GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » The Cigna Group (NYSE:CI) » Definitions » Cyclically Adjusted Revenue per Share

The Cigna Group (The Cigna Group) Cyclically Adjusted Revenue per Share : $383.17 (As of Dec. 2023)


View and export this data going back to 1982. Start your Free Trial

What is The Cigna Group Cyclically Adjusted Revenue per Share?

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.

The Cigna Group's adjusted revenue per share for the three months ended in Dec. 2023 was $173.413. 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 $383.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The Cigna Group's average Cyclically Adjusted Revenue Growth Rate was 19.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 23.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 24.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 18.00% 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 The Cigna Group was 25.70% per year. The lowest was 2.30% per year. And the median was 7.40% per year.

As of today (2024-04-27), The Cigna Group's current stock price is $354.47. The Cigna Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $383.17. The Cigna Group's Cyclically Adjusted PS Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Cigna Group was 1.94. The lowest was 0.70. And the median was 1.14.


The Cigna Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for The Cigna 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.

* Premium members only.

The Cigna Group Cyclically Adjusted Revenue per Share Chart

The Cigna Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.11 203.32 259.35 321.25 383.17

The Cigna Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 321.25 338.51 355.05 370.94 383.17

Competitive Comparison of The Cigna Group's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



The Cigna 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, The Cigna Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=173.413/129.4194*129.4194
=173.413

Current CPI (Dec. 2023) = 129.4194.

The Cigna Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 30.955 99.695 40.185
201406 32.354 100.560 41.639
201409 32.935 100.428 42.443
201412 33.789 99.070 44.140
201503 36.238 99.621 47.077
201506 36.494 100.684 46.910
201509 36.040 100.392 46.461
201512 36.573 99.792 47.431
201603 38.096 100.470 49.073
201606 38.382 101.688 48.849
201609 38.036 101.861 48.327
201612 39.568 101.863 50.272
201703 40.320 102.862 50.730
201706 41.029 103.349 51.379
201709 41.391 104.136 51.441
201712 42.772 104.011 53.221
201803 46.300 105.290 56.911
201806 46.848 106.317 57.028
201809 47.230 106.507 57.391
201812 54.955 105.998 67.098
201903 100.046 107.251 120.726
201906 102.767 108.070 123.069
201909 102.995 108.329 123.046
201912 99.033 108.420 118.214
202003 103.758 108.902 123.307
202006 106.977 108.767 127.289
202009 111.602 109.815 131.526
202012 115.988 109.897 136.593
202103 116.431 111.754 134.835
202106 117.557 114.631 132.722
202109 131.394 115.734 146.931
202112 138.834 117.630 152.749
202203 135.968 121.301 145.068
202206 144.112 125.017 149.187
202209 147.029 125.227 151.952
202212 149.745 125.222 154.765
202303 155.378 127.348 157.906
202306 165.063 128.729 165.949
202309 165.042 129.860 164.483
202312 173.413 129.419 173.413

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


The Cigna Group  (NYSE:CI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=354.47/383.17
=0.93

* 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 The Cigna Group was 1.94. The lowest was 0.70. And the median was 1.14.


Be Aware

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


The Cigna Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of The Cigna Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The Cigna Group (The Cigna Group) Business Description

Industry
Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM 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 the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.
Executives
Cynthia Ryan officer: EVP, CHRO 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Nicole S Jones officer: EVP, General Counsel 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Agoglia Hoeltzel Mary T officer: VP & Chief Accounting Officer 1601 CHESTNUT STREET, TWO LIBERTY PLACE, PHILADELPHIA PA 19192
Brian C Evanko officer: President Government Business 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Everett Neville officer: EVP, Strategy and Business Dev ONE EXPRESS WAY, ST. LOUIS MO 63121
Paul A Sanford officer: EVP Operations 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Phillip Ozuah director 30 HUDSON STREET, FLOOR 33, JERSEY CITY NJ 07302
Donna F Zarcone director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Michael W Triplett officer: President, US Markets 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Elder Granger director 5176 S. LEWISTON WAY, CENTENNIAL CO 80015
David Cordani director, officer: President & CEO THE CIGNA GROUP, 900 COTTAGE GROVE ROAD, BLOOMFIELD CT 06002
Jason D Sadler officer: Pres., International Markets 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Eric P Palmer officer: EVP, Chief Financial Officer 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
David J Brailer officer: EVP & Chief Health Officer 4 PRESIDIO TERRACE, SAN FRANCISCO CA 94118
Charles Berg officer: Pres, Govt Programs & Sr Advsr 48 MONROE TURNPIKE, TRUMBULL CT 06611

The Cigna Group (The Cigna Group) Headlines

From GuruFocus

Cigna Group at JPMorgan Healthcare Conference Transcript

By GuruFocus Research 01-22-2024

Cigna Corp at JPMorgan Healthcare Conference Transcript

By GuruFocus Research 01-22-2024

Q2 2021 Cigna Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2022 Cigna Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 The Cigna Group Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2021 Cigna Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 The Cigna Group Earnings Call Transcript

By GuruFocus Research 01-22-2024