Erie Indemnity Company

Erie Indemnity Companyverified

ERIE

Price:

$533.29

Market Cap:

$24.63B

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.[Read more]

Industry

Insurance - Brokers

IPO Date

1995-10-02

Stock Exchange

NASDAQ

Ticker

ERIE

The PE Ratio as of September 2024 (TTM) for Erie Indemnity Company (ERIE) is 52.49

According to Erie Indemnity Company’s latest financial reports and current stock price. The company's current PE Ratio is 52.49. This represents a change of 68.37% compared to the average of 31.17 of the last 4 quarters.

Erie Indemnity Company (ERIE) Historical PE Ratio (quarterly & annually)

How has ERIE PE Ratio performed in the past?

The mean historical PE Ratio of Erie Indemnity Company over the last ten years is 31.15. The current 52.49 PE Ratio has changed 16.75% with respect to the historical average. Over the past ten years (40 quarters), ERIE's PE Ratio was at its highest in in the December 2017 quarter at 49.69. The PE Ratio was at its lowest in in the June 2015 quarter at 19.11.

Quarterly (TTM)
Annual

Average

31.15

Median

29.38

Minimum

24.40

Maximum

39.00

Erie Indemnity Company (ERIE) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Erie Indemnity Company PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 59.81%

Maximum Annual PE Ratio = 39.00

Minimum Annual Increase = -22.76%

Minimum Annual PE Ratio = 24.40

Quarterly (TTM)
Annual
YearPE RatioChange
202334.97-9.87%
202238.7928.79%
202130.12-22.76%
202039.0059.81%
201924.40-9.69%
201827.02-16.45%
201732.3415.70%
201627.95-2.37%
201528.631.22%
201428.2819.50%

Erie Indemnity Company (ERIE) Average PE Ratio

How has ERIE PE Ratio performed in the past?

The current PE Ratio of Erie Indemnity Company (ERIE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

34.63

5-year avg

33.46

10-year avg

31.15

Erie Indemnity Company (ERIE) PE Ratio vs. Peers

How is ERIE’s PE Ratio compared to its peers?

Erie Indemnity Company’s PE Ratio is less than CorVel Corporation (70.73), greater than Huize Holding Limited (4.03), greater than Crawford & Company (22.77), greater than eHealth, Inc. (-2.34), greater than Fanhua Inc. (1.43), greater than Crawford & Company (22.77), greater than BRP Group, Inc. (-37.12), less than Arthur J. Gallagher & Co. (57.47), greater than Marsh & McLennan Companies, Inc. (28.38), greater than Willis Towers Watson Public Limited Company (27.65), greater than Aon plc (29.26), greater than Brown & Brown, Inc. (29.49),

Build a custom stock screener for Erie Indemnity Company (ERIE) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Erie Indemnity Company using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Erie Indemnity Company (ERIE) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Erie Indemnity Company or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Erie Indemnity Company's PE Ratio?

How is the PE Ratio calculated for Erie Indemnity Company (ERIE)?

What is the highest PE Ratio for Erie Indemnity Company (ERIE)?

What is the 3-year average PE Ratio for Erie Indemnity Company (ERIE)?

What is the 5-year average PE Ratio for Erie Indemnity Company (ERIE)?

How does the current PE Ratio for Erie Indemnity Company (ERIE) compare to its historical average?