Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.96.
Forward PE Ratio (18.96) = Close Price ($120.94) / Consensus Forward EPS ($6.38)
FORWARD PE RATIO
18.96
SECTOR MEDIAN · UTILITIES
17.63
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+7.51%
vs the sector median at left
American Electric Power Company, Inc.
Market Cap
$65.84B
Forward PE Ratio
18.96
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| American Electric Power Company, Inc. (AEP) | $65.84B | 18.96 |
| Dominion Energy, Inc. (D)vs › | $58.57B | 18.57 |
| Sempra (SRE)vs › | $54.19B | 16.21 |
| Entergy Corporation (ETR)vs › | $48.82B | 23.79 |
| Xcel Energy Inc. (XEL)vs › | $47.66B | 18.54 |
| PG&E Corporation (PCG)vs › | $47.17B | 10.65 |
| Vistra Corp. (VST)vs › | $45.93B | 15.38 |
| Exelon Corporation (EXC)vs › | $45.10B | 15.32 |
| Consolidated Edison, Inc. (ED)vs › | $39.19B | 17.43 |
| Duke Energy Corporation (DUK)vs › | $93.43B | 17.86 |
Trailing P/E
20.9
reported TTM EPS
Forward P/E
19.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.38 implies +10.4% EPS growth vs the reported trailing $5.78.
At today's $120.94 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.
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
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-31 | $6.38 | $6.26 – $6.56 | 11 | 19.0x |
| 2027-12-31 | $6.86 | $6.78 – $7.06 | 13 | 17.6x |
| 2028-12-31 | $7.59 | $7.51 – $7.73 | 6 | 15.9x |
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.
