ERIE Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Also see: ERIE Shares Outstanding History and ERIE YTD Return |
ERIE Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Also see: ERIE Shares Outstanding History and ERIE YTD Return |
ERIE Market Cap History Chart | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
+16.10% CAGR Mouse over chart for data details
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ERIE Stock Price Chart |
About Erie Indemnity Co. |
Erie Indemnity is a holding company. Through its subsidiaries, Co. serves as an attorney-in-fact for the subscribers at its subsidiary, Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. Co.'s primary function as attorney-in-fact is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange. Co. also acts as attorney-in-fact on behalf of the Exchange with respect to various claims handling and investment management services, as well as the service provider for claims handling, life insurance, and investment management services for its insurance subsidiaries. We show 56 historical shares outstanding datapoints in our ERIE shares outstanding history coverage, used to compute ERIE market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing ERIE market cap history over the course of time is important for investors interested in comparing ERIE's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of ERIE versus a peer is one thing; comparing ERIE market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like ERIE can fluctuate over the course of history. With this page we aim to empower investors researching ERIE by allowing them to research the ERIE market cap history. |
ERIE Current Stock Quote |
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Video: The Importance of Market Cap | |
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ERIE Share Performance |
Market Cap Peers |
Erie Indemnity (ERIE) is categorized under the Financials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
ERUS Market Cap History |
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