CVS

Stock

CVS Health Corporation

One email when a drop — in price or in valuation — is historically rare for CVS. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

CVS Health Corporation is 15.9% off its high — deeper than its 5.3% average pullback, but it has been through 210 drawdowns before. Not historically significant yet — we'll say so if that changes.

Valuation is notable too — P/S Severity Score 4.1, below its typical range.

Price $93.02 · as of Aug 21, 2026All-time high $110.60Drawdown -15.9%Severity Score™ 3.1Is the broader market down too?
🟡

Elevated

Current Drawdown

-15.9%

Days in Drawdown

23

Avg Max Drawdown

5.3%

Avg Length

68

Drawdown Severity Score™

3.1

CVS - Price & High Water Mark

CVS - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of August 22, 2026 · updated daily

Where today's valuation sits within CVS's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

0.29xSeverity Score 4.1 · Below its typical range
Low: 0.15xMedian: 0.47xHigh: 1.1x

CVS Health Corporation has been cheaper on this measure only about 16% of the time in 20 years of daily history.

74.3% below its highest Price to Sales reading · high date October 29, 2007

Price to Sales history

EV to EBITDA

14.4xSeverity Score 0.0 · In or above its typical range
Low: 6.2xMedian: 9.9xHigh: 20.7x

CVS Health Corporation has been cheaper on this measure only about 90% of the time in 20 years of daily history.

30.6% below its highest EV to EBITDA reading · high date April 29, 2026

EV to EBITDA history · log scale

How we measure valuation

CVS Health Corporation (CVS) Analysis: Current Drawdown Insights

CVS Health Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-21, the stock is trading at $93.02, which represents a 15.9% decline from its all-time high of $110.60. This drawdown has persisted for 23 days.

Based on its full tracked price history, CVS Health Corporation typically experiences drawdowns averaging 5.3% in depth, with an average duration of 68 days. CVS Health Corporation has gone through 210 total drawdown events in its tracked history. The largest drawdown on record for CVS Health Corporation was 64.1%, beginning in 2001. The longest drawdown duration on record was 2289 days.

The Drawdown Severity Score™ for CVS Health Corporation currently stands at 3.10. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing CVS Health Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 210 tracked pullbacks (68 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-07-29Ongoing23 days-15.9%$110.60$93.02n/a
2026-06-262026-07-016 days-1.2%$104.66$103.45$104.81
2026-06-152026-06-2511 days-3.6%$101.96$98.32$104.66
2026-05-142026-06-1129 days-8.8%$98.11$89.50$100.48
2022-02-092026-05-131554 days-56.8%$97.16$41.98$98.11
2022-01-312022-02-078 days-2.7%$95.79$93.16$95.92
2022-01-182022-01-2710 days-3.9%$92.62$89.03$93.62
2022-01-122022-01-143 days-0.7%$92.47$91.86$92.62
2022-01-062022-01-116 days-3.0%$92.27$89.46$92.47
2021-12-302022-01-035 days-0.5%$90.43$89.96$90.83
2021-12-172021-12-237 days-0.9%$88.26$87.48$88.34
2021-12-142021-12-152 days-0.1%$86.24$86.14$87.68
2021-11-042021-12-0936 days-7.8%$84.01$77.42$84.86
2015-07-302021-11-032289 days-50.1%$83.88$41.86$84.01
2015-07-232015-07-286 days-1.1%$82.06$81.16$82.54
2015-07-212015-07-222 days-0.5%$81.80$81.38$82.06
2015-07-172015-07-204 days-0.4%$81.47$81.18$81.80
2015-06-242015-07-1017 days-2.1%$78.47$76.79$79.19
2015-03-242015-06-1887 days-5.2%$76.80$72.78$77.43
2015-03-172015-03-237 days-1.3%$76.67$75.67$76.80
2015-03-032015-03-1613 days-2.6%$76.53$74.57$76.67
2015-02-272015-03-024 days-0.3%$76.51$76.29$76.53
2015-02-192015-02-268 days-1.4%$76.46$75.37$76.51
2015-02-132015-02-175 days-0.4%$75.65$75.38$76.06
2015-01-272015-02-1015 days-2.8%$74.19$72.10$74.68
2015-01-202015-01-212 days-0.0%$72.27$72.25$73.08
2014-12-292015-01-1619 days-4.2%$71.91$68.92$72.27
2014-12-012014-12-1616 days-2.4%$66.87$65.24$67.56
2014-11-252014-11-262 days-0.6%$66.51$66.08$66.52
2014-11-142014-11-2411 days-1.1%$65.97$65.23$66.51
2014-11-122014-11-132 days-0.5%$65.70$65.35$65.97
2014-11-072014-11-104 days-0.1%$64.72$64.69$65.28
2014-11-042014-11-052 days-0.8%$63.03$62.56$64.04
2014-10-292014-10-302 days-0.0%$62.36$62.35$62.61
2014-10-092014-10-2113 days-4.5%$60.19$57.49$60.69
2014-09-182014-10-0821 days-3.8%$59.99$57.73$60.19
2014-09-082014-09-169 days-1.3%$59.55$58.77$59.97
2014-09-042014-09-052 days-0.1%$58.62$58.58$59.55
2014-08-212014-09-0213 days-0.8%$58.07$57.61$58.16
2014-08-152014-08-195 days-0.5%$57.84$57.56$58.01
2014-07-282014-08-1418 days-3.8%$57.71$55.52$57.84
2014-06-092014-07-2446 days-4.5%$57.36$54.78$57.55
2014-06-022014-06-054 days-0.8%$56.93$56.48$57.14
2014-05-232014-05-286 days-0.1%$56.12$56.05$56.15
2014-05-132014-05-2210 days-1.6%$55.84$54.92$56.12
2014-05-082014-05-092 days-0.1%$55.17$55.14$55.44
2014-03-272014-05-0742 days-3.6%$54.53$52.56$55.17
2014-03-242014-03-252 days-0.8%$54.27$53.84$54.27
2014-03-182014-03-214 days-1.1%$53.85$53.23$54.27
2014-03-112014-03-177 days-1.5%$53.27$52.50$53.85
2014-03-032014-03-053 days-0.8%$52.96$52.56$52.99
2008-06-062012-01-171321 days-45.3%$29.70$16.26$29.77
2007-11-142008-05-14182 days-15.9%$28.35$23.85$28.40
2006-09-132007-04-24224 days-24.3%$23.94$18.13$24.56
2006-04-072006-07-1095 days-11.3%$20.76$18.42$20.82
2005-08-032006-04-06247 days-21.9%$20.70$16.17$20.76
2001-03-092005-07-081582 days-64.1%$19.93$7.16$20.02
2001-01-022001-02-1242 days-14.9%$19.21$16.35$19.25
1999-02-252000-11-09624 days-50.1%$17.92$8.94$18.29
1998-12-311999-02-2355 days-14.0%$17.66$15.18$17.70
1998-08-271998-10-1651 days-22.0%$14.77$11.52$14.77
1998-04-071998-07-0691 days-15.8%$12.53$10.56$12.79
1997-12-021998-02-0667 days-13.5%$10.87$9.40$11.14
1992-12-241996-11-221430 days-42.9%$6.51$3.72$6.52
1990-07-161992-11-27866 days-41.5%$6.38$3.73$6.42
1989-09-051990-06-12281 days-20.6%$5.77$4.58$5.80
1987-08-141989-01-27533 days-45.1%$4.25$2.33$4.27
1987-04-061987-07-15101 days-19.1%$3.84$3.11$3.91
1986-05-301987-02-26273 days-24.9%$3.54$2.66$3.56

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

CVS Health Corporation (CVS) is trading at $93.02 as of Aug 21, 2026. It is 15.9% below its high of $110.60. The drawdown has lasted 23 days. Severity score: 3.1 (Elevated).

CVS Price History and Drawdown Data

Latest price

$93.02

High-water mark

$110.60

Current drawdown

-15.9%

Days in drawdown

23

This CVS page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior CVS Health Corporation drawdowns.

What History Says About CVS

CVS Health Corporation has dropped 25%+ from its high 8 times in its tracked history. These events lasted an average of 1275 days with an average max drop of -49.5%.

The current drawdown of -15.9% has lasted 23 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Mar 2001 to Jul 2005-64.1%1582 days
Feb 2022 to May 2026-56.8%1554 days
Feb 1999 to Nov 2000-50.1%624 days
Jul 2015 to Nov 2021-50.1%2289 days
Jun 2008 to Jan 2012-45.3%1321 days
Aug 1987 to Jan 1989-45.1%533 days

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