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ELV Elevance Health PE ratio, current and historical analysis

The PE ratio for Elevance Health stock stands at 20.07 as of Jun 20, 2024. This is calculated based on the current EPS of $26.64 and the stock price of $534.79 per share. An increase of 12% has been seen in the P/E ratio compared to the average of 18.0 of the last 4 quarters.

ELV PE ratio history

How has ELV's PE ratio performed in the past

Over the last ten years, the average PE ratio of Elevance Health has been 16.26. The current 20.07 PE ratio is 23% above the historical average. Over the past ten years, ELV's PE ratio was at its highest in the Jun 2021 quarter at 22.09, with a price of $381.8 and an EPS of $17.28. The Jun 2020 quarter recorded the bottom point at 11.24, with a price of $262.98 and an EPS of $23.39.

Average
16.26
Median
15.89
Minimum
11.24
Maximum
22.09

Elevance Health PE ratio by year

Maximum annual increase: 21.84% in 2014

Maximum annual decrease: -11.17% in 2019

Year PE ratio Change
2023 18.58 -11.06%
2022 20.89 13.84%
2021 18.35 4.2%
2020 17.61 9.65%
2019 16.06 -11.17%
2018 18.08 18.09%
2017 15.31 0%
2016 15.31 6.84%
2015 14.33 6.15%
2014 13.5 21.84%

ELV average PE ratio chart

What is the average PE ratio of ELV for the past years

The current PE ratio of ELV is above the 3, 5 and 10-year historical averages.

3-year avg
18.62
5-year avg
17.26
10-year avg
16.26
15-year avg
13.65

ELV PE vs peers

What is ELV's PE ratio compared to its peers
Stock name PE ratio Market cap
ELV Elevance Health Inc 20.07 $124.29B
LIFW MSP Recovery Inc N/A $72.93M
NEUE NeueHealth Inc. N/A $43.18M
OSCR Oscar Health Inc N/A $4.28B

Frequently asked questions

What is Elevance Health's PE ratio?

The price to earnings ratio for ELV stock as of Jun 20, 2024, stands at 20.07.

What is the 3-year average PE ratio for Elevance Health (ELV)?

The 3-year average PE ratio for ELV stock is 18.62.

What is the 5-year average PE ratio for Elevance Health (ELV)?

The 5-year average PE ratio for ELV stock is 17.26.

What is the highest PE ratio for ELV?

The highest quarterly PE ratio in the last ten years has been 22.09 and it was in the Jun 2021 quarter.

How does the current PE ratio for ELV compare to its historical average?

The current price to earnings ratio of ELV is 23% higher than the 10-year historical average.

How is ELV's PE ratio calculated (Elevance Health PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 20, 2024), Elevance Health's stock price is $534.79. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $26.64. Therefore, Elevance Health's P/E ratio for today is 20.07. PE RATIO(20.07) = STOCK PRICE($534.79) / TTM EPS($26.64)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.