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Elevance Health (WBO:ELV) Shiller PE Ratio : 19.14 (As of Dec. 12, 2024)


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What is Elevance Health Shiller PE Ratio?

As of today (2024-12-12), Elevance Health's current share price is €364.70. Elevance Health's E10 for the quarter that ended in Sep. 2024 was €19.05. Elevance Health's Shiller PE Ratio for today is 19.14.

The historical rank and industry rank for Elevance Health's Shiller PE Ratio or its related term are showing as below:

WBO:ELV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.3   Med: 24.61   Max: 33.04
Current: 18.12

During the past years, Elevance Health's highest Shiller PE Ratio was 33.04. The lowest was 14.30. And the median was 24.61.

WBO:ELV's Shiller PE Ratio is ranked worse than
61.54% of 13 companies
in the Healthcare Plans industry
Industry Median: 16.84 vs WBO:ELV: 18.12

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.

Elevance Health's adjusted earnings per share data for the three months ended in Sep. 2024 was €3.928. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €19.05 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elevance Health Shiller PE Ratio Historical Data

The historical data trend for Elevance Health's Shiller PE Ratio 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 Shiller PE Ratio Chart

Elevance Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.88 25.96 31.16 29.71 24.43

Elevance Health Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shiller PE Ratio 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 22.83 24.43 25.55 25.73 24.44

Competitive Comparison of Elevance Health's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



Elevance Health Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=364.70/19.05
=19.14

* 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 E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Elevance Health's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3.928/133.0289*133.0289
=3.928

Current CPI (Sep. 2024) = 133.0289.

Elevance Health Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.468 99.070 1.971
201503 2.855 99.621 3.812
201506 2.789 100.684 3.685
201509 2.165 100.392 2.869
201512 0.624 99.792 0.832
201603 2.362 100.470 3.127
201606 2.590 101.688 3.388
201609 2.049 101.861 2.676
201612 1.299 101.863 1.696
201703 3.488 102.862 4.511
201706 2.812 103.349 3.620
201709 2.349 104.136 3.001
201712 3.946 104.011 5.047
201803 4.047 105.290 5.113
201806 3.407 106.317 4.263
201809 3.102 106.507 3.874
201812 1.415 105.998 1.776
201903 5.230 107.251 6.487
201906 3.859 108.070 4.750
201909 4.131 108.329 5.073
201912 3.258 108.420 3.997
202003 5.376 108.902 6.567
202006 7.912 108.767 9.677
202009 0.739 109.815 0.895
202012 1.800 109.897 2.179
202103 5.636 111.754 6.709
202106 6.018 114.631 6.984
202109 5.211 115.734 5.990
202112 4.098 117.630 4.634
202203 6.647 121.301 7.290
202206 6.367 125.017 6.775
202209 6.686 125.227 7.103
202212 3.710 125.222 3.941
202303 7.752 127.348 8.098
202306 7.190 128.729 7.430
202309 5.107 129.860 5.232
202312 3.329 129.419 3.422
202403 8.823 131.776 8.907
202406 9.151 132.554 9.184
202409 3.928 133.029 3.928

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


Elevance Health  (WBO:ELV) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Elevance Health Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Elevance Health's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Elevance Health Business Description

Address
220 Virginia Avenue, Indianapolis, IN, USA, 46204
Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 47 million medical members as of December 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.