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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:
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.
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).
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.
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 | 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 | 24.27 | 30.28 | 28.24 | 46.08 | 61.88 |
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.
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'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?
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.
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 |
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