Chubb (BSP:C1BL34) Cyclically Adjusted Book per Share: R$177.32 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:C1BL34 Chubb Ltd BSP:C1BL34
79 GF Score
Price R$430.32
GF Value R$379.48
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Chubb Cyclically Adjusted Book per Share?

Chubb BSP:C1BL34 -2.96% 79 Cyclically Adjusted Book per Share is R$177.32 as of Mar. 2026. GuruFocus rates BSP:C1BL34 with a GF Score™ of 79/100 and a GF Value™ of R$379.48 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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. 2026 was R$248.318. 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$177.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chubb's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 6.00% per year. And the median was 9.35% per year.

As of today (2026-07-16), Chubb's current stock price is R$430.32. Chubb's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$177.32. Chubb's Cyclically Adjusted PB Ratio of today is 2.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chubb was 2.64. The lowest was 1.06. And the median was 1.83.


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
=430.32/177.32
=2.43

* 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 2.64. The lowest was 1.06. And the median was 1.83.


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


Chubb Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Chubb Cyclically Adjusted Book per Share Chart

Chubb Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.83 150.05 141.44 196.32 184.04

Chubb Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 182.57 175.66 173.80 184.04 177.32

BSP:C1BL34 vs PGR, TRV, ALL: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BSP:C1BL34
79GF Score
Chubb Ltd BSP:C1BL34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=248.318/108.0600*108.0600
=248.318

Current CPI (Mar. 2026) = 108.0600.

Chubb Quarterly Data

Book Value per Share CPI Adj_Book
201606 86.919 100.088 93.842
201609 84.552 99.604 91.730
201612 86.870 99.380 94.458
201703 82.374 100.040 88.978
201706 89.132 100.285 96.042
201709 85.154 100.254 91.785
201712 90.880 100.213 97.996
201803 90.253 100.836 96.719
201806 103.674 101.435 110.445
201809 113.464 101.246 121.101
201812 106.370 100.906 113.911
201903 109.717 101.571 116.727
201906 113.711 102.044 120.415
201909 123.921 101.396 132.066
201912 125.620 101.063 134.317
202003 141.262 101.048 151.065
202006 157.367 100.743 168.796
202009 168.723 100.585 181.262
202012 169.616 100.241 182.847
202103 185.077 100.800 198.407
202106 172.105 101.352 183.496
202109 181.688 101.533 193.369
202112 197.901 101.776 210.121
202203 166.491 103.205 174.323
202206 155.804 104.783 160.677
202209 150.474 104.835 155.103
202212 159.790 104.666 164.971
202303 166.596 106.245 169.442
202306 156.224 106.576 158.400
202309 158.495 106.570 160.712
202312 179.863 106.461 182.564
202403 185.608 107.355 186.827
202406 203.402 107.991 203.532
202409 225.880 107.468 227.124
202412 243.691 107.128 245.811
202503 236.094 107.722 236.834
202506 241.340 108.075 241.306
202509 244.316 107.710 245.110
202512 257.220 107.200 259.284
202603 248.318 108.060 248.318

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

What does a Cyclically Adjusted Book per Share of R$177.32 mean?
Chubb (BSP:C1BL34) has a Cyclically Adjusted Book per Share of R$177.32 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Chubb and its competitors.
Is Chubb's Cyclically Adjusted Book per Share too high?
Chubb's current Cyclically Adjusted Book per Share is R$177.32. Overall, Chubb has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chubb's Cyclically Adjusted Book per Share compare to PGR and TRV?
Chubb's Cyclically Adjusted Book per Share of R$177.32 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Chubb and its competitors. Chubb's current Cyclically Adjusted Book per Share is R$177.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubb stock overvalued right now?
Based on GuruFocus' analysis, Chubb (BSP:C1BL34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$379.48, compared to a current price of R$430.32 — trading 13.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$177.32. Chubb's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Chubb (BSP:C1BL34), the current Cyclically Adjusted Book per Share is R$177.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chubb (BSP:C1BL34) Overvalued in 2026?

Based on GuruFocus' analysis, Chubb stock appears to be overvalued. The current stock price of R$430.32 is trading 13.4% above its estimated GF Value™ of R$379.48. GuruFocus considers Chubb to be Modestly Overvalued.

Key valuation signals for BSP:C1BL34:

  • Cyclically Adjusted Book per Share: R$177.32
  • GF Value™: R$379.48 vs. price of R$430.32 (13.4% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the BSP:C1BL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chubb Business Description

Address Baerengasse 32, Zurich, CHE, CH-8001
ACE acquired Chubb in 2016 and assumed the Chubb name. The combination made the new Chubb one of the largest domestic property and casualty insurers, with operations in over 50 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.
79GF Score

Get the complete analysis for BSP:C1BL34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$430.32
Price
R$379.48
GF Value