Price to Earning ratio Analysis of Erie Indemnity Company - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PE
Period Ending - Dec-23
Very Poor PE
47.66
Period Ending - Dec-22
Very Poor PE
63.50
Growth
-24.95 %
Trailing Twelve Months PE
Period Ending - Dec-23
Very Poor PE
40.34
PE Analysis of Erie Indemnity Company
| P/E Ratio of Erie Indemnity Company with value of 40.34 shows that stock price is high compared to company earnings and may be overvalued. |
| PE Ratio of ERIE drastically fell by -24.95 % this year. |
| PE Ratio with value of 66.83 was highest in Year Dec-19 in last Five Years. |
| PE Ratio of ERIE trending down for at least three Years. |
| Latest PE Ratio with value of 47.66 is lower than Average PE of 61.26 in last five years. |
Other PE Related Info of ERIE that may interest you.
Erie Indemnity Company Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ERIE | 362.43 | 373.95 | 3.08 % | Insurance Brokers |
Defination of Price to Earning
PE Ratio measures the relationship between the company's current stock price and EPS (Earnings Per Share). PE Ratio indicates how many times investors pay money to get 1 rupee of return. It is one of the important parameters to evaluate whether a company's stock price is overvalued or undervalued. more ..
PE Related Ratios
| PriceToSalesRatio | PriceToBookRatio | PriceToCashFlowRatio |
Tsr Value Index
| Poor Value Stock | |
FY - Historical Price to Earning of Erie Indemnity Company
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PE | 47.66 | 63.50 | 63.65 | 64.65 | 66.83 | 73.46 | 107.51 |
| Change | -24.95 % | -0.237 % | -1.54 % | -3.27 % | -9.02 % | -31.68 % | 6.61 % |
FY Chart of Price to Earning of Erie Indemnity Company
Note : All Data Generated at the End of Trading Hours (EOD Data)