splits and stock dividends.
3 Close price on the filing date of CVS Health Corp.'s Annual Report.
Source: Based on data from CVS Health Corp. Annual Reports
Comparison to Competitors
CVS Health Corp., P/BV, long-term trends, comparison to competitors
| CVS Health Corp. | Walgreens Boots Alliance Inc. | |
|---|---|---|
| Dec 31, 2005 | 3.00 | 5.25 |
| Dec 30, 2006 | 2.63 | 4.33 |
| Dec 29, 2007 | 1.85 | 3.59 |
| Dec 31, 2008 | 1.08 | 1.94 |
| Dec 31, 2009 | 1.31 | 2.68 |
| Dec 31, 2010 | 1.20 | 2.20 |
| Dec 31, 2011 | 1.52 | 2.03 |
| Dec 31, 2012 | 1.67 | 1.85 |
| Dec 31, 2013 | 2.14 | 2.84 |
| Dec 31, 2014 | 3.01 | 2.80 |
| Dec 31, 2015 | 2.67 | 3.00 |
| Dec 31, 2016 | 2.15 | 2.94 |
| Dec 31, 2017 | 1.88 | 2.55 |
Source: Based on data from CVS Health Corp. Annual Reports
Comparison to Food & Drug Retailers Sector
CVS Health Corp., P/BV, long-term trends, comparison to Food & Drug Retailers sector
| CVS Health Corp. | Food & Drug Retailers | |
|---|---|---|
| Dec 31, 2005 | 3.00 | 4.16 |
| Dec 30, 2006 | 2.63 | 3.49 |
| Dec 29, 2007 | 1.85 | 2.31 |
| Dec 31, 2008 | 1.08 | 1.32 |
| Dec 31, 2009 | 1.31 | 1.70 |
| Dec 31, 2010 | 1.20 | 1.48 |
| Dec 31, 2011 | 1.52 | 1.66 |
| Dec 31, 2012 | 1.67 | 1.73 |
| Dec 31, 2013 | 2.14 | 2.38 |
| Dec 31, 2014 | 3.01 | 2.94 |
| Dec 31, 2015 | 2.67 | 2.82 |
| Dec 31, 2016 | 2.15 | 2.50 |
| Dec 31, 2017 | 1.88 | 2.16 |
Source: Based on data from CVS Health Corp. Annual Reports
Comparison to Consumer Services Industry
CVS Health Corp., P/BV, long-term trends, comparison to Consumer Services industry
| CVS Health Corp. | Consumer Services | |
|---|---|---|
| Dec 31, 2005 | 3.00 | 3.18 |
| Dec 30, 2006 | 2.63 | 3.16 |
| Dec 29, 2007 | 1.85 | 2.70 |
| Dec 31, 2008 | 1.08 | 2.17 |
| Dec 31, 2009 | 1.31 | 2.39 |
| Dec 31, 2010 | 1.20 | 2.68 |
| Dec 31, 2011 | 1.52 | 2.76 |
| Dec 31, 2012 | 1.67 | 3.31 |
| Dec 31, 2013 | 2.14 | 4.01 |
| Dec 31, 2014 | 3.01 | 4.41 |
| Dec 31, 2015 | 2.67 | 5.26 |
| Dec 31, 2016 | 2.15 | 5.14 |
| Dec 31, 2017 | 1.88 | 6.03 |
Source: Based on data from CVS Health Corp. Annual Reports