Cigna
CI
#131
Rank
$89.42 B
Marketcap
$293.08
Share price
-0.32%
Change (1 day)
44.20%
Change (1 year)

CIGNA is an American insurance company that is specialized in various types of health insurance, in particular with corporate customers.

P/E ratio for Cigna (CI)

P/E ratio as of October 2022 (TTM): 16.5

According to Cigna's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4652. At the end of 2021 the company had a P/E ratio of 14.5.

P/E ratio history for Cigna from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202114.565.1%
20208.81-41.08%
201914.9-14.64%
201817.5-20.95%
201722.121.38%
201618.21.52%
201518.037.28%
201413.1-20.18%
201316.469.51%
20129.6812.9%
20118.5716.57%
20107.35-2.49%
20097.54-51.53%
200815.613.17%
200713.79.28%
200612.643.69%
20058.7513.7%
20047.70-35.42%
200311.9-181.94%
2002-14.6-205.69%
200113.8

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.