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Erie Indemnity CoERIE +2.29%63 Return-on-Tangible-Asset is 17.88% as of Mar. 2026, which is 16% above its 10-year median of 15.47. GuruFocus rates ERIE with a GF Score™ of 63/100 and a GF Value™ of $344.35 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 506 Insurance companies, Erie Indemnity Co ranks better than 97.04% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Erie Indemnity Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $602 Mil. Erie Indemnity Co's average total tangible assets for the quarter that ended in Mar. 2026 was $3,366 Mil. Therefore, Erie Indemnity Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.88%.
The historical rank and industry rank for Erie Indemnity Co's Return-on-Tangible-Asset or its related term are showing as below:
ERIE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.26 Med: 15.47 Max: 22.4
Current: 17.69
During the past 13 years, Erie Indemnity Co's highest Return-on-Tangible-Asset was 22.40%. The lowest was 12.26%. And the median was 15.47%.
ERIE's Return-on-Tangible-Asset is ranked better than 97.04% of 506
companies
in the Insurance industry
Industry Median: 2.745
vs ERIE: 17.69
Erie Indemnity Co (NAS:ERIE) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Erie Indemnity Co Return-on-Tangible-Asset Related Terms
Erie Indemnity Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Erie Indemnity Co's Return-on-Tangible-Asset 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 vs NP, BRO, CRVL: Return-on-Tangible-Asset Comparison
For the Insurance Brokers subindustry, Erie Indemnity Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Erie Indemnity Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Erie Indemnity Co's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.88% mean?
Erie Indemnity Co (ERIE) has a Return-on-Tangible-Asset of 17.88% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Erie Indemnity Co and its competitors. This is 16% above median its historical median of 15.47. Over the past decade, Erie Indemnity Co's Return-on-Tangible-Asset has ranged from 12.26 to 22.40. According to the industry distribution chart, Erie Indemnity Co ranks #15 out of 506 companies in the Insurance industry, placing it in the top 3%.
Is Erie Indemnity Co's Return-on-Tangible-Asset too high?
Erie Indemnity Co's current Return-on-Tangible-Asset of 17.88% is 16% above median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 12.26 to a high of 22.40. The Insurance industry median Return-on-Tangible-Asset is 2.75. Erie Indemnity Co's value of 17.88% is 551.4% above this industry median. Based on the distribution chart, Erie Indemnity Co ranks #15 out of 506 companies in the Insurance industry, which is in the top quartile — a strong position 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 Return-on-Tangible-Asset compare to NP and BRO?
According to the Insurance industry distribution chart, Erie Indemnity Co ranks #15 out of 506 companies for Return-on-Tangible-Asset. This places Erie Indemnity Co in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.75. Erie Indemnity Co's value of 17.88% is 551.4% above this benchmark. Historically, Erie Indemnity Co's own Return-on-Tangible-Asset has ranged from 12.26 to 22.40 over the past decade. While the company's 10-year median is 15.47 vs. the industry median of 2.75, 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 Return-on-Tangible-Asset for an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.75, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erie Indemnity Co's current Return-on-Tangible-Asset of 17.88% is 551.4% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Erie Indemnity Co and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erie Indemnity Co's current Return-on-Tangible-Asset is 17.88%, which is 16% above median its own 10-year median of 15.47. 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 $344.35, compared to a current price of $219.44 — trading 36.3% below its estimated fair value. The current Return-on-Tangible-Asset is 17.88%, which is 16% above median its 10-year median of 15.47 and 551.4% above the Insurance industry median of 2.75. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Erie Indemnity Co (ERIE), the current Return-on-Tangible-Asset is 17.88% as of Mar. 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 $219.44 is trading 36.3% below its estimated GF Value™ of $344.35.
GuruFocus considers Erie Indemnity Co to be Significantly Undervalued.
Key valuation signals for ERIE:
Return-on-Tangible-Asset: 17.88% (16% above median its 10-year median of 15.47)
GF Value™: $344.35 vs. price of $219.44 (36.3% below fair value)
Industry Position: 551.4% above the Insurance median (#15 of 506)
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
Get the complete analysis for ERIE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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