CI (The Cigna Group) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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CI The Cigna Group CI
74 GF Score
Price $275.28
GF Value $390.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is The Cigna Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Cigna Group  (NYSE: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


The Cigna Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

The Cigna Group Cyclically Adjusted PS Ratio Chart

The Cigna Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.04 0.79 0.60 0.50

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 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 0.64 0.54 0.49 0.45 0.45

CI vs ELV, HUM, CNC: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


CI
74GF Score
The Cigna Group CI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The Cigna Group's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=271.247/333.9520*333.9520
=271.247

Current CPI (Jun. 2026) = 333.9520.

The Cigna Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 38.036 241.428 52.613
201612 38.310 241.432 52.991
201703 40.320 243.801 55.229
201706 40.397 244.955 55.074
201709 41.391 246.819 56.003
201712 42.860 246.524 58.060
201803 46.300 249.554 61.958
201806 46.780 251.989 61.996
201809 46.552 252.439 61.584
201812 54.446 251.233 72.372
201903 98.838 254.202 129.846
201906 101.956 256.143 132.927
201909 102.048 256.759 132.728
201912 101.951 256.974 132.491
202003 102.448 258.115 132.548
202006 106.025 257.797 137.346
202009 111.623 260.280 143.218
202012 115.537 260.474 148.129
202103 116.406 264.877 146.763
202106 125.214 271.696 153.905
202109 131.394 274.310 159.962
202112 138.806 278.802 166.263
202203 135.968 287.504 157.934
202206 142.596 296.311 160.710
202209 146.980 296.808 165.374
202212 149.827 296.797 168.583
202303 155.388 301.836 171.922
202306 163.743 305.109 179.222
202309 165.025 307.789 179.053
202312 173.408 306.746 188.788
202403 193.458 312.332 206.849
202406 212.901 314.175 226.303
202409 223.077 315.301 236.273
202412 236.576 315.605 250.329
202503 239.968 319.799 250.588
202506 250.714 322.561 259.568
202509 260.808 324.800 268.157
202512 272.383 324.054 280.703
202603 260.407 330.213 263.356
202606 271.247 333.952 271.247

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.

Is The Cigna Group (CI) Overvalued in 2026?

Based on GuruFocus' analysis, The Cigna Group stock appears to be undervalued. The current stock price of $275.28 is trading 29.4% below its estimated GF Value™ of $390.19. GuruFocus considers The Cigna Group to be Modestly Undervalued.

Key valuation signals for CI:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $390.19 vs. price of $275.28 (29.4% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the CI 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 CI

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

$275.28
Price
$390.19
GF Value