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American Express Co (American Express Co) Price-to-Tangible-Book

: 6.55 (As of Today)
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As of today (2024-04-16), American Express Co's share price is $218.40. American Express Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $33.34. Hence, American Express Co's Price to Tangible Book Ratio of today is 6.55.

The historical rank and industry rank for American Express Co's Price-to-Tangible-Book or its related term are showing as below:

AXP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.93   Med: 5.23   Max: 6.85
Current: 6.55

During the past 13 years, American Express Co's highest Price to Tangible Book Ratio was 6.85. The lowest was 3.93. And the median was 5.23.

AXP's Price-to-Tangible-Book is ranked worse than
94.75% of 495 companies
in the Credit Services industry
Industry Median: 1.1 vs AXP: 6.55

A closely related ratio is called PB Ratio. As of today, American Express Co's share price is $218.40. American Express Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $38.81. Hence, American Express Co's P/B Ratio of today is 5.63.


American Express Co Price-to-Tangible-Book Historical Data

The historical data trend for American Express Co's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Express Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.17 5.16 6.85 5.28 5.62

American Express Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.28 4.72 4.80 3.98 5.62

Competitive Comparison

For the Credit Services subindustry, American Express Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Express Co Price-to-Tangible-Book Distribution

For the Credit Services industry and Financial Services sector, American Express Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where American Express Co's Price-to-Tangible-Book falls into.



American Express Co Price-to-Tangible-Book Calculation

American Express Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=218.40/33.344
=6.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


American Express Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of American Express Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


American Express Co (American Express Co) Business Description

Address
200 Vesey Street, New York, NY, USA, 10285
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
Executives
Jeffrey C Campbell officer: EVP, Chief Financial Officer 4333 AMON CARTER BLVD, FORT WORTH TX 76155
Douglas E. Buckminster officer: Pres, Int'l Consumer & SBS 200 VESEY STREET, M/S 01-50-01, NEW YORK NY 10285
Clayton Walter Joseph Iii director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Caillec Christophe Le officer: Chief Financial Officer 200 VESEY STREET, NEW YORK NY 10285
Monique Herena officer: Chief Human Resources Officer 225 LIBERTY STREET, NEW YORK NY 10286
Howard Grosfield officer: President, U.S. Consumer Serv 200 VESEY STREET, NEW YORK NY 10285
Quinn Jessica Lieberman officer: Controller 200 VESEY STREET, NEW YORK NY 10285
Raymond Joabar officer: CRO and Pres., GRBC 200 VESEY STREET, NEW YORK NY 10285
Denise Pickett officer: CRO and President, GRBC Group 200 VESEY STREET, NEW YORK NY 10285
Anna Marrs officer: Pres., Global Comm. Services 200 VESEY STREET, NEW YORK NY 10285
Deborah P Majoras director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Rafael Marquez officer: President, International Card 200 VESEY STREET, NEW YORK NY 10285
Theodore Leonsis director WASHINGTON CAPITALS, 627 N GLEBE RD SUITE 850, ARLINGTON VA 22203
Stephen J Squeri officer: EVP, Chief Information Officer 200 VESEY STREET, NEW YORK NY 10285
Anre D Williams officer: Pres. Global Merchant Services 200 VESEY STREET, NEW YORK NY 10285

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