• CVS Health average price/book ratio for 2024 was 1.1, a 8.33% decline from 2023.
• CVS Health average price/book ratio for 2023 was 1.2, a 24.05% decline from 2022.
• CVS Health average price/book ratio for 2022 was 1.58, a 12.86% decline from 2021.

Price/book ratio can be defined as