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Chubb (FRA:AEX) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Chubb Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 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)
=137.42/107.3549*107.3549
=137.420

Current CPI (Mar. 2024) = 107.3549.

Chubb Quarterly Data

Book Value per Share CPI Adj_Book
201406 66.382 101.517 70.200
201409 70.137 101.247 74.368
201412 73.009 100.704 77.831
201503 83.907 100.339 89.774
201506 81.323 100.464 86.901
201509 80.084 99.785 86.159
201512 82.406 99.386 89.013
201603 88.772 99.475 95.804
201606 90.387 100.088 96.950
201609 92.630 99.604 99.838
201612 98.214 99.380 106.096
201703 98.506 100.040 105.709
201706 96.289 100.285 103.077
201709 91.230 100.254 97.692
201712 93.224 100.213 99.868
201803 89.289 100.836 95.062
201806 94.134 101.435 99.628
201809 94.666 101.246 100.378
201812 96.307 100.906 102.462
201903 101.127 101.571 106.886
201906 104.400 102.044 109.834
201909 109.256 101.396 115.677
201912 110.179 101.063 117.038
202003 104.656 101.048 111.189
202006 107.734 100.743 114.805
202009 106.108 100.585 113.250
202012 108.402 100.241 116.095
202103 110.354 100.800 117.530
202106 113.630 101.352 120.360
202109 117.018 101.533 123.728
202112 123.887 101.776 130.679
202203 121.512 103.205 126.398
202206 116.798 104.783 119.665
202209 115.935 104.835 118.722
202212 115.028 104.666 117.983
202303 119.495 106.245 120.744
202306 118.833 106.576 119.702
202309 120.283 106.570 121.169
202312 134.646 106.461 135.776
202403 137.420 107.355 137.420

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  (FRA:AEX) 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 (FRA:AEX) 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.

Chubb (FRA:AEX) Headlines

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