Elevance Health (ELV) Stock Valuation: P/E Ratio and Intrinsic Value

Elevance Health share price

Price (USD)420.07
Price date2026-10-31
Market capitalization90.76 USD bn

Annual and quarterly filings: SEC EDGAR – Elevance Health

Is Elevance Health stock expensive or cheap? This page shows the price-earnings ratio of Elevance Health for the last fiscal years, the current share price, and beta and volatility as risk measures. Earnings figures come from the company's published filings.

How the Elevance Health P/E ratio is calculated

The price-earnings ratio divides the share price by earnings per share. On this page the ratio is shown per fiscal year, so you can see whether today's valuation of Elevance Health is above or below its own history. Beta and volatility indicate how strongly the share moves compared with the overall market.

Frequently asked questions about Elevance Health

What is the ELV P/E ratio?

The P/E ratio divides the Elevance Health share price by earnings per share. This page shows the ratio for each of the last fiscal years, so the current valuation of ELV can be compared with its own history.

Is Elevance Health stock overvalued or undervalued?

There is no single answer. A useful check is whether the current P/E of ELV is above or below its multi-year average and how earnings, margins and revenue are developing. This page shows all of these figures from the published filings.

How can I estimate the intrinsic value of Elevance Health?

An intrinsic value estimate needs earnings or free cash flow, a growth assumption and a discount rate. This page provides the reported earnings basis, margins and the valuation history of ELV as the starting point.

More on Elevance Health