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	16.8	-26.24%	🇺🇸 USA
Raymond James RJF	20.1	-11.75%	🇺🇸 USA
Affiliated Managers Group AMG	6.09	-73.29%	🇺🇸 USA
SEI Investments SEIC	23.7	3.94%	🇺🇸 USA
H&R Block HRB	15.1	-33.84%	🇺🇸 USA
Costco COST	75.6	231.50%	🇺🇸 USA
Ford F	7.02	-69.22%	🇺🇸 USA
Principal PFG	12.6	-44.90%	🇺🇸 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.