Elevance Health (ELV) Price to Book (2009 - 2026)
Elevance Health's (ELV) Price to Book stood at 1.88 in Q3 2026, up 15.2% from 1.63 a year earlier and up 0.7% from the prior quarter.
Powered by 
Analysis
Elevance Health (ELV) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Elevance Health's Price to Book came in at 1.76, down 13.2% from FY2024.
- Annual Price to Book has declined for three straight years.
- Across earlier years, Price to Book came in at 2.03 in FY2024 (-27.4%), 2.79 in FY2023 (-17.0%), 3.36 in FY2022 (+8.3%) and 3.10 in FY2021 (+30.6%).
- The Q3 2026 figure is the highest quarterly Price to Book since Q2 2025.
- On a year-over-year basis, Price to Book rose in 1 of the last eight quarters, with an average decline of 20.6%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 30.6% in Q4 2021, against a decline of 40.8% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.86 (Q2 2026), 1.44 (Q1 2026) and 1.76 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 365.22 Bn | 251.88 Bn | 35.71 Bn |
| 2 | Mckesson | 127.33 Bn | 111.26 Bn | 3.96 Bn |
| 3 | Cvs Health | 114.34 Bn | 63.29 Bn | 47.21 Bn |
| 4 | Elevance Health | 92.86 Bn | -49.61 Bn | 13.65 Bn |
| 5 | Cigna | 78.25 Bn | 47.45 Bn | 15.09 Bn |
| 6 | Cencora | 68.51 Bn | 68.51 Bn | 3.60 Bn |
| 7 | Cardinal Health | 64.97 Bn | 48.29 Bn | 2.60 Bn |
| 8 | Humana | 54.10 Bn | -36.68 Bn | 4.83 Bn |
| 9 | Centene | 35.04 Bn | -39.00 Bn | 8.24 Bn |
| 10 | Molina Healthcare | 10.90 Bn | -24.10 Bn | 1.36 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.88 |
| Jun 30, 2026 | 1.86 |
| Mar 31, 2026 | 1.44 |
| Dec 31, 2025 | 1.76 |
| Sep 30, 2025 | 1.63 |
| Jun 30, 2025 | 1.99 |
| Mar 31, 2025 | 2.30 |
| Dec 31, 2024 | 2.03 |
| Sep 30, 2024 | 2.75 |
| Jun 30, 2024 | 2.97 |
| Mar 31, 2024 | 2.96 |
| Dec 31, 2023 | 2.79 |
| Sep 30, 2023 | 2.65 |
| Jun 30, 2023 | 2.74 |
| Mar 31, 2023 | 2.91 |
| Dec 31, 2022 | 3.36 |
| Sep 30, 2022 | 3.01 |
| Jun 30, 2022 | 3.23 |
| Mar 31, 2022 | 3.28 |
| Dec 31, 2021 | 3.10 |
API Access
Elevance Health Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ELV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ELV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();