ELVElevance Health

$402.55

Is the price fair?

What ELV's price assumes

Elevance Health trades at 17.8× earnings against 25.3× for the median Healthcare Plans name, cheaper than its own group.

17.8

Trailing P/E · Healthcare Plans median 25.3 · cheaper than the typical name in its group

Price / sales
0.42

Price / sales · as of 2026-Q2

Free cash flow yield
7.4%

Free cash flow yield · Healthcare Plans median 6.5%

Growth the price implies
+0.34%

Growth the price implies · The price pays for +0.34% free cash flow growth a year for a decade; the business has delivered −16% a year over the last three.

Details
Price / book2026-Q2
1.86
EV / EBIToperating margin 2.7%: the multiple describes the denominator
not meaningful
EV / sales2026-Q2
0.52
Healthcare median P/E362 names
31.5
Healthcare Plans median P/E11 names
25.3
Free cash flow, trailing twelve months
$6.29B
Market capitalisation
$84.4B
3-year revenue growth
+6.7%
3-year free cash flow growth
−16%
What the market has paid for these earnings: 38 quarters of its own multiple × $22.57 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$318.99
Its own P/E history, median$354.36
Its own P/E history, upper quartile$393.56
52-week range$277.65 – $430.21
Today$402.55

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.