ELV

Stock

Elevance Health, Inc.

Worth a look

Bigger than its usual dip. Not yet rare.

Elevance Health, Inc. is 23.6% off its high — deeper than its 4.7% average pullback, but it has been through 176 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $420.39 · as of Jul 9, 2026All-time high $550.54Drawdown -23.6%Severity Score™ 4.9
🟡

Significant

Current Drawdown

-23.6%

Days in Drawdown

674

Avg Max Drawdown

4.7%

Avg Length

45

Drawdown Severity Score™

4.9

ELV - Price & High Water Mark

ELV - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within ELV's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

0.46xTypical Range · 39th percentile
Low: 0.24xMedian: 0.53xHigh: 1.1x

20 years of daily history

58.2% below its highest Price to Sales reading · 1.5x typical multiple drawdown · high date July 25, 2006

Price to Sales history

EV to EBITDA

12.8xAbove Typical · 83rd percentile
Low: 3.2xMedian: 10.0xHigh: 15.6x

20 years of daily history

17.7% below its highest EV to EBITDA reading · 1.3x typical multiple drawdown · high date August 4, 2021

EV to EBITDA history · log scale

How we measure valuation

Elevance Health, Inc. (ELV) Analysis: Current Drawdown Insights

Elevance Health, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $420.39, which represents a 23.6% decline from its all-time high of $550.54. This drawdown has persisted for 674 days.

Based on its full tracked price history, Elevance Health, Inc. typically experiences drawdowns averaging 4.7% in depth, with an average duration of 45 days. Elevance Health, Inc. has gone through 176 total drawdown events in its tracked history. The largest drawdown on record for Elevance Health, Inc. was 67.2%, beginning in 2007. The longest drawdown duration on record was 2031 days.

The Drawdown Severity Score™ for Elevance Health, Inc. currently stands at 4.87. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Elevance Health, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 176 tracked pullbacks (61 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2024-09-03Ongoing674 days-23.6%$550.54$420.39n/a
2024-07-172024-08-3045 days-9.6%$541.59$489.67$545.26
2024-05-232024-07-1655 days-7.7%$534.73$493.46$541.59
2024-05-202024-05-223 days-1.1%$534.65$528.70$534.73
2024-04-262024-05-1520 days-2.7%$526.81$512.32$527.11
2022-11-012024-04-25542 days-23.6%$523.96$400.38$526.81
2022-10-272022-10-282 days-0.4%$511.32$509.45$520.97
2022-04-212022-10-26189 days-15.9%$505.10$424.66$511.32
2022-04-112022-04-2010 days-2.1%$496.36$485.81$505.10
2022-03-312022-04-067 days-2.6%$479.02$466.49$483.20
2022-03-182022-03-258 days-3.3%$455.80$440.59$458.31
2022-03-072022-03-1710 days-4.7%$453.30$432.09$455.80
2022-02-102022-03-0322 days-5.6%$444.90$420.00$445.87
2021-12-302022-02-0942 days-8.4%$444.58$407.29$444.90
2021-12-172021-12-226 days-1.9%$425.77$417.76$431.50
2021-11-152021-12-1531 days-9.4%$414.28$375.50$421.66
2021-10-272021-11-1217 days-3.7%$413.55$398.34$414.28
2021-05-112021-10-20163 days-10.5%$378.74$338.91$401.99
2021-05-052021-05-073 days-0.8%$369.10$366.32$373.71
2021-04-222021-05-0312 days-2.5%$362.66$353.65$364.30
2021-03-292021-04-1518 days-5.1%$349.91$331.89$351.12
2021-03-222021-03-243 days-0.8%$333.72$330.90$340.07
2021-03-172021-03-182 days-0.5%$323.77$322.21$332.96
2021-03-092021-03-124 days-1.5%$318.95$314.31$322.02
2021-01-122021-03-0856 days-15.1%$318.18$270.22$318.95
2021-01-082021-01-114 days-0.1%$316.88$316.60$318.18
2020-11-172021-01-0752 days-8.7%$311.98$284.87$316.88
2020-11-112020-11-122 days-1.6%$307.69$302.82$308.96
2020-11-052020-11-106 days-4.4%$307.03$293.41$307.69
2020-10-262020-11-0410 days-12.2%$291.02$255.47$307.03
2019-02-272020-10-23604 days-44.1%$290.80$162.49$291.02
2019-02-252019-02-262 days-0.8%$290.22$288.03$290.80
2019-02-212019-02-222 days-0.5%$286.70$285.19$290.22
2019-02-072019-02-159 days-3.0%$285.24$276.82$285.45
2019-02-052019-02-062 days-0.2%$278.69$278.09$285.24
2018-12-042019-01-3058 days-15.9%$270.71$227.58$272.60
2018-11-302018-12-034 days-0.7%$266.99$265.07$270.71
2018-11-082018-11-2821 days-4.2%$264.95$253.91$266.19
2018-10-192018-11-0720 days-6.3%$256.95$240.81$264.95
2018-10-102018-10-178 days-4.2%$255.12$244.33$255.48
2018-10-042018-10-085 days-0.5%$252.43$251.29$253.48
2018-10-022018-10-032 days-0.0%$252.39$252.32$252.43
2018-09-212018-10-0111 days-1.7%$250.49$246.23$252.39
2018-09-102018-09-2011 days-3.4%$248.46$239.96$250.49
2018-08-302018-09-057 days-1.3%$243.43$240.30$244.08
2018-08-172018-08-2812 days-1.5%$242.88$239.30$243.05
2018-08-152018-08-162 days-0.3%$241.46$240.73$242.88
2018-08-102018-08-134 days-0.4%$237.96$236.97$239.61
2018-08-072018-08-082 days-0.1%$235.23$235.08$237.42
2018-01-292018-08-02185 days-16.2%$233.75$195.85$233.77
2018-01-252018-01-262 days-0.6%$229.04$227.56$233.75
2015-06-232017-03-01618 days-30.8%$148.38$102.61$149.06
2014-09-252014-10-3137 days-10.6%$106.49$95.24$108.65
2013-12-032014-03-1299 days-9.9%$79.21$71.35$79.67
2007-12-262013-07-182031 days-67.2%$72.06$23.65$72.58
2007-05-212007-12-06200 days-12.5%$68.33$59.80$69.16
2005-12-302007-02-06404 days-15.6%$64.25$54.21$64.37
2004-04-132004-11-15217 days-23.0%$38.09$29.32$38.75
2003-06-192004-02-02229 days-20.5%$32.94$26.19$33.46
2002-06-132003-05-20342 days-27.3%$29.96$21.77$29.98
2002-05-062002-06-0531 days-10.4%$28.86$25.87$28.91
2001-12-052002-01-1138 days-11.5%$20.68$18.31$20.68

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Elevance Health, Inc. (ELV) is trading at $420.39 as of Jul 9, 2026. It is 23.6% below its high of $550.54. The drawdown has lasted 674 days. Severity score: 4.9 (Significant).

ELV Price History and Drawdown Data

Latest price

$420.39

High-water mark

$550.54

Current drawdown

-23.6%

Days in drawdown

674

This ELV page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Elevance Health, Inc. drawdowns.

What History Says About ELV

Elevance Health, Inc. has dropped 20%+ from its high 7 times in its tracked history. These events lasted an average of 655 days with an average max drop of -33.8%.

The current drawdown of -23.6% has lasted 674 days, which is 1.0x the average duration of comparable events.

PeriodMax DropDuration
Dec 2007 to Jul 2013-67.2%2031 days
Feb 2019 to Oct 2020-44.1%604 days
Jun 2015 to Mar 2017-30.8%618 days
Jun 2002 to May 2003-27.3%342 days
Nov 2022 to Apr 2024-23.6%542 days
Apr 2004 to Nov 2004-23.0%217 days

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