Loews (MEX:L) Cyclically Adjusted PB Ratio: 1.45 (As of Jul. 13, 2026) — 54% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:L Loews Corp MEX:L
65 GF Score
Price MXN2,012.44
GF Value MXN1,776.42
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Loews Cyclically Adjusted PB Ratio?

Loews MEX:L +9.55% 65 Cyclically Adjusted PB Ratio is 1.45 as of Jul. 13, 2026, which is 54% above its 10-year median of 0.94. GuruFocus rates MEX:L with a GF Score™ of 65/100 and a GF Value™ of MXN1,776.42 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 416 Insurance companies, Loews ranks worse than 51.68% on this metric.

As of today (2026-07-13), Loews's current share price is MXN2012.44. Loews's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1,388.74. Loews's Cyclically Adjusted PB Ratio for today is 1.45.

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

MEX:L' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.94   Max: 1.48
Current: 1.46

During the past years, Loews's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.52. And the median was 0.94.

MEX:L's Cyclically Adjusted PB Ratio is ranked worse than
51.68% of 416 companies
in the Insurance industry
Industry Median: 1.405 vs MEX:L: 1.46

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Loews's adjusted book value per share data for the three months ended in Mar. 2026 was MXN1,639.137. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN1,388.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loews  (MEX:L) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Loews Cyclically Adjusted PB Ratio Related Terms


Loews Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Loews's Cyclically Adjusted PB 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.

Loews Cyclically Adjusted PB Ratio Chart

Loews Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.86 0.99 1.15 1.37

Loews Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB 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 1.23 1.21 1.31 1.37 1.35

MEX:L vs MKL, WRB, CINF: Cyclically Adjusted PB Ratio Comparison

For the Insurance - Property & Casualty subindustry, Loews's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Insurance Industry

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

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


MEX:L
65GF Score
Loews Corp MEX:L
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Loews Cyclically Adjusted PB Ratio Calculation

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

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2012.44/1388.74
=1.45

* 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 Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Loews's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1639.137/330.2130*330.2130
=1,639.137

Current CPI (Mar. 2026) = 330.2130.

Loews Quarterly Data

Book Value per Share CPI Adj_Book
201606 983.630 241.018 1,347.648
201609 1,048.376 241.428 1,433.916
201612 1,112.428 241.432 1,521.498
201703 1,033.889 243.801 1,400.337
201706 1,010.449 244.955 1,362.142
201709 1,025.438 246.819 1,371.908
201712 1,135.673 246.524 1,521.207
201803 1,044.309 249.554 1,381.843
201806 1,173.443 251.989 1,537.711
201809 1,125.588 252.439 1,472.371
201812 1,165.014 251.233 1,531.259
201903 1,208.748 254.202 1,570.186
201906 1,238.747 256.143 1,596.961
201909 1,281.271 256.759 1,647.819
201912 1,239.249 256.974 1,592.442
202003 1,413.562 258.115 1,808.405
202006 1,415.985 257.797 1,813.740
202009 1,395.306 260.280 1,770.202
202012 1,319.675 260.474 1,673.003
202103 1,337.892 264.877 1,667.904
202106 1,385.198 271.696 1,683.537
202109 1,443.660 274.310 1,737.871
202112 1,473.804 278.802 1,745.573
202203 1,340.088 287.504 1,539.159
202206 1,265.431 296.311 1,410.213
202209 1,169.488 296.808 1,301.111
202212 1,185.569 296.797 1,319.051
202303 1,142.964 301.836 1,250.419
202306 1,107.210 305.109 1,198.310
202309 1,122.241 307.789 1,204.002
202312 1,199.829 306.746 1,291.620
202403 1,209.413 312.332 1,278.652
202406 1,366.168 314.175 1,435.908
202409 1,561.061 315.301 1,634.891
202412 1,657.771 315.605 1,734.502
202503 1,672.008 319.799 1,726.456
202506 1,589.490 322.561 1,627.197
202509 1,621.424 324.800 1,648.446
202512 1,633.243 324.054 1,664.285
202603 1,639.137 330.213 1,639.137

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 1.45 mean?
Loews (MEX:L) has a Cyclically Adjusted PB Ratio of 1.45 as of Jul. 13, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Loews and its competitors. This is 54% above median its historical median of 0.94. Over the past decade, Loews' Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.48. According to the industry distribution chart, Loews ranks #215 out of 416 companies in the Insurance industry, placing it in the top 51.7%.
Is Loews' Cyclically Adjusted PB Ratio too high?
Loews' current Cyclically Adjusted PB Ratio of 1.45 is 54% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.48. The Insurance industry median Cyclically Adjusted PB Ratio is 1.41. Loews' value of 1.45 is 3.2% above this industry median. Based on the distribution chart, Loews ranks #215 out of 416 companies in the Insurance industry, which is below the industry midpoint. Overall, Loews has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Loews' Cyclically Adjusted PB Ratio compare to MKL and WRB?
According to the Insurance industry distribution chart, Loews ranks #215 out of 416 companies for Cyclically Adjusted PB Ratio. This places Loews in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Loews' value of 1.45 is 3.2% above this benchmark. Historically, Loews' own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.48 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.41, Loews has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.41, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Loews's current Cyclically Adjusted PB Ratio of 1.45 is 3.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Loews and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Loews's current Cyclically Adjusted PB Ratio is 1.45, which is 54% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loews stock overvalued right now?
Based on GuruFocus' analysis, Loews (MEX:L) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,776.42, compared to a current price of MXN2,012.44 — trading 13.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.45, which is 54% above median its 10-year median of 0.94 and 3.2% above the Insurance industry median of 1.41. Loews' overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Loews (MEX:L), the current Cyclically Adjusted PB Ratio is 1.45 as of Jul. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Loews (MEX:L) Overvalued in 2026?

Based on GuruFocus' analysis, Loews stock appears to be overvalued. The current stock price of MXN2,012.44 is trading 13.3% above its estimated GF Value™ of MXN1,776.42. GuruFocus considers Loews to be Modestly Overvalued.

Key valuation signals for MEX:L:

  • Cyclically Adjusted PB Ratio: 1.45 (54% above median its 10-year median of 0.94)
  • GF Value™: MXN1,776.42 vs. price of MXN2,012.44 (13.3% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 3.2% above the Insurance median (#215 of 416)

No single metric tells the full story. See the MEX:L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Loews Business Description

Address 9 West 57th Street, New York, NY, USA, 10019-2714
Loews Corp is a holding company along with its subsidiary engaged in commercial property and casualty insurance, transportation and storage of natural gas and natural gas liquids, operation of a chain of hotels, and also in the manufacture of rigid plastic packaging solutions. It has four reportable segments comprised of three individual consolidated operating subsidiaries, CNA Financial Corporation, Boardwalk Pipeline Partners, LP and Loews Hotels Holding Corporation; and the Corporate segment.
65GF Score

Get the complete analysis for MEX:L

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,012.44
Price
MXN1,776.42
GF Value