American Express (AXP) Price to Book (2009 - 2026)
American Express' (AXP) Price to Book stood at 6.66 in Q2 2026, down 3.1% from 6.87 a year earlier but up 9.8% from the prior quarter.
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Analysis
American Express (AXP) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, American Express' Price to Book came in at 7.58, up 10.1% from FY2024.
- Annual Price to Book has increased for three straight years.
- Across earlier years, Price to Book came in at 6.88 in FY2024 (+42.6%), 4.83 in FY2023 (+8.7%), 4.44 in FY2022 (-20.9%) and 5.61 in FY2021 (+32.6%).
- Quarterly Price to Book has ranged from 3.98 in Q3 2023 to 7.58 in Q4 2025 over the past five years.
- On a year-over-year basis, Price to Book rose in seven of the last eight quarters, with growth averaging 18.8%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 61.5% in Q3 2024, against a decline of 25.2% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.07 (Q1 2026), 7.58 (Q4 2025) and 7.06 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 886.05 Bn | 915.53 Bn | - |
| 2 | Banco Santander Chile | 409.93 Bn | 529.88 Bn | - |
| 3 | Bank Of America | 377.01 Bn | -1,999.06 Bn | - |
| 4 | Hsbc Holdings | 329.11 Bn | 329.16 Bn | - |
| 5 | Morgan Stanley | 295.54 Bn | -213.55 Bn | - |
| 6 | Royal Bank Of Canada | 273.59 Bn | 124.33 Bn | - |
| 7 | Mitsubishi Ufj Financial | 268.33 Bn | -1,320.16 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 261.29 Bn | -3,295.82 Bn | - |
| 9 | Wells Fargo & Company | 243.13 Bn | 245.26 Bn | - |
| 10 | American Express | 203.91 Bn | -4.26 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.66 |
| Mar 31, 2026 | 6.07 |
| Dec 31, 2025 | 7.58 |
| Sep 30, 2025 | 7.06 |
| Jun 30, 2025 | 6.87 |
| Mar 31, 2025 | 6.04 |
| Dec 31, 2024 | 6.88 |
| Sep 30, 2024 | 6.43 |
| Jun 30, 2024 | 5.58 |
| Mar 31, 2024 | 5.69 |
| Dec 31, 2023 | 4.83 |
| Sep 30, 2023 | 3.98 |
| Jun 30, 2023 | 4.80 |
| Mar 31, 2023 | 4.72 |
| Dec 31, 2022 | 4.44 |
| Sep 30, 2022 | 4.21 |
| Jun 30, 2022 | 4.48 |
| Mar 31, 2022 | 6.31 |
| Dec 31, 2021 | 5.61 |
| Sep 30, 2021 | 5.34 |
API Access
American Express Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=AXP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "AXP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();