Elevance Health (WBO:ELV) 3-Year Book Growth Rate : 7.60% (As of Mar. 2024)

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What is Elevance Health 3-Year Book Growth Rate?

Elevance Health's Book Value per Share for the quarter that ended in Mar. 2024 was €160.65.

During the past 12 months, Elevance Health's average Book Value per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 7.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Elevance Health was 47.70% per year. The lowest was 4.10% per year. And the median was 9.70% per year.

Competitive Comparison of Elevance Health's 3-Year Book Growth Rate

For the Healthcare Plans subindustry, Elevance Health's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Elevance Health's 3-Year Book Growth Rate Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Elevance Health's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Elevance Health's 3-Year Book Growth Rate falls into.

Elevance Health 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Elevance Health (WBO:ELV) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Elevance Health 3-Year Book Growth Rate Related Terms

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Elevance Health (WBO:ELV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Elevance Health Inc (WBO:ELV) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

ELV:USA ELV:Mexico A58:Germany

Address

220 Virginia Avenue, Indianapolis, IN, USA, 46204

Website

https://www.elevancehealth.com

Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 48 million medical members as of June 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.