Ameriprise Financial (FRA:A4S) Cyclically Adjusted PS Ratio: 3.95 (As of Aug. 14, 2026) — 30% Above Median

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FRA:A4S Ameriprise Financial Inc FRA:A4S
91 GF Score
Price €493.80
GF Value €504.18
Valuation Fairly Valued
! 5 Warning Signs
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What is Ameriprise Financial Cyclically Adjusted PS Ratio?

Ameriprise Financial FRA:A4S +1.02% 91 Cyclically Adjusted PS Ratio is 3.95 as of Aug. 14, 2026, which is 30% above its 10-year median of 3.03. GuruFocus rates FRA:A4S with a GF Score™ of 91/100 and a GF Value™ of €504.18 (Fairly Valued). The stock has 5 warning signs investors should review. Among 922 Asset Management companies, Ameriprise Financial ranks better than 71.37% on this metric.

As of today (2026-08-14), Ameriprise Financial's current share price is €493.80. Ameriprise Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €124.99. Ameriprise Financial's Cyclically Adjusted PS Ratio for today is 3.95.

The historical rank and industry rank for Ameriprise Financial's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:A4S' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 3.03   Max: 4.88
Current: 3.99

During the past years, Ameriprise Financial's highest Cyclically Adjusted PS Ratio was 4.88. The lowest was 1.30. And the median was 3.03.

FRA:A4S's Cyclically Adjusted PS Ratio is ranked better than
71.37% of 922 companies
in the Asset Management industry
Industry Median: 7.96 vs FRA:A4S: 3.99

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ameriprise Financial's adjusted revenue per share data for the three months ended in Jun. 2026 was €46.156. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €124.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameriprise Financial  (FRA:A4S) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ameriprise Financial Cyclically Adjusted PS Ratio Related Terms


Ameriprise Financial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ameriprise Financial's Cyclically Adjusted 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.

Ameriprise Financial Cyclically Adjusted PS Ratio Chart

Ameriprise Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 3.18 3.50 4.43 3.68

Ameriprise Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 4.20 3.76 3.68 3.21 3.20

FRA:A4S vs STT, RJF, ARES: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Ameriprise Financial's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ameriprise Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ameriprise Financial's Cyclically Adjusted PS Ratio falls into.


FRA:A4S
91GF Score
Ameriprise Financial Inc FRA:A4S
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ameriprise Financial Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ameriprise Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=493.80/124.99
=3.95

* 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.

Ameriprise Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ameriprise Financial's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=46.156/333.9520*333.9520
=46.156

Current CPI (Jun. 2026) = 333.9520.

Ameriprise Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.111 241.428 22.285
201612 18.470 241.432 25.548
201703 17.088 243.801 23.407
201706 17.020 244.955 23.204
201709 16.272 246.819 22.016
201712 17.449 246.524 23.637
201803 16.892 249.554 22.605
201806 18.361 251.989 24.333
201809 19.258 252.439 25.476
201812 19.514 251.233 25.939
201903 19.696 254.202 25.875
201906 20.810 256.143 27.131
201909 22.393 256.759 29.125
201912 21.039 256.974 27.341
202003 21.185 258.115 27.409
202006 19.083 257.797 24.720
202009 20.413 260.280 26.191
202012 21.220 260.474 27.206
202103 23.028 264.877 29.033
202106 23.407 271.696 28.770
202109 20.701 274.310 25.202
202112 27.961 278.802 33.492
202203 28.326 287.504 32.902
202206 28.827 296.311 32.489
202209 31.223 296.808 35.130
202212 30.985 296.797 34.864
202303 31.773 301.836 35.154
202306 33.003 305.109 36.123
202309 34.339 307.789 37.258
202312 34.633 306.746 37.705
202403 36.466 312.332 38.990
202406 37.915 314.175 40.302
202409 38.764 315.301 41.057
202412 42.391 315.605 44.855
202503 40.275 319.799 42.057
202506 38.392 322.561 39.748
202509 41.738 324.800 42.914
202512 44.077 324.054 45.423
202603 44.046 330.213 44.545
202606 46.156 333.952 46.156

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 3.95 mean?
Ameriprise Financial (FRA:A4S) has a Cyclically Adjusted PS Ratio of 3.95 as of Aug. 14, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ameriprise Financial and its competitors. This is 30% above median its historical median of 3.03. Over the past decade, Ameriprise Financial's Cyclically Adjusted PS Ratio has ranged from 1.30 to 4.88. According to the industry distribution chart, Ameriprise Financial ranks #264 out of 922 companies in the Asset Management industry, placing it in the top 28.6%.
Is Ameriprise Financial's Cyclically Adjusted PS Ratio too high?
Ameriprise Financial's current Cyclically Adjusted PS Ratio of 3.95 is 30% above median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 4.88. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.96. Ameriprise Financial's value of 3.95 is 50.4% below this industry median. Based on the distribution chart, Ameriprise Financial ranks #264 out of 922 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ameriprise Financial has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ameriprise Financial's Cyclically Adjusted PS Ratio compare to STT and RJF?
According to the Asset Management industry distribution chart, Ameriprise Financial ranks #264 out of 922 companies for Cyclically Adjusted PS Ratio. This puts Ameriprise Financial in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.96. Ameriprise Financial's value of 3.95 is 50.4% below this benchmark. Historically, Ameriprise Financial's own Cyclically Adjusted PS Ratio has ranged from 1.30 to 4.88 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 7.96, Ameriprise Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.96, based on 922 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ameriprise Financial's current Cyclically Adjusted PS Ratio of 3.95 is 50.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ameriprise Financial and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ameriprise Financial's current Cyclically Adjusted PS Ratio is 3.95, which is 30% above median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ameriprise Financial stock overvalued right now?
Based on GuruFocus' analysis, Ameriprise Financial (FRA:A4S) is currently considered Fairly Valued. The stock's GF Value™ is €504.18, compared to a current price of €493.80 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.95, which is 30% above median its 10-year median of 3.03 and 50.4% below the Asset Management industry median of 7.96. Ameriprise Financial's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ameriprise Financial (FRA:A4S), the current Cyclically Adjusted PS Ratio is 3.95 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ameriprise Financial (FRA:A4S) Overvalued in 2026?

Based on GuruFocus' analysis, Ameriprise Financial stock appears to be undervalued. The current stock price of €493.80 is trading 2.1% below its estimated GF Value™ of €504.18. GuruFocus considers Ameriprise Financial to be Fairly Valued.

Key valuation signals for FRA:A4S:

  • Cyclically Adjusted PS Ratio: 3.95 (30% above median its 10-year median of 3.03)
  • GF Value™: €504.18 vs. price of €493.80 (2.1% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 50.4% below the Asset Management median (#264 of 922)

No single metric tells the full story. See the FRA:A4S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ameriprise Financial Business Description

Address 1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating profit from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third segment is its retirement and protection services business, which sells insurance products to the firm's advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.
91GF Score

Get the complete analysis for FRA:A4S

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€493.80
Price
€504.18
GF Value