The Cigna Group (XTER:CGN) Cyclically Adjusted Book per Share: €128.29 (As of Jun. 2026)

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XTER:CGN The Cigna Group XTER:CGN
74 GF Score
Price €250.60
GF Value €332.93
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is The Cigna Group Cyclically Adjusted Book per Share?

The Cigna Group XTER:CGN +0.40% 74 Cyclically Adjusted Book per Share is €128.29 as of Jun. 2026. GuruFocus rates XTER:CGN with a GF Score™ of 74/100 and a GF Value™ of €332.93 (Modestly Undervalued). The stock has 4 warning signs investors should review.

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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

The Cigna Group's adjusted book value per share for the three months ended in Jun. 2026 was €142.327. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €128.29 for the trailing ten years ended in Jun. 2026.

During the past 12 months, The Cigna Group's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 25.50% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The Cigna Group was 44.10% per year. The lowest was 1.70% per year. And the median was 8.70% per year.

As of today (2026-09-16), The Cigna Group's current stock price is €250.60. The Cigna Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €128.29. The Cigna Group's Cyclically Adjusted PB Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Cigna Group was 6.14. The lowest was 1.21. And the median was 2.01.


The Cigna Group  (XTER:CGN) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

The Cigna Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=250.60/128.292
=1.95

* 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 PB Ratio of The Cigna Group was 6.14. The lowest was 1.21. And the median was 2.01.


Be Aware

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


The Cigna Group Cyclically Adjusted Book per Share Related Terms


The Cigna Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for The Cigna Group's Cyclically Adjusted Book 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.

The Cigna Group Cyclically Adjusted Book per Share Chart

The Cigna Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.50 89.95 103.61 116.49 127.19

The Cigna Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book 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 116.32 119.08 120.70 124.95 128.29

XTER:CGN vs ELV, HUM, CNC: Cyclically Adjusted Book per Share Comparison

For the Healthcare Plans subindustry, The Cigna Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Healthcare Plans Industry

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

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


XTER:CGN
74GF Score
The Cigna Group XTER:CGN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Cigna Group Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, The Cigna Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=142.327/333.9520*333.9520
=142.327

Current CPI (Jun. 2026) = 333.9520.

The Cigna Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 48.727 241.428 67.401
201612 50.880 241.432 70.378
201703 52.158 243.801 71.445
201706 50.671 244.955 69.081
201709 48.535 246.819 65.669
201712 46.998 246.524 63.666
201803 47.643 249.554 63.756
201806 52.059 251.989 68.992
201809 55.127 252.439 72.928
201812 94.320 251.233 125.375
201903 98.454 254.202 129.342
201906 100.272 256.143 130.732
201909 109.828 256.759 142.847
201912 108.519 256.974 141.026
202003 111.381 258.115 144.106
202006 114.012 257.797 147.692
202009 110.796 260.280 142.157
202012 116.075 260.474 148.819
202103 114.750 264.877 144.675
202106 114.708 271.696 140.992
202109 114.285 274.310 139.133
202112 128.477 278.802 153.891
202203 130.186 287.504 151.218
202206 139.273 296.311 156.965
202209 150.952 296.808 169.843
202212 140.399 296.797 157.975
202303 138.533 301.836 153.273
202306 141.118 305.109 154.458
202309 147.380 307.789 159.908
202312 143.451 306.746 156.174
202403 134.719 312.332 144.044
202406 138.629 314.175 147.356
202409 135.598 315.301 143.619
202412 145.474 315.605 153.931
202503 138.620 319.799 144.755
202506 129.191 322.561 133.753
202509 134.121 324.800 137.900
202512 135.328 324.054 139.461
202603 139.055 330.213 140.630
202606 142.327 333.952 142.327

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €128.29 mean?
The Cigna Group (XTER:CGN) has a Cyclically Adjusted Book per Share of €128.29 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on The Cigna Group and its competitors.
Is The Cigna Group's Cyclically Adjusted Book per Share too high?
The Cigna Group's current Cyclically Adjusted Book per Share is €128.29. Overall, The Cigna Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Cigna Group's Cyclically Adjusted Book per Share compare to ELV and HUM?
The Cigna Group's Cyclically Adjusted Book per Share of €128.29 can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Healthcare Plans company?
A good Cyclically Adjusted Book per Share depends on the Healthcare Plans industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on The Cigna Group and its competitors. The Cigna Group's current Cyclically Adjusted Book per Share is €128.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cigna Group stock overvalued right now?
Based on GuruFocus' analysis, The Cigna Group (XTER:CGN) is currently considered Modestly Undervalued. The stock's GF Value™ is €332.93, compared to a current price of €250.60 — trading 24.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €128.29. The Cigna Group's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For The Cigna Group (XTER:CGN), the current Cyclically Adjusted Book per Share is €128.29 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Cigna Group (XTER:CGN) Overvalued in 2026?

Based on GuruFocus' analysis, The Cigna Group stock appears to be undervalued. The current stock price of €250.60 is trading 24.7% below its estimated GF Value™ of €332.93. GuruFocus considers The Cigna Group to be Modestly Undervalued.

Key valuation signals for XTER:CGN:

  • Cyclically Adjusted Book per Share: €128.29
  • GF Value™: €332.93 vs. price of €250.60 (24.7% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the XTER:CGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Cigna Group Business Description

Address 900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy 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 with the Department of Defense, and it recently won a multiyear deal with top-tier insurer Centene. In health insurance and other benefits, Cigna primarily serves employers through self-funding arrangements, and the company operates mostly in the US with 16 million US and 2 million international medical members covered as of December 2025.
74GF Score

Get the complete analysis for XTER:CGN

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€250.60
Price
€332.93
GF Value