Back to L overview

L Loews PE ratio, current and historical analysis

As at Feb 23, 2024, the L stock has a PE ratio of 11.93. This is based on the current EPS of $6.3 and the stock price of $75.19 per share. A decrease of 6% has been seen in the P/E ratio compared to the average of 12.7 of the last 4 quarters.

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 38.69. The current 11.93 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
38.69
Median
17.21
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
12.36
5-year avg
14.92
10-year avg
38.69
15-year avg
31.83

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 11.93 is below the average of its peers, which is 15.17.

Stock name PE ratio Market cap
CNA Cna Financial Corp 9.93 $11.94B
CB Chubb Ltd 11.61 $103.51B
L Loews Corp 11.86 $16.61B
AFG American Financial Group Inc 12.55 $10.56B
WTM White Mountains Insurance Group Ltd 16.27 $4.56B
WRB Berkley W R Corp 16.77 $21.95B
TRV Travelers Companies Inc 17.01 $50.39B
RLI Rli Corp 21.96 $6.7B
PGR Progressive Corp 41.73 $112.78B
ALL Allstate Corp N/A $42.15B
OB Outbrain Inc N/A $207.64M

Frequently asked questions

What is Loews's PE ratio?

L's price to earnings ratio is 11.93 as of Feb 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 12.36.

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

The average PE ratio for L stock over the past 5 years is 14.92.

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 (Feb 23, 2024), Loews's stock price is $75.19. 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 11.93. PE RATIO(11.93) = STOCK PRICE($75.19) / TTM EPS($6.3)

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