Ameriprise Financial (FRA:A4S) Price-to-Tangible-Book

: 8.92 (As of Today)

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As of today (2024-04-19), Ameriprise Financial's share price is €386.00. Ameriprise Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €43.29. Hence, Ameriprise Financial's Price to Tangible Book Ratio of today is 8.92.

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

FRA:A4S' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.53 Med: 3.74 Max: 8.74
Current: 8.74

During the past 13 years, Ameriprise Financial's highest Price to Tangible Book Ratio was 8.74. The lowest was 2.53. And the median was 3.74.

FRA:A4S's Price-to-Tangible-Book is ranked worse than
96.55% of 1625 companies
in the Asset Management industry
Industry Median: 0.93 vs FRA:A4S: 8.74

A closely related ratio is called PB Ratio. As of today, Ameriprise Financial's share price is €386.00. Ameriprise Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was €43.29. Hence, Ameriprise Financial's P/B Ratio of today is 8.92.

Ameriprise Financial Price-to-Tangible-Book Historical Data

The historical data trend for Ameriprise Financial'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.

Ameriprise Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.56

3.73

5.65

8.52

7.85

Ameriprise Financial 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																8.52	7.59	8.32	8.82	7.85

Competitive Comparison

For the Asset Management subindustry, Ameriprise Financial'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.

Ameriprise Financial Price-to-Tangible-Book Distribution

For the Asset Management industry and Financial Services sector, Ameriprise Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ameriprise Financial's Price-to-Tangible-Book falls into.

Ameriprise Financial Price-to-Tangible-Book Calculation

Ameriprise Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	386.00	/	43.29
	=	8.92

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Ameriprise Financial Price-to-Tangible-Book Related Terms

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

Ameriprise Financial (FRA:A4S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameriprise Financial Inc (FRA:A4S) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AMP:USA AMP:Mexico A1MP34:Brazil

Address

1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474

Website

https://www.ameriprise.com

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.

Ameriprise Financial (FRA:A4S) Headlines

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