As of Q4'25, CB's latest P/E ratio stands at 9.75, marking the lowest point in the observed period from Q1'23 to Q4'25. This recent figure reflects a notable decline from the previous quarter's value of 11.46. Over the period from Q1'23 to Q4'25, CB's P/E ratio has demonstrated a generally downward trend, starting at 15.88 in Q1'23 and gradually decreasing, with intermittent minor rebounds in Q2'24 and Q1'25. The most significant drop occurred between Q1'23 and Q1'24, after which the ratio fluctuated within a narrower range before reaching its current low, indicating a sustained compression in valuation multiples.