Elevance Health (ELV)

P/B ratio as of November 2024 : 2.21

According to Elevance Health's latest financial reports the company has a price-to-book ratio of 0.556914.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Elevance Health - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.81	-17.03%
2022-12-31	3.39	9.24%
2021-12-31	3.10	30.7%
2020-12-31	2.37	-1.42%
2019-12-31	2.41	1.65%
2018-12-31	2.37	8.65%
2017-12-31	2.18	44.47%
2016-12-31	1.51	-4.55%
2015-12-31	1.58	13.78%
2014-12-31	1.39	26.99%
2013-12-31	1.09	40.29%
2012-12-31	0.7799	-21.19%
2011-12-31	0.9896	9.72%
2010-12-31	0.9020	-14.46%
2009-12-31	1.05	7.63%
2008-12-31	0.9797	-52.62%
2007-12-31	2.07	4.93%
2006-12-31	1.97	-6.83%
2005-12-31	2.12	18.27%
2004-12-31	1.79	3.95%
2003-12-31	1.72	5.27%
2002-12-31	1.63

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Elevance Health (ELV) - P/B ratio