P/E ratio for Ameriprise Financial (AMP)
P/E ratio as of September 2023 (TTM): 15.4
According to Ameriprise Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3541. At the end of 2021 the company had a P/E ratio of 12.8.
P/E ratio history for Ameriprise Financial from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.8 | |
| 2019 | 11.8 | 62.54% |
| 2018 | 7.25 | -59.03% |
| 2017 | 17.7 | 25.97% |
| 2016 | 14.0 | 13.35% |
| 2015 | 12.4 | -20.75% |
| 2014 | 15.6 | -10.73% |
| 2013 | 17.5 | 32.53% |
| 2012 | 13.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Costco COST | 44.3 | 188.51% | 🇺🇸 USA |
 H&R Block
HRB | 11.1 | -27.61% | 🇺🇸 USA |
 Principal PFG | 11.1 | -28.00% | 🇺🇸 USA |
 T. Rowe Price
TROW | 15.7 | 2.04% | 🇺🇸 USA |
 Ford F | 12.1 | -21.40% | 🇺🇸 USA |
 Raymond James RJF | 12.5 | -18.72% | 🇺🇸 USA |
 SEI Investments SEIC | 20.2 | 31.68% | 🇺🇸 USA |
 Affiliated Managers Group AMG | 4.29 | -72.07% | 🇺🇸 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.