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Cigna (LIM:CI) E10 : $0.00 (As of Mar. 2024)


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What is Cigna E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Cigna's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cigna's average E10 Growth Rate was 5.70% per year. During the past 3 years, the average E10 Growth Rate was 15.70% per year. During the past 5 years, the average E10 Growth Rate was 17.40% per year. During the past 10 years, the average E10 Growth Rate was 14.00% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Cigna was 19.70% per year. The lowest was 2.90% per year. And the median was 13.50% per year.

As of today (2024-05-22), Cigna's current stock price is $233.80. Cigna's E10 for the quarter that ended in Mar. 2024 was $0.00. Cigna's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cigna was 37.09. The lowest was 16.23. And the median was 22.45.


Cigna E10 Historical Data

The historical data trend for Cigna'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.

* Premium members only.

Cigna E10 Chart

Cigna Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 11.92 - -

Cigna Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Cigna's E10

For the Healthcare Plans subindustry, Cigna'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.


Cigna's Shiller PE Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Cigna's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cigna's Shiller PE Ratio falls into.



Cigna 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, Cigna's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0/131.7762*131.7762
=0.000

Current CPI (Mar. 2024) = 131.7762.

Cigna Quarterly Data

per share eps CPI Adj_EPS
201406 2.120 100.560 2.778
201409 2.010 100.428 2.637
201412 1.780 99.070 2.368
201503 2.040 99.621 2.698
201506 2.260 100.684 2.958
201509 2.100 100.392 2.757
201512 1.640 99.792 2.166
201603 2.000 100.470 2.623
201606 1.970 101.688 2.553
201609 1.760 101.861 2.277
201612 1.470 101.863 1.902
201703 2.300 102.862 2.947
201706 3.150 103.349 4.016
201709 2.210 104.136 2.797
201712 1.100 104.011 1.394
201803 3.720 105.290 4.656
201806 3.290 106.317 4.078
201809 3.140 106.507 3.885
201812 0.400 105.998 0.497
201903 3.560 107.251 4.374
201906 3.700 108.070 4.512
201909 3.570 108.329 4.343
201912 2.610 108.420 3.172
202003 3.150 108.902 3.812
202006 4.730 108.767 5.731
202009 3.780 109.815 4.536
202012 11.300 109.897 13.550
202103 3.300 111.754 3.891
202106 4.250 114.631 4.886
202109 4.800 115.734 5.465
202112 3.410 117.630 3.820
202203 3.680 121.301 3.998
202206 4.900 125.017 5.165
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 0.000 131.776 0.000

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


Cigna  (LIM:CI) 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.

During the past 13 years, the highest Shiller P/E Ratio of Cigna was 37.09. The lowest was 16.23. And the median was 22.45.


Be Aware

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


Cigna E10 Related Terms

Thank you for viewing the detailed overview of Cigna's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Cigna (LIM:CI) Business Description

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.

Cigna (LIM:CI) Headlines