P/E ratio for Loews Corporation (L)

P/E ratio history for Loews Corporation from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Chubb CB	16.0	11.76%	🇨🇭 Switzerland
RLI Corp. RLI	26.5	84.54%	🇺🇸 USA
White Mountains Insurance Group WTM	4.78	-66.64%	🇧🇲 Bermuda
W. R. Berkley WRB	11.8	-17.99%	🇺🇸 USA
The Travelers Companies TRV	25.8	79.81%	🇺🇸 USA
Allstate ALL	-24.4	-270.35%	🇺🇸 USA
Progressive PGR	52.4	265.52%	🇺🇸 USA
American Financial Group AFG	13.5	-5.76%	🇺🇸 USA
The Hartford HIG	14.7	2.72%	🇺🇸 USA
CNA Financial CNA	12.1	-15.70%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.