Cigna (LIM:CI) 3-Year Book Growth Rate : 3.70% (As of Dec. 2023)

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What is Cigna 3-Year Book Growth Rate?

Cigna's Book Value per Share for the quarter that ended in Dec. 2023 was $146.41.

During the past 12 months, Cigna's average Book Value per Share Growth Rate was 5.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was 18.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Cigna was 36.20% per year. The lowest was -8.00% per year. And the median was 7.50% per year.

Competitive Comparison of Cigna's 3-Year Book Growth Rate

For the Healthcare Plans subindustry, Cigna's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Cigna's 3-Year Book Growth Rate Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Cigna's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Cigna's 3-Year Book Growth Rate falls into.

Cigna 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Cigna (LIM:CI) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Cigna 3-Year Book Growth Rate Related Terms

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Cigna (LIM:CI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Cigna Corp (LIM:CI) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

CI:USA CI:Mexico CGN:Germany C1IC34:Brazil CIGN:Austria

Address

900 Cottage Grove Road, Bloomfield, CT, USA, 06002

Website

https://www.cigna.com

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.