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Chubb (BSP:C1BL34) E10 : R$17.38 (As of Sep. 2024)


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What is Chubb E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Chubb's adjusted earnings per share data for the three months ended in Sep. 2024 was R$7.891. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$17.38 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Chubb's average E10 Growth Rate was 13.40% per year. During the past 3 years, the average E10 Growth Rate was 12.60% per year. During the past 5 years, the average E10 Growth Rate was 7.90% per year. During the past 10 years, the average E10 Growth Rate was 5.40% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Chubb was 16.10% per year. The lowest was 2.50% per year. And the median was 11.10% per year.

As of today (2024-12-11), Chubb's current stock price is R$417.00. Chubb's E10 for the quarter that ended in Sep. 2024 was R$17.38. Chubb's Shiller PE Ratio of today is 23.99.

During the past 13 years, the highest Shiller PE Ratio of Chubb was 23.48. The lowest was 11.99. And the median was 17.97.


Chubb E10 Historical Data

The historical data trend for Chubb's E10 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 E10 Chart

Chubb Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.32 13.94 14.17 14.08

Chubb Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
E10 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 14.59 14.08 15.00 17.59 17.38

Competitive Comparison of Chubb's E10

For the Insurance - Property & Casualty subindustry, Chubb's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Chubb's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chubb's Shiller PE Ratio falls into.



Chubb E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=7.891/107.4679*107.4679
=7.891

Current CPI (Sep. 2024) = 107.4679.

Chubb Quarterly Data

per share eps CPI Adj_EPS
201412 1.103 100.704 1.177
201503 1.610 100.339 1.724
201506 2.225 100.464 2.380
201509 1.581 99.785 1.703
201512 2.028 99.386 2.193
201603 0.897 99.475 0.969
201606 1.318 100.088 1.415
201609 2.342 99.604 2.527
201612 2.859 99.380 3.092
201703 1.806 100.040 1.940
201706 2.282 100.285 2.445
201709 -0.117 100.254 -0.125
201712 2.694 100.213 2.889
201803 1.885 100.836 2.009
201806 2.602 101.435 2.757
201809 2.712 101.246 2.879
201812 0.738 100.906 0.786
201903 2.160 101.571 2.285
201906 2.410 102.044 2.538
201909 2.451 101.396 2.598
201912 2.640 101.063 2.807
202003 0.672 101.048 0.715
202006 -0.947 100.743 -1.010
202009 3.550 100.585 3.793
202012 6.868 100.241 7.363
202103 7.142 100.800 7.614
202106 6.361 101.352 6.745
202109 5.517 101.533 5.840
202112 6.998 101.776 7.389
202203 5.661 103.205 5.895
202206 3.533 104.783 3.624
202209 2.478 104.835 2.540
202212 4.105 104.666 4.215
202303 5.899 106.245 5.967
202306 5.242 106.576 5.286
202309 6.112 106.570 6.164
202312 9.836 106.461 9.929
202403 6.511 107.355 6.518
202406 7.352 107.991 7.316
202409 7.891 107.468 7.891

Add all the adjusted EPS together and divide 10 will get our e10.


Chubb  (BSP:C1BL34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Chubb's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=417.00/17.38
=23.99

* 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 Shiller P/E Ratio of Chubb was 23.48. The lowest was 11.99. And the median was 17.97.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Chubb E10 Related Terms

Thank you for viewing the detailed overview of Chubb's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Chubb Business Description

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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