Ameren forward PE AEE

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 19.6×
10-year median: 20.5×
Against its 10-year history: 29th; percentile: 0 is its lowest day, 100 its highest
10-year range: 14.9× to 25.7×
Peer median: 16.1×

Ameren's forward PE is 19.6× as of Oct 23, 2026.

That is below its ten-year median of 20.5×, lower than on 71% of days in the last ten years.

Over that time it ranged from 14.9× in Jun 2024 to 25.7× in Feb 2020.

The median for 10 electric utilities of a similar size is 16.1×.

Forward PE over time

median 20.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	19.6×	18.0×	21.9×
2025	18.7×	17.8×	20.6×
2024	18.2×	14.9×	19.1×
2023	16.0×	15.9×	21.9×
2022	21.6×	18.9×	24.2×
2021	22.2×	19.4×	23.5×
2020	22.0×	18.1×	25.7×
2019	22.6×	19.9×	24.0×
2018	20.0×	19.1×	22.7×
2017	21.3×	18.7×	23.0×
2016	20.5×	18.7×	24.4×
2015	19.6×	16.0×	20.5×
2014	20.8×	16.0×	20.8×
2013	16.3×	13.2×	16.7×
2012	12.8×	11.5×	13.5×
2011	13.8×	11.0×	14.7×
2010	11.1×	10.6×	12.3×
2009	12.5×	8.6×	14.0×
2008	13.2×	9.6×	17.6×
2007	18.1×	13.0×	18.1×

Against its peers

Companies in Regulated Electric nearest Ameren's size, closest first, today.

Company	Forward PE
AEEAmeren	19.6×
DTEDTE Energy	16.2×
CNPCenterPoint Energy	20.5×
FEFirstEnergy	16.1×
PCGPG&E	7.5×
PPLPPL	16.9×
ESEversource Energy	14.3×
PEGPublic Service Enterprise	16.1×
WECWEC Energy	20.7×
EIXEdison International	9.2×
CMSCMS Energy	16.8×
Peer median	16.1×

Where Ameren ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Ameren

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.