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Elevance Health (MEX:ELV) Cyclically Adjusted Book per Share : MXN3,032.25 (As of Mar. 2025)


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What is Elevance Health Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Elevance Health's adjusted book value per share for the three months ended in Mar. 2025 was MXN3,853.621. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN3,032.25 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Elevance Health's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Elevance Health was 15.80% per year. The lowest was 8.70% per year. And the median was 9.90% per year.

As of today (2025-05-28), Elevance Health's current stock price is MXN8000.00. Elevance Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN3,032.25. Elevance Health's Cyclically Adjusted PB Ratio of today is 2.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elevance Health was 4.28. The lowest was 1.67. And the median was 3.01.


Elevance Health Cyclically Adjusted Book per Share Historical Data

The historical data trend for Elevance Health's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Elevance Health Cyclically Adjusted Book per Share Chart

Elevance Health Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,962.06 2,349.74 2,523.06 2,486.00 3,129.89

Elevance Health Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,337.23 2,622.11 2,921.80 3,129.89 3,032.25

Competitive Comparison of Elevance Health's Cyclically Adjusted Book per Share

For the Healthcare Plans subindustry, Elevance Health's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Elevance Health's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Elevance Health's Cyclically Adjusted PB Ratio falls into.


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Elevance Health Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Elevance Health's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3853.621/134.9266*134.9266
=3,853.621

Current CPI (Mar. 2025) = 134.9266.

Elevance Health Quarterly Data

Book Value per Share CPI Adj_Book
201506 1,383.372 100.684 1,853.858
201509 1,504.215 100.392 2,021.671
201512 1,516.790 99.792 2,050.811
201603 1,542.148 100.470 2,071.026
201606 1,703.049 101.688 2,259.720
201609 1,816.434 101.861 2,406.076
201612 1,962.088 101.863 2,598.968
201703 1,853.379 102.862 2,431.118
201706 1,815.989 103.349 2,370.850
201709 1,829.451 104.136 2,370.386
201712 2,032.550 104.011 2,636.690
201803 1,920.407 105.290 2,460.967
201806 2,169.782 106.317 2,753.669
201809 2,101.723 106.507 2,662.540
201812 2,177.200 105.998 2,771.396
201903 2,261.093 107.251 2,844.570
201906 2,311.665 108.070 2,886.153
201909 2,437.372 108.329 3,035.799
201912 2,365.908 108.420 2,944.324
202003 2,948.724 108.902 3,653.405
202006 3,154.400 108.767 3,913.055
202009 3,004.076 109.815 3,691.027
202012 2,691.083 109.897 3,303.997
202103 2,825.149 111.754 3,410.942
202106 2,853.670 114.631 3,358.905
202109 3,025.861 115.734 3,527.642
202112 3,059.651 117.630 3,509.564
202203 2,970.454 121.301 3,304.122
202206 3,001.291 125.017 3,239.197
202209 3,029.434 125.227 3,264.095
202212 2,969.404 125.222 3,199.535
202303 2,839.739 127.348 3,008.739
202306 2,776.974 128.729 2,910.677
202309 2,849.154 129.860 2,960.328
202312 2,862.603 129.419 2,984.416
202403 2,898.109 131.776 2,967.395
202406 3,333.061 132.554 3,392.725
202409 3,716.392 133.029 3,769.408
202412 3,787.820 133.157 3,838.156
202503 3,853.621 134.927 3,853.621

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Elevance Health  (MEX:ELV) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Elevance Health's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8000.00/3032.25
=2.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elevance Health was 4.28. The lowest was 1.67. And the median was 3.01.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Elevance Health Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Elevance Health's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Elevance Health Business Description

Industry
Traded in Other Exchanges
Address
220 Virginia Avenue, Indianapolis, IN, USA, 46204
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 46 million medical members as of December 2024. 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. It is also an emerging player in pharmacy benefit management and other healthcare services.