ERIE
Erie Indemnity Co
Price:  
388.96 
USD
Volume:  
60,506.00
United States | Insurance
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ERIE Fair Value

-74.43 %
Upside

As of 2024-05-26, the Fair Value of Erie Indemnity Co (ERIE) is 99.48 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 388.96 USD, the upside of Erie Indemnity Co is -74.43%.

388.96 USD
Stock Price
99.48 USD
Fair Price
FAIR VALUE CALCULATION

ERIE Fair Value

Peter Lynch's formula is:

ERIE Fair Value
= Earnings Growth Rate x TTM EPS
ERIE Fair Value
= 10.74 x 9.26
ERIE Fair Value
= 99.48

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 316.80 293.30 297.90 298.60 446.06 330.53
YoY growth 9.92% -7.42% 1.57% 0.23% 49.38% 10.74%

ERIE Fair Value - Key Data

Market Cap (mil) 20,338.72
P/E 41.99x
Forward P/E 40.46x
EPS 9.26
Avg earnings growth rate 10.74%
TTM earnings 484.38