American Electric Power
AEP
#408
Rank
$46.10 B
Marketcap
$87.47
Share price
-1.30%
Change (1 day)
6.35%
Change (1 year)

American Electric Power Company, Inc., or AEP for short, is one of the largest energy companies in the United States. The company powers parts of 11 states in the United States and employs around 17,666 people.

P/E ratio for American Electric Power (AEP)

P/E ratio as of May 2024 (TTM): 20.1

According to American Electric Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0619. At the end of 2022 the company had a P/E ratio of 21.1.

P/E ratio history for American Electric Power from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.117.84%
202117.9-4.74%
202018.8-22.81%
201924.326.45%
201819.21.59%
201718.9-62.75%
201650.8264.23%
201513.9-23.09%
201418.117.89%
201315.4-6.34%
201216.459.35%
201110.3-27.56%
201014.221.82%
200911.720.32%
20089.70-43.11%
200717.11.74%
200616.8-5.99%
200517.842.8%
200412.5-86.08%
200389.7-277.3%
2002-50.6-451.13%
200114.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-24.8-223.56%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3-3.89%๐Ÿ‡บ๐Ÿ‡ธ USA
16.9-15.91%๐Ÿ‡บ๐Ÿ‡ธ USA
42.3 111.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.8-154.07%๐Ÿ‡บ๐Ÿ‡ธ USA
27.8 38.42%๐Ÿ‡บ๐Ÿ‡ธ USA
70.7 252.50%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3-23.80%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4 26.59%๐Ÿ‡บ๐Ÿ‡ธ USA
16.9-15.92%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.