P/E ratio for Loews Corporation (L)

P/E ratio history for Loews Corporation from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Chubb CB	16.7	14.30%	🇨🇭 Switzerland
RLI Corp. RLI	28.2	92.81%	🇺🇸 USA
White Mountains Insurance Group WTM	4.93	-66.27%	🇧🇲 Bermuda
W. R. Berkley WRB	12.4	-15.10%	🇺🇸 USA
The Travelers Companies TRV	27.9	90.94%	🇺🇸 USA
Allstate ALL	-25.7	-275.64%	🇺🇸 USA
Progressive PGR	57.0	290.32%	🇺🇸 USA
American Financial Group AFG	14.1	-3.40%	🇺🇸 USA
The Hartford HIG	16.1	10.47%	🇺🇸 USA
CNA Financial CNA	12.3	-15.84%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.