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Elevance Health PE ratio ELV

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026
19.6×
10-year median
17.6×
Against its 10-year history
79th
percentile: 0 is its lowest day, 100 its highest
10-year range
10.4× to 23.3×
Peer median
23.9×

Elevance Health's PE ratio is 19.6× as of Oct 23, 2026: a share price of $439.95 against $22.50 of earnings per share over the last twelve months.

That is above its ten-year median of 17.6×, higher than on 79% of days in the last ten years.

Over that time it ranged from 10.4× in Mar 2020 to 23.3× in Jan 2018.

The median for 6 health insurers of a similar size is 23.9×.

PE ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far19.6×11.4×19.6×
202514.3×11.7×17.2×
202413.5×13.3×20.7×
202318.8×16.3×20.0×
202220.1×17.5×21.3×
202120.8×15.0×23.1×
202016.6×10.4×18.7×
201918.6×14.5×22.3×
201815.0×14.2×23.3×
201720.3×16.9×21.0×
201616.9×11.6×17.1×
201513.3×12.6×18.9×
201416.5×9.2×16.7×
201310.0×7.6×10.2×
20127.9×7.3×10.3×
20118.7×7.7×10.9×

Against its peers

Companies in Medical - Healthcare Plans nearest Elevance Health's size, closest first, today.

CompanyPE ratio
ELVElevance Health19.6×
CICigna12.7×
CVSCVS Health24.7×
HUMHumana39.9×
CNCCentenen/m
UNHUnitedHealth23.9×
OSCROscar Health22.3×
Peer median23.9×

Where Elevance Health ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Elevance Health

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.