Elevance Health Inc.

Elevance Health Inc.verified

ELV

Price:

$541.91

Market Cap:

$125.66B

Elevance Health Inc. operates as a health benefits company. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves approximately 118 million people through a portfolio of medical, digital, pharmacy, behavioral, clinical, and care solutions. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health Inc. in June 2022. Elevance Health Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2001-10-30

Stock Exchange

NYSE

Ticker

ELV

The PE Ratio as of September 2024 (TTM) for Elevance Health Inc. (ELV) is 18.96

According to Elevance Health Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 18.96. This represents a change of -3.79% compared to the average of 19.71 of the last 4 quarters.

Elevance Health Inc. (ELV) Historical PE Ratio (quarterly & annually)

How has ELV PE Ratio performed in the past?

The mean historical PE Ratio of Elevance Health Inc. over the last ten years is 16.70. The current 18.96 PE Ratio has changed 11.25% with respect to the historical average. Over the past ten years (40 quarters), ELV's PE Ratio was at its highest in in the September 2020 quarter at 75.92. The PE Ratio was at its lowest in in the June 2020 quarter at 7.29.

Quarterly (TTM)
Annual

Average

16.70

Median

16.83

Minimum

13.11

Maximum

20.89

Elevance Health Inc. (ELV) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Elevance Health Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 20.48%

Maximum Annual PE Ratio = 20.89

Minimum Annual Increase = -11.05%

Minimum Annual PE Ratio = 13.11

Quarterly (TTM)
Annual
YearPE RatioChange
202318.58-11.05%
202220.8913.82%
202118.354.19%
202017.619.72%
201916.05-9.86%
201817.8118.77%
201714.99-2.33%
201615.357.90%
201514.238.52%
201413.1120.48%

Elevance Health Inc. (ELV) Average PE Ratio

How has ELV PE Ratio performed in the past?

The current PE Ratio of Elevance Health Inc. (ELV) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

19.27

5-year avg

18.30

10-year avg

16.70

Elevance Health Inc. (ELV) PE Ratio vs. Peers

How is ELV’s PE Ratio compared to its peers?

Elevance Health Inc.’s PE Ratio is less than Cigna Corporation (42.45), less than UnitedHealth Group Incorporated (38.98), greater than Centene Corporation (13.29), greater than Molina Healthcare, Inc. (17.84), less than Humana Inc. (25.19), greater than CVS Health Corporation (10.09), greater than Alignment Healthcare, Inc. (-11.87),

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