P/E ratio for Affiliated Managers Group (AMG)
P/E ratio as of September 2023 (TTM): 4.28
According to Affiliated Managers Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.27697. At the end of 2021 the company had a P/E ratio of 12.0.
P/E ratio history for Affiliated Managers Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.0 | |
| 2019 | 207 | 841.78% |
| 2018 | 21.9 | 31.94% |
| 2017 | 16.6 | -0.41% |
| 2016 | 16.7 | -0.69% |
| 2015 | 16.8 | -34.63% |
| 2014 | 25.7 | -19.58% |
| 2013 | 32.0 | -17.66% |
| 2012 | 38.9 | 28.76% |
| 2011 | 30.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BlackRock BLK | 18.6 | 335.62% | 🇺🇸 USA |
 Franklin Resources BEN | 15.2 | 254.66% | 🇺🇸 USA |
 Invesco
IVZ | 9.99 | 133.64% | 🇺🇸 USA |
 AllianceBernstein AB | 13.6 | 217.95% | 🇺🇸 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.