Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 19.51.
Forward PE Ratio (19.51) = Close Price ($125.42) / Consensus Forward EPS ($6.38)
FORWARD PE RATIO
19.51
SECTOR MEDIAN · UTILITIES
17.69
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+10.29%
vs the sector median at left
American Electric Power Company, Inc.
Market Cap
$68.28B
Forward PE Ratio
19.51
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| American Electric Power Company, Inc. (AEP) | $68.28B | 19.51 |
| Dominion Energy, Inc. (D)vs › | $58.24B | 18.36 |
| Sempra (SRE)vs › | $55.90B | 16.43 |
| Vistra Corp. (VST)vs › | $51.16B | 17.34 |
| Entergy Corporation (ETR)vs › | $50.64B | 24.38 |
| Xcel Energy Inc. (XEL)vs › | $48.02B | 18.40 |
| Exelon Corporation (EXC)vs › | $45.28B | 15.27 |
| Duke Energy Corporation (DUK)vs › | $94.52B | 17.91 |
| Consolidated Edison, Inc. (ED)vs › | $39.90B | 17.58 |
| PG&E Corporation (PCG)vs › | $39.72B | 8.65 |
Trailing P/E
21.5
reported TTM EPS
Forward P/E
19.5
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 $125.42 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 | $6.38 | $6.29 – $6.54 | 11 | 19.7x |
| 2027-12-31 | $6.86 | $6.77 – $7.05 | 12 | 18.3x |
| 2028-12-31 | $7.59 | $7.51 – $7.73 | 6 | 16.5x |
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.
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
