The Cigna Group (WBO:CIGN) Price-to-Tangible-Book: (As of Sep. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:CIGN The Cigna Group WBO:CIGN
24 GF Score
Price €250.50
GF Value €343.27
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is The Cigna Group Price-to-Tangible-Book?

As of today (2026-09-16), The Cigna Group's share price is €250.50. The Cigna Group's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was €-98.03. Hence, The Cigna Group's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for The Cigna Group's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, The Cigna Group's highest Price to Tangible Book Ratio was 6.88. The lowest was 4.20. And the median was 4.95.

WBO:CIGN's Price-to-Tangible-Book is not ranked *
in the Healthcare Plans industry.
Industry Median: 5.085
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, The Cigna Group's share price is €250.50. The Cigna Group's Book Value per Sharefor the quarter that ended in Jun. 2026 was €142.33. Hence, The Cigna Group's P/B Ratio of today is 1.76.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


The Cigna Group Price-to-Tangible-Book Related Terms


The Cigna Group Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for The Cigna Group's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

The Cigna Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

The Cigna Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 0.00 0.00 0.00 0.00 0.00

WBO:CIGN vs ELV, HUM, CNC: Price-to-Tangible-Book Comparison

For the Healthcare Plans subindustry, The Cigna Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where The Cigna Group's Price-to-Tangible-Book falls into.


WBO:CIGN
24GF Score
The Cigna Group WBO:CIGN
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Cigna Group Price-to-Tangible-Book Calculation

The Cigna Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=250.50/-98.03
=

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

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 €250.50 is trading 27% below its estimated GF Value™ of €343.27. GuruFocus considers The Cigna Group to be Modestly Undervalued.

Key valuation signals for WBO:CIGN:

  • Price-to-Tangible-Book:
  • GF Value™: €343.27 vs. price of €250.50 (27% below fair value)
  • GF Score™: 24/100 with 4 warning signs

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.


The Cigna Group Business Description

Address 900 Cottage Grove Road, Bloomfield, CT, USA, 06002
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.
24GF Score

Get the complete analysis for WBO:CIGN

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

€250.50
Price
€343.27
GF Value