What is the price-to-earnings ratio of CVS Health?
The price-earnings ratio of CVS Health is currently 8.2.
CVS Health P/E 2024
CVS Health P/E
8.2
CVS Health Dividend yield
Ticker
CVS
ISIN
US1266501006
WKN
859034
As of Apr 29, 2024, CVS Health's P/E ratio was 8.2, a -23% change from the 10.65 P/E ratio recorded in the previous year.
The CVS Health P/E history
CVS Health Aktienanalyse
What does CVS Health do?
CVS Health Corp is an American company operating in the healthcare sector. It was founded in 1963 as Consumer Value Stores and is headquartered in Woonsocket, Rhode Island. The company has experienced significant expansion since its founding and is now one of the largest pharmacy chains in the USA. It operates more than 10,000 stores in the USA and has also expanded internationally in recent years. The business model of CVS Health Corp is based on various divisions under one roof. The core division of the company is the CVS Pharmacy chain, which offers a wide range of prescription and over-the-counter medications. The company focuses on a broad customer base and operates pharmacies in cities, suburbs, and rural areas. Additionally, the company places a special emphasis on developing innovative products and services to improve the well-being of its customers. In addition to the pharmacy chain, CVS Health Corp also operates the CVS Caremark division, which specializes in providing medications for businesses. The company offers special programs to improve access to medications for employees and reduce costs for businesses. The division also offers consultation to improve employee healthcare and lower healthcare costs. Other divisions of CVS Health Corp include MinuteClinic and Long-Term Care Pharmacy. MinuteClinic is an outpatient medical facility found in many CVS pharmacies. Here, customers can receive medical advice and treatment without having to endure long wait times. Long-Term Care Pharmacy provides specialized care services for patients in long-term care facilities and ensures that prescribed medications are administered effectively and safely. To expand its offerings for customers, CVS Health Corp also provides online services. Through the company's website, customers can order medications, manage their prescriptions, and receive information on various health topics. By utilizing technology, CVS Health Corp aims to provide its customers with even better healthcare and simplify the medical treatment process. CVS Health Corp also takes a leading role in environmental protection. The company has set a goal to reduce its CO2 emissions by 50% by the year 2020. Additionally, the company has developed a medication disposal program to reduce waste and minimize the environmental harm caused by medications. Overall, CVS Health Corp has undergone impressive development in recent years. With its wide range of products and innovative services, the company has established itself as a major player in the healthcare industry. And by focusing on sustainability and environmental protection, it demonstrates its commitment to social responsibility. CVS Health ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering CVS Health's P/E Ratio
The Price to Earnings (P/E) Ratio of CVS Health is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing CVS Health's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of CVS Health is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in CVS Health’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about CVS Health Stock
How has the price-earnings ratio of CVS Health changed compared to last year?
The price-to-earnings ratio of CVS Health has increased by -23% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of CVS Health high compared to other companies?
Yes, the price-to-earnings ratio of CVS Health is high compared to other companies.
How does an increase in the price-earnings ratio of CVS Health affect the company?
An increase in the price-earnings ratio of CVS Health would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of CVS Health affect the company?
A decrease in the price-earnings ratio of CVS Health would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of CVS Health?
Some factors that influence the price-earnings ratio of CVS Health are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does CVS Health pay?
Over the past 12 months, CVS Health paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, CVS Health is expected to pay a dividend of 2.49 USD.
What is the dividend yield of CVS Health?
The current dividend yield of CVS Health is .
When does CVS Health pay dividends?
CVS Health pays a quarterly dividend. This is distributed in the months of August, November, February, May.
How secure is the dividend of CVS Health?
CVS Health paid dividends every year for the past 26 years.
What is the dividend of CVS Health?
For the upcoming 12 months, dividends amounting to 2.49 USD are expected. This corresponds to a dividend yield of 3.7 %.
In which sector is CVS Health located?
CVS Health is assigned to the 'Health' sector.
Wann musste ich die Aktien von CVS Health kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CVS Health from 5/1/2024 amounting to 0.665 USD, you needed to have the stock in your portfolio before the ex-date on 4/19/2024.
When did CVS Health pay the last dividend?
The last dividend was paid out on 5/1/2024.
What was the dividend of CVS Health in the year 2023?
In the year 2023, CVS Health distributed 2.2 USD as dividends.
In which currency does CVS Health pay out the dividend?
The dividends of CVS Health are distributed in USD.
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Andere Kennzahlen von CVS Health
Our stock analysis for CVS Health Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CVS Health Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
