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AMP (AMLTF) Price-to-Tangible-Book

: 0.74 (As of Today)
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As of today (2024-04-23), AMP's share price is $0.661. AMP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.90. Hence, AMP's Price to Tangible Book Ratio of today is 0.74.

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

AMLTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 1.85   Max: 3.86
Current: 0.82

During the past 13 years, AMP's highest Price to Tangible Book Ratio was 3.86. The lowest was 0.70. And the median was 1.85.

AMLTF's Price-to-Tangible-Book is ranked better than
88.72% of 514 companies
in the Diversified Financial Services industry
Industry Median: 1.825 vs AMLTF: 0.82

A closely related ratio is called PB Ratio. As of today, AMP's share price is $0.661. AMP's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.95. Hence, AMP's P/B Ratio of today is 0.70.


AMP Price-to-Tangible-Book Historical Data

The historical data trend for AMP'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.

AMP 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 1.61 1.52 0.90 1.00 0.70

AMP Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.90 0.81 1.00 0.73 0.70

Competitive Comparison

For the Financial Conglomerates subindustry, AMP'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.


AMP Price-to-Tangible-Book Distribution

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

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



AMP Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.661/0.895
=0.74

* 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.


AMP Price-to-Tangible-Book Related Terms

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


AMP (AMLTF) Business Description

Traded in Other Exchanges
Address
50 Bridge Street, AMP Building, Sydney, NSW, AUS, 2000
At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into superfunds and non-super investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 72 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.

AMP (AMLTF) Headlines

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