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CVS Health (FRA:CVS0) Shiller PE Ratio : 10.34 (As of Sep. 22, 2024)


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What is CVS Health Shiller PE Ratio?

As of today (2024-09-22), CVS Health's current share price is €9.10. CVS Health's E10 for the quarter that ended in Jun. 2024 was €0.88. CVS Health's Shiller PE Ratio for today is 10.34.

The historical rank and industry rank for CVS Health's Shiller PE Ratio or its related term are showing as below:

FRA:CVS0' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.17   Med: 18.66   Max: 38.92
Current: 10.47

During the past years, CVS Health's highest Shiller PE Ratio was 38.92. The lowest was 10.17. And the median was 18.66.

FRA:CVS0's Shiller PE Ratio is ranked better than
66.67% of 12 companies
in the Healthcare Plans industry
Industry Median: 15.635 vs FRA:CVS0: 10.47

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

CVS Health's adjusted earnings per share data for the three months ended in Jun. 2024 was €0.238. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.88 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVS Health Shiller PE Ratio Historical Data

The historical data trend for CVS Health's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CVS Health Shiller PE Ratio Chart

CVS Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.93 16.14 21.39 18.37 14.63

CVS Health Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.02 12.94 14.63 14.61 10.75

Competitive Comparison of CVS Health's Shiller PE Ratio

For the Healthcare Plans subindustry, CVS Health's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CVS Health's Shiller PE Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, CVS Health's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CVS Health's Shiller PE Ratio falls into.



CVS Health Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

CVS Health's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.10/0.88
=10.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CVS Health's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, CVS Health's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.238/132.5538*132.5538
=0.238

Current CPI (Jun. 2024) = 132.5538.

CVS Health Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.114 100.428 0.150
201412 0.168 99.070 0.225
201503 0.180 99.621 0.240
201506 0.182 100.684 0.240
201509 0.180 100.392 0.238
201512 0.224 99.792 0.298
201603 0.170 100.470 0.224
201606 0.139 101.688 0.181
201609 0.232 101.861 0.302
201612 0.274 101.863 0.357
201703 0.157 102.862 0.202
201706 0.173 103.349 0.222
201709 0.192 104.136 0.244
201712 0.495 104.011 0.631
201803 0.145 105.290 0.183
201806 -0.393 106.317 -0.490
201809 0.212 106.507 0.264
201812 -0.059 105.998 -0.074
201903 0.176 107.251 0.218
201906 0.240 108.070 0.294
201909 0.193 108.329 0.236
201912 0.218 108.420 0.267
202003 0.252 108.902 0.307
202006 0.365 108.767 0.445
202009 0.144 109.815 0.174
202012 0.111 109.897 0.134
202103 0.257 111.754 0.305
202106 0.317 114.631 0.367
202109 0.186 115.734 0.213
202112 0.158 117.630 0.178
202203 0.293 121.301 0.320
202206 0.394 125.017 0.418
202209 -0.476 125.227 -0.504
202212 0.301 125.222 0.319
202303 0.281 127.348 0.292
202306 0.249 128.729 0.256
202309 0.299 129.860 0.305
202312 0.264 129.419 0.270
202403 0.147 131.776 0.148
202406 0.238 132.554 0.238

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


CVS Health  (FRA:CVS0) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


CVS Health Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of CVS Health's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CVS Health Business Description

Address
One CVS Drive, Woonsocket, RI, USA, 02895
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.

CVS Health Headlines

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