Elevance Health P/S 2024

Elevance Health P/S

0.69

Elevance Health Dividend yield

1.17 %

Ticker

ELV

ISIN

US0367521038

WKN

A12FMV

As of May 31, 2024, Elevance Health's P/S ratio stood at 0.69, a 7.81% change from the 0.64 P/S ratio recorded in the previous year.

The Elevance Health P/S history

Elevance Health Aktienanalyse

What does Elevance Health do?

Anthem Inc is one of the largest health insurers in the USA. The company was founded in 1940 in Indianapolis, Indiana and has grown over the years to become a multi-state healthcare company with more than 41 million customers and a revenue of over $100 billion. The company offers health insurance for individuals and businesses. It is divided into two main areas: health insurance and medical services. Anthem Health Insurance Anthem offers various types of health insurance, including plans for individuals, families, and employers. The plans vary by state and can be HMOs (Health Maintenance Organization), PPOs (Preferred Provider Organization), or EPOs (Exclusive Provider Organization). Anthem Medicaid Anthem Medicaid is a program for needy Americans that varies from state to state. The company offers these plans in 19 states, including California, Georgia, Indiana, Ohio, and Virginia. It covers basics such as medication, doctor's appointments, hospital stays, prenatal care, and children's care. Anthem Medicare Advantage Anthem Medicare Advantage is health insurance for individuals who are 65 years or older or disabled and receive Medicare. It is offered as an alternative to traditional Medicare and includes benefits such as prescription drugs, dental and vision aids, and fitness programs. Anthem Blue Cross Blue Shield Anthem Blue Cross Blue Shield is a brand of Anthem and offers health insurance in 14 states. The plans can be HMOs, PPOs, or traditional indemnity plans and offer a variety of benefits, including prescription drugs, dentists, and vision aids. Anthem Medical Services Anthem also offers a wide range of medical services, including prescription drug management, collaboration with hospitals and doctors, and providing health programs for employers. Anthem Prescription Management Anthem Prescription Management offers medical services for the management of prescription drugs. This includes cost savings for employers and patients, as well as protection against drug abuse and misuse. Anthem Clinical Services Anthem Clinical Services offers a wide range of medical services. These include disease management for asthma, diabetes, heart failure, and COPD, patient support programs, and health risk screenings. Anthem Business Model Anthem has a business model based on providing health insurance and medical services to individuals and employers. The company offers a variety of plans that vary from state to state and are tailored to the needs of customers. Anthem focuses on improving health initiatives and offers its customers both digital and personal support. Anthem Innovations Anthem is committed to investing in novel technologies and digital applications to improve the health and well-being of its customers. These innovations include the use of telemedicine, wearables, and health data to better support its customers. Anthem Partnerships Anthem has partnerships with various companies to expand its reach and services. These include partnerships with CVS Health, Fortinet, and Walmart. These partnerships are aimed at lowering costs for patients while improving the quality of healthcare. Anthem and COVID-19 Anthem has committed to protecting and improving the health of its customers during the COVID-19 pandemic. The company has expanded its telemedicine policy and offers virtual doctor visits to customers. Additionally, the company provides resources and support to customers to help them during these difficult times. In conclusion, Anthem Inc is a major health insurer in the USA that offers health insurance and medical services to individuals and employers. The company has a comprehensive portfolio of plans and medical services tailored to the needs of customers. Anthem has also committed to investing in innovations and digital applications to improve the healthcare of its customers. Elevance Health ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Elevance Health's P/S Ratio

Elevance Health's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Elevance Health's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Elevance Health's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Elevance Health’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Elevance Health Stock

What is the price-to-earnings ratio of Elevance Health?

The price-earnings ratio of Elevance Health is currently 0.69.

How has the price-earnings ratio of Elevance Health changed compared to last year?

The price-to-earnings ratio of Elevance Health has increased by 7.81% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Elevance Health high compared to other companies?

Yes, the price-to-earnings ratio of Elevance Health is high compared to other companies.

How does an increase in the price-earnings ratio of Elevance Health affect the company?

An increase in the price-earnings ratio of Elevance Health would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Elevance Health affect the company?

A decrease in the price-earnings ratio of Elevance Health would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Elevance Health?

Some factors that influence the price-earnings ratio of Elevance Health are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Elevance Health pay?

Over the past 12 months, Elevance Health paid a dividend of 5.92 USD . This corresponds to a dividend yield of about 1.17 %. For the coming 12 months, Elevance Health is expected to pay a dividend of 6.69 USD.

What is the dividend yield of Elevance Health?

The current dividend yield of Elevance Health is 1.17 %.

When does Elevance Health pay dividends?

Elevance Health pays a quarterly dividend. This is distributed in the months of October, January, May, July.

How secure is the dividend of Elevance Health?

Elevance Health paid dividends every year for the past 17 years.

What is the dividend of Elevance Health?

For the upcoming 12 months, dividends amounting to 6.69 USD are expected. This corresponds to a dividend yield of 1.32 %.

In which sector is Elevance Health located?

Elevance Health is assigned to the 'Health' sector.

Wann musste ich die Aktien von Elevance Health kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Elevance Health from 6/25/2024 amounting to 1.63 USD, you needed to have the stock in your portfolio before the ex-date on 6/10/2024.

When did Elevance Health pay the last dividend?

The last dividend was paid out on 6/25/2024.

What was the dividend of Elevance Health in the year 2023?

In the year 2023, Elevance Health distributed 5.12 USD as dividends.

In which currency does Elevance Health pay out the dividend?

The dividends of Elevance Health are distributed in USD.

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Andere Kennzahlen von Elevance Health

Our stock analysis for Elevance Health Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Elevance Health Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.