Walgreens has a market-neutral P/E ratio of 19.21, and the drug store giant has a modest dividend yield of 2.10%.
Rite Aid is not a profitable company, so it does not have a P/E ratio, but it trades at $1 to $3 per share as an "option on survival."
Without a major acquisition, the pharmacy industry is too complex for Amazon, says WBA's CEO.
One source says the company is exploring whether to enter the drug purchasing market.
As headwinds in retail pharmacy intensify, Walgreens investors should expect no relief.
Pharmacy shares tumbled after a report indicated that Amazon might now be able to start selling prescription drugs online.
The fate of PBMs rests in the hands of the global e-commerce and cloud computing, analysts say.
Analysts foresee major PBMs either partnering, being bought out, or falling at the will of AMZN.
While it will keep its most profitable stores, RAD will still face pressure from CVS, Walgreens.
As Walgreens ditches its Rite Aid buyout, the ecommerce giant could swoop in or build its own PBM.