Erie Indemnity CoERIE +3.86%63 PB Ratio is 5.10 as of Jun. 25, 2026, which is 36% below its 10-year median of 8.03. GuruFocus rates ERIE with a GF Score™ of 63/100 and a GF Value™ of $351.56 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 499 Insurance companies, Erie Indemnity Co ranks worse than 91.38% on this metric.
Erie Indemnity Co stock PB Ratio (=4.91) is close to 10-year low of 4.73.
The historical rank and industry rank for Erie Indemnity Co's PB Ratio or its related term are showing as below:
ERIE'
s PB Ratio Range Over the Past 10 Years
Min: 4.73 Med: 8.03 Max: 15.41
Current: 5.1
During the past 13 years, Erie Indemnity Co's highest PB Ratio was 15.41. The lowest was 4.73. And the median was 8.03.
ERIE's PB Ratio is ranked worse than 91.38% of 499
companies
in the Insurance industry
Industry Median: 1.39
vs ERIE: 5.10
During the past 12 months, Erie Indemnity Co's average Book Value Per Share Growth Rate was 13.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Erie Indemnity Co was 27.80% per year. The lowest was -10.20% per year. And the median was 11.15% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Erie Indemnity Co PB Ratio Related Terms
Erie Indemnity Co PB Ratio Historical Data
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The historical data trend for Erie Indemnity Co's PB 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.
For the Insurance Brokers subindustry, Erie Indemnity Co's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Erie Indemnity Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Erie Indemnity Co's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Erie Indemnity Co (ERIE) has a PB Ratio of 5.10 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Erie Indemnity Co and its competitors. This is 36% below median its historical median of 8.03. Over the past decade, Erie Indemnity Co's PB Ratio has ranged from 4.73 to 15.41. According to the industry distribution chart, Erie Indemnity Co ranks #456 out of 499 companies in the Insurance industry, placing it in the top 91.4%.
Is Erie Indemnity Co's PB Ratio too high?
Erie Indemnity Co's current PB Ratio of 5.10 is 36% below median its 10-year median of 8.03. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 15.41. The Insurance industry median PB Ratio is 1.39. Erie Indemnity Co's value of 5.10 is 266.9% above this industry median. Based on the distribution chart, Erie Indemnity Co ranks #456 out of 499 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Erie Indemnity Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Erie Indemnity Co's PB Ratio compare to NP and ARX?
According to the Insurance industry distribution chart, Erie Indemnity Co ranks #456 out of 499 companies for PB Ratio. This places Erie Indemnity Co in the lower half of its industry. The industry median PB Ratio is 1.39. Erie Indemnity Co's value of 5.10 is 266.9% above this benchmark. Historically, Erie Indemnity Co's own PB Ratio has ranged from 4.73 to 15.41 over the past decade. While the company's 10-year median is 8.03 vs. the industry median of 1.39, 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 PB Ratio for an Insurance company?
The median PB Ratio among Insurance companies is 1.39, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erie Indemnity Co's current PB Ratio of 5.10 is 266.9% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Erie Indemnity Co and its competitors. For the Insurance industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erie Indemnity Co's current PB Ratio is 5.10, which is 36% below median its own 10-year median of 8.03. 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 (ERIE) is currently considered Significantly Undervalued. The stock's GF Value™ is $351.56, compared to a current price of $229.53 — trading 34.7% below its estimated fair value. The current PB Ratio is 5.10, which is 36% below median its 10-year median of 8.03 and 266.9% above the Insurance industry median of 1.39. Erie Indemnity Co's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Erie Indemnity Co (ERIE), the current PB Ratio is 5.10 as of Jun. 25, 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 (ERIE) Overvalued in 2026?
Based on GuruFocus' analysis, Erie Indemnity Co stock appears to be undervalued.
The current stock price of $229.53 is trading 34.7% below its estimated GF Value™ of $351.56.
GuruFocus considers Erie Indemnity Co to be Significantly Undervalued.
Key valuation signals for ERIE:
PB Ratio: 5.10 (36% below median its 10-year median of 8.03)
GF Value™: $351.56 vs. price of $229.53 (34.7% below fair value)
Industry Position: 266.9% above the Insurance median (#456 of 499)
No single metric tells the full story. See the ERIE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
63GF Score
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