The P/E ratio for American Electric Power stock stands at 17.46 as of Nov 5, 2025. This takes into account the latest EPS of $6.86 and stock price of $119.76. The PE ratio at present is nearly equal to the average from the previous 4 quarters.
Over the last ten years, the average PE ratio of American Electric Power has been 22.13. The current 17.46 price-to-earnings ratio is 21% less than the historical average. Analyzing the last ten years, AEP's PE ratio reached its highest point in the Jun 2017 quarter at 59.89, with a price of $69.47 and an EPS of $1.16. The Dec 2015 quarter saw the lowest point at 13.97, with a price of $58.27 and an EPS of $4.17.
Maximum annual increase: 263.42% in 2016
Maximum annual decrease: -62.75% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 16.47 | -13.63% | $92.23 | $5.6 |
| 2023 | 19.07 | -9.41% | $81.22 | $4.26 |
| 2022 | 21.05 | 17.6% | $94.95 | $4.51 |
| 2021 | 17.9 | -4.53% | $88.97 | $4.97 |
| 2020 | 18.75 | -22.84% | $83.27 | $4.44 |
| 2019 | 24.3 | 26.83% | $94.51 | $3.89 |
| 2018 | 19.16 | 1.32% | $74.74 | $3.9 |
| 2017 | 18.91 | -62.75% | $73.57 | $3.89 |
| 2016 | 50.77 | 263.42% | $62.96 | $1.24 |
| 2015 | 13.97 | -23.16% | $58.27 | $4.17 |
| 2014 | 18.18 | 18.21% | $60.72 | $3.34 |
| 2013 | 15.38 | -6.33% | $46.74 | $3.04 |
| 2012 | 16.42 | 59.73% | $42.68 | $2.6 |
| 2011 | 10.28 | -27.71% | $41.31 | $4.02 |
| 2010 | 14.22 | 21.02% | $35.98 | $2.53 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 16.4 | 8.11% | $112.5 | $6.86 |
| Jun 2025 | 15.17 | -27.93% | $103.76 | $6.84 |
| Mar 2025 | 21.05 | 27.81% | $109.27 | $5.19 |
| Dec 2024 | 16.47 | -19.89% | $92.23 | $5.6 |
| Sep 2024 | 20.56 | 17.62% | $102.6 | $4.99 |
| Jun 2024 | 17.48 | 9.46% | $87.74 | $5.02 |
| Mar 2024 | 15.97 | -16.26% | $86.1 | $5.39 |
| Dec 2023 | 19.07 | 10.55% | $81.22 | $4.26 |
| Sep 2023 | 17.25 | -20.91% | $75.22 | $4.36 |
| Jun 2023 | 21.81 | -7.23% | $84.2 | $3.86 |
| Mar 2023 | 23.51 | 11.69% | $90.99 | $3.87 |
| Dec 2022 | 21.05 | 17.6% | $94.95 | $4.51 |
| Sep 2022 | 17.9 | -5.04% | $86.45 | $4.83 |
| Jun 2022 | 18.85 | -1.21% | $95.94 | $5.09 |
| Mar 2022 | 19.08 | 6.59% | $99.77 | $5.23 |
AEP's current PE ratio is under its 3, 5 and 10-year averages.
With a price to earnings (P/E) of 17.46, AEP stands lower than the Utilities sector, the industry and its peers average. Looking at the Utilities sector average of 20.94, American Electric Power's price to earnings (P/E) is 17% lower.
AEP's PE ratio is less than its peer stocks SO and DUK, but it is above AES's. American Electric Power's current PE ratio of 17.46 is less than the average of its peers, which is 20.84.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AES Aes Corp | 8.88 | $10.11B |
| EXC Exelon Corp | 16.33 | $46.19B |
| AEP American Electric Power Co Inc | 17.43 | $63.99B |
| FE Firstenergy Corp | 20.03 | $26.5B |
| DUK Duke Energy CORP | 20.3 | $97.08B |
| SO Southern Co | 22.45 | $100.1B |
| D Dominion Energy Inc | 22.49 | $51.67B |
| ETR Entergy Corp | 23.18 | $42.75B |
| XEL Xcel Energy Inc | 24.48 | $47.64B |
| PPL PPL Corp | 24.67 | $27.01B |
| NRG Nrg Energy Inc | 72.29 | $32.86B |
AEP stock has a price to earnings ratio of 17.46 as of Nov 5, 2025.
As an average over the last 3 years, AEP stock has a PE ratio of 18.82.
As an average over the last 5 years, AEP stock has a PE ratio of 18.58.
The highest quarterly PE ratio in the last ten years has been 59.89 and it was in the Jun 2017 quarter.
AEP's price to earnings ratio is currently 21% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 5, 2025), American Electric Power's share price is $119.76. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $6.86. Therefore, American Electric Power's price to earnings ratio for today is 17.46. PE RATIO(17.46) = STOCK PRICE($119.76) / TTM EPS($6.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.