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Loews (BSP:L1OE34) E10 : R$20.65 (As of Dec. 2024)


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What is Loews E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E 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 Dec. 2024 was R$5.247. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$20.65 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Loews's average E10 Growth Rate was 18.00% per year. During the past 3 years, the average E10 Growth Rate was 18.00% per year. During the past 5 years, the average E10 Growth Rate was 11.00% per year. During the past 10 years, the average E10 Growth Rate was -1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Loews was 26.40% per year. The lowest was -16.60% per year. And the median was 3.50% per year.

As of today (2025-04-05), Loews's current stock price is R$475.00. Loews's E10 for the quarter that ended in Dec. 2024 was R$20.65. Loews's Shiller PE Ratio of today is 23.00.

During the past 13 years, the highest Shiller PE Ratio of Loews was 35.72. The lowest was 11.36. And the median was 23.00.


Loews E10 Historical Data

The historical data trend for Loews's E10 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 E10 Chart

Loews Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.44 11.31 12.07 12.33 20.65

Loews Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 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 12.33 11.85 13.02 19.11 20.65

Competitive Comparison of Loews's E10

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.


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Loews E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.247/133.1571*133.1571
=5.247

Current CPI (Dec. 2024) = 133.1571.

Loews Quarterly Data

per share eps CPI Adj_EPS
201503 0.911 99.621 1.218
201506 1.431 100.684 1.893
201509 1.952 100.392 2.589
201512 -2.295 99.792 -3.062
201603 1.109 100.470 1.470
201606 -0.650 101.688 -0.851
201609 3.156 101.861 4.126
201612 2.851 101.863 3.727
201703 2.721 102.862 3.522
201706 2.274 103.349 2.930
201709 1.441 104.136 1.843
201712 4.712 104.011 6.032
201803 2.918 105.290 3.690
201806 2.715 106.317 3.400
201809 3.616 106.507 4.521
201812 -1.981 105.998 -2.489
201903 4.878 107.251 6.056
201906 3.162 108.070 3.896
201909 0.989 108.329 1.216
201912 2.996 108.420 3.680
202003 -10.750 108.902 -13.144
202006 -15.358 108.767 -18.802
202009 2.700 109.815 3.274
202012 7.100 109.897 8.603
202103 5.466 111.754 6.513
202106 14.382 114.631 16.706
202109 4.487 115.734 5.162
202112 7.351 117.630 8.321
202203 6.420 121.301 7.047
202206 3.432 125.017 3.655
202209 -0.472 125.227 -0.502
202212 7.763 125.222 8.255
202303 8.386 127.348 8.769
202306 7.669 128.729 7.933
202309 5.531 129.860 5.671
202312 9.702 129.419 9.982
202403 10.209 131.776 10.316
202406 8.995 132.554 9.036
202409 10.079 133.029 10.089
202412 5.247 133.157 5.247

Add all the adjusted EPS together and divide 10 will get our e10.


Loews  (BSP:L1OE34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=475.00/20.65
=23.00

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Loews was 35.72. The lowest was 11.36. And the median was 23.00.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Loews E10 Related Terms

Thank you for viewing the detailed overview of Loews's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Loews Business Description

Traded in Other Exchanges
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.

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