American Express Co P/B Ratio
Data as of August 04, 2026
P/B Ratio
7.06
Stock Price
$344.72
Book Value/Share
$48.80
Sector
Financial Services
How It's Calculated
7.06 = $344.72 ÷ $48.80
What This Means
American Express Co's P/B ratio of 7.06 is above 6. Asset-light business models and unrecognized intangible assets can make book value a limited denominator; the multiple alone does not determine fair value.
About American Express Co
American Express Co (AXP) operates in the Financial Services sector, specifically in Financial Services. With a market capitalization of about $227.07B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $344.72, within a 52-week range of $288.34 to $387.49 (-11.0% from the high, +19.6% from the low). Beta of 1.07 is broadly in line with typical market sensitivity.
Trailing profit margin is about 14.1%, signaling a solid profit margin for its industry.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For American Express Co, P/B is especially useful when earnings are volatile or temporarily depressed. In Financial Services, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Financial Services names on our S&P 100 coverage, American Express Co's P/B ratio of 7.06 can be compared with peers such as BRK-B (0.00), V (18.48), MA (65.97). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Financial Services stocks.
Key Takeaways
- AXP is grouped in the Financial Services sector for peer comparisons.
- Recent beta of 1.07 suggests market-like price sensitivity.
- Trailing profit margin of 14.1% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for AXP.
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Frequently Asked Questions
What does AXP's price-to-book ratio indicate?
P/B compares share price to book value per share. American Express Co's P/B of 7.06 reflects how the market prices net assets — especially relevant for asset-heavy Financial Services business models.
Is 7.06 above or below book value?
A P/B above 1.0 (7.06) means the market values AXP above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Financial Services?
Peer P/B levels in Financial Services (e.g. MA (65.97), V (18.48), SCHW (3.77)) provide context; asset-light vs asset-heavy models differ materially.
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