Chubb (XTER:AEX) Cyclically Adjusted Book per Share: €123.22 (As of Jun. 2026)

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XTER:AEX Chubb Ltd XTER:AEX
75 GF Score
Price €303.80
GF Value €293.40
Valuation Fairly Valued
! 6 Warning Signs
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What is Chubb Cyclically Adjusted Book per Share?

Chubb XTER:AEX -0.46% 75 Cyclically Adjusted Book per Share is €123.22 as of Jun. 2026. GuruFocus rates XTER:AEX with a GF Score™ of 75/100 and a GF Value™ of €293.40 (Fairly Valued). 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 Jun. 2026 was €169.650. 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 €123.22 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Chubb's average Cyclically Adjusted Book Growth Rate was 7.10% 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 (2026-08-10), Chubb's current stock price is €303.80. Chubb's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €123.22. Chubb's Cyclically Adjusted PB Ratio of today is 2.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chubb was 2.59. The lowest was 1.06. And the median was 1.84.


Chubb  (XTER:AEX) 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
=303.80/123.22
=2.47

* 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 2.59. The lowest was 1.06. And the median was 1.84.


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 0.00 0.00 0.00 0.00 0.00

Chubb Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 123.22

XTER:AEX 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.


XTER:AEX
75GF Score
Chubb Ltd XTER:AEX
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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=169.65/333.9520*333.9520
=169.650

Current CPI (Jun. 2026) = 333.9520.

Chubb Quarterly Data

Book Value per Share CPI Adj_Book
201609 92.630 241.428 128.129
201612 98.214 241.432 135.851
201703 98.506 243.801 134.931
201706 96.289 244.955 131.273
201709 91.230 246.819 123.436
201712 93.224 246.524 126.285
201803 89.289 249.554 119.486
201806 94.134 251.989 124.752
201809 94.666 252.439 125.234
201812 96.307 251.233 128.016
201903 101.127 254.202 132.853
201906 104.400 256.143 136.114
201909 109.256 256.759 142.103
201912 110.179 256.974 143.184
202003 104.656 258.115 135.405
202006 107.734 257.797 139.559
202009 106.108 260.280 136.142
202012 108.402 260.474 138.981
202103 110.354 264.877 139.132
202106 113.630 271.696 139.667
202109 117.018 274.310 142.461
202112 123.887 278.802 148.393
202203 121.512 287.504 141.143
202206 116.798 296.311 131.635
202209 115.935 296.808 130.444
202212 115.028 296.797 129.428
202303 119.495 301.836 132.210
202306 118.833 305.109 130.067
202309 120.283 307.789 130.507
202312 134.646 306.746 146.588
202403 137.162 312.332 146.657
202406 140.332 314.175 149.166
202409 147.003 315.301 155.699
202412 152.582 315.605 161.452
202503 151.708 319.799 158.422
202506 150.919 322.561 156.249
202509 155.254 324.800 159.629
202512 161.054 324.054 165.973
202603 164.292 330.213 166.152
202606 169.650 333.952 169.650

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 €123.22 mean?
Chubb (XTER:AEX) has a Cyclically Adjusted Book per Share of €123.22 as of Jun. 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 €123.22. Overall, Chubb has a GF Score™ of 75/100 and is considered Fairly Valued, 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 €123.22 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 €123.22. 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 (XTER:AEX) is currently considered Fairly Valued. The stock's GF Value™ is €293.40, compared to a current price of €303.80 — trading 3.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is €123.22. Chubb's overall GF Score™ is 75/100 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 (XTER:AEX), the current Cyclically Adjusted Book per Share is €123.22 as of Jun. 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 (XTER:AEX) Overvalued in 2026?

Based on GuruFocus' analysis, Chubb stock appears to be overvalued. The current stock price of €303.80 is trading 3.5% above its estimated GF Value™ of €293.40. GuruFocus considers Chubb to be Fairly Valued.

Key valuation signals for XTER:AEX:

  • Cyclically Adjusted Book per Share: €123.22
  • GF Value™: €293.40 vs. price of €303.80 (3.5% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the XTER:AEX 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.
75GF Score

Get the complete analysis for XTER:AEX

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

€303.80
Price
€293.40
GF Value