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CI (The Cigna Group) Cyclically Adjusted PB Ratio : 2.53 (As of Jul. 02, 2025)


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What is The Cigna Group Cyclically Adjusted PB Ratio?

As of today (2025-07-02), The Cigna Group's current share price is $320.39. The Cigna Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $126.68. The Cigna Group's Cyclically Adjusted PB Ratio for today is 2.53.

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

CI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.27   Med: 3.39   Max: 6.14
Current: 2.64

During the past years, The Cigna Group's highest Cyclically Adjusted PB Ratio was 6.14. The lowest was 2.27. And the median was 3.39.

CI's Cyclically Adjusted PB Ratio is ranked worse than
64.29% of 14 companies
in the Healthcare Plans industry
Industry Median: 2.315 vs CI: 2.64

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

The Cigna Group's adjusted book value per share data for the three months ended in Mar. 2025 was $149.111. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $126.68 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Cigna Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Cigna Group's Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Chart

The Cigna Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 2.86 3.45 2.72 2.25

The Cigna Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 3.17 2.81 2.88 2.25 2.60

Competitive Comparison of The Cigna Group's Cyclically Adjusted PB Ratio

For the Healthcare Plans subindustry, The Cigna Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Distribution in the Healthcare Plans Industry

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

* The bar in red indicates where The Cigna Group's Cyclically Adjusted PB Ratio falls into.


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The Cigna Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

The Cigna Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=320.39/126.68
=2.53

* 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 Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, The Cigna Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=149.111/134.9266*134.9266
=149.111

Current CPI (Mar. 2025) = 134.9266.

The Cigna Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 43.878 100.684 58.801
201509 45.734 100.392 61.467
201512 46.912 99.792 63.428
201603 49.442 100.470 66.398
201606 52.088 101.688 69.114
201609 54.464 101.861 72.144
201612 53.424 101.863 70.765
201703 55.555 102.862 72.873
201706 57.526 103.349 75.103
201709 57.168 104.136 74.072
201712 56.200 104.011 72.904
201803 58.356 105.290 74.782
201806 60.586 106.317 76.890
201809 63.880 106.507 80.926
201812 107.707 105.998 137.102
201903 110.920 107.251 139.543
201906 115.949 108.070 144.764
201909 119.515 108.329 148.859
201912 121.703 108.420 151.457
202003 122.099 108.902 151.278
202006 128.642 108.767 159.581
202009 132.575 109.815 162.891
202012 141.841 109.897 174.146
202103 139.846 111.754 168.843
202106 142.507 114.631 167.738
202109 143.075 115.734 166.801
202112 145.881 117.630 167.332
202203 144.699 121.301 160.953
202206 145.366 125.017 156.889
202209 147.579 125.227 159.011
202212 149.577 125.222 161.169
202303 150.192 127.348 159.130
202306 153.686 128.729 161.086
202309 155.782 129.860 161.861
202312 158.025 129.419 164.749
202403 144.996 131.776 148.462
202406 147.868 132.554 150.515
202409 150.426 133.029 152.572
202412 149.871 133.157 151.863
202503 149.111 134.927 149.111

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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  (NYSE:CI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


The Cigna Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of The Cigna Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Cigna Group Business Description

Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy 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 with the Department of Defense (current contract through 2029), and it recently won a multiyear deal with top-tier insurer Centene. In health insurance and other benefits, Cigna primarily serves employers through self-funding arrangements, and the company operates mostly in the US with 17 million US and 2 million international medical members covered as of December 2024.
Executives
Elder Granger director 5176 S. LEWISTON WAY, CENTENNIAL CO 80015
Noelle K Eder officer: EVP, CIO 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
David Cordani director, officer: President & CEO THE CIGNA GROUP, 900 COTTAGE GROVE ROAD, BLOOMFIELD CT 06002
Nicole S Jones officer: EVP, General Counsel 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Delaney William J Iii director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Michael W Triplett officer: President, US Markets 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Brian C Evanko officer: President Government Business 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Agoglia Hoeltzel Mary T officer: VP & Chief Accounting Officer 1601 CHESTNUT STREET, TWO LIBERTY PLACE, PHILADELPHIA PA 19192
Eric P Palmer officer: EVP, Chief Financial Officer 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Cynthia Ryan officer: EVP, CHRO 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Everett Neville officer: EVP, Strategy and Business Dev ONE EXPRESS WAY, ST. LOUIS MO 63121
Paul A Sanford officer: EVP Operations 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Phillip Ozuah director 30 HUDSON STREET, FLOOR 33, JERSEY CITY NJ 07302
Donna F Zarcone director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Jason D Sadler officer: Pres., International Markets 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192