American Electric Power forward PE AEP

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

Today, Oct 23, 2026: 19.4×
10-year median: 18.4×
Against its 10-year history: 72nd; percentile: 0 is its lowest day, 100 its highest
10-year range: 13.3× to 24.9×
Peer median: 18.3×

American Electric Power's forward PE is 19.4× as of Oct 23, 2026.

That is above its ten-year median of 18.4×, higher than on 72% of days in the last ten years.

Over that time it ranged from 13.3× in Oct 2023 to 24.9× in Jan 2020.

The median for 10 electric utilities of a similar size is 18.3×.

Forward PE over time

median 18.4×

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	19.4×	17.8×	21.3×
2025	18.6×	16.1×	19.9×
2024	16.2×	13.8×	18.2×
2023	14.6×	13.3×	19.5×
2022	19.2×	17.3×	21.9×
2021	18.2×	16.0×	19.1×
2020	18.3×	16.3×	24.9×
2019	22.5×	17.9×	23.4×
2018	18.3×	17.2×	19.6×
2017	20.2×	16.7×	21.2×
2016	17.5×	16.2×	20.3×
2015	16.3×	15.1×	20.5×
2014	19.7×	14.5×	19.7×
2013	14.6×	13.1×	15.8×
2012	13.7×	12.9×	14.8×
2011	14.4×	10.9×	14.5×
2010	11.5×	11.2×	13.0×
2009	12.5×	9.9×	13.8×
2008	13.0×	9.8×	15.9×
2007	15.6×	15.2×	17.9×

Against its peers

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

Company	Forward PE
AEPAmerican Electric Power	19.4×
DDominion Energy	17.7×
DUKDuke Energy	18.5×
ETREntergy	22.8×
XELXcel Energy	18.4×
SOSouthern	20.0×
EXCExelon	15.1×
EDConsolidated Edison	18.3×
WECWEC Energy	20.7×
PEGPublic Service Enterprise	16.1×
PCGPG&E	7.5×
Peer median	18.3×

Where American Electric Power 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 American Electric Power

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