The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Price to Book Analysis
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Based on latest financial disclosure the price to book indicator of CVS Health Corporation is roughly 1.71 times. This is 89.83% lower than that of the Healthcare sector, and significantly higher than that of Healthcare Services industry, The Price to Book for all stocks is 88.16% higher than the company.
CVS Health Price to Book Comparison
CVS Health is rated below average in price to book category among related companies.