The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Ameriprise Financial's share price is $410.91.
Ameriprise Financial's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $149.81. Hence, Ameriprise Financial's PS Ratio for today is 2.74.
Warning Sign:
Ameriprise Financial Inc stock PS Ratio (=2.86) is close to 10-year high of 3.04
The historical rank and industry rank for Ameriprise Financial's PS Ratio or its related term are showing as below:
AMP'
s PS Ratio Range Over the Past 10 Years
Min: 0.95 Med: 1.94 Max: 3.04
Current: 2.74
During the past 13 years, Ameriprise Financial's highest PS Ratio was 3.04. The lowest was 0.95. And the median was 1.94.
AMP's PS Ratio is ranked better than 80.91% of 1414
companies
in the Asset Management industry
Industry Median: 8.3
vs AMP: 2.74
Ameriprise Financial Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Ameriprise Financial was 14.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 15.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.50% per year.
During the past 13 years, Ameriprise Financial's highest 3-Year average Revenue per Share Growth Rate was 15.00% per year. The lowest was -1.10% per year. And the median was 9.50% per year.
Back to Basics: PS Ratio
Ameriprise Financial PS Ratio Historical Data
The historical data trend for Ameriprise Financial's PS Ratio 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.
Competitive Comparison of Ameriprise Financial's PS Ratio
For the Asset Management subindustry, Ameriprise Financial's PS Ratio, along with its competitors' market caps and PS Ratio 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.
Ameriprise Financial's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ameriprise Financial's PS Ratio distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's PS Ratio falls into.
Ameriprise Financial PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Ameriprise Financial's Share Price of today is $410.91. Ameriprise Financial's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $149.81.
* 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:
Ameriprise Financial (NYSE:AMP) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Ameriprise Financial PS Ratio Related Terms
Thank you for viewing the detailed overview of Ameriprise Financial's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Ameriprise Financial (Ameriprise Financial) Business Description
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AMP has been successfully added to your 