CVS Historical Financial Ratios

CVS Stock  USD 69.39  0.79  1.15%   
CVS Health is presently reporting on over 114 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0243, PTB Ratio of 1.26 or Days Sales Outstanding of 37.74 will help investors to properly organize and evaluate CVS Health Corp financial condition quickly.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

About CVS Financial Ratios Analysis

CVS Health CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate CVS Health investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on CVS financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across CVS Health history.

CVS Health Financial Ratios Chart

CVS Health Corp financial ratios usually calculated using numerical values taken directly from CVS Health financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about CVS Health. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, CVS Health's Inventory Turnover is comparatively stable compared to the past year. Net Income Per Share is likely to gain to 6.82 in 2024, whereas Dividend Yield is likely to drop 0.02 in 2024.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

Price To Sales Ratio

Price to Sales Ratio is figured by comparing CVS Health Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CVS Health sales, a figure that is much harder to manipulate than other CVS Health Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is CVS Health Corp dividend as a percentage of CVS Health stock price. CVS Health Corp dividend yield is a measure of CVS Health stock productivity, which can be interpreted as interest rate earned on an CVS Health investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most ratios from CVS Health's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into CVS Health Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
At this time, CVS Health's Inventory Turnover is comparatively stable compared to the past year. Net Income Per Share is likely to gain to 6.82 in 2024, whereas Dividend Yield is likely to drop 0.02 in 2024.
 2021 2023 2024 (projected)
Dividend Yield0.01930.03090.0243
Price To Sales Ratio0.470.280.27

CVS Health fundamentals Correlations

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0.46-0.540.6-0.45-0.56-0.5-0.59-0.39-0.530.60.12-0.39-0.210.310.41-0.58-0.49-0.380.65-0.110.72-0.510.50.570.69
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-0.130.04-0.40.220.230.19-0.130.230.34-0.4-0.260.18-0.110.270.38-0.680.650.41-0.02-0.470.180.64-0.76-0.750.19
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Click cells to compare fundamentals

CVS Health Account Relationship Matchups

CVS Health fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio0.350.380.330.470.280.27
Dividend Yield0.02690.02930.01930.02380.03090.0243
Ptb Ratio1.511.291.811.721.331.26
Days Sales Outstanding27.8929.5330.5330.8735.9437.74
Book Value Per Share49.0953.0156.9254.1359.562.48
Free Cash Flow Yield0.08230.09980.110.150.120.1
Invested Capital1.391.231.011.01.041.09
Operating Cash Flow Per Share9.8812.1213.8512.3310.4510.97
Stock Based Compensation To Revenue0.0017640.0014890.0016570.0013860.0016430.001561
Capex To Depreciation(0.75)(0.56)(0.55)(0.64)(0.69)(0.73)
Pb Ratio1.511.291.811.721.331.26
Ev To Sales0.70.620.690.560.480.52
Free Cash Flow Per Share7.9910.2611.9410.258.098.49
Roic(0.0129)0.05780.06640.06620.08480.066
Inventory Turnover12.0611.8813.5214.0516.8317.67
Net Income Per Share(0.57)5.15.486.073.296.82
Days Of Inventory On Hand30.2630.7327.025.9821.6920.6
Payables Turnover20.1319.7219.1418.0720.3611.45
Capex To Revenue(0.009569)(0.009069)(0.008627)(0.008457)(0.008472)(0.008895)
Cash Per Share6.198.299.511.988.919.36
Pocfratio7.727.525.647.457.5614.55
Interest Coverage3.954.795.277.115.175.43
Payout Ratio0.390.370.330.670.380.34
Capex To Operating Cash Flow(0.24)(0.23)(0.19)(0.15)(0.14)(0.17)
Pfcf Ratio9.36.668.649.099.7610.25
Days Payables Outstanding18.1318.5119.0720.217.9231.37
Income Quality1.942.212.313.881.60.97
Ev To Operating Cash Flow14.0110.511.111.1312.8616.81
Pe Ratio14.5712.4517.0128.3612.1611.55
Return On Tangible Assets0.06050.05980.06410.03440.06460.0966
Ev To Free Cash Flow17.3212.4112.8713.3916.6117.44
Earnings Yield0.06860.08030.05880.03530.08220.0418
Net Debt To E B I T D A5.064.163.382.823.743.92
Current Ratio1.030.940.910.880.860.81
Tangible Book Value Per Share(37.43)(31.32)(24.84)(24.08)(34.14)(32.43)
Receivables Turnover13.0912.3611.9611.8210.169.65
Graham Number75.0580.8888.1463.2693.2497.9

CVS Health Investors Sentiment

The influence of CVS Health's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CVS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CVS Health's public news can be used to forecast risks associated with an investment in CVS. The trend in average sentiment can be used to explain how an investor holding CVS can time the market purely based on public headlines and social activities around CVS Health Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CVS Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CVS Health's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CVS Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CVS Health.

CVS Health Implied Volatility

    
  57.45  
CVS Health's implied volatility exposes the market's sentiment of CVS Health Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CVS Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CVS Health stock will not fluctuate a lot when CVS Health's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CVS Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CVS Health's short interest history, or implied volatility extrapolated from CVS Health options trading.

Pair Trading with CVS Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVS Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVS Health will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CVS Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVS Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVS Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVS Health Corp to buy it.
The correlation of CVS Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVS Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVS Health Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVS Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CVS Health Corp is a strong investment it is important to analyze CVS Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVS Health's future performance. For an informed investment choice regarding CVS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.
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Is CVS Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVS Health. If investors know CVS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVS Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
2.42
Earnings Share
6.47
Revenue Per Share
277.528
Quarterly Revenue Growth
0.12
The market value of CVS Health Corp is measured differently than its book value, which is the value of CVS that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Health's value that differs from its market value or its book value, called intrinsic value, which is CVS Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVS Health's market value can be influenced by many factors that don't directly affect CVS Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVS Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVS Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.