Saturday 7 November 2026 Export ELV’s income statement to Excel — free account

Elevance Health, Inc.

Elevance Health, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $199.1 billion, up 12.5% from fiscal 2024.

Revenue: +1.42%
EPS: +17.9%
Free cash flow: +29.0%
Total debt: −3.65%

Quarter to September 2026, against a year earlier

425.62 6.38 −1.48%

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Market cap: $93.3B
P/E: 18.2×
Fwd P/E: 19.0×
Dividend yield: 1.61%
F-score: 6/9
Altman Z: 3.09
Beneish M: −2.26
Dividend safety: 96/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Elevance Health, Inc. (ELV) P/B ratio

Alert me on P/B ratio

As of 6 November 2026, Elevance Health, Inc. (ELV) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 1.2× (November 2016) to 3.6× (October 2022); the current reading is higher than 40% of that period. That is below the Healthcare Plans industry median of 2.8× and below the Healthcare sector median of 2.3×.

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<iframe src="https://stockrow.com/embed/ELV/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Elevance Health, Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/ELV/metrics/pb-ratio">Elevance Health, Inc. (ELV) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	1.8×	(13.56%)
FY2024	2.1×	(28.02%)
FY2023	2.9×	(13.60%)
FY2022	3.3×	6.06%
FY2021	3.1×	28.96%
FY2020	2.4×	(0.27%)
FY2019	2.4×	2.41%
FY2018	2.4×	6.51%
FY2017	2.2×	48.63%
FY2016	1.5×	(5.72%)

Period	P/B ratio	Change
Sep 2026	1.9×	0.86%
Jun 2026	1.9×	27.58%
Mar 2026	1.5×	(18.09%)
Dec 2025	1.8×	8.97%
43 more quarters	Free account

Against its own ten years

Low 1.2× High 3.6×

Ten-year median 2.2×

Current reading's percentile 34

Company	P/B ratio
CVS CVS Health Corporation compare	1.3×
CNC Centene Corporation compare	1.5×
CI Cigna Group compare	1.8×
ELV Elevance Health, Inc.	2.1×
MOH Molina Healthcare, Inc compare	2.6×
HUM Humana Inc. compare	2.8×
UNH UnitedHealth Group Incorporated compare	3.4×
OSCR Oscar Health, Inc. compare	4.3×
PGNY Progyny, Inc. compare	6.4×
Healthcare Plans industry median	2.8×
Healthcare sector median	2.3×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Elevance Health, Inc. (ELV) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on ELV

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on ELV

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