Erie Indemnity Co (FRA:EI2) Cyclically Adjusted PS Ratio: 4.06 (As of Aug. 10, 2026) — Near Median

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FRA:EI2 Erie Indemnity Co FRA:EI2
58 GF Score
Price €214.00
GF Value €322.30
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Erie Indemnity Co Cyclically Adjusted PS Ratio?

Erie Indemnity Co FRA:EI2 +0.93% 58 Cyclically Adjusted PS Ratio is 4.06 as of Aug. 10, 2026, which is 4% below its 10-year median of 4.21. GuruFocus rates FRA:EI2 with a GF Score™ of 58/100 and a GF Value™ of €322.30 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 417 Insurance companies, Erie Indemnity Co ranks worse than 88.25% on this metric.

As of today (2026-08-10), Erie Indemnity Co's current share price is €214.00. Erie Indemnity Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €52.66. Erie Indemnity Co's Cyclically Adjusted PS Ratio for today is 4.06.

The historical rank and industry rank for Erie Indemnity Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:EI2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.94   Med: 4.21   Max: 12.24
Current: 4.08

During the past years, Erie Indemnity Co's highest Cyclically Adjusted PS Ratio was 12.24. The lowest was 1.94. And the median was 4.21.

FRA:EI2's Cyclically Adjusted PS Ratio is ranked worse than
88.25% of 417 companies
in the Insurance industry
Industry Median: 1.22 vs FRA:EI2: 4.08

The 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Erie Indemnity Co's adjusted revenue per share data for the three months ended in Jun. 2026 was €21.810. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €52.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Erie Indemnity Co  (FRA:EI2) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Erie Indemnity Co Cyclically Adjusted PS Ratio Related Terms


Erie Indemnity Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Erie Indemnity Co's Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio Chart

Erie Indemnity Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.25 5.94 7.20 7.95 4.99

Erie Indemnity Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.21 5.51 4.99 4.21 3.87

FRA:EI2 vs NP, ARX, CRVL: Cyclically Adjusted PS Ratio Comparison

For the Insurance Brokers subindustry, Erie Indemnity Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Erie Indemnity Co Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Erie Indemnity Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Erie Indemnity Co's Cyclically Adjusted PS Ratio falls into.


FRA:EI2
58GF Score
Erie Indemnity Co FRA:EI2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Erie Indemnity Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Erie Indemnity Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=214.00/52.66
=4.06

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Erie Indemnity Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=21.81/333.9520*333.9520
=21.810

Current CPI (Jun. 2026) = 333.9520.

Erie Indemnity Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.463 241.428 8.940
201612 6.251 241.432 8.646
201703 7.254 243.801 9.936
201706 6.932 244.955 9.451
201709 6.454 246.819 8.732
201712 5.896 246.524 7.987
201803 8.032 249.554 10.748
201806 9.201 251.989 12.194
201809 10.153 252.439 13.431
201812 6.666 251.233 8.861
201903 10.236 254.202 13.447
201906 9.953 256.143 12.976
201909 11.263 256.759 14.649
201912 10.413 256.974 13.532
202003 10.572 258.115 13.678
202006 10.201 257.797 13.214
202009 10.873 260.280 13.951
202012 6.685 260.474 8.571
202103 9.320 264.877 11.750
202106 9.810 271.696 12.058
202109 11.326 274.310 13.789
202112 10.884 278.802 13.037
202203 10.453 287.504 12.142
202206 11.734 296.311 13.225
202209 14.394 296.808 16.195
202212 12.799 296.797 14.401
202303 14.895 301.836 16.480
202306 18.281 305.109 20.009
202309 18.961 307.789 20.573
202312 4.972 306.746 5.413
202403 17.123 312.332 18.308
202406 21.503 314.175 22.857
202409 21.126 315.301 22.376
202412 6.172 315.605 6.531
202503 19.301 319.799 20.155
202506 21.423 322.561 22.180
202509 21.241 324.800 21.840
202512 5.445 324.054 5.611
202603 18.274 330.213 18.481
202606 21.810 333.952 21.810

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 4.06 mean?
Erie Indemnity Co (FRA:EI2) has a Cyclically Adjusted PS Ratio of 4.06 as of Aug. 10, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Erie Indemnity Co and its competitors. This is near median its historical median of 4.21. Over the past decade, Erie Indemnity Co's Cyclically Adjusted PS Ratio has ranged from 1.94 to 12.24. According to the industry distribution chart, Erie Indemnity Co ranks #368 out of 417 companies in the Insurance industry, placing it in the top 88.2%.
Is Erie Indemnity Co's Cyclically Adjusted PS Ratio too high?
Erie Indemnity Co's current Cyclically Adjusted PS Ratio of 4.06 is near median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 12.24. The Insurance industry median Cyclically Adjusted PS Ratio is 1.22. Erie Indemnity Co's value of 4.06 is 232.8% above this industry median. Based on the distribution chart, Erie Indemnity Co ranks #368 out of 417 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Erie Indemnity Co has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Erie Indemnity Co's Cyclically Adjusted PS Ratio compare to NP and ARX?
According to the Insurance industry distribution chart, Erie Indemnity Co ranks #368 out of 417 companies for Cyclically Adjusted PS Ratio. This places Erie Indemnity Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.22. Erie Indemnity Co's value of 4.06 is 232.8% above this benchmark. Historically, Erie Indemnity Co's own Cyclically Adjusted PS Ratio has ranged from 1.94 to 12.24 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 1.22, Erie Indemnity Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.22, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erie Indemnity Co's current Cyclically Adjusted PS Ratio of 4.06 is 232.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Erie Indemnity Co and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erie Indemnity Co's current Cyclically Adjusted PS Ratio is 4.06, which is near median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erie Indemnity Co stock overvalued right now?
Based on GuruFocus' analysis, Erie Indemnity Co (FRA:EI2) is currently considered Significantly Undervalued. The stock's GF Value™ is €322.30, compared to a current price of €214.00 — trading 33.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.06, which is near median its 10-year median of 4.21 and 232.8% above the Insurance industry median of 1.22. Erie Indemnity Co's overall GF Score™ is 58/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Erie Indemnity Co (FRA:EI2), the current Cyclically Adjusted PS Ratio is 4.06 as of Aug. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Erie Indemnity Co (FRA:EI2) Overvalued in 2026?

Based on GuruFocus' analysis, Erie Indemnity Co stock appears to be undervalued. The current stock price of €214.00 is trading 33.6% below its estimated GF Value™ of €322.30. GuruFocus considers Erie Indemnity Co to be Significantly Undervalued.

Key valuation signals for FRA:EI2:

  • Cyclically Adjusted PS Ratio: 4.06 (near median its 10-year median of 4.21)
  • GF Value™: €322.30 vs. price of €214.00 (33.6% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 232.8% above the Insurance median (#368 of 417)

No single metric tells the full story. See the FRA:EI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Erie Indemnity Co Business Description

Other Exchanges ERIE:USA
Address 100 Erie Insurance Place, Erie, PA, USA, 16530-0001
Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. The company operates exclusively in the United States.
58GF Score

Get the complete analysis for FRA:EI2

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€214.00
Price
€322.30
GF Value