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The Cigna Group (MEX:CI) Cyclically Adjusted PS Ratio : 0.92 (As of Sep. 20, 2024)


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What is The Cigna Group Cyclically Adjusted PS Ratio?

As of today (2024-09-20), The Cigna Group's current share price is MXN7257.59. The Cigna Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was MXN7,905.66. The Cigna Group's Cyclically Adjusted PS Ratio for today is 0.92.

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

MEX:CI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.16   Max: 1.94
Current: 0.84

During the past years, The Cigna Group's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.70. And the median was 1.16.

MEX:CI's Cyclically Adjusted PS Ratio is ranked better than
50% of 14 companies
in the Healthcare Plans industry
Industry Median: 0.92 vs MEX:CI: 0.84

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.

The Cigna Group's adjusted revenue per share data for the three months ended in Jun. 2024 was MXN3,900.371. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN7,905.66 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Cigna Group Cyclically Adjusted PS Ratio Historical Data

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

The Cigna Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.02 0.89 1.03 0.78

The Cigna Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted PS 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 0.79 0.77 0.78 0.90 0.78

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

For the Healthcare Plans subindustry, The Cigna 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.


The Cigna Group's Cyclically Adjusted PS Ratio Distribution in the Healthcare Plans Industry

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

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



The Cigna Group Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7257.59/7905.66
=0.92

* 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 Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, The Cigna Group's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3900.371/132.5538*132.5538
=3,900.371

Current CPI (Jun. 2024) = 132.5538.

The Cigna Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 442.212 100.428 583.672
201412 498.386 99.070 666.833
201503 552.446 99.621 735.073
201506 572.599 100.684 753.846
201509 608.997 100.392 804.101
201512 628.880 99.792 835.339
201603 655.792 100.470 865.207
201606 709.808 101.688 925.258
201609 735.445 101.861 957.050
201612 815.766 101.863 1,061.555
201703 759.179 102.862 978.319
201706 741.645 103.349 951.221
201709 751.172 104.136 956.164
201712 840.012 104.011 1,070.528
201803 841.161 105.290 1,058.976
201806 920.535 106.317 1,147.706
201809 883.444 106.507 1,099.498
201812 1,079.033 105.998 1,349.366
201903 1,940.685 107.251 2,398.545
201906 1,974.040 108.070 2,421.280
201909 2,033.335 108.329 2,488.025
201912 1,867.755 108.420 2,283.507
202003 2,429.429 108.902 2,957.076
202006 2,469.259 108.767 3,009.265
202009 2,465.873 109.815 2,976.471
202012 2,307.235 109.897 2,782.909
202103 2,379.448 111.754 2,822.304
202106 2,340.091 114.631 2,705.960
202109 2,701.732 115.734 3,094.371
202112 2,848.032 117.630 3,209.377
202203 2,707.254 121.301 2,958.399
202206 2,897.722 125.017 3,072.420
202209 2,956.513 125.227 3,129.506
202212 2,921.919 125.222 3,093.004
202303 2,800.877 127.348 2,915.377
202306 2,807.202 128.729 2,890.616
202309 2,874.551 129.860 2,934.192
202312 2,943.734 129.419 3,015.028
202403 3,210.681 131.776 3,229.627
202406 3,900.371 132.554 3,900.371

Add all the adjusted revenue per share together and divide 10 will get our 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.


The Cigna Group  (MEX:CI) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


The Cigna Group Cyclically Adjusted PS Ratio Related Terms

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


The Cigna Group Business Description

Industry
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 Headlines