Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
P/B ratio for Erie Indemnity Company (ERIE)
P/B ratio as of 2023: 9.30
According to Erie Indemnity Company's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 9.30. At the end of 2022 the company had a P/B ratio of 8.00.
P/B ratio history for Erie Indemnity Company from 1993 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 9.30 |
| 2022 | 8.00 |
| 2021 | 6.68 |
| 2020 | 9.63 |
| 2019 | 6.82 |
| 2018 | 8.00 |
| 2017 | 7.43 |
| 2016 | 7.20 |
| 2015 | 6.50 |
| 2014 | 6.76 |
| 2013 | 5.26 |
| 2012 | 5.76 |
| 2011 | 5.50 |
| 2010 | 4.08 |
| 2009 | 2.48 |
| 2008 | 2.75 |
| 2007 | 3.06 |
| 2006 | 3.25 |
| 2005 | 2.88 |
| 2004 | 2.92 |
| 2003 | 2.58 |
| 2002 | 2.61 |
| 2001 | 3.17 |
| 2000 | 2.75 |
| 1999 | 3.41 |
| 1998 | 3.55 |
| 1997 | 4.08 |
| 1996 | 5.30 |
| 1995 | 4.26 |
| 1994 | 4.65 |
| 1993 | 17.42 |