Price to Earnings (P/E)
since 2005
Calculation
Elevance Health Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Shareholders’ net income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | 19.80 | = | 509.38 | ÷ | 25.73 | 25.73 | = | 5,987 | ÷ | 232,668,735 | |
| Feb 15, 2023 | 9,358,713.46 | = | 237,458,000.00 | ÷ | 25.37 | 25.37 | = | 6,025 | ÷ | 237,457,776 | |
| Feb 16, 2022 | 18.13 | = | 458.58 | ÷ | 25.30 | 25.30 | = | 6,104 | ÷ | 241,304,369 | |
| Feb 18, 2021 | 15.87 | = | 296.33 | ÷ | 18.67 | 18.67 | = | 4,572 | ÷ | 244,905,689 | |
| Feb 19, 2020 | 15.96 | = | 304.06 | ÷ | 19.05 | 19.05 | = | 4,807 | ÷ | 252,329,919 | |
| Feb 20, 2019 | 21.45 | = | 312.95 | ÷ | 14.59 | 14.59 | = | 3,750 | ÷ | 257,011,928 | |
| Feb 21, 2018 | 15.44 | = | 232.03 | ÷ | 15.03 | 15.03 | = | 3,843 | ÷ | 255,721,900 | |
| Feb 22, 2017 | 17.48 | = | 163.27 | ÷ | 9.34 | 9.34 | = | 2,470 | ÷ | 264,378,577 | |
| Feb 19, 2016 | 12.99 | = | 127.23 | ÷ | 9.80 | 9.80 | = | 2,560 | ÷ | 261,351,781 | |
| Feb 24, 2015 | 15.29 | = | 147.28 | ÷ | 9.63 | 9.63 | = | 2,570 | ÷ | 266,787,463 | |
| Feb 20, 2014 | 9.95 | = | 87.71 | ÷ | 8.81 | 8.81 | = | 2,490 | ÷ | 282,459,121 | |
| Feb 22, 2013 | 7.09 | = | 61.92 | ÷ | 8.73 | 8.73 | = | 2,656 | ÷ | 304,035,158 | |
| Feb 22, 2012 | 8.36 | = | 66.10 | ÷ | 7.91 | 7.91 | = | 2,647 | ÷ | 334,748,569 | |
| Feb 17, 2011 | 8.74 | = | 67.21 | ÷ | 7.69 | 7.69 | = | 2,887 | ÷ | 375,511,311 | |
| Feb 18, 2010 | 5.53 | = | 59.11 | ÷ | 10.69 | 10.69 | = | 4,746 | ÷ | 443,930,532 | |
| Feb 19, 2009 | 8.26 | = | 41.26 | ÷ | 5.00 | 5.00 | = | 2,491 | ÷ | 498,388,028 | |
| Feb 21, 2008 | 12.02 | = | 74.23 | ÷ | 6.17 | 6.17 | = | 3,345 | ÷ | 541,939,848 | |
| Feb 26, 2007 | 16.05 | = | 81.13 | ÷ | 5.05 | 5.05 | = | 3,095 | ÷ | 612,428,063 | |
| Feb 23, 2006 | 20.66 | = | 77.48 | ÷ | 3.75 | 3.75 | = | 2,464 | ÷ | 657,005,900 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Elevance Health Inc. Annual Report.
Comparison to Competitors
Elevance Health Inc., P/E, long-term trends, comparison to competitors
| Elevance Health Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | 19.80 | 34.57 | 19.03 | 11.47 | 17.64 | 74.11 | 30.94 | 20.53 |
| Feb 15, 2023 | 9,358,713.46 | 26.76 | 13.13 | 27.53 | 22.52 | 64.99 | 23.38 | 22.46 |
| Feb 16, 2022 | 18.13 | 29.13 | 13.43 | 17.39 | 18.34 | 59.94 | 46.56 | 26.03 |
| Feb 18, 2021 | 15.87 | 48.49 | 8.71 | 12.88 | 14.48 | 87.47 | 26.30 | 20.54 |
| Feb 19, 2020 | 15.96 | 41.83 | 13.26 | 14.15 | 18.10 | 48.72 | 28.78 | 20.48 |
| Feb 20, 2019 | 21.45 | 56.47 | 25.14 | — | 24.77 | 53.03 | 37.80 | 21.09 |
| Feb 21, 2018 | 15.44 | 220.29 | 21.27 | 10.69 | 15.13 | 70.95 | 29.96 | 20.77 |
| Feb 22, 2017 | 17.48 | 55.16 | 20.31 | 14.91 | 49.76 | 37.16 | 33.17 | 21.73 |
| Feb 19, 2016 | 12.99 | 12.83 | 17.14 | 18.98 | 19.50 | 34.24 | 40.56 | 18.18 |
| Feb 24, 2015 | 15.29 | 31.30 | 14.95 | 24.64 | 20.27 | 44.77 | 20.75 | 18.50 |
| Feb 20, 2014 | 9.95 | 23.25 | 14.42 | 17.71 | 12.76 | 22.82 | 14.99 | 12.35 |
| Feb 22, 2013 | 7.09 | 9.24 | 10.30 | 16.23 | 9.15 | 35.05 | 10.57 | 10.58 |
| Feb 22, 2012 | 8.36 | 18.67 | 9.68 | 16.66 | 10.29 | 39.05 | 13.37 | 10.78 |
| Feb 17, 2011 | 8.74 | 15.68 | 8.47 | 13.20 | 9.42 | 33.85 | 12.65 | 10.01 |
| Feb 18, 2010 | 5.53 | 14.69 | 7.15 | 12.70 | 7.43 | 54.30 | 17.11 | 9.91 |
| Feb 19, 2009 | 8.26 | 17.11 | 15.21 | 11.72 | 10.58 | 21.99 | 26.02 | 11.66 |
| Feb 21, 2008 | 12.02 | 23.82 | 11.20 | 22.10 | 14.06 | 79.87 | 20.81 | 12.85 |
| Feb 26, 2007 | 16.05 | 48.17 | 12.03 | 19.24 | 20.82 | 58.08 | 21.31 | 17.58 |
| Feb 23, 2006 | 20.66 | 20.03 | 9.24 | 20.64 | 26.95 | 36.68 | 35.12 | 24.20 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
Elevance Health Inc., P/E, long-term trends, comparison to sector (health care equipment & services)
| Elevance Health Inc. | Health Care Equipment & Services | |
|---|---|---|
| Feb 21, 2024 | 19.80 | 22.70 |
| Feb 15, 2023 | 9,358,713.46 | 1,062,663.22 |
| Feb 16, 2022 | 18.13 | 25.01 |
| Feb 18, 2021 | 15.87 | 21.10 |
| Feb 19, 2020 | 15.96 | 21.63 |
| Feb 20, 2019 | 21.45 | 31.74 |
| Feb 21, 2018 | 15.44 | 22.89 |
| Feb 22, 2017 | 17.48 | 24.62 |
| Feb 19, 2016 | 12.99 | 19.64 |
| Feb 24, 2015 | 15.29 | 21.33 |
| Feb 20, 2014 | 9.95 | 15.35 |
| Feb 22, 2013 | 7.09 | 11.32 |
| Feb 22, 2012 | 8.36 | 13.97 |
| Feb 17, 2011 | 8.74 | 12.25 |
| Feb 18, 2010 | 5.53 | 11.53 |
| Feb 19, 2009 | 8.26 | 14.78 |
| Feb 21, 2008 | 12.02 | 17.67 |
| Feb 26, 2007 | 16.05 | 21.53 |
| Feb 23, 2006 | 20.66 | 22.11 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Elevance Health Inc., P/E, long-term trends, comparison to industry (health care)
| Elevance Health Inc. | Health Care | |
|---|---|---|
| Feb 21, 2024 | 19.80 | 30.09 |
| Feb 15, 2023 | 9,358,713.46 | 314,676.00 |
| Feb 16, 2022 | 18.13 | 19.87 |
| Feb 18, 2021 | 15.87 | 29.50 |
| Feb 19, 2020 | 15.96 | 21.10 |
| Feb 20, 2019 | 21.45 | 25.51 |
| Feb 21, 2018 | 15.44 | 29.68 |
| Feb 22, 2017 | 17.48 | 21.38 |
| Feb 19, 2016 | 12.99 | 19.10 |
| Feb 24, 2015 | 15.29 | 20.89 |
| Feb 20, 2014 | 9.95 | 18.14 |
| Feb 22, 2013 | 7.09 | 15.43 |
| Feb 22, 2012 | 8.36 | 15.48 |
| Feb 17, 2011 | 8.74 | 14.45 |
| Feb 18, 2010 | 5.53 | 11.43 |
| Feb 19, 2009 | 8.26 | 12.78 |
| Feb 21, 2008 | 12.02 | 18.99 |
| Feb 26, 2007 | 16.05 | 18.38 |
| Feb 23, 2006 | 20.66 | 21.11 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).