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Chubb (CB) Cyclically Adjusted PB Ratio : 2.07 (As of Apr. 27, 2024)


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What is Chubb Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Chubb's current share price is $245.45. Chubb's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $118.75. Chubb's Cyclically Adjusted PB Ratio for today is 2.07.

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: 2.18
Current: 2.07

During the past years, Chubb's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 1.06. And the median was 1.77.

CB's Cyclically Adjusted PB Ratio is ranked worse than
77.24% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs CB: 2.07

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 Dec. 2023 was $146.833. 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 $118.75 for the trailing ten years ended in Dec. 2023.

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 -

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
=245.45/118.75
=2.07

* 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 Dec. 2023 is calculated as:

For example, Chubb's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=146.833/106.4611*106.4611
=146.833

Current CPI (Dec. 2023) = 106.4611.

Chubb Quarterly Data

Book Value per Share CPI Adj_Book
201403 86.897 101.224 91.393
201406 90.192 101.517 94.585
201409 90.382 101.247 95.037
201412 90.023 100.704 95.170
201503 90.808 100.339 96.349
201506 91.272 100.464 96.721
201509 89.881 99.785 95.894
201512 89.767 99.386 96.157
201603 98.855 99.475 105.797
201606 101.558 100.088 108.025
201609 103.962 99.604 111.119
201612 103.601 99.380 110.983
201703 105.354 100.040 112.116
201706 108.190 100.285 114.853
201709 108.736 100.254 115.469
201712 110.324 100.213 117.203
201803 110.098 100.836 116.240
201806 109.969 101.435 115.418
201809 110.462 101.246 116.152
201812 109.564 100.906 115.596
201903 114.268 101.571 119.770
201906 117.967 102.044 123.073
201909 120.326 101.396 126.337
201912 122.421 101.063 128.960
202003 115.642 101.048 121.837
202006 121.322 100.743 128.208
202009 124.980 100.585 132.282
202012 131.876 100.241 140.060
202103 131.374 100.800 138.752
202106 136.904 101.352 143.805
202109 137.668 101.533 144.351
202112 139.985 101.776 146.430
202203 133.824 103.205 138.046
202206 123.465 104.783 125.443
202209 114.787 104.835 116.568
202212 121.851 104.666 123.941
202303 127.939 106.245 128.200
202306 128.746 106.576 128.608
202309 128.370 106.570 128.239
202312 146.833 106.461 146.833

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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