Affiliated Managers Group
AMG
#2591
Rank
$5.14 B
Marketcap
$158.64
Share price
1.63%
Change (1 day)
9.31%
Change (1 year)

P/E ratio for Affiliated Managers Group (AMG)

P/E ratio as of May 2024 (TTM): 5.06

According to Affiliated Managers Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.05669. At the end of 2022 the company had a P/E ratio of 5.23.

P/E ratio history for Affiliated Managers Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.23-56.54%
202112.0-48.25%
202023.3-88.74%
2019207841.78%
201821.931.94%
201716.6-0.41%
201616.7-0.9%
201516.9-34.49%
201425.7-19.58%
201332.0-17.66%
201238.928.76%
201130.2-12.11%
201034.3-27.61%
200947.4-107.92%
2008-599-3250.81%
200719.0-12.5%
200621.7-4.18%
200522.7-13.99%
200426.48.01%
200324.423.22%
200219.8-36.5%
200131.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.8 331.69%๐Ÿ‡บ๐Ÿ‡ธ USA
13.3 162.60%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8 113.91%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2 199.97%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.