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Chubb E10

: $10.54 (As of Jun. 2022)
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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 Jun. 2022 was $2.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $10.54 for the trailing ten years ended in Jun. 2022.

As of today (2022-10-06), Chubb's current stock price is $188.82. Chubb's E10 for the quarter that ended in Jun. 2022 was $10.54. Chubb's Shiller PE Ratio of today is 17.91.

During the past 13 years, the highest Shiller PE Ratio of Chubb was 21.35. The lowest was 11.99. And the median was 16.40.


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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.69 8.24 8.47 8.28 9.89

Chubb Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
E10 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 Premium Member Only Premium Member Only Premium Member Only 9.14 9.59 9.89 10.20 10.54

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Chubb's E10, along with its competitors' market caps and E10 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 E10 Distribution

For the Insurance industry and Financial Services sector, Chubb's E10 distribution charts can be found below:

* The bar in red indicates where Chubb's E10 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 Jun. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=2.86/104.7828*104.7828
=2.860

Current CPI (Jun. 2022) = 104.7828.

Chubb Quarterly Data

per share eps CPI Adj_EPS
201209 1.860 101.392 1.922
201212 2.220 100.968 2.304
201303 2.770 101.221 2.867
201306 2.590 101.466 2.675
201309 2.660 101.336 2.750
201312 2.900 101.036 3.008
201403 2.140 101.224 2.215
201406 2.280 101.517 2.353
201409 2.320 101.247 2.401
201412 1.670 100.704 1.738
201503 2.050 100.339 2.141
201506 2.860 100.464 2.983
201509 1.620 99.785 1.701
201512 2.090 99.386 2.203
201603 0.970 99.475 1.022
201606 1.540 100.088 1.612
201609 2.880 99.604 3.030
201612 3.410 99.380 3.595
201703 2.310 100.040 2.420
201706 2.770 100.285 2.894
201709 -0.150 100.254 -0.157
201712 3.270 100.213 3.419
201803 2.300 100.836 2.390
201806 2.760 101.435 2.851
201809 2.640 101.246 2.732
201812 0.760 100.906 0.789
201903 2.250 101.571 2.321
201906 2.500 102.044 2.567
201909 2.380 101.396 2.460
201912 2.573 101.063 2.668
202003 0.550 101.048 0.570
202006 -0.730 100.743 -0.759
202009 2.630 100.585 2.740
202012 5.340 100.241 5.582
202103 5.070 100.800 5.270
202106 5.060 101.352 5.231
202109 4.180 101.533 4.314
202112 4.950 101.776 5.096
202203 4.590 103.205 4.660
202206 2.860 104.783 2.860

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


Chubb  (NYSE:CB) 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
=188.82/10.54
=17.91

* 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 21.35. The lowest was 11.99. And the median was 16.40.


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

Chubb logo
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 makes 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.
Executives
Bonanno Kathleen director 3000 TANNERY WAY SANTA CLARA CA 95054
Enns Peter C. officer: Executive Vice President and* THE CHUBB BUILDING 17 WOODBOURNE AVENUE HAMILTON D0 HM 08
Tellez Luis director DESC, S.A. DE C.V PASEO DE LOS TAMARINDOS TORRE PISO 32 CUAJIMALPA O5 05120
Townsend Frances F director C/O BAKER BOTTS LLP THE WARNER, 1299 PENNSYLVANIA AVE., NW WASHINGTON DC 20004-2400
Hugin Robert J director C/O THE MEDICINES CO 8 CAMPUS DR PARSIPPANY NJ 07054
Hagan Annmarie T officer: Chief Accounting Officer TWO LIBERTY PLACE 1601 CHESTNUT STREET PHILADELPHIA PA 19192
Ortega Juan Luis officer: Executive Vice President* CHUBB AVENUE OF THE AMERICAS NEW YORK NY 10036
Andrade Juan C officer: Executive Vice President* THE HARTFORD ONE HARTFORD PLAZA HARTFORD CT 06155
Krump Paul J officer: Executive Vice President* C/O CHUBB & SON 15 MOUNTAIN VIEW RD P O BOX161 WARREN NJ 07061-1615
Kellner Lawrence W director 1600 SMITH ST. HQSEO HOUSTON TX 77002
Zimmerman James M director C/O FOSSIL GROUP, INC. 901 S. CENTRAL EXPRESSWAY RICHARDSON TX 75080
Cash James I director C/O WINSTAR COMMUNICATIONS INC 685 THIRD AVENUE NEW YORK NY 10017
Burke Sheila P director WELLPOINT, INC 120 MONUMENT CIRCLE INDIANAPOLIS IN 46240
Sidwell David H director MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036
Edwardson John A director P O BOX 66100-WHQLD CHICAGO IL 60666

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