Forward PE Ratio: 21.40
The forward PE ratio is 21.40 as of Thursday, July 9, 2026.
Forward PE Ratio (21.40) = Close Price ($133.85) / Consensus Forward EPS ($6.35)
AEP Forward PE Ratio Metrics
FORWARD PE RATIO
21.40
AEP Competitors' Forward PE Ratio
American Electric Power Company, Inc.
Market Cap
$72.83B
Forward PE Ratio
21.40
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| American Electric Power Company, Inc. (AEP) | $72.83B | 21.40 |
| Sempra (SRE)vs › | $61.85B | 18.65 |
| Dominion Energy, Inc. (D)vs › | $61.08B | 19.47 |
| Constellation Energy Corporation (CEG)vs › | $90.04B | 20.82 |
| Vistra Corp. (VST)vs › | $53.27B | 16.73 |
| Entergy Corporation (ETR)vs › | $52.17B | 25.98 |
| Xcel Energy Inc. (XEL)vs › | $49.33B | 19.36 |
| Duke Energy Corporation (DUK)vs › | $97.65B | 18.91 |
| Exelon Corporation (EXC)vs › | $47.46B | 16.55 |
| Consolidated Edison, Inc. (ED)vs › | $40.64B | 18.37 |
Trailing vs Forward
Trailing P/E
20.1
reported TTM EPS
Forward P/E
21.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.35 implies -6.2% EPS decline vs the reported trailing $6.77.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $133.85 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $6.35 | $6.25 – $6.45 | 13 | 21.1x |
| 2027-12-31 | $6.85 | $6.77 – $6.98 | 14 | 19.5x |
| 2028-12-31 | $7.58 | $7.52 – $7.68 | 8 | 17.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for American Electric Power Company, Inc. (AEP)?
- The forward PE ratio for AEP stock is 21.40.
Related Metrics
About American Electric Power Company, Inc.
American Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity. Serving both retail and wholesale clients across the United States, AEP organizes its extensive operations into several key segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. The firm produces its electrical power from a diverse portfolio of energy sources, including coal, lignite, natural gas, nuclear, hydroelectric, solar, and wind power, alongside other emerging technologies. Beyond direct consumer sales, AEP also functions as a major wholesale electricity supplier, providing power to other utility companies, rural electric cooperatives, municipalities, and various other participants within the energy market. Incorporated in 1906, the company's corporate headquarters are situated in Columbus, Ohio.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- William J. Fehrman