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American Electric Power Co (American Electric Power Co) Cyclically Adjusted PS Ratio : 2.20 (As of Apr. 30, 2024)


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What is American Electric Power Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), American Electric Power Co's current share price is $87.20. American Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $39.65. American Electric Power Co's Cyclically Adjusted PS Ratio for today is 2.20.

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

AEP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.07   Max: 3.01
Current: 2.19

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.

AEP's Cyclically Adjusted PS Ratio is ranked worse than
71.2% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.26 vs AEP: 2.19

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 Dec. 2023 was $8.678. 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 $39.65 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.45 2.32 2.13 1.89 2.05

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
=87.20/39.65
=2.20

* 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 Dec. 2023 is calculated as:

For example, American Electric Power Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.678/129.4194*129.4194
=8.678

Current CPI (Dec. 2023) = 129.4194.

American Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.519 99.695 12.357
201406 8.278 100.560 10.654
201409 8.510 100.428 10.967
201412 7.798 99.070 10.187
201503 9.349 99.621 12.145
201506 7.802 100.684 10.029
201509 9.029 100.392 11.640
201512 7.361 99.792 9.546
201603 8.233 100.470 10.605
201606 7.918 101.688 10.077
201609 9.459 101.861 12.018
201612 7.706 101.863 9.791
201703 7.994 102.862 10.058
201706 7.260 103.349 9.091
201709 8.326 104.136 10.348
201712 7.727 104.011 9.615
201803 8.209 105.290 10.090
201806 8.132 106.317 9.899
201809 8.773 106.507 10.660
201812 7.688 105.998 9.387
201903 8.204 107.251 9.900
201906 7.214 108.070 8.639
201909 8.709 108.329 10.405
201912 7.292 108.420 8.704
202003 7.546 108.902 8.968
202006 7.025 108.767 8.359
202009 8.174 109.815 9.633
202012 7.248 109.897 8.536
202103 8.594 111.754 9.952
202106 7.638 114.631 8.623
202109 9.198 115.734 10.286
202112 8.037 117.630 8.843
202203 9.047 121.301 9.652
202206 9.006 125.017 9.323
202209 10.724 125.227 11.083
202212 9.463 125.222 9.780
202303 9.098 127.348 9.246
202306 8.470 128.729 8.515
202309 10.244 129.860 10.209
202312 8.678 129.419 8.678

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  (NAS: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 (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.
Executives
Daniel G. Stoddard director 5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Kate Sturgess officer: Controller, CAO 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Antonio P Smyth officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
David Matthew Feinberg officer: Senior Vice President C/O ALLEGHENY ENERGY, INC., 800 CABIN HILL DRIVE, GREENSBURG PA 15601
Christian T Beam officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Nicholas K Akins officer: Executive Vice President AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Ann P Kelly officer: Executive Vice President & CFO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Greg B Hall officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Peggy Simmons officer: Executive Vice President 212 E 6TH ST, TULSA OK 74119
Raja Sundararajan officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Donna James director ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215
Therace Risch officer: Senior Vice President 6501 LEGACY DRIVE, PLANO TX 75024
Charles E Zebula officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Lisa M Barton officer: Executive Vice President AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Paul Iii Chodak officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215