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Are Investors Undervaluing Chubb Limited (CB) Right Now?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Chubb Limited (CB - Free Report) . CB is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock holds a P/E ratio of 11.27, while its industry has an average P/E of 26.89. Over the last 12 months, CB's Forward P/E has been as high as 13.75 and as low as 11.11, with a median of 12.37.
We also note that CB holds a PEG ratio of 2.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CB's industry has an average PEG of 4.87 right now. Over the last 12 months, CB's PEG has been as high as 7.41 and as low as 2.71, with a median of 3.39.
If you're looking for another solid Insurance - Property and Casualty value stock, take a look at Selective Insurance Group (SIGI - Free Report) . SIGI is a Zacks Rank of #2 (Buy) stock with a Value score of A.
Shares of Selective Insurance Group currently hold a Forward P/E ratio of 9.89, and its PEG ratio is 0.83. In comparison, its industry sports average P/E and PEG ratios of 26.89 and 4.87.
SIGI's price-to-earnings ratio has been as high as 25.81 and as low as 9.60, with a median of 11.46, while its PEG ratio has been as high as 0.89 and as low as 0.78, with a median of 0.84, all within the past year.
Selective Insurance Group also has a P/B ratio of 1.49 compared to its industry's price-to-book ratio of 1.44. Over the past year, its P/B ratio has been as high as 2.09, as low as 1.44, with a median of 1.77.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Chubb Limited and Selective Insurance Group are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CB and SIGI feels like a great value stock at the moment.
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Are Investors Undervaluing Chubb Limited (CB) Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Chubb Limited (CB - Free Report) . CB is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock holds a P/E ratio of 11.27, while its industry has an average P/E of 26.89. Over the last 12 months, CB's Forward P/E has been as high as 13.75 and as low as 11.11, with a median of 12.37.
We also note that CB holds a PEG ratio of 2.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CB's industry has an average PEG of 4.87 right now. Over the last 12 months, CB's PEG has been as high as 7.41 and as low as 2.71, with a median of 3.39.
If you're looking for another solid Insurance - Property and Casualty value stock, take a look at Selective Insurance Group (SIGI - Free Report) . SIGI is a Zacks Rank of #2 (Buy) stock with a Value score of A.
Shares of Selective Insurance Group currently hold a Forward P/E ratio of 9.89, and its PEG ratio is 0.83. In comparison, its industry sports average P/E and PEG ratios of 26.89 and 4.87.
SIGI's price-to-earnings ratio has been as high as 25.81 and as low as 9.60, with a median of 11.46, while its PEG ratio has been as high as 0.89 and as low as 0.78, with a median of 0.84, all within the past year.
Selective Insurance Group also has a P/B ratio of 1.49 compared to its industry's price-to-book ratio of 1.44. Over the past year, its P/B ratio has been as high as 2.09, as low as 1.44, with a median of 1.77.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Chubb Limited and Selective Insurance Group are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CB and SIGI feels like a great value stock at the moment.