CNO (CNO Financial Group) Cyclically Adjusted Revenue per Share: $36.95 (As of Mar. 2026)


CNO CNO Financial Group Inc CNO
68 GF Score
Price $52.93
GF Value $39.94
Valuation Significantly Overvalued
! 8 Warning Signs
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What is CNO Financial Group Cyclically Adjusted Revenue per Share?

CNO Financial Group CNO +1.01% 68 Cyclically Adjusted Revenue per Share is $36.95 as of Mar. 2026. GuruFocus rates CNO with a GF Score™ of 68/100 and a GF Value™ of $39.94 (Significantly Overvalued). The stock has 8 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

CNO Financial Group's adjusted revenue per share for the three months ended in Mar. 2026 was $10.709. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $36.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CNO Financial Group's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of CNO Financial Group was 10.30% per year. The lowest was -8.10% per year. And the median was 3.20% per year.

As of today (2026-07-09), CNO Financial Group's current stock price is $52.93. CNO Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $36.95. CNO Financial Group's Cyclically Adjusted PS Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CNO Financial Group was 1.42. The lowest was 0.46. And the median was 0.93.


CNO Financial Group  (NYSE:CNO) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

CNO Financial Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=52.93/36.95
=1.43

* 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 PS Ratio of CNO Financial Group was 1.42. The lowest was 0.46. And the median was 0.93.


Be Aware

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


CNO Financial Group Cyclically Adjusted Revenue per Share Related Terms


CNO Financial Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CNO Financial Group's Cyclically Adjusted Revenue 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.

CNO Financial Group Cyclically Adjusted Revenue per Share Chart

CNO Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.99 28.61 30.68 33.18 35.93

CNO Financial Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 33.95 34.74 35.54 35.93 36.95

CNO vs BHF, GNW, FG: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Life subindustry, CNO Financial 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.


CNO Financial Group Cyclically Adjusted PS Ratio vs Insurance Industry

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

* The bar in red indicates where CNO Financial Group's Cyclically Adjusted PS Ratio falls into.


CNO
68GF Score
CNO Financial Group Inc CNO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CNO Financial Group Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

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

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CNO Financial Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=10.709/330.2130*330.2130
=10.709

Current CPI (Mar. 2026) = 330.2130.

CNO Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.609 241.018 7.685
201609 5.781 241.428 7.907
201612 5.737 241.432 7.847
201703 6.116 243.801 8.284
201706 6.155 244.955 8.297
201709 6.316 246.819 8.450
201712 6.406 246.524 8.581
201803 5.940 249.554 7.860
201806 6.229 251.989 8.163
201809 9.001 252.439 11.774
201812 4.742 251.233 6.233
201903 6.307 254.202 8.193
201906 6.134 256.143 7.908
201909 6.080 256.759 7.819
201912 7.060 256.974 9.072
202003 4.918 258.115 6.292
202006 7.046 257.797 9.025
202009 7.151 260.280 9.072
202012 7.666 260.474 9.718
202103 7.362 264.877 9.178
202106 8.019 271.696 9.746
202109 7.505 274.310 9.034
202112 8.597 278.802 10.182
202203 6.966 287.504 8.001
202206 7.290 296.311 8.124
202209 7.809 296.808 8.688
202212 8.346 296.797 9.286
202303 8.783 301.836 9.609
202306 8.844 305.109 9.572
202309 8.278 307.789 8.881
202312 10.299 306.746 11.087
202403 10.399 312.332 10.994
202406 9.759 314.175 10.257
202409 10.543 315.301 11.042
202412 10.427 315.605 10.910
202503 9.742 319.799 10.059
202506 11.471 322.561 11.743
202509 12.062 324.800 12.263
202512 11.751 324.054 11.974
202603 10.709 330.213 10.709

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $36.95 mean?
CNO Financial Group (CNO) has a Cyclically Adjusted Revenue per Share of $36.95 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CNO Financial Group and its competitors.
Is CNO Financial Group's Cyclically Adjusted Revenue per Share too high?
CNO Financial Group's current Cyclically Adjusted Revenue per Share is $36.95. Overall, CNO Financial Group has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNO Financial Group's Cyclically Adjusted Revenue per Share compare to BHF and GNW?
CNO Financial Group's Cyclically Adjusted Revenue per Share of $36.95 can be compared against companies in the Insurance 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 Revenue per Share for an Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CNO Financial Group and its competitors. CNO Financial Group's current Cyclically Adjusted Revenue per Share is $36.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNO Financial Group stock overvalued right now?
Based on GuruFocus' analysis, CNO Financial Group (CNO) is currently considered Significantly Overvalued. The stock's GF Value™ is $39.94, compared to a current price of $52.93 — trading 32.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $36.95. CNO Financial Group's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For CNO Financial Group (CNO), the current Cyclically Adjusted Revenue per Share is $36.95 as of Mar. 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 CNO Financial Group (CNO) Overvalued in 2026?

Based on GuruFocus' analysis, CNO Financial Group stock appears to be overvalued. The current stock price of $52.93 is trading 32.5% above its estimated GF Value™ of $39.94. GuruFocus considers CNO Financial Group to be Significantly Overvalued.

Key valuation signals for CNO:

  • Cyclically Adjusted Revenue per Share: $36.95
  • GF Value™: $39.94 vs. price of $52.93 (32.5% above fair value)
  • GF Score™: 68/100 with 8 warning signs

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


CNO Financial Group Business Description

Address 11299 Illinois Street, Carmel, IN, USA, 46032
CNO Financial Group Inc is a holding company for a group of insurance companies that develop, market and administer health insurance, annuity, individual life insurance and other insurance and financial services products. 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.
68GF Score

Get the complete analysis for CNO

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

$52.93
Price
$39.94
GF Value