AEP (American Electric Power Co) E10: $5.12 (As of Mar. 2026)


AEP American Electric Power Co Inc AEP
78 GF Score
Price $134.77
GF Value $110.98
Valuation Modestly Overvalued
! 10 Warning Signs
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What is American Electric Power Co E10?

American Electric Power Co AEP +0.77% 78 E10 is $5.12 as of Mar. 2026. GuruFocus rates AEP with a GF Score™ of 78/100 and a GF Value™ of $110.98 (Modestly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

American Electric Power Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $1.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, American Electric Power Co's average E10 Growth Rate was 6.20% per year. During the past 3 years, the average E10 Growth Rate was 4.70% per year. During the past 5 years, the average E10 Growth Rate was 6.10% per year. During the past 10 years, the average E10 Growth Rate was 4.80% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of American Electric Power Co was 9.70% per year. The lowest was -5.80% per year. And the median was 0.90% per year.

As of today (2026-06-24), American Electric Power Co's current stock price is $134.77. American Electric Power Co's E10 for the quarter that ended in Mar. 2026 was $5.12. American Electric Power Co's Shiller PE Ratio of today is 26.32.

During the past 13 years, the highest Shiller PE Ratio of American Electric Power Co was 29.61. The lowest was 15.76. And the median was 21.84.


American Electric Power Co  (NAS:AEP) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

American Electric Power Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=134.77/5.12
=26.32

* 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 Shiller P/E Ratio of American Electric Power Co was 29.61. The lowest was 15.76. And the median was 21.84.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


American Electric Power Co E10 Related Terms


American Electric Power Co E10 Historical Data

* Premium members only.

The historical data trend for American Electric Power Co's E10 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.

American Electric Power Co E10 Chart

American Electric Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 4.36 4.53 4.78 5.00

American Electric Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 4.82 4.97 5.04 5.00 5.12

AEP vs D, ETR, XEL: E10 Comparison

For the Utilities - Regulated Electric subindustry, American Electric Power Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where American Electric Power Co's Shiller PE Ratio falls into.


AEP
78GF Score
American Electric Power Co Inc AEP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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American Electric Power Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.6/330.2130*330.2130
=1.600

Current CPI (Mar. 2026) = 330.2130.

American Electric Power Co Quarterly Data

per share eps CPI Adj_EPS
201606 1.020 241.018 1.397
201609 -1.560 241.428 -2.134
201612 0.760 241.432 1.039
201703 1.200 243.801 1.625
201706 0.760 244.955 1.025
201709 1.100 246.819 1.472
201712 0.810 246.524 1.085
201803 0.920 249.554 1.217
201806 1.070 251.989 1.402
201809 1.170 252.439 1.530
201812 0.730 251.233 0.959
201903 1.160 254.202 1.507
201906 0.930 256.143 1.199
201909 1.480 256.759 1.903
201912 0.310 256.974 0.398
202003 1.000 258.115 1.279
202006 1.050 257.797 1.345
202009 1.500 260.280 1.903
202012 0.870 260.474 1.103
202103 1.150 264.877 1.434
202106 1.150 271.696 1.398
202109 1.580 274.310 1.902
202112 1.070 278.802 1.267
202203 1.410 287.504 1.619
202206 1.020 296.311 1.137
202209 1.330 296.808 1.480
202212 0.740 296.797 0.823
202303 0.770 301.836 0.842
202306 1.010 305.109 1.093
202309 1.830 307.789 1.963
202312 0.620 306.746 0.667
202403 1.900 312.332 2.009
202406 0.640 314.175 0.673
202409 1.800 315.301 1.885
202412 1.240 315.605 1.297
202503 1.500 319.799 1.549
202506 2.290 322.561 2.344
202509 1.810 324.800 1.840
202512 1.070 324.054 1.090
202603 1.600 330.213 1.600

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $5.12 mean?
American Electric Power Co (AEP) has a E10 of $5.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on American Electric Power Co and its competitors.
Is American Electric Power Co's E10 too high?
American Electric Power Co's current E10 is $5.12. Overall, American Electric Power Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Electric Power Co's E10 compare to D and ETR?
American Electric Power Co's E10 of $5.12 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on American Electric Power Co and its competitors. American Electric Power Co's current E10 is $5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, American Electric Power Co (AEP) is currently considered Modestly Overvalued. The stock's GF Value™ is $110.98, compared to a current price of $134.77 — trading 21.4% above its estimated fair value. The current E10 is $5.12. American Electric Power Co's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For American Electric Power Co (AEP), the current E10 is $5.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Electric Power Co (AEP) Overvalued in 2026?

Based on GuruFocus' analysis, American Electric Power Co stock appears to be overvalued. The current stock price of $134.77 is trading 21.4% above its estimated GF Value™ of $110.98. GuruFocus considers American Electric Power Co to be Modestly Overvalued.

Key valuation signals for AEP:

  • E10: $5.12
  • GF Value™: $110.98 vs. price of $134.77 (21.4% above fair value)
  • GF Score™: 78/100 with 10 warning signs

No single metric tells the full story. See the AEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Electric Power Co Business Description

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 39% of AEP's capacity is coal, with the remainder from a mix of natural gas (28%), renewable energy and hydro (23%), nuclear (7%), and demand response (3%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
78GF Score

Get the complete analysis for AEP

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$134.77
Price
$110.98
GF Value