This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Ameriprise Financial's Median PS Value or its related term are showing as below:
BSP:A1MP34'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.74 Med: 1.21 Max: 1.53
Current: 1.47
During the past 13 years, the highest Price to Median PS Value of Ameriprise Financial was 1.53. The lowest was 0.74. And the median was 1.21.
BSP:A1MP34's Price-to-Median-PS-Value is ranked worse than 73.31% of 311
companies
in the Asset Management industry
Industry Median: 0.93
vs BSP:A1MP34: 1.47
Ameriprise Financial Median PS Value Historical Data
The historical data trend for Ameriprise Financial's Median PS Value 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 Median PS Value
For the Asset Management subindustry, Ameriprise Financial's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ameriprise Financial's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.9641.
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 R$184.245.
* 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 (BSP:A1MP34) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Ameriprise Financial's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
532.27
/
361.88
=
1.47
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of Ameriprise Financial's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Ameriprise Financial (BSP:A1MP34) 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.
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