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American Electric Power Co (BSP:A1EP34) Cyclically Adjusted Book per Share : R$141.62 (As of Mar. 2025)


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What is American Electric Power Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

American Electric Power Co's adjusted book value per share for the three months ended in Mar. 2025 was R$147.299. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$141.62 for the trailing ten years ended in Mar. 2025.

During the past 12 months, American Electric Power Co's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of American Electric Power Co was 7.20% per year. The lowest was -1.50% per year. And the median was 3.00% per year.

As of today (2025-06-02), American Electric Power Co's current stock price is R$294.04. American Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$141.62. American Electric Power Co's Cyclically Adjusted PB Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American Electric Power Co was 2.83. The lowest was 1.54. And the median was 2.09.


American Electric Power Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for American Electric Power Co's Cyclically Adjusted Book per Share 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 Book per Share Chart

American Electric Power Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.18 115.53 118.57 112.51 149.94

American Electric Power Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 117.42 130.19 132.89 149.94 141.62

Competitive Comparison of American Electric Power Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, American Electric Power Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 PB Ratio Distribution in the Utilities - Regulated Industry

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

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


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American Electric Power Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, American Electric Power Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=147.299/134.9266*134.9266
=147.299

Current CPI (Mar. 2025) = 134.9266.

American Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 55.295 100.684 74.101
201509 70.377 100.392 94.587
201512 70.699 99.792 95.590
201603 68.227 100.470 91.625
201606 64.011 101.688 84.934
201609 57.301 101.861 75.902
201612 59.333 101.863 78.592
201703 56.249 102.862 73.783
201706 59.712 103.349 77.957
201709 57.540 104.136 74.554
201712 61.235 104.011 79.436
201803 61.528 105.290 78.847
201806 71.615 106.317 90.887
201809 79.228 106.507 100.369
201812 74.907 105.998 95.350
201903 74.709 107.251 93.988
201906 75.198 108.070 93.886
201909 82.219 108.329 102.406
201912 81.531 108.420 101.464
202003 97.330 108.902 120.590
202006 104.641 108.767 129.808
202009 110.785 109.815 136.119
202012 106.451 109.897 130.696
202103 118.362 111.754 142.904
202106 107.456 114.631 126.481
202109 116.772 115.734 136.136
202112 125.798 117.630 144.296
202203 115.273 121.301 128.221
202206 118.192 125.017 127.561
202209 123.893 125.227 133.490
202212 121.949 125.222 131.400
202303 120.123 127.348 127.272
202306 112.598 128.729 118.019
202309 118.901 129.860 123.541
202312 117.548 129.419 122.550
202403 121.909 131.776 124.824
202406 132.310 132.554 134.678
202409 138.414 133.029 140.389
202412 154.233 133.157 156.283
202503 147.299 134.927 147.299

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


American Electric Power Co  (BSP:A1EP34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

American Electric Power Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=294.04/141.62
=2.08

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American Electric Power Co was 2.83. The lowest was 1.54. And the median was 2.09.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


American Electric Power Co Cyclically Adjusted Book per Share Related Terms

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


American Electric Power Co 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.

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