P/E Ratio
Updated 392h ago
Sector Performance
25th percentileELV
16.3x
Sector Median
24.7x
Sector Avg
36.0x
Deep Analysis
The current P/E ratio of 16.3x means investors are paying $16.30 for every $1 of the company's trailing earnings, a measure used to gauge whether a stock is cheap or expensive compared to its profit.
This ratio sits well below the sector median of 24.6x, placing ELV in the 24th percentile among sector peers—indicating it trades at a lower valuation than roughly three-quarters of its industry peers. Trend data is limited: the year-over-year change is not available, but the quarter-over-quarter change shows a decline of 2.0% (from 16.7x to 16.3x). The combination of a low P/E relative to the sector and a slight recent downward movement suggests the stock may already be discounting some risk, though continued compression could signal further caution. This metric supports the overall NEUTRAL verdict by not pushing the stock into either a clear undervalued or overvalued camp, leaving room for other factors to determine direction.
Frequently Asked Questions
What does the P/E Ratio tell investors about ELV?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
Who are ELV's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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16.3x
Sector Median
24.7x
Sector Avg
36.0x
How ELV's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.