PE Ratio: 18.61

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 18.61 is in line with its 5-year average of 17.56, around the middle of its 5-year range (11.18–24.91).

As of 2026-09-12T00:15:29.890Z. 25.33% above its 12-month average of 14.85.

PE Ratio (18.61) = Close Price ($418.72) / Diluted TTM EPS ($22.50)

ELV PE Ratio Metrics

P/E vs. its own history

At 18.6, P/E is above its 20-year median — higher than 82% of readings in 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 18.61.

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

The P/E ratio of 18.61 is in line with its 5-year average of 17.56, around the middle of its 5-year range (11.18–24.91).

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

The TTM average P/E ratio for ELV stock is 14.85.

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 17.56.

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

The 10Y average P/E ratio for ELV stock is 17.36.

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

The 15Y average P/E ratio for ELV stock is 15.55.

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 5,031 data points. The chart above shows the full history.

Related Metrics