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ERIE (Erie Indemnity Co) EV-to-EBITDA : 77.08 (As of Oct. 31, 2024)


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What is Erie Indemnity Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Erie Indemnity Co's enterprise value is $23,409 Mil. Erie Indemnity Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $304 Mil. Therefore, Erie Indemnity Co's EV-to-EBITDA for today is 77.08.

The historical rank and industry rank for Erie Indemnity Co's EV-to-EBITDA or its related term are showing as below:

ERIE' s EV-to-EBITDA Range Over the Past 10 Years
Min: 17.54   Med: 28.68   Max: 103.89
Current: 77.08

During the past 13 years, the highest EV-to-EBITDA of Erie Indemnity Co was 103.89. The lowest was 17.54. And the median was 28.68.

ERIE's EV-to-EBITDA is ranked worse than
98.16% of 326 companies
in the Insurance industry
Industry Median: 7.305 vs ERIE: 77.08

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-10-31), Erie Indemnity Co's stock price is $448.85. Erie Indemnity Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $10.140. Therefore, Erie Indemnity Co's PE Ratio (TTM) for today is 44.27.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Erie Indemnity Co EV-to-EBITDA Historical Data

The historical data trend for Erie Indemnity Co's EV-to-EBITDA 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.

Erie Indemnity Co EV-to-EBITDA Chart

Erie Indemnity Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.23 31.66 23.24 29.93 28.24

Erie Indemnity Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EV-to-EBITDA 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 24.27 30.28 28.24 46.08 61.88

Competitive Comparison of Erie Indemnity Co's EV-to-EBITDA

For the Insurance Brokers subindustry, Erie Indemnity Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Erie Indemnity Co's EV-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Erie Indemnity Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Erie Indemnity Co's EV-to-EBITDA falls into.



Erie Indemnity Co EV-to-EBITDA Calculation

Erie Indemnity Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=23409.267/303.698
=77.08

Erie Indemnity Co's current Enterprise Value is $23,409 Mil.
Erie Indemnity Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $304 Mil.

* 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.


Erie Indemnity Co  (NAS:ERIE) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Erie Indemnity Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=448.85/10.140
=44.27

Erie Indemnity Co's share price for today is $448.85.
Erie Indemnity Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.140.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Erie Indemnity Co EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Erie Indemnity Co's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Erie Indemnity Co Business Description

Traded in Other Exchanges
Address
100 Erie Insurance Place, Erie, PA, USA, 16530
Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.
Executives
Charles Scott Hartz director TWO BALA PLAZA, SUITE 300, BALA CYNWYD PA 19004-1573
Borneman J Ralph Jr director NATIONAL PENN BANCSHARES INC, PHILADELPHIA & READING AVENUES, BOYERTOWN PA 19512
Marc Cipriani officer: Senior Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Sean Dugan officer: Executive Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Parthasarathy Srinivasa officer: EVP, Chief Information Officer 100 ERIE INSURANCE PLACE, ERIE PA 16530
Jorie L Novacek officer: SVP, Controller 100 ERIE INSURANCE PLACE, ERIE PA 16530
Thomas B Hagen director 230 WEST 6TH STREET, ERIE PA 16507-1319
Eugene C Connell director 785 HUNTINGTON DRIVE, ERIE PA 16505
Elizabeth A Vorsheck director, 10 percent owner 6252 COMMERCIAL WAY PMB 140, BROOKSVILLE FL 34613
Brian W. Bolash officer: SVP,Secretary,General Counsel 100 ERIE INSURANCE PLACE, ERIE PA 16530
Hudson Brian Arden Sr. director 2407 PARK DRIVE, HARRISBURG PA 17110
Louis F Colaizzo officer: Senior Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Salvatore Correnti director 8518 SOUTHFIELDS CIRCLE, LUTHERVILLE MD 21093
Timothy G Necastro officer: President & CEO, Designate 100 ERIE INSURANCE PL, ERIE PA 16530
Luann Datesh director 333 OAK FOREST DRIVE, PITTSBURGH PA 15216