Loews (MIL:1LOE) Cyclically Adjusted PB Ratio: 1.61 (As of Jul. 30, 2026) — 69% Above Median

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MIL:1LOE Loews Corp MIL:1LOE
65 GF Score
Price €100.80
GF Value €85.97
! 7 Warning Signs
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What is Loews Cyclically Adjusted PB Ratio?

Loews MIL:1LOE 65 Cyclically Adjusted PB Ratio is 1.61 as of Jul. 30, 2026, which is 69% above its 10-year median of 0.95. GuruFocus rates MIL:1LOE with a GF Score™ of 65/100 and a GF Value™ of €85.97. The stock has 7 warning signs investors should review. Among 415 Insurance companies, Loews ranks worse than 53.49% on this metric.

As of today (2026-07-30), Loews's current share price is €100.80. Loews's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €62.75. Loews's Cyclically Adjusted PB Ratio for today is 1.61.

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

MIL:1LOE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.95   Max: 1.51
Current: 1.51

During the past years, Loews's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.52. And the median was 0.95.

MIL:1LOE's Cyclically Adjusted PB Ratio is ranked worse than
53.49% of 415 companies
in the Insurance industry
Industry Median: 1.42 vs MIL:1LOE: 1.51

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 €78.627. 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 €62.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loews  (MIL:1LOE) 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

MIL:1LOE 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.


MIL:1LOE
65GF Score
Loews Corp MIL:1LOE
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
=100.80/62.75
=1.61

* 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)
=78.627/330.2130*330.2130
=78.627

Current CPI (Mar. 2026) = 330.2130.

Loews Quarterly Data

Book Value per Share CPI Adj_Book
201606 47.337 241.018 64.855
201609 48.310 241.428 66.076
201612 51.151 241.432 69.961
201703 51.340 243.801 69.537
201706 49.751 244.955 67.067
201709 47.407 246.819 63.425
201712 48.863 246.524 65.451
201803 46.618 249.554 61.686
201806 51.119 251.989 66.988
201809 51.571 252.439 67.460
201812 52.154 251.233 68.550
201903 55.147 254.202 71.637
201906 57.072 256.143 73.576
201909 58.930 256.759 75.789
201912 59.137 256.974 75.991
202003 54.558 258.115 69.797
202006 54.475 257.797 69.777
202009 53.624 260.280 68.032
202012 54.533 260.474 69.134
202103 54.979 264.877 68.540
202106 57.757 271.696 70.197
202109 59.679 274.310 71.841
202112 63.582 278.802 75.307
202203 61.112 287.504 70.190
202206 59.504 296.311 66.312
202209 58.721 296.808 65.330
202212 57.405 296.797 63.868
202303 59.225 301.836 64.793
202306 59.610 305.109 64.515
202309 60.368 307.789 64.766
202312 64.818 306.746 69.777
202403 67.043 312.332 70.881
202406 69.277 314.175 72.813
202409 71.432 315.301 74.810
202412 75.911 315.605 79.425
202503 75.598 319.799 78.060
202506 73.189 322.561 74.925
202509 75.307 324.800 76.562
202512 77.464 324.054 78.936
202603 78.627 330.213 78.627

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 1.61 mean?
Loews (MIL:1LOE) has a Cyclically Adjusted PB Ratio of 1.61 as of Jul. 30, 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 69% above median its historical median of 0.95. Over the past decade, Loews' Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.51. According to the industry distribution chart, Loews ranks #222 out of 415 companies in the Insurance industry, placing it in the top 53.5%.
Is Loews' Cyclically Adjusted PB Ratio too high?
Loews' current Cyclically Adjusted PB Ratio of 1.61 is 69% above median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.51. The Insurance industry median Cyclically Adjusted PB Ratio is 1.42. Loews' value of 1.61 is 13.4% above this industry median. Based on the distribution chart, Loews ranks #222 out of 415 companies in the Insurance industry, which is below the industry midpoint. Overall, Loews has a GF Score™ of 65/100, 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 #222 out of 415 companies for Cyclically Adjusted PB Ratio. This places Loews in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Loews' value of 1.61 is 13.4% above this benchmark. Historically, Loews' own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.51 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.42, 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 1.42, based on 415 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 1.61 is 13.4% 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 1.42 — 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 1.61, which is 69% above median its own 10-year median of 0.95. 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?
Loews (MIL:1LOE) has a current Cyclically Adjusted PB Ratio of 1.61. The stock's GF Value™ is €85.97, compared to a current price of €100.80 — trading 17.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.61, which is 69% above median its 10-year median of 0.95 and 13.4% above the Insurance industry median of 1.42. 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 (MIL:1LOE), the current Cyclically Adjusted PB Ratio is 1.61 as of Jul. 30, 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 (MIL:1LOE) Overvalued in 2026?

Based on GuruFocus' analysis, Loews stock appears to be overvalued. The current stock price of €100.80 is trading 17.3% above its estimated GF Value™ of €85.97.

Key valuation signals for MIL:1LOE:

  • Cyclically Adjusted PB Ratio: 1.61 (69% above median its 10-year median of 0.95)
  • GF Value™: €85.97 vs. price of €100.80 (17.3% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 13.4% above the Insurance median (#222 of 415)

No single metric tells the full story. See the MIL:1LOE 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 MIL:1LOE

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

€100.80
Price
€85.97
GF Value