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The Cigna Group (WBO:CIGN) Shiller PE Ratio : 21.71 (As of May. 22, 2024)


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What is The Cigna Group Shiller PE Ratio?

As of today (2024-05-22), The Cigna Group's current share price is €310.45. The Cigna Group's E10 for the quarter that ended in Mar. 2024 was €14.30. The Cigna Group's Shiller PE Ratio for today is 21.71.

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

WBO:CIGN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.23   Med: 22.45   Max: 37.09
Current: 21.9

During the past years, The Cigna Group's highest Shiller PE Ratio was 37.09. The lowest was 16.23. And the median was 22.45.

WBO:CIGN's Shiller PE Ratio is ranked worse than
61.54% of 13 companies
in the Healthcare Plans industry
Industry Median: 18.68 vs WBO:CIGN: 21.90

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 Mar. 2024 was €-0.892. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €14.30 for the trailing ten years ended in Mar. 2024.

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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.58 18.77 18.70 19.41 23.65

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
=310.45/14.3
=21.71

* 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 Mar. 2024 is calculated as:

For example, The Cigna Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.892/131.7762*131.7762
=-0.892

Current CPI (Mar. 2024) = 131.7762.

The Cigna Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.560 100.560 2.044
201409 1.560 100.428 2.047
201412 1.444 99.070 1.921
201503 1.885 99.621 2.493
201506 2.014 100.684 2.636
201509 1.871 100.392 2.456
201512 1.506 99.792 1.989
201603 1.796 100.470 2.356
201606 1.753 101.688 2.272
201609 1.568 101.861 2.029
201612 1.394 101.863 1.803
201703 2.150 102.862 2.754
201706 2.804 103.349 3.575
201709 1.854 104.136 2.346
201712 0.929 104.011 1.177
201803 3.017 105.290 3.776
201806 2.816 106.317 3.490
201809 2.691 106.507 3.329
201812 0.352 105.998 0.438
201903 3.151 107.251 3.872
201906 3.275 108.070 3.993
201909 3.242 108.329 3.944
201912 2.349 108.420 2.855
202003 2.851 108.902 3.450
202006 4.200 108.767 5.088
202009 3.209 109.815 3.851
202012 9.289 109.897 11.138
202103 2.772 111.754 3.269
202106 3.528 114.631 4.056
202109 4.080 115.734 4.646
202112 3.036 117.630 3.401
202203 3.387 121.301 3.679
202206 4.626 125.017 4.876
202209 9.060 125.227 9.534
202212 3.613 125.222 3.802
202303 3.960 127.348 4.098
202306 4.541 128.729 4.649
202309 4.441 129.860 4.507
202312 3.200 129.419 3.258
202403 -0.892 131.776 -0.892

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  (WBO:CIGN) 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 (WBO:CIGN) 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 (WBO:CIGN) Headlines

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