Erie Enterprise Value Over E B I T D A from 2010 to 2024

ERIE Stock  USD 360.69  0.08  0.02%   
Erie Indemnity's Enterprise Value Over EBITDA is decreasing over the years with stable fluctuation. Overall, Enterprise Value Over EBITDA is expected to go to 28.57 this year. During the period from 2010 to 2024 Erie Indemnity Enterprise Value Over EBITDA annual values regression line had coefficient of variation of  291.93 and r-squared of  0.04. View All Fundamentals
 
Enterprise Value Over EBITDA  
First Reported
2010-12-31
Previous Quarter
27.20597087
Current Value
28.57
Quarterly Volatility
24.9628342
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Erie Indemnity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erie Indemnity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.3 M, Interest Expense of 0.0 or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 3.28, Dividend Yield of 0.017 or PTB Ratio of 9.85. Erie financial statements analysis is a perfect complement when working with Erie Indemnity Valuation or Volatility modules.
  
Check out the analysis of Erie Indemnity Correlation against competitors.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.

Latest Erie Indemnity's Enterprise Value Over E B I T D A Growth Pattern

Below is the plot of the Enterprise Value Over E B I T D A of Erie Indemnity over the last few years. It is Erie Indemnity's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Erie Indemnity's overall financial position and show how it may be relating to other accounts over time.
Enterprise Value Over E B I T D A10 Years Trend
Pretty Stable
   Enterprise Value Over E B I T D A   
       Timeline  

Erie Enterprise Value Over E B I T D A Regression Statistics

Arithmetic Mean8.55
Coefficient Of Variation291.93
Mean Deviation18.57
Median17.85
Standard Deviation24.96
Sample Variance623.14
Range83.4496
R-Value(0.21)
Mean Square Error641.84
R-Squared0.04
Significance0.46
Slope(1.17)
Total Sum of Squares8,724

Erie Enterprise Value Over E B I T D A History

2024 28.57
2023 27.21
2022 26.6
2021 -31.04
2020 -42.64
2019 -35.18
2018 20.39

About Erie Indemnity Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Erie Indemnity income statement, its balance sheet, and the statement of cash flows. Erie Indemnity investors use historical funamental indicators, such as Erie Indemnity's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Erie Indemnity investors may use each financial statement separately, they are all related. The changes in Erie Indemnity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Erie Indemnity's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Erie Indemnity Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Erie Indemnity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Enterprise Value Over EBITDA 27.21  28.57 

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Additional Information and Resources on Investing in Erie Stock

When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:
Check out the analysis of Erie Indemnity Correlation against competitors.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.443
Dividend Share
4.93
Earnings Share
9.25
Revenue Per Share
73.549
Quarterly Revenue Growth
0.17
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.