The historical rank and industry rank for Ameriprise Financial's PB Ratio or its related term are showing as below:
AMP'
s PB Ratio Range Over the Past 10 Years
Min: 1.65 Med: 3.56 Max: 10.89
Current: 9.35
During the past 13 years, Ameriprise Financial's highest PB Ratio was 10.89. The lowest was 1.65. And the median was 3.56.
AMP's PB Ratio is ranked worse than 97.59% of 1662
companies
in the Asset Management industry
Industry Median: 0.94
vs AMP: 9.35
During the past 12 months, Ameriprise Financial's average Book Value Per Share Growth Rate was 55.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ameriprise Financial was 16.40% per year. The lowest was -7.90% per year. And the median was 3.40% per year.
Back to Basics: PB Ratio
Ameriprise Financial PB Ratio Historical Data
The historical data trend for Ameriprise Financial's PB 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 PB Ratio
For the Asset Management subindustry, Ameriprise Financial's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ameriprise Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's PB Ratio falls into.
Ameriprise Financial PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Ameriprise Financial (NYSE:AMP) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Ameriprise Financial PB Ratio Related Terms
Thank you for viewing the detailed overview of Ameriprise Financial's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. 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 proprietary fixed annuities in 2020.
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