P/E ratio for Ameriprise Financial (AMP)

P/E ratio history for Ameriprise Financial from 2005 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
T. Rowe Price TROW	17.1	-21.93%	🇺🇸 USA
Raymond James RJF	19.2	-12.13%	🇺🇸 USA
Affiliated Managers Group AMG	5.93	-72.84%	🇺🇸 USA
SEI Investments SEIC	23.6	8.27%	🇺🇸 USA
H&R Block HRB	16.7	-23.33%	🇺🇸 USA
Costco COST	72.5	231.80%	🇺🇸 USA
Ford F	7.12	-67.42%	🇺🇸 USA
Principal PFG	12.8	-41.59%	🇺🇸 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.