As of Apr 17, 2024, the AMP stock has a PE ratio of 17.03. The calculation is based on the latest EPS of $24.18 and the stock price of $411.77 per share. An increase of 30% has been observed in the PE ratio compared to its average of 13.1 of the past four quarters.
The mean historical PE ratio of Ameriprise Financial over the last ten years is 12.53. The current 17.03 price-to-earnings ratio is 36% more than the historical average. Analyzing the last ten years, AMP's PE ratio reached its highest point in the Jun 2021 quarter at 26.96, with a price of $248.88 and an EPS of $9.23. The Mar 2020 quarter saw the lowest point at 3.74, with a price of $102.48 and an EPS of $27.4.
Maximum annual increase: 62.98% in 2019
Maximum annual decrease: -58.98% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.71 | 42.69% |
| 2022 | 11.01 | 6.27% |
| 2021 | 10.36 | -33.93% |
| 2020 | 15.68 | 32.88% |
| 2019 | 11.8 | 62.98% |
| 2018 | 7.24 | -58.98% |
| 2017 | 17.65 | 25.71% |
| 2016 | 14.04 | 13.5% |
| 2015 | 12.37 | -20.96% |
| 2014 | 15.65 | -10.78% |
Currently, AMP's PE ratio is higher than the 3, 5 and 10-year averages.
AMP's PE ratio is less than its peer stocks PFG and SEIC, but it is above RJF's and TROW's. Ameriprise Financial's current PE ratio of 17.03 is in line with the average of its peers, which is 17.14.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMG Affiliated Managers Group Inc | 8.25 | $5.19B |
| TROW Price T Rowe Group Inc | 13.97 | $24.31B |
| RJF Raymond James Financial Inc | 14.93 | $25.49B |
| NTRS Northern Trust Corp | 15.99 | $16.68B |
| AMP Ameriprise Financial Inc | 17.06 | $41.38B |
| SEIC Sei Investments Co | 18.93 | $8.68B |
| PFG Principal Financial Group Inc | 30.61 | $18.63B |
AMP's price to earnings ratio is 17.03 as of Apr 17, 2024.
The average PE ratio for AMP stock over the past 3 years is 12.57.
The average PE ratio for AMP stock over the past 5 years is 11.6.
Over the last ten years, the quarterly PE ratio reached its highest level at 26.96 in the Jun 2021 quarter.
AMP's current price to earnings ratio is 36% above its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 17, 2024), Ameriprise Financial's share price is $411.77. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $24.18. Therefore, Ameriprise Financial's price to earnings ratio for today is 17.03. PE RATIO(17.03) = STOCK PRICE($411.77) / TTM EPS($24.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.