L Loews PE ratio, current and historical analysis
As at Oct 21, 2024, the L stock has a PE ratio of 11.89. This is based on the current EPS of $6.82 and the stock price of $81.07 per share. An increase of 7% has been seen in the P/E ratio compared to the average of 11.1 of the last 4 quarters.
L PE ratio history
The mean historical PE ratio of Loews over the last ten years is 34.84. The current 11.89 PE ratio is 66% 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.
Loews PE ratio by year
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% |
L average PE ratio chart
Currently, L's PE ratio is below the 3, 5 and 10-year averages.
L PE vs peers
L's PE ratio is lower than its peer stocks PGR and CB, but it is greater than CNA's and WTM's. Loews's current PE ratio of 11.89 is below the average of its peers, which is 14.99.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WTM White Mountains Insurance Group Ltd | 9.54 | $4.71B |
| CNA Cna Financial Corp | 10.44 | $13.32B |
| L Loews Corp | 11.81 | $17.68B |
| CB Chubb Ltd | 12.42 | $119.67B |
| AFG American Financial Group Inc | 12.44 | $11.08B |
| TRV Travelers Companies Inc | 13.07 | $58.54B |
| WRB Berkley W R Corp | 15.16 | $22.15B |
| ALL Allstate Corp | 17.37 | $50.68B |
| PGR Progressive Corp | 21.03 | $144.36B |
| RLI Rli Corp | 21.3 | $7.21B |
| OB Outbrain Inc | N/A | $225.88M |
Frequently asked questions
What is Loews's PE ratio?
L's price to earnings ratio is 11.89 as of Oct 21, 2024.
What is the 3-year average PE ratio for Loews (L)?
The average PE ratio for L stock over the past 3 years is 12.74.
What is the 5-year average PE ratio for Loews (L)?
The average PE ratio for L stock over the past 5 years is 12.55.
What is the highest PE ratio for L?
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 513.63.
How does the current PE ratio for L compare to its historical average?
L's current price to earnings ratio is 66% below its 10-year historical average.
How is L's PE ratio calculated (Loews PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Oct 21, 2024), Loews's stock price is $81.07. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $6.82. Therefore, Loews's P/E ratio for today is 11.89. PE RATIO(11.89) = STOCK PRICE($81.07) / TTM EPS($6.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.