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American Electric Power Co (BSP:A1EP34) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is American Electric Power Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


American Electric Power Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Electric Power Co's Cyclically Adjusted Price-to-FCF 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.

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American Electric Power Co Cyclically Adjusted Price-to-FCF Chart

American Electric Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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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
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Competitive Comparison of American Electric Power Co's Cyclically Adjusted Price-to-FCF

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

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

* The bar in red indicates where American Electric Power Co's Cyclically Adjusted Price-to-FCF falls into.



American Electric Power Co Cyclically Adjusted Price-to-FCF Calculation

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

American Electric Power Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.588/129.4194*129.4194
=-1.588

Current CPI (Dec. 2023) = 129.4194.

American Electric Power Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.421 99.695 0.547
201406 0.181 100.560 0.233
201409 1.083 100.428 1.396
201412 -0.922 99.070 -1.204
201503 0.414 99.621 0.538
201506 -0.505 100.684 -0.649
201509 2.445 100.392 3.152
201512 -1.447 99.792 -1.877
201603 -1.690 100.470 -2.177
201606 -0.671 101.688 -0.854
201609 1.804 101.861 2.292
201612 -1.003 101.863 -1.274
201703 -1.788 102.862 -2.250
201706 -0.902 103.349 -1.130
201709 0.334 104.136 0.415
201712 -2.678 104.011 -3.332
201803 -3.748 105.290 -4.607
201806 -0.433 106.317 -0.527
201809 1.909 106.507 2.320
201812 -1.382 105.998 -1.687
201903 -3.066 107.251 -3.700
201906 -1.674 108.070 -2.005
201909 0.589 108.329 0.704
201912 -3.292 108.420 -3.930
202003 -5.797 108.902 -6.889
202006 -1.868 108.767 -2.223
202009 -1.629 109.815 -1.920
202012 -3.338 109.897 -3.931
202103 -9.422 111.754 -10.911
202106 -0.693 114.631 -0.782
202109 3.291 115.734 3.680
202112 -4.180 117.630 -4.599
202203 -0.468 121.301 -0.499
202206 -0.586 125.017 -0.607
202209 0.549 125.227 0.567
202212 -7.003 125.222 -7.238
202303 -6.940 127.348 -7.053
202306 -4.080 128.729 -4.102
202309 0.425 129.860 0.424
202312 -1.588 129.419 -1.588

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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  (BSP:A1EP34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


American Electric Power Co Cyclically Adjusted Price-to-FCF Related Terms

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American Electric Power Co (BSP:A1EP34) 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.

American Electric Power Co (BSP:A1EP34) Headlines

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