* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Erie Indemnity Co's PEG Ratio or its related term are showing as below:
ERIE'
s PEG Ratio Range Over the Past 10 Years
Min: 1.65 Med: 9.7 Max: 18.9
Current: 3.96
During the past 13 years, Erie Indemnity Co's highest PEG Ratio was 18.90. The lowest was 1.65. And the median was 9.70.
ERIE's PEG Ratio is ranked worse than 85.81% of 148
companies
in the Insurance industry
Industry Median: 1.095
vs ERIE: 3.96
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Erie Indemnity Co PEG Ratio Historical Data
The historical data trend for Erie Indemnity Co's PEG Ratio 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.
Competitive Comparison of Erie Indemnity Co's PEG Ratio
For the Insurance Brokers subindustry, Erie Indemnity Co's PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Erie Indemnity Co's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Erie Indemnity Co's PEG Ratio falls into.
Erie Indemnity Co PEG Ratio Calculation
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio.
The ratio we use is the 5-Year EBITDA growth rate.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Erie Indemnity Co (NAS:ERIE) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Erie Indemnity Co PEG Ratio Related Terms
Thank you for viewing the detailed overview of Erie Indemnity Co's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Erie Indemnity Co (Erie Indemnity Co) Business Description
Erie Indemnity Co primarily 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.
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