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Elevance Health ELV

US equityMarket cap rank #190Healthcare Plans
$395.28
−$3.28 (-0.82%)
Market open · Sep 24, 1:10 pm ET
After hours $398.56 0.00%
Open$397.99
Prev close$398.56
Day range$394.31 – $400.86
Volume421.7K
Market cap$85.72B
P/E (TTM)17.5
Dividend yield1.74%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings18.1x
CheapRich

Around its usual level · 58th percentile, 5-year average 17.2x

#1421 of 2974 stocks by PE (1 = cheapest)

Price / book2.0x
CheapRich

Below its usual level · 23rd percentile, 5-year average 2.6x

#2841 of 5302 stocks by PB (1 = cheapest)

Price / sales0.4x
CheapRich

Below its usual level · 23rd percentile, 5-year average 0.6x

#819 of 5141 stocks by PS (1 = cheapest)

P/E over five years

11x14x18x22xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$474.00
Price vs. fair value-16.6%Trading below the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyHigh
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 1.98 2.57 23% (cheaper than usual) #2841 of 5302 (1 = cheapest)
PE 18.11 17.22 58% (pricier than usual) #1421 of 2974 (1 = cheapest)
PS 0.44 0.61 23% (cheaper than usual) #819 of 5141 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$474.00
Economic moatNarrow
UncertaintyHigh
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