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L Loews PE ratio, current and historical analysis

As at Jul 23, 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 $78.35 per share. The current PE ratio is comparable to the past four-quarter average.

L PE ratio history

How has L's PE ratio performed in the past

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.

Average
37.01
Median
16.83
Minimum
8.86
Maximum
513.63

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

What is the average PE ratio of L for the past years

Currently, L's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
12.55
5-year avg
13.78
10-year avg
37.01
15-year avg
31.98

L PE vs peers

What is L's PE ratio compared to its peers

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 14.83.

Stock name PE ratio Market cap
WTM White Mountains Insurance Group Ltd 7.85 $4.45B
CNA Cna Financial Corp 10.32 $12.82B
CB Chubb Ltd 11.6 $106.9B
L Loews Corp 11.64 $17.35B
AFG American Financial Group Inc 11.96 $10.5B
TRV Travelers Companies Inc 13.05 $47.53B
WRB Berkley W R Corp 13.78 $20.02B
RLI Rli Corp 19.66 $6.57B
PGR Progressive Corp 22.03 $126.45B
OB Outbrain Inc 23.24 $238.35M
ALL Allstate Corp 37.58 $45.82B

Frequently asked questions

What is Loews's PE ratio?

L's price to earnings ratio is 11.64 as of Jul 23, 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 12.55.

What is the 5-year average PE ratio for Loews (L)?

The average PE ratio for L stock over the past 5 years is 13.78.

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 69% 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 (Jul 23, 2024), Loews's stock price is $78.35. 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($78.35) / TTM EPS($6.73)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.