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CVS Health Price to Book Value Trend from 2010 to 2020

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CVS -- USA Stock  

Fiscal Quarter End: March 31, 2020  

CVS Health Price to Book Value yearly trend continues to be relatively stable with very little volatility. Price to Book Value is likely to grow to 1.50 this year. During the period from 2010 to 2020, CVS Health Price to Book Value destribution of quarterly values had range of  1.77 from its regression line and mean deviation of  0.54. CVS Health Income Tax Expense is relatively stable at the moment as compared to the last year. CVS Health reported last year Income Tax Expense of 2.3 Billion. Check CVS Health fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 124.1 B, Cost of Revenue of 165.4 B or Earning Before Interest and Taxes EBIT of 6.8 B, as well as many exotic indicators such as Interest Coverage of 1.82, Long Term Debt to Equity of 1.19 or Calculated Tax Rate of 138. This can be a perfect complement to check CVS Health Valuation or Volatility. It can also complement various CVS Health Technical models. Continue to the analysis of CVS Health Correlation with competitors.
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CVS Health Price to Book Value Marginal Breakdown

Showing smoothed Price to Book Value of CVS Health Corporation with missing and latest data points interpolated. Measures the ratio between market capitalization and shareholders equity usd.
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1.50 

          10 Years Trend
Decreasing
Very volatile
 Price to Book Value 
    
  Timeline 

CVS Health Price to Book Value Regression Statistics

Arithmetic Mean 1.87
Geometric Mean 1.77
Coefficient Of Variation 34.32
Mean Deviation 0.54
Median 1.60
Standard Deviation 0.64
Sample Variance 0.41
Range 1.77
R-Value(0.08)
Mean Square Error 0.45
R-Squared 0.006638
Significance 0.81
Slope(0.015736)
Total Sum of Squares 4.10

CVS Health Price to Book Value Over Time

2018  1.15 
2019  1.32 
2020  1.50 

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CVS Health Fundamental Drivers

CVS Health Corporation Fundamental Market Drivers

Short Percent Of Float1.44%
Forward Price Earnings9.40
Shares Short Prior Month20.25M
Average Daily Volume Last 10 Day8.84M
Average Daily Volume In Three Month6.53M
Date Short InterestJanuary 31, 2020
Fifty Day Average72.46
Two Hundred Day Average67.86

CVS Health Upcoming Events

CVS Health Upcoming Company Events

Upcoming Quarterly Earning ReportMay 6, 2020
Next Earnings ReportAugust 5, 2020
Next Fiscal Quarter EndMarch 31, 2020
Next Fiscal Year EndFebruary 10, 2021
Last Quarter Report DateDecember 31, 2019
Last Earning Anouncement DateMarch 31, 2019
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