• Chubb average price/book ratio for 2023 was 1.46, a 8.75% increase from 2022.
• Chubb average price/book ratio for 2022 was 1.6, a 34.45% decline from 2021.
• Chubb average price/book ratio for 2021 was 1.19, a 23.96% increase from 2020.

Price/book ratio can be defined as