---
title: Chubb (CB) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/cb
ticker: CB
as_of: 2026-10-17
sector: Financial Services
industry: Insurance - Property & Casualty
---
# Chubb (CB)

Chubb (CB) closed at $359.79 on Oct 16, 2026, overvalued by 21% vs its model value of $298.30 (from the justified price to book).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $359.79 (Oct 16, 2026) |
| Model value (from the justified price to book) | $298.30 |
| Price vs model | overvalued by 21% vs model |
| Range of that model | $261.01 – $348.01 |
| Market value | $138.8B |
| P/E (fiscal 2025) | 14.0 |
| Net margin (fiscal 2025) | 17.2% |
| Free cash flow (fiscal 2025) | — |
| Dividend yield (trailing twelve months) | 1.11% |
| Beta | 0.37 |
| Cost of capital (WACC) | 7.10% |
| Business classification | Mature & Stable (Low/slowing growth (~9% recent), Moderate margins (17% net margin), Pays dividends, Highly cyclical earnings) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Near 52-week highs | #34 | −1.0% | https://sweetvaluelab.com/lists/near-52-week-highs |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 1.11% |
| Dividends per share, last 12 months | $3.98 |
| Dividends / earnings (fiscal 2025) | 14.6% |
| Raised | 10 years in a row |
| Growth over 5 years | 4.7% a year |
| Latest payment | $1.02, ex-date Sep 11, 2026, paid Oct 2, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Sep 16, 2021 | $3.16 |
| To Sep 15, 2022 | $3.26 |
| To Sep 14, 2023 | $3.38 |
| To Sep 13, 2024 | $3.54 |
| To Sep 12, 2025 | $3.76 |
| Trailing twelve months (to Sep 11, 2026) | $3.98 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| P/B · justified | primary | $298.30 | $261.01 | $348.01 |
| P/E · peers | cross check | $362.81 | $275.78 | $449.98 |
| P/E · own history | cross check | $340.12 | $310.94 | $372.57 |
| PEG | sanity check | $240.39 | $240.39 | $240.39 |
| Dividend discount | cross check | $97.80 | $61.82 | $194.37 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 2 open-market sales ($5.0M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Sep 1, 2026 | Wayland Joseph F | Executive Vice President and* | Tax withholding | 144 | $48,778.6 |
| Aug 21, 2026 | CONNORS MICHAEL P | Director | Open-market sell | 5,500 | $1.9M |
| Jul 28, 2026 | Wayland Joseph F | Executive Vice President and* | Open-market sell | 8,502 | $3.1M |
| Jun 8, 2026 | Ortega Juan Luis | Executive Vice President* | Option/RSU exercise | 3,886 | $540,192.9 |
| Jun 8, 2026 | Ortega Juan Luis | Executive Vice President* | Open-market sell | 3,886 | $1.3M |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Jul 28, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/896159/000089615926000017/cb-20260630.htm |
| Jul 21, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/896159/000119312526310312/d78544d8k.htm |
| Jun 10, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/896159/000110465926072113/tm2617339d1_8k.htm |
| May 27, 2026 | S-8 | Employee stock plan registration | https://www.sec.gov/Archives/edgar/data/896159/000110465926066926/tm2615528d1_s8.htm |
| May 22, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 5.03 Amendment to Articles/Bylaws; 5.07 Submission of Matters to a Shareholder Vote; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/896159/000110465926065709/tm2615328d1_8k.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Buffett | 2026-06-30 | 34,249,183 | $11.7B |
| Christopher Davis | 2026-06-30 | 1,148,090 | $391.2M |
| Viking Global | 2026-06-30 | 377,312 | $128.6M |
| David Rolfe | 2026-06-30 | 68,039 | $23.2M |

9 tracked managers in all.

## About

Chubb Limited, headquartered in Zurich, Switzerland, is a global insurer and reinsurer, offering a broad spectrum of products across various markets. In North America, its Commercial Property & Casualty (P&C) division caters to businesses of all scales, from large corporations to small enterprises, providing a wide range of policies. These encompass commercial property, casualty, workers' compensation, package deals, risk management, financial lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty, alongside group accident and health insurance. The North America Personal P&C unit serves affluent individuals and high-net-worth families, delivering coverage for homeowners, automobiles (including collector vehicles), valuable possessions, personal and excess liability, travel, and recreational marine risks, complete with related services. Furthermore, i…

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Source: https://sweetvaluelab.com/stocks/cb (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.