ERIE has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ERIE has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-04-27), Erie Indemnity Co's current share price is $381.74. Erie Indemnity Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.30. Erie Indemnity Co's Cyclically Adjusted Price-to-FCF for today is 88.78.
The historical rank and industry rank for Erie Indemnity Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
During the past years, Erie Indemnity Co's highest Cyclically Adjusted Price-to-FCF was 100.58. The lowest was 8.31. And the median was 16.97.
ERIE's Cyclically Adjusted Price-to-FCF is ranked worse thanThe Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.
Erie Indemnity Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.109. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $4.30 for the trailing ten years ended in Mar. 2024.
The historical data trend for Erie Indemnity Co's Cyclically Adjusted Price-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Erie Indemnity Co Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cyclically Adjusted Price-to-FCF | Get a 7-Day Free Trial | 54.85 | 52.11 | 88.35 | 77.91 | 93.31 |
For the Insurance Brokers subindustry, Erie Indemnity Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Insurance industry and Financial Services sector, Erie Indemnity Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Erie Indemnity Co's Cyclically Adjusted Price-to-FCF falls into.
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.
Erie Indemnity Co's Cyclically Adjusted Price-to-FCF for today is calculated as
Cyclically Adjusted Price-to-FCF | = | Share Price | / | Cyclically Adjusted FCF per Share |
= | 381.74 | / | 4.3 | |
= | 88.78 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Erie Indemnity Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, Erie Indemnity Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:
Adj_FreeCashFlowPerShare | = | Free Cash Flow per Share | / | CPI of Mar. 2024 (Change) | * | Current CPI (Mar. 2024) |
= | 1.109 | / | 129.4194 | * | 129.4194 | |
= | 1.109 |
Current CPI (Mar. 2024) = 129.4194.
Erie Indemnity Co Quarterly Data
Free Cash Flow per Share | CPI | Adj_FreeCashFlowPerShare | |
201406 | 3.076 | 100.560 | 3.959 |
201409 | 4.992 | 100.428 | 6.433 |
201412 | -5.974 | 99.070 | -7.804 |
201503 | -0.301 | 99.621 | -0.391 |
201506 | 0.925 | 100.684 | 1.189 |
201509 | 1.486 | 100.392 | 1.916 |
201512 | 1.389 | 99.792 | 1.801 |
201603 | -0.431 | 100.470 | -0.555 |
201606 | 1.171 | 101.688 | 1.490 |
201609 | 1.742 | 101.861 | 2.213 |
201612 | 1.435 | 101.863 | 1.823 |
201703 | -0.740 | 102.862 | -0.931 |
201706 | 1.168 | 103.349 | 1.463 |
201709 | 1.246 | 104.136 | 1.549 |
201712 | 1.128 | 104.011 | 1.404 |
201803 | -0.838 | 105.290 | -1.030 |
201806 | 1.239 | 106.317 | 1.508 |
201809 | 1.953 | 106.507 | 2.373 |
201812 | 1.064 | 105.998 | 1.299 |
201903 | 0.131 | 107.251 | 0.158 |
201906 | 1.255 | 108.070 | 1.503 |
201909 | 1.708 | 108.329 | 2.041 |
201912 | 1.777 | 108.420 | 2.121 |
202003 | -0.019 | 108.902 | -0.023 |
202006 | 1.556 | 108.767 | 1.851 |
202009 | 1.765 | 109.815 | 2.080 |
202012 | 1.367 | 109.897 | 1.610 |
202103 | 0.382 | 111.754 | 0.442 |
202106 | 1.322 | 114.631 | 1.493 |
202109 | 2.417 | 115.734 | 2.703 |
202112 | 0.536 | 117.630 | 0.590 |
202203 | 0.139 | 121.301 | 0.148 |
202206 | 1.201 | 125.017 | 1.243 |
202209 | 2.084 | 125.227 | 2.154 |
202212 | -0.312 | 125.222 | -0.322 |
202303 | 0.495 | 127.348 | 0.503 |
202306 | 1.817 | 128.729 | 1.827 |
202309 | 0.491 | 129.860 | 0.489 |
202312 | -0.393 | 129.419 | -0.393 |
202403 | 1.109 | 129.419 | 1.109 |
Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
Thank you for viewing the detailed overview of Erie Indemnity Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Marc Cipriani | officer: Senior Vice President | 100 ERIE INSURANCE PLACE, ERIE PA 16530 |
Sean Dugan | officer: Executive Vice President | 100 ERIE INSURANCE PLACE, ERIE PA 16530 |
Parthasarathy Srinivasa | officer: EVP, Chief Information Officer | 100 ERIE INSURANCE PLACE, ERIE PA 16530 |
Jorie L Novacek | officer: SVP, Controller | 100 ERIE INSURANCE PLACE, ERIE PA 16530 |
Thomas B Hagen | director | 230 WEST 6TH STREET, ERIE PA 16507-1319 |
Eugene C Connell | director | 785 HUNTINGTON DRIVE, ERIE PA 16505 |
Elizabeth A Vorsheck | director, 10 percent owner | 6252 COMMERCIAL WAY PMB 140, BROOKSVILLE FL 34613 |
Brian W. Bolash | officer: SVP,Secretary,General Counsel | 100 ERIE INSURANCE PLACE, ERIE PA 16530 |
Borneman J Ralph Jr | director | NATIONAL PENN BANCSHARES INC, PHILADELPHIA & READING AVENUES, BOYERTOWN PA 19512 |
Hudson Brian Arden Sr. | director | 2407 PARK DRIVE, HARRISBURG PA 17110 |
Louis F Colaizzo | officer: Senior Vice President | 100 ERIE INSURANCE PLACE, ERIE PA 16530 |
Salvatore Correnti | director | 8518 SOUTHFIELDS CIRCLE, LUTHERVILLE MD 21093 |
Timothy G Necastro | officer: President & CEO, Designate | 100 ERIE INSURANCE PL, ERIE PA 16530 |
Luann Datesh | director | 333 OAK FOREST DRIVE, PITTSBURGH PA 15216 |
Robert C Wilburn | director | 110 WASHINGTON AVENUE #1711, MIAMI BEACH FL 33139 |
From GuruFocus
By PRNewswire PRNewswire • 06-07-2023
By GuruFocus Research • 10-30-2023
By PRNewswire • 09-15-2023
By PRNewswire • 01-18-2024
By GuruFocus Research GuruFocus Editor • 02-08-2023
By PRNewswire • 07-27-2023
By PRNewswire PRNewswire • 12-21-2022
By PRNewswire PRNewswire • 04-28-2023
By PRNewswire PRNewswire • 12-21-2022
By GuruFocus Research • 01-04-2024