P/E ratio for Ameriprise Financial (AMP)
P/E ratio as of May 2024 (TTM): 17.4
According to Ameriprise Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3646. At the end of 2022 the company had a P/E ratio of 13.6.
P/E ratio history for Ameriprise Financial from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.6 | 6.37% |
| 2021 | 12.8 | -19.95% |
| 2020 | 16.0 | 35.43% |
| 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 | 17.38% |
| 2011 | 11.3 | -16.48% |
| 2010 | 13.5 | 0.08% |
| 2009 | 13.5 | -110.38% |
| 2008 | -130 | -914.79% |
| 2007 | 15.9 | -25.48% |
| 2006 | 21.4 | 20.94% |
| 2005 | 17.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Costco COST | 61.7 | 255.26% | 🇺🇸 USA |
 H&R Block
HRB | 14.0 | -19.27% | 🇺🇸 USA |
 Principal PFG | 12.5 | -28.07% | 🇺🇸 USA |
 T. Rowe Price
TROW | 16.2 | -6.45% | 🇺🇸 USA |
 Ford F | 8.08 | -53.48% | 🇺🇸 USA |
 Raymond James RJF | 15.6 | -10.29% | 🇺🇸 USA |
 SEI Investments SEIC | 20.0 | 15.07% | 🇺🇸 USA |
 Affiliated Managers Group AMG | 5.15 | -70.33% | 🇺🇸 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.