The current price-to-earnings ratio for Cigna stock as of Jul 25, 2024 is 27.69. This is calculated based on the current EPS of $12.32 and the stock price of $341.15 per share. The PE ratio has increased by 48% from the past four quarters average of 18.7.
The average historical PE ratio of Cigna for the last ten years is 15.57. The current P/E ratio of 27.69 is 78% higher than the historical average. In the past ten years, CI's PE ratio peaked in the Mar 2024 quarter at 29.48, when the stock price was $363.19 and the EPS was $12.32. The lowest point was in the Sep 2021 quarter, when it reached 8.39 with a price of $200.16 and an EPS of $23.87.
Maximum annual increase: 60.91% in 2021
Maximum annual decrease: -40.37% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.04 | 11.37% |
| 2022 | 15.3 | 5.88% |
| 2021 | 14.45 | 60.91% |
| 2020 | 8.98 | -40.37% |
| 2019 | 15.06 | -15.25% |
| 2018 | 17.77 | -21.96% |
| 2017 | 22.77 | 24.77% |
| 2016 | 18.25 | 1.9% |
| 2015 | 17.91 | 38.73% |
| 2014 | 12.91 | -22.09% |
CI's current P/E ratio is above the 3, 5 and 10-year averages.
In comparison to its peer UNH, CI's PE ratio is lower, but it is higher than HUM's and CNC's. Cigna's PE ratio is trading above the peer group average of 21.89.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNC Centene Corp | 14.39 | $39.01B |
| RGA Reinsurance Group Of America Inc | 16.99 | $14.58B |
| HUM Humana Inc | 24.1 | $47.31B |
| CI Cigna Corp | 27.89 | $97.62B |
| UNH Unitedhealth Group Inc | 34.34 | $524.36B |
The price to earnings ratio for CI stock as of Jul 25, 2024, stands at 27.69.
The average PE ratio for CI stock over the past 3 years is 15.25.
The average PE ratio for CI stock over the past 5 years is 13.91.
The highest quarterly PE ratio in the last ten years has been 29.48 and it was in the Mar 2024 quarter.
The current price to earnings ratio of CI is 78% higher than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Cigna's stock price is $341.15. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $12.32. Therefore, Cigna's PE ratio for today is 27.69. PE RATIO(27.69) = STOCK PRICE($341.15) / TTM EPS($12.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.