Cigna
CI
#150
Rank
$103.30 B
Marketcap
$364.20
Share price
0.24%
Change (1 day)
39.12%
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 March 2024 (TTM): 20.3

According to Cigna's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3465. At the end of 2022 the company had a P/E ratio of 15.3.

P/E ratio history for Cigna from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.36.23%
202114.460.74%
20208.98-40.33%
201915.1-15.24%
201817.8-21.97%
201722.824.77%
201618.22.01%
201517.938.54%
201412.9-21.77%
201316.575.99%
20129.383.84%
20119.0315.55%
20107.825.27%
20097.43-53.73%
200816.017.98%
200713.68.14%
200612.643.46%
20058.7713.51%
20047.72-39.28%
200312.7-199.62%
2002-12.8-185.87%
200114.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.5-13.85%๐Ÿ‡บ๐Ÿ‡ธ USA
14.4-29.11%๐Ÿ‡บ๐Ÿ‡ธ USA
21.1 3.89%๐Ÿ‡บ๐Ÿ‡ธ USA

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.