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Loews (BSP:L1OE34) Cyclically Adjusted PS Ratio : 1.37 (As of May. 31, 2024)


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What is Loews Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Loews's current share price is R$302.25. Loews's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$220.52. Loews's Cyclically Adjusted PS Ratio for today is 1.37.

The historical rank and industry rank for Loews's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:L1OE34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.2   Max: 1.41
Current: 1.32

During the past years, Loews's highest Cyclically Adjusted PS Ratio was 1.41. The lowest was 0.70. And the median was 1.20.

BSP:L1OE34's Cyclically Adjusted PS Ratio is ranked worse than
60.25% of 395 companies
in the Insurance industry
Industry Median: 1.01 vs BSP:L1OE34: 1.32

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Loews's adjusted revenue per share data for the three months ended in Mar. 2024 was R$93.368. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$220.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loews Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Loews's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Loews Cyclically Adjusted PS Ratio Chart

Loews Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.04 1.22 1.13 1.25

Loews Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 1.10 1.15 1.25 1.37

Competitive Comparison of Loews's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Loews's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Loews's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Loews's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Loews's Cyclically Adjusted PS Ratio falls into.



Loews Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Loews's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=302.25/220.52
=1.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Loews's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Loews's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=93.368/131.7762*131.7762
=93.368

Current CPI (Mar. 2024) = 131.7762.

Loews Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.793 100.560 27.248
201409 21.607 100.428 28.352
201412 24.830 99.070 33.027
201503 29.277 99.621 38.727
201506 28.891 100.684 37.813
201509 34.254 100.392 44.963
201512 37.311 99.792 49.269
201603 34.587 100.470 45.364
201606 33.423 101.688 43.312
201609 31.672 101.861 40.974
201612 33.181 101.863 42.925
201703 30.564 102.862 39.155
201706 32.776 103.349 41.791
201709 32.652 104.136 41.319
201712 34.778 104.011 44.062
201803 35.721 105.290 44.707
201806 42.335 106.317 52.473
201809 46.792 106.507 57.894
201812 40.312 105.998 50.116
201903 46.493 107.251 57.125
201906 45.870 108.070 55.932
201909 49.854 108.329 60.644
201912 52.822 108.420 64.201
202003 52.753 108.902 63.834
202006 63.850 108.767 77.357
202009 65.575 109.815 78.689
202012 67.896 109.897 81.413
202103 75.237 111.754 88.716
202106 62.995 114.631 72.417
202109 67.336 115.734 76.669
202112 79.978 117.630 89.597
202203 67.733 121.301 73.582
202206 69.392 125.017 73.144
202209 76.075 125.227 80.054
202212 83.607 125.222 87.983
202303 83.741 127.348 86.653
202306 81.608 128.729 83.540
202309 85.164 129.860 86.421
202312 91.795 129.419 93.467
202403 93.368 131.776 93.368

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Loews  (BSP:L1OE34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Loews Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Loews's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Loews (BSP:L1OE34) Business Description

Industry
Traded in Other Exchanges
Address
667 Madison Avenue, New York, NY, USA, 10065-8087
Loews Corp is a holding company that is supported by a variety of businesses. Its largest subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.

Loews (BSP:L1OE34) Headlines

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