As at Jul 25, 2024, the CNO stock has a PE ratio of 8.84. This is based on the current EPS of $3.48 and the stock price of $30.75 per share. A decrease of 8% has been seen in the P/E ratio compared to the average of 9.6 of the last 4 quarters.
The mean historical PE ratio of CNO Financial Group over the last ten years is 12.49. The current 8.84 PE ratio is 29% below the historical average. Over the past ten years, CNO's PE ratio was at its highest in the Dec 2014 quarter at 71.75, with a price of $17.22 and an EPS of $0.24. The Sep 2022 quarter recorded the bottom point at 2.55, with a price of $17.97 and an EPS of $7.06.
Maximum annual increase: 776.07% in 2014
Maximum annual decrease: -80.99% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.43 | 172.79% |
| 2022 | 4.19 | -21.97% |
| 2021 | 5.37 | -48.81% |
| 2020 | 10.49 | 51.59% |
| 2019 | 6.92 | N/A |
| 2018 | N/A | N/A |
| 2017 | 23.97 | 154.19% |
| 2016 | 9.43 | -30.87% |
| 2015 | 13.64 | -80.99% |
| 2014 | 71.75 | 776.07% |
CNO's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peers MET and AFL, CNO's PE ratio stands lower, however it is higher than UNM's and LNC's. CNO Financial Group's PE ratio is trading below the peer group average of 13.21.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LNC Lincoln National Corp | 4.45 | $5.6B |
| UNM Unum Group | 7.86 | $10.08B |
| CNO CNO Financial Group Inc | 8.96 | $3.37B |
| AFL Aflac Inc | 10.37 | $53.88B |
| AIZ Assurant Inc | 12.02 | $9B |
| PFG Principal Financial Group Inc | 14.99 | $19.11B |
| RGA Reinsurance Group Of America Inc | 16.99 | $14.58B |
| MET Metlife Inc | 26.03 | $54.05B |
The price to earnings ratio for CNO stock as of Jul 25, 2024, stands at 8.84.
Over the last 3 years, the average price to earnings ratio for CNO stock is 6.49.
Over the last 5 years, the average price to earnings ratio for CNO stock is 7.15.
The highest quarterly PE ratio in the last ten years has been 71.75 and it was in the Dec 2014 quarter.
CNO's current price to earnings ratio is 29% below its 10-year historical average.
CNO's PE ratio of 8.84 is considered low because the company's stock price is trading at a lower multiple of earnings.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), CNO Financial Group's stock price is $30.75. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.48. Therefore, CNO Financial Group's P/E ratio for today is 8.84. PE RATIO(8.84) = STOCK PRICE($30.75) / TTM EPS($3.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.