CNO (CNO Financial Group) E10: $2.68 (As of Mar. 2026)


CNO CNO Financial Group Inc CNO
68 GF Score
Price $51.90
GF Value $40.11
Valuation Modestly Overvalued
! 8 Warning Signs
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What is CNO Financial Group E10?

CNO Financial Group CNO -0.46% 68 E10 is $2.68 as of Mar. 2026. GuruFocus rates CNO with a GF Score™ of 68/100 and a GF Value™ of $40.11 (Modestly 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 P/E 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 Mar. 2026 was $0.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CNO Financial Group's average E10 Growth Rate was 5.50% per year. During the past 3 years, the average E10 Growth Rate was 8.10% per year. During the past 5 years, the average E10 Growth Rate was 15.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of CNO Financial Group was 97.20% per year. The lowest was -12.00% per year. And the median was 19.40% per year.

As of today (2026-06-25), CNO Financial Group's current stock price is $51.90. CNO Financial Group's E10 for the quarter that ended in Mar. 2026 was $2.68. CNO Financial Group's Shiller PE Ratio of today is 19.37.

During the past 13 years, the highest Shiller PE Ratio of CNO Financial Group was 973.50. The lowest was 8.56. And the median was 16.12.


CNO Financial Group  (NYSE:CNO) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=51.90/2.68
=19.37

* 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 Shiller P/E Ratio of CNO Financial Group was 973.50. The lowest was 8.56. And the median was 16.12.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


CNO Financial Group E10 Related Terms


CNO Financial Group E10 Historical Data

* Premium members only.

The historical data trend for CNO Financial Group's E10 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 E10 Chart

CNO Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 2.08 2.12 2.52 2.63

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
E10 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 2.54 2.62 2.64 2.63 2.68

CNO vs FG, BHF, GNW: E10 Comparison

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 vs Insurance Industry

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
68GF Score
CNO Financial Group Inc CNO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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CNO Financial Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

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

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.39/330.2130*330.2130
=0.390

Current CPI (Mar. 2026) = 330.2130.

CNO Financial Group Quarterly Data

per share eps CPI Adj_EPS
201606 0.330 241.018 0.452
201609 0.110 241.428 0.150
201612 1.340 241.432 1.833
201703 0.360 243.801 0.488
201706 0.480 244.955 0.647
201709 0.590 246.819 0.789
201712 -0.420 246.524 -0.563
201803 0.500 249.554 0.662
201806 0.610 251.989 0.799
201809 -3.220 252.439 -4.212
201812 0.170 251.233 0.223
201903 0.320 254.202 0.416
201906 0.240 256.143 0.309
201909 0.270 256.759 0.347
201912 1.840 256.974 2.364
202003 -0.150 258.115 -0.192
202006 0.570 257.797 0.730
202009 0.910 260.280 1.155
202012 0.800 260.474 1.014
202103 1.080 264.877 1.346
202106 0.580 271.696 0.705
202109 0.770 274.310 0.927
202112 0.930 278.802 1.101
202203 1.520 287.504 1.746
202206 1.990 296.311 2.218
202209 1.520 296.808 1.691
202212 0.370 296.797 0.412
202303 -0.010 301.836 -0.011
202306 0.640 305.109 0.693
202309 1.460 307.789 1.566
202312 0.320 306.746 0.344
202403 1.010 312.332 1.068
202406 1.060 314.175 1.114
202409 0.090 315.301 0.094
202412 1.580 315.605 1.653
202503 0.210 319.799 0.217
202506 0.910 322.561 0.932
202509 0.240 324.800 0.244
202512 0.950 324.054 0.968
202603 0.390 330.213 0.390

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $2.68 mean?
CNO Financial Group (CNO) has a E10 of $2.68 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CNO Financial Group and its competitors.
Is CNO Financial Group's E10 too high?
CNO Financial Group's current E10 is $2.68. Overall, CNO Financial Group has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNO Financial Group's E10 compare to FG and BHF?
CNO Financial Group's E10 of $2.68 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 E10 for an Insurance company?
A good E10 depends on the Insurance industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CNO Financial Group and its competitors. CNO Financial Group's current E10 is $2.68. 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 Modestly Overvalued. The stock's GF Value™ is $40.11, compared to a current price of $51.90 — trading 29.4% above its estimated fair value. The current E10 is $2.68. 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 E10 calculated?
E10 is calculated from a company's financial statements. For CNO Financial Group (CNO), the current E10 is $2.68 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 $51.90 is trading 29.4% above its estimated GF Value™ of $40.11. GuruFocus considers CNO Financial Group to be Modestly Overvalued.

Key valuation signals for CNO:

  • E10: $2.68
  • GF Value™: $40.11 vs. price of $51.90 (29.4% 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

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.90
Price
$40.11
GF Value