P/E ratio for Loews Corporation (L)
P/E ratio as of April 2024 (TTM): 13.1
According to Loews Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1063. At the end of 2022 the company had a P/E ratio of 17.1.
P/E ratio history for Loews Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.1 | 80.06% |
| 2021 | 9.50 | -169.21% |
| 2020 | -13.7 | -180.28% |
| 2019 | 17.1 | -25.63% |
| 2018 | 23.0 | 58.99% |
| 2017 | 14.5 | -40.41% |
| 2016 | 24.3 | -57.22% |
| 2015 | 56.7 | 110.27% |
| 2014 | 27.0 | -14.44% |
| 2013 | 31.5 | 11.42% |
| 2012 | 28.3 | 105.47% |
| 2011 | 13.8 | 9.02% |
| 2010 | 12.6 | -54.82% |
| 2009 | 28.0 | 752.21% |
| 2008 | 3.28 | -76.21% |
| 2007 | 13.8 | 25.05% |
| 2006 | 11.0 | -39.88% |
| 2005 | 18.3 | 47.19% |
| 2004 | 12.5 | -196.78% |
| 2003 | -12.9 | -242.71% |
| 2002 | 9.03 | -146.81% |
| 2001 | -19.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Allstate ALL | -21.7 | -265.82% | 🇺🇸 USA |
 The Hartford HIG | 13.4 | 1.99% | 🇺🇸 USA |
 Progressive PGR | 45.5 | 246.93% | 🇺🇸 USA |
 W. R. Berkley WRB | 15.6 | 18.65% | 🇺🇸 USA |
 Chubb CB | 14.4 | 9.91% | 🇨🇭 Switzerland |
 The Travelers Companies TRV | 22.9 | 74.62% | 🇺🇸 USA |
 White Mountains Insurance Group WTM | 4.46 | -65.98% | 🇧🇲 Bermuda |
 American Financial Group
AFG | 12.6 | -3.62% | 🇺🇸 USA |
 RLI Corp.
RLI | 23.2 | 76.96% | 🇺🇸 USA |
 CNA Financial CNA | 10.9 | -16.80% | 🇺🇸 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.