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American Electric Power Co (FRA:AEP) Cyclically Adjusted PS Ratio : 2.31 (As of May. 06, 2024)


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What is American Electric Power Co Cyclically Adjusted PS Ratio?

As of today (2024-05-06), American Electric Power Co's current share price is €82.50. American Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €35.77. American Electric Power Co's Cyclically Adjusted PS Ratio for today is 2.31.

The historical rank and industry rank for American Electric Power Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:AEP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.07   Max: 3.01
Current: 2.25

During the past years, American Electric Power Co's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 1.18. And the median was 2.07.

FRA:AEP's Cyclically Adjusted PS Ratio is ranked worse than
72.3% of 444 companies
in the Utilities - Regulated industry
Industry Median: 1.26 vs FRA:AEP: 2.25

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

American Electric Power Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.764. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €35.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Electric Power Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American Electric Power Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Electric Power Co Cyclically Adjusted PS Ratio Chart

American Electric Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 2.42 2.44 2.45 2.05

American Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.32 2.13 1.89 2.05 2.19

Competitive Comparison of American Electric Power Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, American Electric Power Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Electric Power Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American Electric Power Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where American Electric Power Co's Cyclically Adjusted PS Ratio falls into.



American Electric Power Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

American Electric Power Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=82.50/35.77
=2.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American Electric Power Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=8.764/129.4194*129.4194
=8.764

Current CPI (Mar. 2024) = 129.4194.

American Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.092 100.560 7.840
201409 6.604 100.428 8.510
201412 6.324 99.070 8.261
201503 8.638 99.621 11.222
201506 6.951 100.684 8.935
201509 8.045 100.392 10.371
201512 6.757 99.792 8.763
201603 7.393 100.470 9.523
201606 7.047 101.688 8.969
201609 8.428 101.861 10.708
201612 7.305 101.863 9.281
201703 7.474 102.862 9.404
201706 6.461 103.349 8.091
201709 6.986 104.136 8.682
201712 6.529 104.011 8.124
201803 6.658 105.290 8.184
201806 6.961 106.317 8.474
201809 7.518 106.507 9.135
201812 6.757 105.998 8.250
201903 7.261 107.251 8.762
201906 6.384 108.070 7.645
201909 7.908 108.329 9.448
201912 6.563 108.420 7.834
202003 6.829 108.902 8.116
202006 6.239 108.767 7.424
202009 6.940 109.815 8.179
202012 5.958 109.897 7.016
202103 7.219 111.754 8.360
202106 6.340 114.631 7.158
202109 7.818 115.734 8.742
202112 7.113 117.630 7.826
202203 8.214 121.301 8.764
202206 8.520 125.017 8.820
202209 10.831 125.227 11.194
202212 8.933 125.222 9.232
202303 8.498 127.348 8.636
202306 7.818 128.729 7.860
202309 9.599 129.860 9.566
202312 7.957 129.419 7.957
202403 8.764 129.419 8.764

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


American Electric Power Co  (FRA:AEP) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


American Electric Power Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of American Electric Power Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


American Electric Power Co (FRA:AEP) Business Description

Traded in Other Exchanges
Address
1 Riverside Plaza, Columbus, OH, USA, 43215-2373
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.