The P/E ratio for American Electric Power stock stands at 20.35 as of Apr 29, 2024. This takes into account the latest EPS of $4.26 and stock price of $86.67. 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 21.97. The current 20.35 price-to-earnings ratio is 7% 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 | Change |
|---|---|---|
| 2023 | 19.07 | -9.41% |
| 2022 | 21.05 | 17.6% |
| 2021 | 17.9 | -4.53% |
| 2020 | 18.75 | -22.84% |
| 2019 | 24.3 | 26.83% |
| 2018 | 19.16 | 1.32% |
| 2017 | 18.91 | -62.75% |
| 2016 | 50.77 | 263.42% |
| 2015 | 13.97 | -23.16% |
| 2014 | 18.18 | 18.21% |
AEP's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
AEP's PE ratio is less than its peer stocks SO and DUK, but it is above EXC's and XEL's. American Electric Power's current PE ratio of 20.35 is in line with the average of its peers, which is 20.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ETR Entergy Corp | 9.52 | $22.61B |
| EXC Exelon Corp | 15.93 | $37.26B |
| XEL Xcel Energy Inc | 16.2 | $29.98B |
| SO Southern Co | 20.31 | $80.65B |
| AEP American Electric Power Co Inc | 20.46 | $45.85B |
| FE Firstenergy Corp | 20.7 | $22.04B |
| D Dominion Energy Inc | 22.04 | $42.27B |
| PPL PPL Corp | 27.22 | $20.06B |
| DUK Duke Energy CORP | 27.68 | $75.52B |
| AES Aes Corp | 47.11 | $12.38B |
| NRG Nrg Energy Inc | N/A | $15.32B |
AEP stock has a price to earnings ratio of 20.35 as of Apr 29, 2024.
As an average over the last 3 years, AEP stock has a PE ratio of 19.21.
As an average over the last 5 years, AEP stock has a PE ratio of 19.99.
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 7% 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 (Apr 29, 2024), American Electric Power's share price is $86.67. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.26. Therefore, American Electric Power's price to earnings ratio for today is 20.35. PE RATIO(20.35) = STOCK PRICE($86.67) / TTM EPS($4.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.