Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.


item 5 . market for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following graph compares annual total return of our common stock , the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) and our peer group ( 201cloews peer group 201d ) for the five years ended december 31 , 2016 . the graph assumes that the value of the investment in our common stock , the s&p 500 index and the loews peer group was $ 100 on december 31 , 2011 and that all dividends were reinvested. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td></tr><tr><td>2</td><td>loews common stock</td><td>100.0</td><td>108.91</td><td>129.64</td><td>113.59</td><td>104.47</td><td>128.19</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100.0</td><td>116.00</td><td>153.57</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>loews peer group ( a )</td><td>100.0</td><td>113.39</td><td>142.85</td><td>150.44</td><td>142.44</td><td>165.34</td></tr></table> ( a ) the loews peer group consists of the following companies that are industry competitors of our principal operating subsidiaries : chubb limited ( name change from ace limited after it acquired the chubb corporation on january 15 , 2016 ) , w.r . berkley corporation , the chubb corporation ( included through january 15 , 2016 when it was acquired by ace limited ) , energy transfer partners l.p. , ensco plc , the hartford financial services group , inc. , kinder morgan energy partners , l.p . ( included through november 26 , 2014 when it was acquired by kinder morgan inc. ) , noble corporation , spectra energy corp , transocean ltd . and the travelers companies , inc . dividend information we have paid quarterly cash dividends in each year since 1967 . regular dividends of $ 0.0625 per share of loews common stock were paid in each calendar quarter of 2016 and 2015. .
Question: from 2011 to 2016, what was the change in the value of the s&p 500 index?

98.18