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Chubb (CB) Cyclically Adjusted PB Ratio : 2.21 (As of May. 22, 2024)


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What is Chubb Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Chubb's current share price is $268.35. Chubb's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $121.17. Chubb's Cyclically Adjusted PB Ratio for today is 2.21.

The historical rank and industry rank for Chubb's Cyclically Adjusted PB Ratio or its related term are showing as below:

CB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.77   Max: 2.26
Current: 2.19

During the past years, Chubb's highest Cyclically Adjusted PB Ratio was 2.26. The lowest was 1.06. And the median was 1.77.

CB's Cyclically Adjusted PB Ratio is ranked worse than
78.99% of 414 companies
in the Insurance industry
Industry Median: 1.195 vs CB: 2.19

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Chubb's adjusted book value per share data for the three months ended in Mar. 2024 was $149.089. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $121.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chubb Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chubb's Cyclically Adjusted PB 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.

* Premium members only.

Chubb Cyclically Adjusted PB Ratio Chart

Chubb Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.59 1.84 1.97 1.90

Chubb Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.69 1.65 1.77 1.90 2.14

Competitive Comparison of Chubb's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Chubb's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Chubb's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Chubb's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chubb's Cyclically Adjusted PB Ratio falls into.



Chubb Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Chubb's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=268.35/121.17
=2.21

* 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.

Chubb's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chubb's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=149.089/107.3549*107.3549
=149.089

Current CPI (Mar. 2024) = 107.3549.

Chubb Quarterly Data

Book Value per Share CPI Adj_Book
201406 90.192 101.517 95.379
201409 90.382 101.247 95.835
201412 90.023 100.704 95.969
201503 90.808 100.339 97.158
201506 91.272 100.464 97.533
201509 89.881 99.785 96.699
201512 89.767 99.386 96.964
201603 98.855 99.475 106.686
201606 101.558 100.088 108.932
201609 103.962 99.604 112.052
201612 103.601 99.380 111.915
201703 105.354 100.040 113.058
201706 108.190 100.285 115.817
201709 108.736 100.254 116.438
201712 110.324 100.213 118.186
201803 110.098 100.836 117.216
201806 109.969 101.435 116.387
201809 110.462 101.246 117.128
201812 109.564 100.906 116.566
201903 114.268 101.571 120.775
201906 117.967 102.044 124.107
201909 120.326 101.396 127.398
201912 122.421 101.063 130.042
202003 115.642 101.048 122.860
202006 121.322 100.743 129.284
202009 124.980 100.585 133.392
202012 131.876 100.241 141.235
202103 131.374 100.800 139.917
202106 136.904 101.352 145.012
202109 137.668 101.533 145.563
202112 139.985 101.776 147.659
202203 133.824 103.205 139.205
202206 123.465 104.783 126.496
202209 114.787 104.835 117.546
202212 121.851 104.666 124.981
202303 127.939 106.245 129.276
202306 128.746 106.576 129.688
202309 128.370 106.570 129.316
202312 146.833 106.461 148.066
202403 149.089 107.355 149.089

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Chubb  (NYSE:CB) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Chubb Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Chubb's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Chubb (CB) Business Description

Industry
Traded in Other Exchanges
Address
Baerengasse 32, Zurich, CHE, CH-8001
ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination made the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.
Executives
Juan Luis Ortega officer: Executive Vice President* CHUBB, AVENUE OF THE AMERICAS, NEW YORK NY 10036
John J Lupica officer: Chrm, Ins - NA, Pres.- ACE USA 436 WALNUT STREET, PHILADELPHIA PA 19106-3703
Joseph F Wayland officer: General Counsel 1133 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10036
John W Keogh officer: CEO of ACE Overseas General ACE OVERSEAS GENERAL, 1133 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Theodore Shasta director C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Timothy Alan Boroughs officer: Chief Investment Officer* 1133 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Michael G Atieh director MERCK MEDCO MANAGED CARE INC, 100 SUMMIT AVE, MONTVALE NJ 07645
Annmarie T Hagan officer: Chief Accounting Officer TWO LIBERTY PLACE, 1601 CHESTNUT STREET, PHILADELPHIA PA 19192
Frances D. O'brien officer: Chief Risk Officer THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08
Nancy Buese director 1515 ARAPAHOE STREET, DENVER CO 80202-2126
Michael Corbat director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Bryce L. Johns officer: Senior Vice President, * THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08
Sean Ringsted officer: Chief Risk Officer and* THE ACE BLDG., 17 WOODBOURNE AVE., HAMILTON D0 HM 08
Evan G Greenberg director, officer: President & COO THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08
Kathleen Bonanno director 3000 TANNERY WAY, SANTA CLARA CA 95054

Chubb (CB) Headlines

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