Cigna Corp Stock Price To Book
| CI Stock | USD 320.83 1.60 0.50% |
Cigna Corp fundamentals help investors to digest information that contributes to Cigna Corp's financial success or failures. It also enables traders to predict the movement of Cigna Stock. The fundamental analysis module provides a way to measure Cigna Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cigna Corp stock.
Cigna |
Cigna Corp Company Price To Book Analysis
Cigna Corp's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Cigna Corp Price To Book | 2.13 X |
Most of Cigna Corp's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cigna Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Cigna Corp has a Price To Book of 2.1303 times. This is 91.7% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The price to book for all United States stocks is 77.6% higher than that of the company.
Cigna Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cigna Corp's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cigna Corp could also be used in its relative valuation, which is a method of valuing Cigna Corp by comparing valuation metrics of similar companies.Cigna Corp is currently under evaluation in price to book category among its peers.
Cigna Fundamentals
| Return On Equity | 0.0863 | ||||
| Return On Asset | 0.0393 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 111.84 B | ||||
| Shares Outstanding | 271.11 M | ||||
| Shares Owned By Insiders | 1.57 % | ||||
| Shares Owned By Institutions | 92.21 % | ||||
| Number Of Shares Shorted | 3.86 M | ||||
| Price To Earning | 13.93 X | ||||
| Price To Book | 2.13 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 247.12 B | ||||
| Gross Profit | 25.96 B | ||||
| EBITDA | 9.42 B | ||||
| Net Income | 3.78 B | ||||
| Cash And Equivalents | 5.92 B | ||||
| Cash Per Share | 16.96 X | ||||
| Total Debt | 31.97 B | ||||
| Debt To Equity | 0.74 % | ||||
| Current Ratio | 0.83 X | ||||
| Book Value Per Share | 149.87 X | ||||
| Cash Flow From Operations | 10.36 B | ||||
| Short Ratio | 1.87 X | ||||
| Earnings Per Share | 12.12 X | ||||
| Price To Earnings To Growth | 0.97 X | ||||
| Target Price | 361.71 | ||||
| Number Of Employees | 71.3 K | ||||
| Beta | 0.53 | ||||
| Market Capitalization | 87.41 B | ||||
| Total Asset | 155.88 B | ||||
| Retained Earnings | 43.52 B | ||||
| Working Capital | (4.7 B) | ||||
| Current Asset | 13.51 B | ||||
| Current Liabilities | 18.21 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 0.42 % | ||||
| Net Asset | 155.88 B | ||||
| Last Dividend Paid | 5.6 |
About Cigna Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cigna Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cigna Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cigna Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Cigna Corp Piotroski F Score and Cigna Corp Altman Z Score analysis. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cigna Corp. If investors know Cigna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.