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CorVelCRVL +1.71%80 EV-to-EBITDA is 18.22 as of Sep. 02, 2026, which is 16% below its 10-year median of 21.81. GuruFocus rates CRVL with a GF Score™ of 80/100 and a GF Value™ of $103.67 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 344 Insurance companies, CorVel ranks worse than 85.47% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, CorVel's enterprise value is $3,355.7 Mil.
CorVel's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $184.1 Mil. Therefore, CorVel's EV-to-EBITDA for today is 18.22.
The historical rank and industry rank for CorVel's EV-to-EBITDA or its related term are showing as below:
CRVL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.97 Med: 21.81 Max: 48.77
Current: 18.22
During the past 13 years, the highest EV-to-EBITDA of CorVel was 48.77. The lowest was 8.97. And the median was 21.81.
CRVL's EV-to-EBITDA is ranked worse than 85.47% of 344
companies
in the Insurance industry
Industry Median: 8.135
vs CRVL: 18.22
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-09-02), CorVel's stock price is $70.93.
CorVel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $2.250. Therefore, CorVel's PE Ratio (TTM) for today is 31.52.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
CorVel's share price for today is $70.93.
CorVel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.250.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for CorVel's EV-to-EBITDA 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.
For the Insurance Brokers subindustry, CorVel's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
CorVel EV-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, CorVel's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where CorVel's EV-to-EBITDA falls into.
CorVel's current Enterprise Value is $3,355.7 Mil.
CorVel's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $184.1 Mil.
* 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.
CorVel (CRVL) has a EV-to-EBITDA of 18.22 as of Sep. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CorVel. This is 16% below median its historical median of 21.81. Over the past decade, CorVel's EV-to-EBITDA has ranged from 8.97 to 48.77. According to the industry distribution chart, CorVel ranks #294 out of 344 companies in the Insurance industry, placing it in the top 85.5%.
Is CorVel's EV-to-EBITDA too high?
CorVel's current EV-to-EBITDA of 18.22 is 16% below median its 10-year median of 21.81. Over the past 10 years, this metric has ranged from a low of 8.97 to a high of 48.77. The Insurance industry median EV-to-EBITDA is 8.14. CorVel's value of 18.22 is 124% above this industry median. Based on the distribution chart, CorVel ranks #294 out of 344 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, CorVel has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CorVel's EV-to-EBITDA compare to ARX and BWIN?
According to the Insurance industry distribution chart, CorVel ranks #294 out of 344 companies for EV-to-EBITDA. This places CorVel in the lower half of its industry. The industry median EV-to-EBITDA is 8.14. CorVel's value of 18.22 is 124% above this benchmark. Historically, CorVel's own EV-to-EBITDA has ranged from 8.97 to 48.77 over the past decade. While the company's 10-year median is 21.81 vs. the industry median of 8.14, CorVel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Insurance company?
The median EV-to-EBITDA among Insurance companies is 8.14, based on 344 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CorVel's current EV-to-EBITDA of 18.22 is 124% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CorVel. For the Insurance industry, the median EV-to-EBITDA is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CorVel's current EV-to-EBITDA is 18.22, which is 16% below median its own 10-year median of 21.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CorVel stock overvalued right now?
Based on GuruFocus' analysis, CorVel (CRVL) is currently considered Significantly Undervalued. The stock's GF Value™ is $103.67, compared to a current price of $70.93 — trading 31.6% below its estimated fair value. The current EV-to-EBITDA is 18.22, which is 16% below median its 10-year median of 21.81 and 124% above the Insurance industry median of 8.14. CorVel's overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For CorVel (CRVL), the current EV-to-EBITDA is 18.22 as of Sep. 02, 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 CorVel (CRVL) Overvalued in 2026?
Based on GuruFocus' analysis, CorVel stock appears to be undervalued.
The current stock price of $70.93 is trading 31.6% below its estimated GF Value™ of $103.67.
GuruFocus considers CorVel to be Significantly Undervalued.
Key valuation signals for CRVL:
EV-to-EBITDA: 18.22 (16% below median its 10-year median of 21.81)
GF Value™: $103.67 vs. price of $70.93 (31.6% below fair value)
Industry Position: 124% above the Insurance median (#294 of 344)
No single metric tells the full story. See the CRVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CorVel Corp applies technology including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies, and government agencies in managing worker's compensation and health, auto, and liability services. The company's solutions combine integrated technologies with a human touch providing services that include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, and medicare services.
80GF Score
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