Price to Book Value (P/BV)
since 2005
Calculation
UnitedHealth Group Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Shareholders’ equity attributable to UnitedHealth Group1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2020 | 4.83 | = | 334.65 | ÷ | 69.28 | 69.28 | = | 65,491 | ÷ | 945,319,404 | |
| Dec 31, 2019 | 4.92 | = | 298.78 | ÷ | 60.74 | 60.74 | = | 57,616 | ÷ | 948,573,372 | |
| Dec 31, 2018 | 4.89 | = | 263.50 | ÷ | 53.88 | 53.88 | = | 51,696 | ÷ | 959,538,515 | |
| Dec 31, 2017 | 4.59 | = | 226.64 | ÷ | 49.37 | 49.37 | = | 47,776 | ÷ | 967,662,919 | |
| Dec 31, 2016 | 3.98 | = | 160.31 | ÷ | 40.24 | 40.24 | = | 38,274 | ÷ | 951,165,192 | |
| Dec 31, 2015 | 3.12 | = | 111.16 | ÷ | 35.59 | 35.59 | = | 33,830 | ÷ | 950,673,998 | |
| Dec 31, 2014 | 3.20 | = | 108.97 | ÷ | 34.03 | 34.03 | = | 32,454 | ÷ | 953,695,161 | |
| Dec 31, 2013 | 2.16 | = | 70.24 | ÷ | 32.50 | 32.50 | = | 32,149 | ÷ | 989,191,844 | |
| Dec 31, 2012 | 1.88 | = | 57.05 | ÷ | 30.42 | 30.42 | = | 31,178 | ÷ | 1,024,925,324 | |
| Dec 31, 2011 | 1.96 | = | 53.06 | ÷ | 27.07 | 27.07 | = | 28,292 | ÷ | 1,044,964,149 | |
| Dec 31, 2010 | 1.80 | = | 42.43 | ÷ | 23.61 | 23.61 | = | 25,825 | ÷ | 1,093,694,629 | |
| Dec 31, 2009 | 1.60 | = | 32.71 | ÷ | 20.39 | 20.39 | = | 23,606 | ÷ | 1,157,533,379 | |
| Dec 31, 2008 | 1.67 | = | 28.55 | ÷ | 17.09 | 17.09 | = | 20,780 | ÷ | 1,215,615,705 | |
| Dec 31, 2007 | 2.98 | = | 47.80 | ÷ | 16.03 | 16.03 | = | 20,063 | ÷ | 1,251,382,699 | |
| Dec 31, 2006 | 3.51 | = | 53.98 | ÷ | 15.37 | 15.37 | = | 20,810 | ÷ | 1,354,320,209 | |
| Dec 31, 2005 | 4.50 | = | 58.89 | ÷ | 13.07 | 13.07 | = | 17,733 | ÷ | 1,356,292,073 |
Based on: 10-K (filing date: 2021-03-01), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-12), 10-K (filing date: 2018-02-13), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-09), 10-K (filing date: 2015-02-10), 10-K (filing date: 2014-02-12), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-10), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-03-06), 10-K (filing date: 2006-02-24).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of UnitedHealth Group Inc.’s Annual Report.
Comparison to Competitors
UnitedHealth Group Inc., P/BV, long-term trends, comparison to competitors
| UnitedHealth Group Inc. | Becton, Dickinson & Co. | Boston Scientific Corp. | Danaher Corp. | Edwards Lifesciences Corp. | Intuitive Surgical Inc. | Medtronic PLC | Stryker Corp. | Thermo Fisher Scientific Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2020 | 4.83 | 2.78 | 3.58 | 3.93 | 11.97 | 9.53 | 2.48 | 7.05 | 5.15 |
| Dec 31, 2019 | 4.92 | 3.34 | 4.02 | 3.72 | 11.62 | 8.13 | 2.66 | 6.38 | 4.16 |
| Dec 31, 2018 | 4.89 | 3.09 | 6.33 | 2.80 | 11.76 | 8.96 | 2.31 | 5.74 | 3.75 |
| Dec 31, 2017 | 4.59 | 3.95 | 5.26 | 2.58 | 9.51 | 9.91 | 2.40 | 5.56 | 3.30 |
| Dec 31, 2016 | 3.98 | 4.69 | 4.96 | 2.56 | 7.28 | 4.73 | 2.25 | 4.82 | 2.86 |
| Dec 31, 2015 | 3.12 | 4.42 | 3.70 | 2.53 | 7.39 | 4.67 | 2.04 | 4.21 | 2.42 |
| Dec 31, 2014 | 3.20 | 5.37 | 3.49 | 2.63 | 6.62 | 5.55 | 3.27 | 4.11 | 2.51 |
| Dec 31, 2013 | 2.16 | 4.19 | 2.70 | 2.38 | 4.80 | 4.37 | 2.78 | 3.46 | 2.90 |
| Dec 31, 2012 | 1.88 | 3.66 | 1.46 | 2.23 | 6.63 | 6.43 | 2.23 | 2.82 | 1.72 |
| Dec 31, 2011 | 1.96 | 3.15 | 0.78 | 2.17 | 6.32 | 7.31 | 2.59 | 2.67 | 1.38 |
| Dec 31, 2010 | 1.80 | 3.31 | 1.00 | 2.39 | 7.46 | 6.34 | 2.68 | 3.44 | 1.41 |
| Dec 31, 2009 | 1.60 | 3.48 | 0.95 | 2.07 | 4.48 | 8.22 | 2.89 | 3.20 | 1.29 |
| Dec 31, 2008 | 1.67 | 3.13 | 0.80 | 1.69 | 3.39 | 3.55 | 5.03 | 2.94 | 1.02 |
| Dec 31, 2007 | 2.98 | 4.67 | 1.26 | 2.62 | 2.97 | 12.99 | 5.31 | 5.05 | 1.62 |
| Dec 31, 2006 | 3.51 | 4.61 | 1.57 | 3.32 | 3.85 | 7.09 | 5.78 | 6.04 | 1.38 |
| Dec 31, 2005 | 4.50 | 4.46 | 4.60 | 3.78 | 3.59 | 7.80 | 6.06 | 5.72 | 2.03 |
Based on: 10-K (filing date: 2021-03-01), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-12), 10-K (filing date: 2018-02-13), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-09), 10-K (filing date: 2015-02-10), 10-K (filing date: 2014-02-12), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-10), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-03-06), 10-K (filing date: 2006-02-24).
Comparison to Sector (Health Care Equipment & Services)
UnitedHealth Group Inc., P/BV, long-term trends, comparison to sector (health care equipment & services)
| UnitedHealth Group Inc. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2020 | 4.83 | 4.42 |
| Dec 31, 2019 | 4.92 | 4.28 |
| Dec 31, 2018 | 4.89 | 3.99 |
| Dec 31, 2017 | 4.59 | 3.79 |
| Dec 31, 2016 | 3.98 | 3.30 |
| Dec 31, 2015 | 3.12 | 2.83 |
| Dec 31, 2014 | 3.20 | 3.28 |
| Dec 31, 2013 | 2.16 | 2.73 |
| Dec 31, 2012 | 1.88 | 2.31 |
| Dec 31, 2011 | 1.96 | 2.18 |
| Dec 31, 2010 | 1.80 | 2.24 |
| Dec 31, 2009 | 1.60 | 2.08 |
| Dec 31, 2008 | 1.67 | 2.10 |
| Dec 31, 2007 | 2.98 | 3.03 |
| Dec 31, 2006 | 3.51 | 3.22 |
| Dec 31, 2005 | 4.50 | 4.73 |
Based on: 10-K (filing date: 2021-03-01), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-12), 10-K (filing date: 2018-02-13), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-09), 10-K (filing date: 2015-02-10), 10-K (filing date: 2014-02-12), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-10), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-03-06), 10-K (filing date: 2006-02-24).
Comparison to Industry (Health Care)
UnitedHealth Group Inc., P/BV, long-term trends, comparison to industry (health care)
| UnitedHealth Group Inc. | Health Care | |
|---|---|---|
| Dec 31, 2020 | 4.83 | 5.69 |
| Dec 31, 2019 | 4.92 | 5.44 |
| Dec 31, 2018 | 4.89 | 5.42 |
| Dec 31, 2017 | 4.59 | 4.83 |
| Dec 31, 2016 | 3.98 | 4.32 |
| Dec 31, 2015 | 3.12 | 3.85 |
| Dec 31, 2014 | 3.20 | 4.36 |
| Dec 31, 2013 | 2.16 | 3.73 |
| Dec 31, 2012 | 1.88 | 3.01 |
| Dec 31, 2011 | 1.96 | 2.59 |
| Dec 31, 2010 | 1.80 | 2.35 |
| Dec 31, 2009 | 1.60 | 2.44 |
| Dec 31, 2008 | 1.67 | 2.72 |
| Dec 31, 2007 | 2.98 | 3.53 |
| Dec 31, 2006 | 3.51 | 3.90 |
| Dec 31, 2005 | 4.50 | 4.22 |
Based on: 10-K (filing date: 2021-03-01), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-12), 10-K (filing date: 2018-02-13), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-09), 10-K (filing date: 2015-02-10), 10-K (filing date: 2014-02-12), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-10), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-03-06), 10-K (filing date: 2006-02-24).