Ameriprise Financial (BSP:A1MP34) PB Ratio

: 9.32 (As of Today)

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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. As of today (2024-04-19), Ameriprise Financial's share price is R$539.03. Ameriprise Financial's Book Value per Share for the quarter that ended in Dec. 2023 was R$57.83. Hence, Ameriprise Financial's PB Ratio of today is 9.32.

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

BSP:A1MP34' s PB Ratio Range Over the Past 10 Years
Min: 1.65 Med: 3.23 Max: 10.89
Current: 8.74

During the past 13 years, Ameriprise Financial's highest PB Ratio was 10.89. The lowest was 1.65. And the median was 3.23.

BSP:A1MP34's PB Ratio is ranked worse than
97.81% of 1692 companies
in the Asset Management industry
Industry Median: 0.92 vs BSP:A1MP34: 8.74

During the past 12 months, Ameriprise Financial's average Book Value Per Share Growth Rate was 30.70% 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.

* Premium members only.

Ameriprise Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

3.79

5.58

8.65

7.98

Ameriprise Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																8.65	7.53	8.30	8.88	7.98

Competitive Comparison

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 PB Ratio Distribution

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.

Ameriprise Financial's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	539.03	/	57.828
	=	9.32

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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 (BSP:A1MP34) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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 (BSP:A1MP34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameriprise Financial Inc (BSP:A1MP34) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

AMP:USA AMP:Mexico A4S:Germany

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 (BSP:A1MP34) Headlines

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