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CNO Financial Group (CNO Financial Group) Shiller PE Ratio : 12.68 (As of Apr. 24, 2024)


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CNO Financial Group Shiller PE Ratio Definition

As of today (2024-04-24), CNO Financial Group's current share price is $26.89. CNO Financial Group's E10 for the quarter that ended in Dec. 2023 was $2.12. CNO Financial Group's Shiller PE Ratio for today is 12.68.

The historical rank and industry rank for CNO Financial Group's Shiller PE Ratio or its related term are showing as below:

CNO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.99   Med: 18.18   Max: 973.5
Current: 12.68

During the past years, CNO Financial Group's highest Shiller PE Ratio was 973.50. The lowest was 3.99. And the median was 18.18.

CNO's Shiller PE Ratio is ranked better than
52.79% of 358 companies
in the Insurance industry
Industry Median: 13.065 vs CNO: 12.68

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.

CNO Financial Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CNO Financial Group Shiller PE Ratio Historical Data

The historical data trend for CNO Financial Group's Shiller PE 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.

CNO Financial Group Shiller PE Ratio Chart

CNO Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.81 17.67 15.40 10.96 13.15

CNO Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE 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 10.96 10.50 10.98 10.99 13.15

Competitive Comparison of CNO Financial Group's Shiller PE Ratio

For the Insurance - Life subindustry, CNO Financial Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution

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

* The bar in red indicates where CNO Financial Group's Shiller PE Ratio falls into.



CNO Financial Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

CNO Financial Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=26.89/2.12
=12.68

* 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.

CNO Financial Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, CNO Financial Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.32/129.4194*129.4194
=0.320

Current CPI (Dec. 2023) = 129.4194.

CNO Financial Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -1.030 99.695 -1.337
201406 0.350 100.560 0.450
201409 0.540 100.428 0.696
201412 0.410 99.070 0.536
201503 0.260 99.621 0.338
201506 0.240 100.684 0.308
201509 0.180 100.392 0.232
201512 0.730 99.792 0.947
201603 0.250 100.470 0.322
201606 0.330 101.688 0.420
201609 0.110 101.861 0.140
201612 1.340 101.863 1.703
201703 0.360 102.862 0.453
201706 0.480 103.349 0.601
201709 0.590 104.136 0.733
201712 -0.420 104.011 -0.523
201803 0.500 105.290 0.615
201806 0.610 106.317 0.743
201809 -3.220 106.507 -3.913
201812 0.170 105.998 0.208
201903 0.320 107.251 0.386
201906 0.240 108.070 0.287
201909 0.270 108.329 0.323
201912 1.840 108.420 2.196
202003 -0.150 108.902 -0.178
202006 0.570 108.767 0.678
202009 0.910 109.815 1.072
202012 0.800 109.897 0.942
202103 1.080 111.754 1.251
202106 0.580 114.631 0.655
202109 0.770 115.734 0.861
202112 0.930 117.630 1.023
202203 1.520 121.301 1.622
202206 1.990 125.017 2.060
202209 1.520 125.227 1.571
202212 0.370 125.222 0.382
202303 -0.010 127.348 -0.010
202306 0.640 128.729 0.643
202309 1.460 129.860 1.455
202312 0.320 129.419 0.320

Add all the adjusted EPS together and divide 10 will get our E10.

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.


CNO Financial Group  (NYSE:CNO) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


CNO Financial Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of CNO Financial Group's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CNO Financial Group (CNO Financial Group) Business Description

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