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Loews (FRA:LTR) Cyclically Adjusted PS Ratio : 1.35 (As of May. 19, 2024)


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What is Loews Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Loews's current share price is €71.00. Loews's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €52.53. Loews's Cyclically Adjusted PS Ratio for today is 1.35.

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

FRA:LTR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.2   Max: 1.41
Current: 1.36

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.

FRA:LTR's Cyclically Adjusted PS Ratio is ranked worse than
62.81% of 406 companies
in the Insurance industry
Industry Median: 1.03 vs FRA:LTR: 1.36

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 €17.249. 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 €52.53 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
=71.00/52.53
=1.35

* 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)
=17.249/131.7762*131.7762
=17.249

Current CPI (Mar. 2024) = 131.7762.

Loews Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.844 100.560 8.969
201409 7.172 100.428 9.411
201412 7.622 99.070 10.138
201503 8.611 99.621 11.390
201506 8.273 100.684 10.828
201509 7.819 100.392 10.263
201512 8.826 99.792 11.655
201603 8.399 100.470 11.016
201606 8.689 101.688 11.260
201609 8.675 101.861 11.223
201612 9.379 101.863 12.133
201703 9.137 102.862 11.705
201706 8.852 103.349 11.287
201709 8.745 104.136 11.066
201712 8.919 104.011 11.300
201803 8.835 105.290 11.058
201806 9.610 106.317 11.911
201809 9.760 106.507 12.076
201812 9.125 105.998 11.344
201903 10.713 107.251 13.163
201906 10.529 108.070 12.839
201909 10.988 108.329 13.366
201912 11.582 108.420 14.077
202003 9.771 108.902 11.823
202006 10.928 108.767 13.240
202009 10.310 109.815 12.372
202012 10.848 109.897 13.008
202103 11.215 111.754 13.224
202106 10.398 114.631 11.953
202109 10.842 115.734 12.345
202112 12.517 117.630 14.022
202203 12.359 121.301 13.426
202206 13.005 125.017 13.708
202209 14.653 125.227 15.419
202212 15.047 125.222 15.835
202303 15.016 127.348 15.538
202306 15.519 128.729 15.886
202309 16.158 129.860 16.396
202312 17.179 129.419 17.492
202403 17.249 131.776 17.249

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  (FRA:LTR) 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 (FRA:LTR) 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.

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