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Highest Price to Forward Sales in the Property & Casualty Insurance Industry Detected in Shares of Erie Indemnity (ERIE, AGO, MBI, PRA, RLI)

By Amy Schwartz

Below are the three companies in the Property & Casualty Insurance industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

Erie Indemnity ranks highest with a a price to forward sales ratio of 220.68. Following is Assured Guaranty with a a price to forward sales ratio of 5.36. MBIA ranks third highest with a a price to forward sales ratio of 3.78.

ProAssurance follows with a a price to forward sales ratio of 3.78, and RLI rounds out the top five with a a price to forward sales ratio of 3.25.

SmarTrend recommended that subscribers consider buying shares of Assured Guaranty on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $26.21. Since that recommendation, shares of Assured Guaranty have risen 58.9%. We continue to monitor Assured Guaranty for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to forward sales erie indemnity assured guaranty mbia proassurance

Ticker(s): ERIE AGO MBI PRA RLI