• Chubb average price/book ratio for 2024 was 1.62, a 11.72% decline from 2023.
• Chubb average price/book ratio for 2023 was 1.45, a 8.81% increase from 2022.
• Chubb average price/book ratio for 2022 was 1.59, a 33.61% decline from 2021.

Price/book ratio can be defined as