GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Loews Corp (FRA:LTR) » Definitions » Shiller PE Ratio

Loews (FRA:LTR) Shiller PE Ratio : 27.84 (As of May. 07, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Loews Shiller PE Ratio?

As of today (2024-05-07), Loews's current share price is €71.00. Loews's E10 for the quarter that ended in Dec. 2023 was €2.55. Loews's Shiller PE Ratio for today is 27.84.

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

FRA:LTR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.36   Med: 19.88   Max: 35.72
Current: 27.41

During the past years, Loews's highest Shiller PE Ratio was 35.72. The lowest was 11.36. And the median was 19.88.

FRA:LTR's Shiller PE Ratio is ranked worse than
82.32% of 362 companies
in the Insurance industry
Industry Median: 13.285 vs FRA:LTR: 27.41

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 Dec. 2023 was €1.816. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.55 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.07 23.71 23.37 24.54 24.54

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
=71.00/2.55
=27.84

* 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 Dec. 2023 is calculated as:

For example, Loews's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.816/129.4194*129.4194
=1.816

Current CPI (Dec. 2023) = 129.4194.

Loews Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.108 99.695 0.140
201406 0.221 100.560 0.284
201409 0.427 100.428 0.550
201412 0.446 99.070 0.583
201503 0.268 99.621 0.348
201506 0.410 100.684 0.527
201509 0.445 100.392 0.574
201512 -0.543 99.792 -0.704
201603 0.269 100.470 0.347
201606 -0.169 101.688 -0.215
201609 0.864 101.861 1.098
201612 0.806 101.863 1.024
201703 0.813 102.862 1.023
201706 0.614 103.349 0.769
201709 0.386 104.136 0.480
201712 1.208 104.011 1.503
201803 0.722 105.290 0.887
201806 0.616 106.317 0.750
201809 0.754 106.507 0.916
201812 -0.448 105.998 -0.547
201903 1.124 107.251 1.356
201906 0.726 108.070 0.869
201909 0.218 108.329 0.260
201912 0.657 108.420 0.784
202003 -1.991 108.902 -2.366
202006 -2.628 108.767 -3.127
202009 0.425 109.815 0.501
202012 1.134 109.897 1.335
202103 0.815 111.754 0.944
202106 2.374 114.631 2.680
202109 0.723 115.734 0.808
202112 1.151 117.630 1.266
202203 1.171 121.301 1.249
202206 0.643 125.017 0.666
202209 -0.091 125.227 -0.094
202212 1.397 125.222 1.444
202303 1.504 127.348 1.528
202306 1.458 128.729 1.466
202309 1.049 129.860 1.045
202312 1.816 129.419 1.816

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  (FRA:LTR) 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 (FRA:LTR) 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.

Loews (FRA:LTR) Headlines

No Headlines