As at May 1, 2024, the L stock has a PE ratio of 12.11. This is based on the current EPS of $6.3 and the stock price of $76.28 per share. A decrease of 4.5% has been seen in the P/E ratio compared to the average of 12.7 of the last 4 quarters.
The mean historical PE ratio of Loews over the last ten years is 38.6. The current 12.11 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 12.11 is below the average of its peers, which is 16.3.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WTM White Mountains Insurance Group Ltd | 9.19 | $4.66B |
| CNA Cna Financial Corp | 10.04 | $12.08B |
| CB Chubb Ltd | 11.03 | $101.62B |
| L Loews Corp | 12.15 | $17.01B |
| AFG American Financial Group Inc | 12.69 | $10.68B |
| WRB Berkley W R Corp | 15.49 | $20.27B |
| TRV Travelers Companies Inc | 15.77 | $49.09B |
| RLI Rli Corp | 19.58 | $6.54B |
| OB Outbrain Inc | 22.1 | $216.82M |
| PGR Progressive Corp | 31.62 | $122.42B |
| ALL Allstate Corp | 36.62 | $44.65B |
L's price to earnings ratio is 12.11 as of May 1, 2024.
The average PE ratio for L stock over the past 3 years is 12.36.
The average PE ratio for L stock over the past 5 years is 14.54.
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 (May 1, 2024), Loews's stock price is $76.28. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $6.3. Therefore, Loews's P/E ratio for today is 12.11. PE RATIO(12.11) = STOCK PRICE($76.28) / TTM EPS($6.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.