Ameriprise Financial
AMP
#484
Rank
$34.66 B
Marketcap
$325.75
Share price
-2.00%
Change (1 day)
11.66%
Change (1 year)
Ameriprise Financial, Inc. is an American financial services and bank holding company.

P/E ratio for Ameriprise Financial (AMP)

P/E ratio as of November 2022 (TTM): 13.3

According to Ameriprise Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2959. 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
202112.8
201911.862.54%
20187.25-59.03%
201717.725.97%
201614.013.35%
201512.4-20.75%
201415.6-10.73%
201317.532.53%
201213.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
40.1 201.59%๐Ÿ‡บ๐Ÿ‡ธ USA
39.0 193.46%๐Ÿ‡บ๐Ÿ‡ธ USA
4.37-67.13%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8 3.76%๐Ÿ‡บ๐Ÿ‡ธ USA
-38.1-386.85%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2 21.69%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7 25.44%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-15.83%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.