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Loews (BSP:L1OE34) Shiller PE Ratio : 25.92 (As of May. 14, 2024)


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What is Loews Shiller PE Ratio?

As of today (2024-05-14), Loews's current share price is R$302.25. Loews's E10 for the quarter that ended in Mar. 2024 was R$11.66. Loews's Shiller PE Ratio for today is 25.92.

The historical rank and industry rank for Loews's Shiller PE Ratio or its related term are showing as below:

BSP:L1OE34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.36   Med: 19.96   Max: 35.72
Current: 25.6

During the past years, Loews's highest Shiller PE Ratio was 35.72. The lowest was 11.36. And the median was 19.96.

BSP:L1OE34's Shiller PE Ratio is ranked worse than
80.17% of 363 companies
in the Insurance industry
Industry Median: 13.49 vs BSP:L1OE34: 25.60

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Loews's adjusted earnings per share data for the three months ended in Mar. 2024 was R$10.209. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$11.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loews Shiller PE Ratio Historical Data

The historical data trend for Loews's Shiller PE 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 Shiller PE Ratio Chart

Loews Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.80 27.53 28.32 25.07 24.54

Loews Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 23.71 23.37 24.54 24.54 25.91

Competitive Comparison of Loews's Shiller PE Ratio

For the Insurance - Property & Casualty subindustry, Loews's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Loews's Shiller PE Ratio falls into.



Loews Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Loews's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=302.25/11.66
=25.92

* 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 E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.209/129.4194*129.4194
=10.209

Current CPI (Mar. 2024) = 129.4194.

Loews Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.671 100.560 0.864
201409 1.286 100.428 1.657
201412 1.453 99.070 1.898
201503 0.911 99.621 1.183
201506 1.431 100.684 1.839
201509 1.952 100.392 2.516
201512 -2.295 99.792 -2.976
201603 1.109 100.470 1.429
201606 -0.650 101.688 -0.827
201609 3.156 101.861 4.010
201612 2.851 101.863 3.622
201703 2.721 102.862 3.424
201706 2.274 103.349 2.848
201709 1.441 104.136 1.791
201712 4.712 104.011 5.863
201803 2.918 105.290 3.587
201806 2.715 106.317 3.305
201809 3.616 106.507 4.394
201812 -1.981 105.998 -2.419
201903 4.878 107.251 5.886
201906 3.162 108.070 3.787
201909 0.989 108.329 1.182
201912 2.996 108.420 3.576
202003 -10.750 108.902 -12.775
202006 -15.358 108.767 -18.274
202009 2.700 109.815 3.182
202012 7.100 109.897 8.361
202103 5.466 111.754 6.330
202106 14.382 114.631 16.237
202109 4.487 115.734 5.018
202112 7.351 117.630 8.088
202203 6.420 121.301 6.850
202206 3.432 125.017 3.553
202209 -0.472 125.227 -0.488
202212 7.763 125.222 8.023
202303 8.386 127.348 8.522
202306 7.669 128.729 7.710
202309 5.531 129.860 5.512
202312 9.702 129.419 9.702
202403 10.209 129.419 10.209

Add all the adjusted EPS together and divide 10 will get our E10.

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) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Loews Shiller PE Ratio Related Terms

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


Loews (BSP:L1OE34) Business Description

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.

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