PE Ratio: 16.71

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 16.71 is in line with its 5-year average of 17.66, around the middle of its 5-year range (11.18–23.24).

As of Thursday, July 30, 2026. 17.02% above its 12-month average of 14.28.

PE Ratio (16.71) = Close Price ($371.12) / Diluted TTM EPS ($22.21)

ELV PE Ratio Metrics

P/E vs. its own history

At 16.7, P/E is richer than usual, sitting higher than 65% of its 20-year history.

P/E Comparison

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

PE Ratio FAQ

What is the P/E ratio for Elevance Health Inc. (ELV)?

The P/E ratio for ELV stock is 16.71.

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

The P/E ratio of 16.71 is in line with its 5-year average of 17.66, 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 14.28.

What is the 3Y average P/E ratio for Elevance Health Inc. (ELV)?

The 3Y average P/E ratio for ELV stock is 16.36.

What is the 5Y average P/E ratio for Elevance Health Inc. (ELV)?

The 5Y average P/E ratio for ELV stock is 17.66.

What is the 10Y average P/E ratio for Elevance Health Inc. (ELV)?

The 10Y average P/E ratio for ELV stock is 17.32.

What is the 15Y average P/E ratio for Elevance Health Inc. (ELV)?

The 15Y average P/E ratio for ELV stock is 15.47.

What is the 20Y average P/E ratio for Elevance Health Inc. (ELV)?

The 20Y average P/E ratio for ELV stock is 14.30.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

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