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The Cigna Group (BSP:C1IC34) Shiller PE Ratio : 24.31 (As of Apr. 29, 2024)


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What is The Cigna Group Shiller PE Ratio?

As of today (2024-04-29), The Cigna Group's current share price is R$452.65. The Cigna Group's E10 for the quarter that ended in Dec. 2023 was R$18.62. The Cigna Group's Shiller PE Ratio for today is 24.31.

The historical rank and industry rank for The Cigna Group's Shiller PE Ratio or its related term are showing as below:

BSP:C1IC34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.23   Med: 22.44   Max: 37.09
Current: 22.97

During the past years, The Cigna Group's highest Shiller PE Ratio was 37.09. The lowest was 16.23. And the median was 22.44.

BSP:C1IC34's Shiller PE Ratio is ranked worse than
54.55% of 11 companies
in the Healthcare Plans industry
Industry Median: 22.97 vs BSP:C1IC34: 22.97

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

The Cigna Group's adjusted earnings per share data for the three months ended in Dec. 2023 was R$4.275. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$18.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Cigna Group Shiller PE Ratio Historical Data

The historical data trend for The Cigna Group's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Cigna Group Shiller PE Ratio Chart

The Cigna Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.23 20.89 19.61 23.84 19.41

The Cigna Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.84 17.58 18.77 18.70 19.41

Competitive Comparison of The Cigna Group's Shiller PE Ratio

For the Healthcare Plans subindustry, The Cigna Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Cigna Group's Shiller PE Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The Cigna Group's Shiller PE Ratio falls into.



The Cigna Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

The Cigna Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=452.65/18.62
=24.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Cigna Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, The Cigna Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.275/129.4194*129.4194
=4.275

Current CPI (Dec. 2023) = 129.4194.

The Cigna Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.116 99.695 1.449
201406 1.185 100.560 1.525
201409 1.175 100.428 1.514
201412 1.176 99.070 1.536
201503 1.602 99.621 2.081
201506 1.758 100.684 2.260
201509 2.049 100.392 2.641
201512 1.591 99.792 2.063
201603 1.849 100.470 2.382
201606 1.686 101.688 2.146
201609 1.431 101.861 1.818
201612 1.233 101.863 1.567
201703 1.798 102.862 2.262
201706 2.595 103.349 3.250
201709 1.731 104.136 2.151
201712 0.906 104.011 1.127
201803 3.049 105.290 3.748
201806 3.102 106.317 3.776
201809 3.225 106.507 3.919
201812 0.388 105.998 0.474
201903 3.418 107.251 4.125
201906 3.567 108.070 4.272
201909 3.677 108.329 4.393
201912 2.678 108.420 3.197
202003 3.848 108.902 4.573
202006 6.135 108.767 7.300
202009 5.103 109.815 6.014
202012 14.534 109.897 17.116
202103 4.649 111.754 5.384
202106 5.343 114.631 6.032
202109 6.335 115.734 7.084
202112 4.849 117.630 5.335
202203 4.640 121.301 4.951
202206 6.171 125.017 6.388
202209 11.759 125.227 12.153
202212 5.019 125.222 5.187
202303 5.521 127.348 5.611
202306 5.970 128.729 6.002
202309 5.852 129.860 5.832
202312 4.275 129.419 4.275

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


The Cigna Group  (BSP:C1IC34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


The Cigna Group Shiller PE Ratio Related Terms

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The Cigna Group (BSP:C1IC34) Business Description

Traded in Other Exchanges
Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.

The Cigna Group (BSP:C1IC34) Headlines

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