CB · bank / insurer · bank model (justified price-to-book)
Chubb Limited (CB): Valuation Snapshot
Chubb Limited (CB) is a bank, insurer or other financial, and a discounted-cash-flow model is the wrong lens for one, so TickerWorth does not publish a DCF fair value for it. Its bank model puts it at about $532.35 a share against $356.31. Snapshot as of Oct 19, 2026.
Model by Miraaj Patel · generated from public market data · Updated Oct 19, 2026 · How these pages are made
How is a bank like CB valued?
This is a bank / insurer / financial. A free-cash-flow DCF is structurally the wrong lens here (their debt and float are raw material, not financing), so we don't publish one. Instead we value it with a bank model — justified price-to-book, (ROE − g) ÷ (cost of equity − g), on a return on equity of 14.8% and a cost of equity of 7.0% — at about $532.35 a share ($435.98–$683.41 for a cost of equity one point either way), against a price of $356.31.
A dividend-discount cross-check gives about $92.44, shown as a reference only. Every input is listed with its source; it is a model estimate, not a price target.
Bank model (justified price-to-book)
Our bank model’s estimate: about $532.35 (range $435.98 to $683.41), against a price of $356.31. It is not a DCF and not a price target.
Value = book value per share × (ROE − g) ÷ (cost of equity − g). The range is for a cost of equity ±1% (6.0%–8.0%).
| Input | Value | Source |
|---|---|---|
| Book value per share | $195.45 | yfinance, latest reported book value per share |
| Return on equity | 14.8% | yfinance, trailing twelve months |
| Risk-free rate | 5.1% | US 10-year Treasury yield (^TNX) |
| Beta | 0.40× | yfinance 5-year monthly beta vs the S&P 500 (clamped from 0.36 to 0.4–2.5) |
| Equity risk premium | 4.7% | house equity risk premium (same as every DCF) |
| Cost of equity | 7.0% | computed — risk-free + beta × equity risk premium (CAPM) |
| Payout ratio | 13.9% | yfinance payout ratio (trailing dividends ÷ earnings) |
| Long-run growth | 2.5% | ESTIMATEROE × retention (12.8%), capped at the house long-run rate 2.5% |
| Justified price-to-book | 2.72× | computed — (ROE − g) ÷ (cost of equity − g) |
Dividend-discount cross-check: about $92.44, reference only — a low payout means most of the return comes from buybacks and retained growth, which a dividend model cannot see.
A model estimate from public data, with every input shown — not a price target and not advice. Bank returns on equity revert over time and this model holds today's for good.
When we tested this family of bank models on past data, none ranked banks better than plain price-to-book. Treat it as one formula's estimate, not a verdict.
What is CB's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Financial Services companies in US
Its strongest point: recent price trend has been strong. Its weakest: growth is slow or negative.
- Value · 63 of 100
Cheaper than 63% of Financial Services companies in US
- Price vs worth · 73 of 100
- Quality · 37 of 100
More profitable than 37% of Financial Services companies in US
- Financial health · 36 of 100
Financially stronger than 36% of Financial Services companies in US
- Growth · 21 of 100
Growing faster than 21% of Financial Services companies in US
- Momentum · 91 of 100
Outperformed 91% of Financial Services companies in US over the past year
Confidence: High confidence · Scored
Get the Undervalued Company of the Week.
- Price
- $356.31
- Market cap
- $137,
462, 415, 360 - 52-week high
- $365.91
- 52-week low
- $266.40
- Currency
- USD
- Exchange
- NYSE
Snapshot of Oct 19, 2026, quote time not published · Prices are delayed.
What we can say
Chubb Limited (CB) is a bank, insurer or other financial, and a free-cash-flow discounted-cash-flow (DCF) model is structurally the wrong lens for it: for these businesses debt and float are raw material, not financing. So we value it the way a bank is valued — on the return it earns on its book equity. Our bank model (justified price-to-book) puts it at about $532.35 a share, between $435.98 and $683.41 for a cost of equity one point either side of 7.0%, against $356.31 today.
Read the full reasoning
Every input is listed with its source. It is a model estimate, not a price target, and not investment advice.
On the numbers we do have, CB trades at a recent price of $356.31, a market capitalisation of about $137,462,415,360, sitting 90% of the way up its 52-week range ($266.40–$365.91), on the NYSE.
The standard alternative to a DCF is relative valuation — comparing CB's trading multiples against its direct industry peers. Here that gives P/E of 12.6× (richer than the peer median of 11.0×); Fwd P/E of 12.2× (richer than the peer median of 9.2×); P/B of 1.8× (cheaper than the peer median of 2.3×); P/S of 2.2× (richer than the peer median of 1.4×); Dividend yield of 1.1% (richer than the peer median of 1.8%). A cheaper multiple than peers can flag a discount or a market that expects weaker growth; it is a comparison, not a recommendation.
The asset, or book-value, lens is the classic tool for asset-heavy businesses and financials. CB shows a price-to-book (P/B) of 1.82 and book value of $195.45 per share. Price-to-book compares the market price to the accounting net-asset value per share; below 1.0 can mean a discount to net assets or that the market is pricing in trouble — descriptive either way, never a buy signal on its own.
Finally, a price-based read — explicitly not a valuation. CB is in an up-trend (price above both its 50- and 200-day averages), trading -2.6% from its 52-week high. Over the past year the stock is +34.1%. Moving-average trend and 52-week position describe where the stock has traded; they say nothing about what it is worth.
To be exact about what this page is not: we are not saying the numbers for CB are unavailable. They are, and they are above. We are saying a discounted-cash-flow model is the wrong instrument for this kind of business, and publishing one anyway — because the inputs happen to exist — would be a precise answer to the wrong question. Refusing is the more useful answer, and it is the same rule we apply to every name in this category.
CB vs peers
Direct industry peers.
| Multiple | CB | Peer median | Read |
|---|---|---|---|
| P/E | 12.6× | 11.0× | richer than |
| Fwd P/E | 12.2× | 9.2× | richer than |
| P/B | 1.8× | 2.3× | cheaper than |
| P/S | 2.2× | 1.4× | richer than |
| Dividend yield | 1.1% | 1.8% | richer than |
What does Chubb Limited do?
What does it do?
Chubb Limited provides insurance and reinsurance products worldwide. It operates in six segments: North America Commercial Property and Casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance, and Life Insurance. It operates in the Insurance - Property & Casualty industry (Financial Services sector), headquartered in Switzerland. The company employs roughly 45,000 people.
How does it make money?
The business turns $61.9B in annual revenue into profit. Out of every $100 of sales, about $24 is left as operating profit (operating margin of 23.5%), after a 31% gross margin on the products/services it sells. After all costs, taxes and interest, 18.1% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks stretched: carries modest debt (0.3× equity), may struggle to cover its short-term bills (0.4× current ratio), and is currently profitable.
Who at CB filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Wayland Joseph F | Executive Vice President and* | Shares withheld (tax) | $48,778.56 | Form 4 for Wayland Joseph F (opens sec.gov in a new tab) | |
| CONNORS MICHAEL P | Director | Open-market sale | $1,897,500.00 | Form 4 for CONNORS MICHAEL P (opens sec.gov in a new tab) | |
| Wayland Joseph F | Executive Vice President and* | Open-market sale | $3,099,319.08 | Form 4 for Wayland Joseph F (opens sec.gov in a new tab) | |
| Ortega Juan Luis | Executive Vice President* | Option exercise | $540,192.86 | Form 4 for Ortega Juan Luis (opens sec.gov in a new tab) | |
| Ortega Juan Luis | Executive Vice President* | Open-market sale | $1,251,602.88 | Form 4 for Ortega Juan Luis (opens sec.gov in a new tab) | |
| Keogh John W | President &COO | Gift | — | Form 4 for Keogh John W (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
How does CB compare with its peers?
People who read CB also read
Companies we do put a number on
Not investment advice. TickerWorth Score is a model output.
A descriptive, available-data snapshot and relative comparison — NOT a DCF, NOT a price target, and NOT investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public market data that can be wrong, stale or incomplete.