As at Jul 25, 2024, the L stock has a PE ratio of 11.64. This is based on the current EPS of $6.73 and the stock price of $78.31 per share. The current PE ratio is comparable to the past four-quarter average.
The mean historical PE ratio of Loews over the last ten years is 37.01. The current 11.64 PE ratio is 69% below the historical average. Over the past ten years, L's PE ratio was at its highest in the Jun 2016 quarter at 513.63, with a price of $41.09 and an EPS of $0.08. The Sep 2021 quarter recorded the bottom point at 8.86, with a price of $53.93 and an EPS of $6.09.
Maximum annual increase: 96.72% in 2015
Maximum annual decrease: -54.51% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.05 | -35.79% |
| 2022 | 17.21 | 79.46% |
| 2021 | 9.59 | N/A |
| 2020 | N/A | N/A |
| 2019 | 17.04 | -25.49% |
| 2018 | 22.87 | 58.16% |
| 2017 | 14.46 | -40.4% |
| 2016 | 24.26 | -54.51% |
| 2015 | 53.33 | 96.72% |
| 2014 | 27.11 | -14.02% |
Currently, L's PE ratio is below the 3, 5 and 10-year averages.
L's PE ratio is lower than its peer stocks PGR and TRV, but it is greater than CB's and CNA's. Loews's current PE ratio of 11.64 is below the average of its peers, which is 14.78.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WTM White Mountains Insurance Group Ltd | 7.92 | $4.49B |
| CNA Cna Financial Corp | 10.59 | $13.16B |
| CB Chubb Ltd | 11.9 | $109.66B |
| L Loews Corp | 11.9 | $17.73B |
| AFG American Financial Group Inc | 12.23 | $10.73B |
| TRV Travelers Companies Inc | 13.38 | $48.74B |
| WRB Berkley W R Corp | 14.27 | $20.74B |
| RLI Rli Corp | 19.86 | $6.72B |
| PGR Progressive Corp | 22.01 | $126.32B |
| OB Outbrain Inc | 23.5 | $241.04M |
| ALL Allstate Corp | 36.62 | $44.65B |
L's price to earnings ratio is 11.64 as of Jul 25, 2024.
The average PE ratio for L stock over the past 3 years is 12.55.
The average PE ratio for L stock over the past 5 years is 13.78.
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 513.63.
L's current price to earnings ratio is 69% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Loews's stock price is $78.31. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.73. Therefore, Loews's P/E ratio for today is 11.64. PE RATIO(11.64) = STOCK PRICE($78.31) / TTM EPS($6.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.