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Elevance Health Inc. (ELV)
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Elevance Health Inc. (ELV) PE Ratio: 17.19

Is Elevance Health Inc.’s P/E ratio high or low?

Elevance Health Inc.'s P/E ratio of 17.19 is in line with its 5-year average of 17.76, around the middle of its 5-year range (11.18–23.24).

As of Monday, June 15, 2026. 24.31% above its 12-month average of 13.83.

PE Ratio (17.19) = Close Price ($404.07) / Diluted TTM EPS ($23.51)

ELV PE Ratio Chart

ELV PE Ratio
17.19+14.07% 1Y
Zoom

ELV Average PE Ratio Chart

ELV Current vs Average PE Ratio Chart

ELV PE Ratio Metrics

PE RATIO

17.19

PE RATIO AVG TTM

13.83

PE RATIO AVG 3Y

16.38

PE RATIO AVG 5Y

17.76

PE RATIO AVG 10Y

17.29

PE RATIO AVG 15Y

15.41

PE RATIO AVG 20Y

14.31

CURRENT VS TTM AVG

+24.31%

CURRENT VS 3Y AVG

+4.95%

CURRENT VS 5Y AVG

-3.19%

CURRENT VS 10Y AVG

-0.57%

CURRENT VS 15Y AVG

+11.56%

CURRENT VS 20Y AVG

+20.16%

ELV Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Elevance Health Inc. (ELV)$87.75B17.1913.8316.3817.76
Cigna Corporation (CI)vs ›$78.83B12.6413.8319.1416.75
Medtronic plc (MDT)vs ›$102.97B21.5025.2326.9928.69
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$63.06B14.9216.3020.8517.83
Vertex Pharmaceuticals Incorporated (VRTX)vs ›$112.92B26.3929.5129.2727.24
Bristol-Myers Squibb Company (BMY)vs ›$116.66B16.0517.6116.3419.36
Cencora, Inc. (COR)vs ›$54.80B21.6035.5330.1026.11
Becton, Dickinson and Company (BDX)vs ›$52.98B37.0227.7333.6633.30
Cardinal Health, Inc. (CAH)vs ›$52.43B34.2328.3547.5541.60
Danaher Corporation (DHR)vs ›$127.47B34.8441.5838.6134.94

P/E vs. its own history

At 17.2, P/E is richer than usual, sitting higher than 69% of its 20-year history.

20-year low

4.3

median

15.2

20-year high

23.3

cheaperricher

P/E Comparison

Trailing P/E

17.2

Forward P/E

13.8

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$404.07

÷

Forward EPS (Est.)

$29.24

=

Forward P/E

13.82

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Elevance Health Inc. PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Elevance Health Inc. PE Ratio FAQ

What is the P/E ratio for Elevance Health Inc. (ELV)?
The P/E ratio for ELV stock is 17.19.
Is Elevance Health Inc.'s P/E ratio high or low?
Elevance Health Inc.'s P/E ratio of 17.19 is in line with its 5-year average of 17.76, around the middle of its 5-year range (11.18–23.24).
What is the TTM average P/E ratio for Elevance Health Inc. (ELV)?
The TTM average P/E ratio for ELV stock is 13.83.
What is the 3Y average P/E ratio for Elevance Health Inc. (ELV)?
The 3Y average P/E ratio for ELV stock is 16.38.
What is the 5Y average P/E ratio for Elevance Health Inc. (ELV)?
The 5Y average P/E ratio for ELV stock is 17.76.
What is the 10Y average P/E ratio for Elevance Health Inc. (ELV)?
The 10Y average P/E ratio for ELV stock is 17.29.
What is the 15Y average P/E ratio for Elevance Health Inc. (ELV)?
The 15Y average P/E ratio for ELV stock is 15.41.
What is the 20Y average P/E ratio for Elevance Health Inc. (ELV)?
The 20Y average P/E ratio for ELV stock is 14.31.

Elevance Health Inc. PE Ratio History

DATEPE RATIO
2026-06-1217.19
2026-06-1116.98
2026-06-1017.21
2026-06-0918.05
2026-06-0817.79
2026-06-0517.67
2026-06-0417.42
2026-06-0316.64
2026-06-0216.55
2026-06-0117.13
2026-05-2916.72
2026-05-2816.71
2026-05-2716.65
2026-05-2616.50
2026-05-2216.79
2026-05-2116.58
2026-05-2016.85
2026-05-1917.11
2026-05-1816.76
2026-05-1516.70
2026-05-1416.87
2026-05-1317.00
2026-05-1216.73
2026-05-1116.24
2026-05-0816.08
2026-05-0715.86
2026-05-0615.94
2026-05-0515.70
2026-05-0415.82
2026-05-0115.85
2026-04-3016.01
2026-04-2916.02
2026-04-2815.43
2026-04-2715.16
2026-04-2414.66
2026-04-2314.73
2026-04-2213.96
2026-04-2113.06
2026-04-2012.71
2026-04-1712.86
2026-04-1612.57
2026-04-1512.39
2026-04-1412.47
2026-04-1312.58
2026-04-1012.40
2026-04-0912.61
2026-04-0812.67
2026-04-0712.41
2026-04-0612.05
2026-04-0211.97
2026-04-0111.88
2026-03-3111.65
2026-03-3011.34
2026-03-2711.40
2026-03-2611.71
2026-03-2511.79
2026-03-2411.56
2026-03-2311.52
2026-03-2011.60
2026-03-1911.59
2026-03-1811.74
2026-03-1711.77
2026-03-1611.63
2026-03-1311.61
2026-03-1211.46
2026-03-1111.54
2026-03-1011.25
2026-03-0911.18
2026-03-0611.53
2026-03-0511.40
2026-03-0411.60
2026-03-0311.31
2026-03-0211.71
2026-02-2712.74
2026-02-2612.86
2026-02-2513.16
2026-02-2413.02
2026-02-2313.37
2026-02-2013.65
2026-02-1913.86
2026-02-1813.78
2026-02-1713.73
2026-02-1313.81
2026-02-1213.38
2026-02-1113.15
2026-02-1012.96
2026-02-0913.04
2026-02-0613.49
2026-02-0513.58
2026-02-0413.92
2026-02-0313.85
2026-02-0213.98
2026-01-3014.13
2026-01-2914.19
2026-01-2813.98
2026-01-2713.20
2026-01-2615.41
2026-01-2315.17
2026-01-2215.22
2026-01-2115.12
2026-01-2015.01
2026-01-1615.33
2026-01-1515.61
2026-01-1415.24
2026-01-1315.15
2026-01-1215.33
2026-01-0915.24
2026-01-0815.32
2026-01-0714.99
2026-01-0615.18
2026-01-0514.86
2026-01-0214.48
2025-12-3114.33
2025-12-3014.26
2025-12-2914.24
2025-12-2614.30
2025-12-2414.04
2025-12-2314.03
2025-12-2214.07
2025-12-1913.93
2025-12-1814.09
2025-12-1714.14
2025-12-1614.39
2025-12-1514.75
2025-12-1214.68
2025-12-1114.73
2025-12-1013.94
2025-12-0913.48
2025-12-0813.52
2025-12-0513.52
2025-12-0413.63
2025-12-0313.52
2025-12-0213.53
2025-12-0113.48
2025-11-2813.83
2025-11-2613.84
2025-11-2513.75
2025-11-2413.48
2025-11-2113.15
2025-11-2012.84
2025-11-1912.93
2025-11-1813.27
2025-11-1713.53
2025-11-1413.32
2025-11-1313.42
2025-11-1213.39
2025-11-1112.89
2025-11-1012.42
2025-11-0712.99
2025-11-0612.86
2025-11-0513.00
2025-11-0412.94
2025-11-0312.80
2025-10-3112.97
2025-10-3013.16
2025-10-2913.75
2025-10-2813.88
2025-10-2714.00
2025-10-2414.00
2025-10-2314.16
2025-10-2214.11
2025-10-2114.30
2025-10-2015.07
2025-10-1714.84
2025-10-1614.82
2025-10-1514.87
2025-10-1414.91
2025-10-1314.95
2025-10-1015.03
2025-10-0915.24
2025-10-0815.42
2025-10-0715.21
2025-10-0614.89
2025-10-0314.91
2025-10-0214.48
2025-10-0114.16
2025-09-3013.75
2025-09-2913.60
2025-09-2613.56
2025-09-2513.48
2025-09-2413.89
2025-09-2313.78
2025-09-2213.53
2025-09-1913.35
2025-09-1813.44
2025-09-1713.13
2025-09-1613.19
2025-09-1513.06
2025-09-1213.27
2025-09-1113.40
2025-09-1013.05
2025-09-0913.41
2025-09-0813.11
2025-09-0513.35
2025-09-0413.11
2025-09-0313.68
2025-09-0213.72
2025-08-2913.56
2025-08-2813.21
2025-08-2713.18
2025-08-2613.19
2025-08-2513.36
2025-08-2213.47
2025-08-2113.17
2025-08-2013.19
2025-08-1913.28
2025-08-1813.16
2025-08-1513.17
2025-08-1412.57
2025-08-1312.53
2025-08-1212.45
2025-08-1112.37
2025-08-0812.51
2025-08-0712.06
2025-08-0611.76
2025-08-0511.76
2025-08-0411.70
2025-08-0111.69
2025-07-3112.05
2025-07-3012.49
2025-07-2912.29
2025-07-2812.17
2025-07-2512.30
2025-07-2411.93
2025-07-2312.62
2025-07-2211.99
2025-07-2111.76
2025-07-1811.79
2025-07-1712.87
2025-07-1613.44
2025-07-1513.12
2025-07-1413.27
2025-07-1113.29
2025-07-1013.49
2025-07-0913.51
2025-07-0813.63
2025-07-0713.53
2025-07-0313.57
2025-07-0213.67
2025-07-0115.44
2025-06-3015.18
2025-06-2714.88
2025-06-2614.56
2025-06-2514.59
2025-06-2414.69
2025-06-2314.53
2025-06-2014.61
2025-06-1814.67
2025-06-1714.64
2025-06-1614.69
2025-06-1315.00
2025-06-1215.07
2025-06-1114.86
2025-06-1014.98
2025-06-0915.20
2025-06-0615.35
2025-06-0515.01
2025-06-0414.83
2025-06-0314.79
2025-06-0214.71

Showing the most recent 260 of 5,033 data points. The chart above shows the full history.

About Elevance Health Inc.

Operating as a major health benefits organization, Elevance Health Inc. commits to guiding consumers, families, and communities across their entire health and wellness path. It facilitates access to vital care, assistance, and tools designed to enable healthier living for approximately 118 million individuals. The company's comprehensive offerings span medical, digital, pharmaceutical, behavioral health, clinical, and other care solutions. Founded in 1944 and based in Indianapolis, Indiana, this entity adopted its current name, Elevance Health Inc., in June 2022, having previously operated as Anthem, Inc.

Indianapolis, IN
104,200 employees
Healthcare / Medical - Healthcare Plans
Sector
Healthcare
Industry
Medical - Healthcare Plans
CEO
Gail Koziara Boudreaux