The Cigna Group (WBO:CIGN) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
The Cigna Group Forward PE Ratio Related Terms
The Cigna Group Forward PE Ratio Historical Data
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The historical data trend for The Cigna Group's Forward PE 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 Forward PE Ratio Chart
The Cigna Group Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
10.98
9.58
9.84
13.28
10.64
9.08
8.85
The Cigna Group Quarterly Data
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
9.58
8.04
10.98
8.67
10.16
7.91
9.58
12.00
11.57
9.14
9.84
10.81
11.98
11.09
13.28
10.29
11.36
10.11
10.64
12.55
11.66
10.91
9.08
10.59
10.70
8.60
8.85
8.93
WBO:CIGN vs ELV, HUM, CNC: Forward PE Ratio Comparison
For the Healthcare Plans subindustry, The Cigna Group's Forward PE Ratio, along with its competitors' market caps and Forward 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.
The Cigna Group Forward PE Ratio vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where The Cigna Group's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
The Cigna Group (WBO:CIGN) has a Forward PE Ratio of 9.42 as of Jul. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on The Cigna Group and its competitors. According to the industry distribution chart, The Cigna Group ranks #2 out of 15 companies in the Healthcare Plans industry, placing it in the top 13.3%.
Is The Cigna Group's Forward PE Ratio too high?
The Cigna Group's current Forward PE Ratio is 9.42. The Healthcare Plans industry median Forward PE Ratio is 23.33. The Cigna Group's value of 9.42 is 59.6% below this industry median. Based on the distribution chart, The Cigna Group ranks #2 out of 15 companies in the Healthcare Plans industry, which is in the top quartile — a strong position relative to peers. Overall, The Cigna Group has a GF Score™ of 42/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Cigna Group's Forward PE Ratio compare to ELV and HUM?
According to the Healthcare Plans industry distribution chart, The Cigna Group ranks #2 out of 15 companies for Forward PE Ratio. This places The Cigna Group in the top 13% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 23.33. The Cigna Group's value of 9.42 is 59.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Healthcare Plans company?
The median Forward PE Ratio among Healthcare Plans companies is 23.33, based on 15 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Cigna Group's current Forward PE Ratio of 9.42 is 59.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on The Cigna Group and its competitors. For the Healthcare Plans industry, the median Forward PE Ratio is 23.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cigna Group's current Forward PE Ratio is 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cigna Group stock overvalued right now?
Based on GuruFocus' analysis, The Cigna Group (WBO:CIGN) is currently considered Significantly Undervalued. The stock's GF Value™ is €369.36, compared to a current price of €252.50 — trading 31.6% below its estimated fair value. The current Forward PE Ratio is 9.42 and 59.6% below the Healthcare Plans industry median of 23.33. The Cigna Group's overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For The Cigna Group (WBO:CIGN), the current Forward PE Ratio is 9.42 as of Jul. 06, 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 The Cigna Group (WBO:CIGN) Overvalued in 2026?
Based on GuruFocus' analysis, The Cigna Group stock appears to be undervalued.
The current stock price of €252.50 is trading 31.6% below its estimated GF Value™ of €369.36.
GuruFocus considers The Cigna Group to be Significantly Undervalued.
Key valuation signals for WBO:CIGN:
Forward PE Ratio: 9.42
GF Value™: €369.36 vs. price of €252.50 (31.6% below fair value)
Industry Position: 59.6% below the Healthcare Plans median (#2 of 15)
No single metric tells the full story. See the WBO:CIGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
42GF Score
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