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Chubb (BSP:C1BL34) Cyclically Adjusted Book per Share : R$147.68 (As of Mar. 2024)


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What is Chubb Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2024 was R$185.608. 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 R$147.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chubb's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Chubb was 12.90% per year. The lowest was 6.80% per year. And the median was 9.65% per year.

As of today (2024-05-14), Chubb's current stock price is R$326.50. Chubb's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$147.68. Chubb's Cyclically Adjusted PB Ratio of today is 2.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chubb was 2.18. The lowest was 1.06. And the median was 1.77.


Chubb Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chubb's Cyclically Adjusted Book per Share 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 Book per Share Chart

Chubb Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 120.60 147.83 150.05 141.44

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 Book per Share 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 143.99 136.82 151.17 141.44 147.68

Competitive Comparison of Chubb's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=185.608/106.4611*106.4611
=185.608

Current CPI (Mar. 2024) = 106.4611.

Chubb Quarterly Data

Book Value per Share CPI Adj_Book
201406 50.418 101.517 52.874
201409 52.826 101.247 55.547
201412 59.458 100.704 62.857
201503 71.316 100.339 75.668
201506 71.002 100.464 75.241
201509 87.706 99.785 93.574
201512 87.092 99.386 93.292
201603 91.392 99.475 97.810
201606 86.919 100.088 92.454
201609 84.552 99.604 90.373
201612 86.870 99.380 93.060
201703 82.374 100.040 87.661
201706 89.132 100.285 94.621
201709 85.155 100.254 90.428
201712 90.880 100.213 96.546
201803 90.252 100.836 95.287
201806 103.673 101.435 108.810
201809 113.464 101.246 119.309
201812 106.370 100.906 112.226
201903 109.717 101.571 115.000
201906 113.711 102.044 118.633
201909 123.921 101.396 130.112
201912 125.619 101.063 132.328
202003 141.262 101.048 148.830
202006 157.367 100.743 166.299
202009 168.723 100.585 178.580
202012 169.616 100.241 180.141
202103 185.077 100.800 195.472
202106 172.105 101.352 180.781
202109 181.687 101.533 190.506
202112 197.901 101.776 207.012
202203 166.491 103.205 171.744
202206 155.804 104.783 158.300
202209 150.475 104.835 152.809
202212 159.790 104.666 162.530
202303 166.596 106.245 166.935
202306 156.224 106.576 156.056
202309 158.495 106.570 158.334
202312 179.863 106.461 179.863
202403 185.608 106.461 185.608

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


Chubb  (BSP:C1BL34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=326.50/147.68
=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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chubb was 2.18. The lowest was 1.06. And the median was 1.77.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Chubb Cyclically Adjusted Book per Share Related Terms

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


Chubb (BSP:C1BL34) 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.

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