Looking into the current session, Ameriprise Finl Inc. (NYSE:AMP) shares are trading at $334.09, after a 0.93% decrease. Over the past month, the stock decreased by 0.01%, but over the past year, it actually spiked by 31.97%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
A Look at Ameriprise Finl P/E Relative to Its Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's ...