Question 1

What is Erie Indemnity's P/E ratio?

Accepted Answer

Erie Indemnity (ERIE) P/E ratio is 21.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Erie Indemnity?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Erie Indemnity specifically, the relevant sector benchmark is the current sector median of 12.8×.

Question 5

Is Erie Indemnity's P/E ratio high or low?

Accepted Answer

Erie Indemnity's P/E ratio of 21.0× is below its own 5-year average of 33.3× and above the sector median of 12.8×. That places the current reading at the 2th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Erie Indemnity's historical P/E ratio range?

Accepted Answer

In the available daily series, Erie Indemnity (ERIE) P/E ratio has ranged from a low of 13.4× in 2007 to a high of 54.1× in 2024. The 5-year average is 33.3× and the 5-year median is 34.0×.

Question 7

What was Erie Indemnity's P/E ratio in 2025?

Accepted Answer

Erie Indemnity (ERIE) P/E ratio at the end of 2025 was 23.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Erie Indemnity's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$13.35B	$559.34M	23.9×	-7.9×	Dec 31, 2025
2024	$19.04B	$600.31M	31.7×	-7.6×	Dec 31, 2024
2023	$17.53B	$446.06M	39.3×	-4.4×	Dec 31, 2023
2022	$13.04B	$298.57M	43.7×	+9.9×	Dec 31, 2022
2021	$10.06B	$297.86M	33.8×	-10.0×	Dec 31, 2021
2020	$12.85B	$293.30M	43.8×	+16.4×	Dec 31, 2020
2019	$8.68B	$316.82M	27.4×	+3.2×	Dec 31, 2019
2018	$6.98B	$288.22M	24.2×	-8.3×	Dec 31, 2018
2017	$6.40B	$197.00M	32.5×	+7.6×	Dec 31, 2017
2016	$5.24B	$210.37M	24.9×	-3.8×	Dec 31, 2016
2015	$5.00B	$174.22M	28.7×	-0.7×	Dec 31, 2015
2014	$4.94B	$168.00M	29.4×	+5.7×	Dec 31, 2014
2013	$3.85B	$163.00M	23.6×	+0.6×	Dec 31, 2013
2012	$3.68B	$160.00M	23.0×	+0.6×	Dec 31, 2012
2011	$3.79B	$169.00M	22.4×	+2.0×	Dec 31, 2011
2010	$3.31B	$162.00M	20.4×	+2.1×	Dec 31, 2010
2009	$2.00B	$108.94M	18.4×	-9.6×	Dec 31, 2009
2008	$1.93B	$69.24M	27.9×	+14.5×	Dec 31, 2008
2007	$2.86B	$212.94M	13.4×	-3.0×	Dec 31, 2007
2006	$3.36B	$204.03M	16.4×	+2.1×	Dec 31, 2006
2005	$3.32B	$231.10M	14.4×	-1.9×	Dec 31, 2005
2004	$3.67B	$226.41M	16.2×	+1.2×	Dec 31, 2004
2003	$3.01B	$199.72M	15.1×	+0.1×	Dec 31, 2003
2002	$2.57B	$172.13M	15.0×	-7.5×	Dec 31, 2002
2001	$2.74B	$122.26M	22.4×	—	Dec 31, 2001


Globe Life (GL-PD)	9.7×
UMB Financial (UMBF)	9.7×
T. Rowe Price (TROW)	9.6×
Everest Re Group (RE)	9.6×
Old Republic International (ORI)	9.5×
First Financial (THFF)	9.3×
Globe Life (GL)	9.3×
The Hartford (HIG)	9.3×
Assured Guaranty (AGO)	8.9×
Cincinnati Financial (CINF)	8.8×
Federal Agricultural Mortgage (AGM)	8.8×
Ally Financial (ALLY)	8.7×
Travelers Companies (TRV)	8.3×
PayPal (PYPL)	8.2×
Farmers & Merchants Bancorp (FMCB)	8.0×
Chesapeake Financial Shares (CPKF)	7.6×
PSB Holdings (PSBQ)	7.5×
Arch Capital Group (ACGL)	7.1×
AXIS Capital Holdings (AXS)	7.0×
Tompkins Financial (TMP)	6.7×
Everest Re Group (EG)	6.5×
Synchrony Financial (SYF)	6.5×
Mercury General (MCY)	5.8×
RenaissanceRe Holdings (RNR)	4.5×
Allstate (ALL)	4.4×

P/E Ratio for Erie Indemnity (ERIE)

P/E Ratio daily chart for Erie Indemnity (ERIE)

Historical P/E Ratio for Erie Indemnity (ERIE) from 2001 to 2025

About P/E Ratio at Erie Indemnity (ERIE)

Erie Indemnity P/E Ratio by Year

Erie Indemnity P/E Ratio 2025: 23.9×

Erie Indemnity P/E Ratio 2024: 31.7×

Erie Indemnity P/E Ratio 2023: 39.3×

Erie Indemnity P/E Ratio 2022: 43.7×

Erie Indemnity P/E Ratio 2021: 33.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Erie Indemnity (ERIE) Key Financials

P/E Ratio daily chart for Erie Indemnity (ERIE)

Historical P/E Ratio for Erie Indemnity (ERIE) from 2001 to 2025

About P/E Ratio at Erie Indemnity (ERIE)

Erie Indemnity P/E Ratio by Year

Erie Indemnity P/E Ratio 2025: 23.9×

Erie Indemnity P/E Ratio 2024: 31.7×

Erie Indemnity P/E Ratio 2023: 39.3×

Erie Indemnity P/E Ratio 2022: 43.7×

Erie Indemnity P/E Ratio 2021: 33.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Erie Indemnity's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Erie Indemnity?

+Is Erie Indemnity's P/E ratio high or low?

+What is Erie Indemnity's historical P/E ratio range?

+What was Erie Indemnity's P/E ratio in 2025?

+Why does Erie Indemnity's P/E ratio change over time?

Erie Indemnity (ERIE) Key Financials