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CNO Financial Group (CNO Financial Group) Cyclically Adjusted Revenue per Share : $31.63 (As of Mar. 2024)


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What is CNO Financial Group Cyclically Adjusted Revenue per Share?

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 similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

CNO Financial Group's adjusted revenue per share for the three months ended in Mar. 2024 was $10.433. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $31.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CNO Financial Group's average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of CNO Financial Group was 10.30% per year. The lowest was -8.10% per year. And the median was 1.20% per year.

As of today (2024-05-17), CNO Financial Group's current stock price is $28.81. CNO Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $31.63. CNO Financial Group's Cyclically Adjusted PS Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CNO Financial Group was 1.26. The lowest was 0.43. And the median was 0.82.


CNO Financial Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CNO Financial Group's Cyclically Adjusted Revenue per Share 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.

CNO Financial Group Cyclically Adjusted Revenue per Share Chart

CNO Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.47 22.84 25.99 28.61 30.68

CNO Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 29.36 29.96 30.42 30.68 31.63

Competitive Comparison of CNO Financial Group's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, CNO Financial Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


CNO Financial Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CNO Financial Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CNO Financial Group's Cyclically Adjusted PS Ratio falls into.



CNO Financial Group Cyclically Adjusted Revenue per Share Calculation

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 similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, CNO Financial Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.433/131.7762*131.7762
=10.433

Current CPI (Mar. 2024) = 131.7762.

CNO Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.921 100.560 6.449
201409 4.488 100.428 5.889
201412 4.479 99.070 5.958
201503 4.781 99.621 6.324
201506 4.844 100.684 6.340
201509 4.702 100.392 6.172
201512 5.159 99.792 6.812
201603 5.273 100.470 6.916
201606 5.609 101.688 7.269
201609 5.781 101.861 7.479
201612 5.737 101.863 7.422
201703 6.116 102.862 7.835
201706 6.155 103.349 7.848
201709 6.316 104.136 7.992
201712 6.406 104.011 8.116
201803 5.940 105.290 7.434
201806 6.229 106.317 7.721
201809 9.001 106.507 11.137
201812 4.742 105.998 5.895
201903 6.307 107.251 7.749
201906 6.134 108.070 7.480
201909 6.080 108.329 7.396
201912 7.060 108.420 8.581
202003 4.918 108.902 5.951
202006 7.046 108.767 8.537
202009 7.151 109.815 8.581
202012 7.666 109.897 9.192
202103 7.362 111.754 8.681
202106 8.019 114.631 9.218
202109 7.505 115.734 8.545
202112 8.597 117.630 9.631
202203 6.966 121.301 7.568
202206 7.290 125.017 7.684
202209 7.809 125.227 8.217
202212 8.346 125.222 8.783
202303 8.783 127.348 9.088
202306 8.844 128.729 9.053
202309 8.278 129.860 8.400
202312 10.299 129.419 10.487
202403 10.433 131.776 10.433

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


CNO Financial Group  (NYSE:CNO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

CNO Financial Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.81/31.63
=0.91

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CNO Financial Group was 1.26. The lowest was 0.43. And the median was 0.82.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


CNO Financial Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of CNO Financial Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CNO Financial Group (CNO Financial Group) Business Description

Industry
Traded in Other Exchanges
Address
11825 N. Pennsylvania Street, Carmel, IN, USA, 46032
CNO Financial Group Inc is a holding company for a group of insurance companies that offers middle-income American consumers insurance and securities products through exclusive agents, independent producers, and direct marketing. Consumers are served through the phone, online, mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for the majority of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.
Executives
Jeanne L. Linnenbringer officer: EVP and COO 11825 N. PENNSYLVANIA ST., CARMEL IN 46032
Tarasi Rocco F Iii officer: Chief Marketing Officer C/O ITT EDUCATIONAL SERVICES INC, 13000 NORTH MERIDIAN STREET, CARMEL IN 46032
John R Kline officer: SVP & CAO 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Yvonne K Franzese officer: EVP and Chief HR Officer 200 LAKE STREET EAST, WAYZATA MN 55391
Karen Detoro officer: Chief Actuary and CRO C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
Scott L. Goldberg officer: President, Consumer Division 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Gary C Bhojwani director, officer: Chief Executive Officer 1 HORMEL PLACE, AUSTIN MN 55912
Steven E Shebik director 2775 SANDERS ROAD, NORTHBROOK IL 60062
Brown Archie M Jr director 255 E FIFTH STREET, CINCINNATI OH 45202
Adrianne Lee director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Matthew J. Zimpfer officer: EVP and General Counsel 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Michael E. Mead officer: EVP and CIO 11825 N. PENNSYLVANIA ST., CARMEL IN 46032
Frederick James Sievert director 260 SOUTH LAKE DRIVE, STAMFORD CT 06903
Chetlur S Ragavan director 230 PARK AVENUE, NEW YORK NY 10169
Dan Maurer director C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115