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ERIE (Erie Indemnity Co) Price-to-Owner-Earnings : 58.75 (As of Oct. 31, 2024)


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What is Erie Indemnity Co Price-to-Owner-Earnings?

As of today (2024-10-31), Erie Indemnity Co's share price is $448.85. Erie Indemnity Co's Owner Earnings per Share (TTM) ended in Jun. 2024 was $7.64. It's Price-to-Owner-Earnings for today is 58.75.


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

ERIE' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 26.95   Med: 38.84   Max: 81.46
Current: 58.77

During the past 13 years, the highest Price-to-Owner-Earnings of Erie Indemnity Co was 81.46. The lowest was 26.95. And the median was 38.84.


ERIE's Price-to-Owner-Earnings is ranked worse than
92.62% of 325 companies
in the Insurance industry
Industry Median: 9.06 vs ERIE: 58.77

As of today (2024-10-31), Erie Indemnity Co's share price is $448.85. Erie Indemnity Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $10.14. Therefore, Erie Indemnity Co's PE Ratio (TTM) for today is 44.27.

As of today (2024-10-31), Erie Indemnity Co's share price is $448.85. Erie Indemnity Co's EPS without NRI for the trailing twelve months (TTM) ended in was $10.14. Therefore, Erie Indemnity Co's PE Ratio without NRI for today is 44.27.

During the past 13 years, Erie Indemnity Co's highest PE Ratio without NRI was 53.54. The lowest was 23.58. And the median was 30.92.


Erie Indemnity Co Price-to-Owner-Earnings Historical Data

The historical data trend for Erie Indemnity Co's Price-to-Owner-Earnings 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-Owner-Earnings Chart

Erie Indemnity Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.48 76.87 44.55 58.49 48.24

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
Price-to-Owner-Earnings 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 44.95 47.97 48.24 58.61 47.45

Competitive Comparison of Erie Indemnity Co's Price-to-Owner-Earnings

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

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

* The bar in red indicates where Erie Indemnity Co's Price-to-Owner-Earnings falls into.



Erie Indemnity Co Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Erie Indemnity Co's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=448.85/7.64
=58.75

* 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) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Erie Indemnity Co Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Erie Indemnity Co's Price-to-Owner-Earnings 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