Price to Book Value (P/BV)
since 2005
Calculation
UnitedHealth Group Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Shareholders’ equity attributable to UnitedHealth Group1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 28, 2024 | 5.18 | = | 498.28 | ÷ | 96.27 | 96.27 | = | 88,756 | ÷ | 921,934,109 | |
| Feb 24, 2023 | 5.81 | = | 484.33 | ÷ | 83.37 | 83.37 | = | 77,772 | ÷ | 932,846,602 | |
| Feb 15, 2022 | 6.27 | = | 478.23 | ÷ | 76.27 | 76.27 | = | 71,760 | ÷ | 940,899,146 | |
| Mar 1, 2021 | 4.83 | = | 334.65 | ÷ | 69.28 | 69.28 | = | 65,491 | ÷ | 945,319,404 | |
| Feb 14, 2020 | 4.92 | = | 298.78 | ÷ | 60.74 | 60.74 | = | 57,616 | ÷ | 948,573,372 | |
| Feb 12, 2019 | 4.89 | = | 263.50 | ÷ | 53.88 | 53.88 | = | 51,696 | ÷ | 959,538,515 | |
| Feb 13, 2018 | 4.59 | = | 226.64 | ÷ | 49.37 | 49.37 | = | 47,776 | ÷ | 967,662,919 | |
| Feb 8, 2017 | 3.98 | = | 160.31 | ÷ | 40.24 | 40.24 | = | 38,274 | ÷ | 951,165,192 | |
| Feb 9, 2016 | 3.12 | = | 111.16 | ÷ | 35.59 | 35.59 | = | 33,830 | ÷ | 950,673,998 | |
| Feb 10, 2015 | 3.20 | = | 108.97 | ÷ | 34.03 | 34.03 | = | 32,454 | ÷ | 953,695,161 | |
| Feb 12, 2014 | 2.16 | = | 70.24 | ÷ | 32.50 | 32.50 | = | 32,149 | ÷ | 989,191,844 | |
| Feb 7, 2013 | 1.88 | = | 57.05 | ÷ | 30.42 | 30.42 | = | 31,178 | ÷ | 1,024,925,324 | |
| Feb 9, 2012 | 1.96 | = | 53.06 | ÷ | 27.07 | 27.07 | = | 28,292 | ÷ | 1,044,964,149 | |
| Feb 10, 2011 | 1.80 | = | 42.43 | ÷ | 23.61 | 23.61 | = | 25,825 | ÷ | 1,093,694,629 | |
| Feb 10, 2010 | 1.60 | = | 32.71 | ÷ | 20.39 | 20.39 | = | 23,606 | ÷ | 1,157,533,379 | |
| Feb 11, 2009 | 1.67 | = | 28.55 | ÷ | 17.09 | 17.09 | = | 20,780 | ÷ | 1,215,615,705 | |
| Feb 21, 2008 | 2.98 | = | 47.80 | ÷ | 16.03 | 16.03 | = | 20,063 | ÷ | 1,251,382,699 | |
| Mar 6, 2007 | 3.51 | = | 53.98 | ÷ | 15.37 | 15.37 | = | 20,810 | ÷ | 1,354,320,209 | |
| Feb 24, 2006 | 4.50 | = | 58.89 | ÷ | 13.07 | 13.07 | = | 17,733 | ÷ | 1,356,292,073 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of UnitedHealth Group Inc. Annual Report.
Comparison to Competitors
UnitedHealth Group Inc., P/BV, long-term trends, comparison to competitors
| UnitedHealth Group Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | |
|---|---|---|---|---|---|---|---|---|
| Feb 28, 2024 | 5.18 | 5.12 | 2.13 | 1.25 | 3.02 | 2.70 | 10.01 | 2.26 |
| Feb 24, 2023 | 5.81 | 5.06 | 1.95 | 1.61 | 1,553,040.70 | 4.13 | 7.78 | 2.24 |
| Feb 15, 2022 | 6.27 | 5.75 | 1.53 | 1.83 | 3.07 | 3.34 | 8.59 | 3.26 |
| Mar 1, 2021 | 4.83 | 6.65 | 1.46 | 1.33 | 2.19 | 3.55 | 9.53 | 2.48 |
| Feb 14, 2020 | 4.92 | 4.96 | 1.49 | 1.47 | 2.42 | 4.07 | 8.13 | 2.66 |
| Feb 12, 2019 | 4.89 | 4.38 | 1.62 | 1.29 | 2.82 | 4.10 | 8.96 | 2.31 |
| Feb 13, 2018 | 4.59 | 3.40 | 3.47 | 1.88 | 2.24 | 3.76 | 9.91 | 2.40 |
| Feb 8, 2017 | 3.98 | 3.76 | 2.76 | 2.15 | 1.72 | 2.86 | 4.73 | 2.25 |
| Feb 9, 2016 | 3.12 | 2.68 | 2.98 | 2.67 | 1.44 | 2.40 | 4.67 | 2.04 |
| Feb 10, 2015 | 3.20 | 3.32 | 2.92 | 3.01 | 1.62 | 2.41 | 5.55 | 3.27 |
| Feb 12, 2014 | 2.16 | 2.38 | 2.01 | 2.14 | 1.00 | 1.69 | 4.37 | 2.78 |
| Feb 7, 2013 | 1.88 | 2.06 | 1.71 | 1.67 | 0.79 | 1.26 | 6.43 | 2.23 |
| Feb 9, 2012 | 1.96 | 3.61 | 1.54 | 1.52 | 0.95 | 1.81 | 7.31 | 2.59 |
| Feb 10, 2011 | 1.80 | 3.24 | 1.71 | 1.20 | 1.06 | 1.50 | 6.34 | 2.68 |
| Feb 10, 2010 | 1.60 | 3.69 | 1.72 | 1.31 | 1.06 | 1.34 | 8.22 | 2.89 |
| Feb 11, 2009 | 1.67 | 4.78 | 1.24 | 1.08 | 0.96 | 1.54 | 3.55 | 5.03 |
| Feb 21, 2008 | 2.98 | 4.83 | 2.63 | 1.85 | 1.75 | 2.91 | 12.99 | 5.31 |
| Mar 6, 2007 | 3.51 | 5.88 | 3.21 | 2.63 | 2.02 | 3.32 | 7.10 | 5.78 |
| Feb 24, 2006 | 4.50 | 4.69 | 2.80 | 3.00 | 2.04 | 3.36 | 7.80 | 6.06 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
UnitedHealth Group Inc., P/BV, long-term trends, comparison to sector (health care equipment & services)
| UnitedHealth Group Inc. | Health Care Equipment & Services | |
|---|---|---|
| Feb 28, 2024 | 5.18 | 3.41 |
| Feb 24, 2023 | 5.81 | 163,178.68 |
| Feb 15, 2022 | 6.27 | 3.77 |
| Mar 1, 2021 | 4.83 | 3.20 |
| Feb 14, 2020 | 4.92 | 3.08 |
| Feb 12, 2019 | 4.89 | 2.98 |
| Feb 13, 2018 | 4.59 | 3.19 |
| Feb 8, 2017 | 3.98 | 2.79 |
| Feb 9, 2016 | 3.12 | 2.48 |
| Feb 10, 2015 | 3.20 | 2.92 |
| Feb 12, 2014 | 2.16 | 2.10 |
| Feb 7, 2013 | 1.88 | 1.79 |
| Feb 9, 2012 | 1.96 | 2.09 |
| Feb 10, 2011 | 1.80 | 1.88 |
| Feb 10, 2010 | 1.60 | 1.98 |
| Feb 11, 2009 | 1.67 | 2.17 |
| Feb 21, 2008 | 2.98 | 3.00 |
| Mar 6, 2007 | 3.51 | 3.62 |
| Feb 24, 2006 | 4.50 | 3.72 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
UnitedHealth Group Inc., P/BV, long-term trends, comparison to industry (health care)
| UnitedHealth Group Inc. | Health Care | |
|---|---|---|
| Feb 28, 2024 | 5.18 | 5.17 |
| Feb 24, 2023 | 5.81 | 73,750.46 |
| Feb 15, 2022 | 6.27 | 4.79 |
| Mar 1, 2021 | 4.83 | 4.58 |
| Feb 14, 2020 | 4.92 | 4.40 |
| Feb 12, 2019 | 4.89 | 4.42 |
| Feb 13, 2018 | 4.59 | 4.25 |
| Feb 8, 2017 | 3.98 | 3.83 |
| Feb 9, 2016 | 3.12 | 3.47 |
| Feb 10, 2015 | 3.20 | 3.90 |
| Feb 12, 2014 | 2.16 | 3.30 |
| Feb 7, 2013 | 1.88 | 2.70 |
| Feb 9, 2012 | 1.96 | 2.38 |
| Feb 10, 2011 | 1.80 | 2.11 |
| Feb 10, 2010 | 1.60 | 2.23 |
| Feb 11, 2009 | 1.67 | 2.42 |
| Feb 21, 2008 | 2.98 | 3.26 |
| Mar 6, 2007 | 3.51 | 3.75 |
| Feb 24, 2006 | 4.50 | 3.89 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).