Erie Indemnity (ERIE) - P/B ratio

P/B ratio as of December 2024 : 11.3

According to Erie Indemnity's latest financial reports the company has a price-to-book ratio of 5.06583.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Erie Indemnity - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	11.2	6.15%
2023-12-31	10.5	17.29%
2022-12-31	8.98	19.66%
2021-12-31	7.50	-30.58%
2020-12-31	10.8	41.13%
2019-12-31	7.66	6.99%
2018-12-31	7.16	-3.66%
2017-12-31	7.43	3.24%
2016-12-31	7.20	10.75%
2015-12-31	6.50	-3.72%
2014-12-31	6.75	1226.05%
2013-12-31	0.5091	-5.76%
2012-12-31	0.5402	-19.42%
2011-12-31	0.6703	15.47%
2010-12-31	0.5805	48.61%
2009-12-31	0.3906	-85.7%
2008-12-31	2.73	-6.02%
2007-12-31	2.91	-8.92%
2006-12-31	3.19	11.72%
2005-12-31	2.86	-1.56%
2004-12-31	2.90	12.31%
2003-12-31	2.58	-0.87%
2002-12-31	2.61

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
American Financial Group AFG	2.47	-78.26%	🇺🇸 USA
Genworth Financial GNW	0.3271	-97.12%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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