Elevance Health, Inc. ELV
396.09
(2.16)
(0.54%)
as of 25 Sep
- Market cap
- $86.4B
- P/E
- 17.6×
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Elevance Health, Inc. (ELV) P/B ratio
As of 25 September 2026, Elevance Health, Inc. (ELV) trades at a P/B ratio of 1.9×. Over the past ten years it has ranged from 1.2× (November 2016) to 3.6× (October 2022); the current reading is higher than 31% of that period. That is below the Healthcare Plans industry median of 2.5× and below the Healthcare sector median of 2.5×.
P/B ratio, daily
Annual
| 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%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.9× | 27.58% |
| Mar 2026 | 1.5× | (18.09%) |
| Dec 2025 | 1.8× | 8.97% |
| Sep 2025 | 1.6× | (18.06%) |
| 42 more quarters | Free account |
Against its own ten years
Low 1.2×
High 3.6×
Ten-year median
2.2×
Current reading's percentile
31
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| CNC Centene Corporation compare | 1.3× |
| CVS CVS Health Corporation compare | 1.4× |
| CI Cigna Group compare | 1.7× |
| ELV Elevance Health, Inc. | 1.9× |
| MOH Molina Healthcare, Inc compare | 2.3× |
| HUM Humana Inc. compare | 2.5× |
| UNH UnitedHealth Group Incorporated compare | 3.3× |
| OSCR Oscar Health, Inc. compare | 4.4× |
| CLOV Clover Health Investments, Corp. compare | 6.3× |
| Healthcare Plans industry median | 2.5× |
| Healthcare sector median | 2.5× |
| Market median | 1.8× |
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))
More on ELV
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement