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ERIE (Erie Indemnity Co) Price-to-Free-Cash-Flow : 150.77 (As of Oct. 31, 2024)


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What is Erie Indemnity Co Price-to-Free-Cash-Flow?

As of today (2024-10-31), Erie Indemnity Co's share price is $448.85. Erie Indemnity Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $2.98. Hence, Erie Indemnity Co's Price-to-Free-Cash-Flow Ratio for today is 150.77.

The historical rank and industry rank for Erie Indemnity Co's Price-to-Free-Cash-Flow or its related term are showing as below:

ERIE' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 25.87   Med: 42.01   Max: 182.35
Current: 150.76

During the past 13 years, Erie Indemnity Co's highest Price-to-Free-Cash-Flow Ratio was 182.35. The lowest was 25.87. And the median was 42.01.

ERIE's Price-to-Free-Cash-Flow is ranked worse than
97.63% of 379 companies
in the Insurance industry
Industry Median: 10.1 vs ERIE: 150.76

Erie Indemnity Co's Free Cash Flow per Share for the three months ended in Jun. 2024 was $1.77. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $2.98.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Erie Indemnity Co was -27.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 3.90% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 7.70% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 6.60% per year.

During the past 13 years, Erie Indemnity Co's highest 3-Year average Free Cash Flow per Share Growth Rate was 54.90% per year. The lowest was -31.50% per year. And the median was 5.70% per year.


Erie Indemnity Co Price-to-Free-Cash-Flow Historical Data

The historical data trend for Erie Indemnity Co's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Erie Indemnity Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.09 49.98 39.67 43.51 60.71

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
Price-to-Free-Cash-Flow 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 51.42 117.94 60.71 132.79 121.73

Competitive Comparison of Erie Indemnity Co's Price-to-Free-Cash-Flow

For the Insurance Brokers subindustry, Erie Indemnity Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Erie Indemnity Co's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Erie Indemnity Co's Price-to-Free-Cash-Flow falls into.



Erie Indemnity Co Price-to-Free-Cash-Flow Calculation

Erie Indemnity Co's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=448.85/2.977
=150.77

Erie Indemnity Co's Share Price of today is $448.85.
Erie Indemnity Co's Free Cash Flow per Share 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 $2.98.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Erie Indemnity Co  (NAS:ERIE) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Erie Indemnity Co Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Erie Indemnity Co's Price-to-Free-Cash-Flow 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