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ELV (Elevance Health) Cyclically Adjusted Price-to-FCF : 16.00 (As of Jul. 01, 2025)


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What is Elevance Health Cyclically Adjusted Price-to-FCF?

As of today (2025-07-01), Elevance Health's current share price is $390.05. Elevance Health's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $24.38. Elevance Health's Cyclically Adjusted Price-to-FCF for today is 16.00.

The historical rank and industry rank for Elevance Health's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ELV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.97   Med: 22.82   Max: 34.97
Current: 15.95

During the past years, Elevance Health's highest Cyclically Adjusted Price-to-FCF was 34.97. The lowest was 14.97. And the median was 22.82.

ELV's Cyclically Adjusted Price-to-FCF is ranked worse than
83.33% of 12 companies
in the Healthcare Plans industry
Industry Median: 11.82 vs ELV: 15.95

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Elevance Health's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $3.614. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $24.38 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elevance Health Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Elevance Health's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Elevance Health Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.59 26.82 24.97 20.46 15.09

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 Price-to-FCF 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 21.94 23.17 21.43 15.09 17.84

Competitive Comparison of Elevance Health's Cyclically Adjusted Price-to-FCF

For the Healthcare Plans subindustry, Elevance Health's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Elevance Health's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Elevance Health's Cyclically Adjusted Price-to-FCF falls into.


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Elevance Health Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Elevance Health's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=390.05/24.38
=16.00

* 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.

Elevance Health's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.614/134.9266*134.9266
=3.614

Current CPI (Mar. 2025) = 134.9266.

Elevance Health Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 3.763 100.684 5.043
201509 0.612 100.392 0.823
201512 3.044 99.792 4.116
201603 4.644 100.470 6.237
201606 1.998 101.688 2.651
201609 2.982 101.861 3.950
201612 0.403 101.863 0.534
201703 9.469 102.862 12.421
201706 0.825 103.349 1.077
201709 8.188 104.136 10.609
201712 -5.992 104.011 -7.773
201803 7.599 105.290 9.738
201806 0.858 106.317 1.089
201809 0.950 106.507 1.203
201812 0.624 105.998 0.794
201903 5.322 107.251 6.695
201906 4.659 108.070 5.817
201909 5.369 108.329 6.687
201912 3.784 108.420 4.709
202003 9.013 108.902 11.167
202006 20.662 108.767 25.631
202009 -5.728 109.815 -7.038
202012 14.067 109.897 17.271
202103 9.271 111.754 11.193
202106 5.651 114.631 6.651
202109 9.130 115.734 10.644
202112 5.423 117.630 6.220
202203 9.358 121.301 10.409
202206 8.862 125.017 9.564
202209 19.071 125.227 20.548
202212 -7.526 125.222 -8.109
202303 25.732 127.348 27.263
202306 6.728 128.729 7.052
202309 9.700 129.860 10.078
202312 -13.994 129.419 -14.589
202403 7.254 131.776 7.427
202406 0.531 132.554 0.541
202409 10.060 133.029 10.204
202412 1.664 133.157 1.686
202503 3.614 134.927 3.614

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Elevance Health  (NYSE:ELV) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Elevance Health Cyclically Adjusted Price-to-FCF Related Terms

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


Elevance Health Business Description

Industry
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.
Executives
Mark Kaye officer: EVP & CFO Designate 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Ronald W Penczek officer: SVP, Chief Accounting Officer 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kendrick Charles Morgan Jr officer: EVP & President, Commercial 220 VIRGINIA AVE, INDIANAPOLIS IN 46204
Ramiro G Peru director WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46260
Gail Boudreaux director, officer: President and CEO GENZYME CORP., 500 KENDALL STREET, CAMBRIDGE MA 02142
Dixon Robert L Jr director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Felicia F Norwood officer: Exec VP & President, GBD 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Blair Williams Todt officer: EVP and Chief Legal Officer 8735 HENDERSON ROAD, TAMPA FL 33625
Gloria M Mccarthy officer: EVP, Office of the CEO WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Deanna D Strable-soethout director C/O PRINCIPAL FINANCIAL GROUP, 711 HIGH ST., DES MOINES IA 50392
Peter D Haytaian officer: EVP & Pres., Govt. Bus. Div. 220 VIRGINIA AVE, INDIANAPOLIS IN 46204
Susan D. Devore director C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Ryan M. Schneider director 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
John E Gallina officer: SVP & Chief Accounting Officer 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Julie A Hill director WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204

Elevance Health Headlines

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