UnitedHealth forward PE UNH
Share price divided by analysts' consensus earnings for the next twelve months, since 1994.
- Today, Oct 23, 2026
- 18.5×
- 10-year median
- 19.5×
- Against its 10-year history
- 29th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 13.1× to 36.0×
- Peer median
- 13.8×
UnitedHealth's forward PE is 18.5× as of Oct 23, 2026.
That is below its ten-year median of 19.5×, lower than on 71% of days in the last ten years.
Over that time it ranged from 13.1× in Sep 2019 to 36.0× in Apr 2025.
The median for 4 health insurers of a similar size is 13.8×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 18.5× | 14.5× | 22.0× |
| 2025 | 18.7× | 14.5× | 36.0× |
| 2024 | 24.0× | 16.3× | 28.9× |
| 2023 | 20.1× | 18.4× | 21.1× |
| 2022 | 22.4× | 20.6× | 25.8× |
| 2021 | 24.7× | 18.5× | 24.7× |
| 2020 | 22.4× | 14.3× | 22.9× |
| 2019 | 18.8× | 13.1× | 18.8× |
| 2018 | 17.7× | 17.1× | 20.7× |
| 2017 | 19.5× | 17.2× | 20.1× |
| 2016 | 18.3× | 15.0× | 18.7× |
| 2015 | 17.3× | 16.4× | 20.6× |
| 2014 | 17.5× | 14.1× | 17.5× |
| 2013 | 14.9× | 10.4× | 14.9× |
| 2012 | 10.9× | 10.5× | 13.1× |
| 2011 | 11.9× | 10.3× | 13.5× |
| 2010 | 9.7× | 8.5× | 11.5× |
| 2009 | 10.4× | 7.2× | 11.6× |
| 2008 | 10.0× | 6.4× | 18.2× |
| 2007 | 18.9× | 14.7× | 19.2× |
Against its peers
Companies in Medical - Healthcare Plans nearest UnitedHealth's size, closest first, today.
| Company | Forward PE |
|---|---|
| UNHUnitedHealth | 18.5× |
| CVSCVS Health | 11.5× |
| ELVElevance Health | 16.1× |
| CICigna | 9.7× |
| HUMHumana | 33.7× |
| Peer median | 13.8× |
Where UnitedHealth ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on UnitedHealth
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.