Elevance Health (XTER:A58) E10: €20.00 (As of Mar. 2026)


XTER:A58 Elevance Health Inc XTER:A58
89 GF Score
Price €343.40
GF Value €441.91
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Elevance Health E10?

Elevance Health XTER:A58 +1.21% 89 E10 is €20.00 as of Mar. 2026. GuruFocus rates XTER:A58 with a GF Score™ of 89/100 and a GF Value™ of €441.91 (Modestly Undervalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Elevance Health's adjusted earnings per share data for the three months ended in Mar. 2026 was €6.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €20.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Elevance Health's average E10 Growth Rate was 8.50% per year. During the past 3 years, the average E10 Growth Rate was 10.10% per year. During the past 5 years, the average E10 Growth Rate was 13.10% per year. During the past 10 years, the average E10 Growth Rate was 12.20% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Elevance Health was 16.00% per year. The lowest was 7.60% per year. And the median was 10.10% per year.

As of today (2026-06-27), Elevance Health's current stock price is €343.40. Elevance Health's E10 for the quarter that ended in Mar. 2026 was €20.00. Elevance Health's Shiller PE Ratio of today is 17.17.

During the past 13 years, the highest Shiller PE Ratio of Elevance Health was 33.04. The lowest was 12.15. And the median was 24.61.


Elevance Health  (XTER:A58) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Elevance Health's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=343.40/20.00
=17.17

* 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 Shiller P/E Ratio of Elevance Health was 33.04. The lowest was 12.15. And the median was 24.61.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Elevance Health E10 Related Terms


Elevance Health E10 Historical Data

* Premium members only.

The historical data trend for Elevance Health's E10 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.

Elevance Health E10 Chart

Elevance Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.25 16.09 17.60 24.76 19.37

Elevance Health Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 21.81 24.98 30.55 19.37 20.00

XTER:A58 vs CI, CVS, HUM: E10 Comparison

For the Healthcare Plans subindustry, Elevance Health's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Healthcare Plans Industry

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

* The bar in red indicates where Elevance Health's Shiller PE Ratio falls into.


XTER:A58
89GF Score
Elevance Health Inc XTER:A58
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elevance Health E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.92/330.2130*330.2130
=6.920

Current CPI (Mar. 2026) = 330.2130.

Elevance Health Quarterly Data

per share eps CPI Adj_EPS
201606 2.590 241.018 3.548
201609 2.049 241.428 2.803
201612 1.299 241.432 1.777
201703 3.488 243.801 4.724
201706 2.812 244.955 3.791
201709 2.349 246.819 3.143
201712 3.946 246.524 5.286
201803 4.047 249.554 5.355
201806 3.407 251.989 4.465
201809 3.102 252.439 4.058
201812 1.415 251.233 1.860
201903 5.230 254.202 6.794
201906 3.859 256.143 4.975
201909 4.131 256.759 5.313
201912 3.258 256.974 4.187
202003 5.376 258.115 6.878
202006 7.912 257.797 10.135
202009 0.739 260.280 0.938
202012 1.800 260.474 2.282
202103 5.636 264.877 7.026
202106 6.018 271.696 7.314
202109 5.211 274.310 6.273
202112 4.098 278.802 4.854
202203 6.647 287.504 7.634
202206 6.367 296.311 7.095
202209 6.686 296.808 7.438
202212 3.710 296.797 4.128
202303 7.752 301.836 8.481
202306 7.190 305.109 7.782
202309 5.107 307.789 5.479
202312 3.329 306.746 3.584
202403 8.823 312.332 9.328
202406 9.151 314.175 9.618
202409 3.928 315.301 4.114
202412 1.729 315.605 1.809
202503 8.889 319.799 9.178
202506 6.693 322.561 6.852
202509 4.533 324.800 4.609
202512 2.109 324.054 2.149
202603 6.920 330.213 6.920

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €20.00 mean?
Elevance Health (XTER:A58) has a E10 of €20.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Elevance Health and its competitors.
Is Elevance Health's E10 too high?
Elevance Health's current E10 is €20.00. Overall, Elevance Health has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elevance Health's E10 compare to CI and CVS?
Elevance Health's E10 of €20.00 can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Healthcare Plans company?
A good E10 depends on the Healthcare Plans industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Elevance Health and its competitors. Elevance Health's current E10 is €20.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elevance Health stock overvalued right now?
Based on GuruFocus' analysis, Elevance Health (XTER:A58) is currently considered Modestly Undervalued. The stock's GF Value™ is €441.91, compared to a current price of €343.40 — trading 22.3% below its estimated fair value. The current E10 is €20.00. Elevance Health's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Elevance Health (XTER:A58), the current E10 is €20.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elevance Health (XTER:A58) Overvalued in 2026?

Based on GuruFocus' analysis, Elevance Health stock appears to be undervalued. The current stock price of €343.40 is trading 22.3% below its estimated GF Value™ of €441.91. GuruFocus considers Elevance Health to be Modestly Undervalued.

Key valuation signals for XTER:A58:

  • E10: €20.00
  • GF Value™: €441.91 vs. price of €343.40 (22.3% below fair value)
  • GF Score™: 89/100 with 7 warning signs

No single metric tells the full story. See the XTER:A58 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elevance Health Business Description

Address 220 Virginia Avenue, Indianapolis, IN, USA, 46204
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 45 million medical members at the end of 2025. 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 in 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.
89GF Score

Get the complete analysis for XTER:A58

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€343.40
Price
€441.91
GF Value