UnitedHealth Group Incorporated logo
UNHUnitedHealth Group Incorporated

The forward PE ratio is 23.14 as of Thursday, July 9, 2026.

Forward PE Ratio (23.14) = Close Price ($431.68) / Consensus Forward EPS ($18.39)

UNH Forward PE Ratio Metrics

FORWARD PE RATIO

23.14

UNH Competitors' Forward PE Ratio

UNH

UnitedHealth Group Incorporated

Current

Market Cap

$392.03B

Forward PE Ratio

23.14

ELV

Elevance Health Inc.

vs UNH

Market Cap

$91.29B

Forward PE Ratio

15.46

CI

Cigna Corporation

vs UNH

Market Cap

$77.19B

Forward PE Ratio

9.51

HUM

Humana Inc.

vs UNH

Market Cap

$47.76B

Forward PE Ratio

44.80

CVS

CVS Health Corp.

vs UNH

Market Cap

$131.18B

Forward PE Ratio

14.08

CNC

Centene Corp.

vs UNH

Market Cap

$33.38B

Forward PE Ratio

19.16

Trailing vs Forward

Trailing P/E

32.1

reported TTM EPS

Forward P/E

23.1

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $18.39 implies +38.9% EPS growth vs the reported trailing $13.24.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $431.68 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$18.39$18.32 – $18.771923.5x
2027-12-31$20.94$19.63 – $21.891920.6x
2028-12-31$24.97$22.76 – $28.301117.3x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward 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

Forward PE Ratio FAQ

What is the forward PE ratio for UnitedHealth Group Incorporated (UNH)?
The forward PE ratio for UNH stock is 23.14.

About UnitedHealth Group Incorporated

UnitedHealth Group Incorporated (UNH) operates as a comprehensive healthcare enterprise across the United States, structuring its diverse services into four key divisions: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment provides a wide array of health benefit plans and consumer-focused services. These offerings cater to a broad spectrum of clients, including large national corporations, public sector employers, mid-sized and small businesses, and individual consumers. It also delivers specialized health coverage and wellness programs tailored for individuals aged 50 and older, addressing their needs for preventive and acute care, chronic disease management, and other age-specific health issues. This division further encompasses Medicaid plans, children's health insurance, dental benefits, and various hospital and clinical services. Optum Health focuses on delivering direct healthcare solutions and management services. It facilitates access to networks of specialist care providers, offers health management programs, direct care delivery, consumer engagement initiatives, and financial services. Its diverse clientele includes individuals (served directly through care systems), employers, insurance payers, and government organizations. Optum Insight specializes in providing technology, information, and consulting services to the healthcare industry. Its offerings include software and data products, advisory consulting arrangements, and outsourced managed services. Clients span hospital systems, physicians, health plans, governmental bodies, life sciences companies, and other relevant organizations. Finally, Optum Rx handles the company's pharmaceutical care services. This segment manages retail pharmacy networks, provides home prescription delivery, and offers specialty and compounding pharmacy capabilities. Leveraging its purchasing power and clinical expertise, Optum Rx also develops advanced programs related to step therapy, formulary management, medication adherence, and integrated disease and drug therapy management. UnitedHealth Group Incorporated, founded in 1977, has its corporate headquarters located in Minnetonka, Minnesota.

Eden Prairie, MN
400,000 employees
Healthcare / Medical - Healthcare Plans
Sector
Healthcare
Industry
Medical - Healthcare Plans
CEO
Stephen J. Hemsley