Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AmerenAEE +0.79%79 EV-to-EBITDA is 12.18 as of Aug. 03, 2026, which is 4% above its 10-year median of 11.68. GuruFocus rates AEE with a GF Score™ of 79/100 and a GF Value™ of $102.96 (Fairly Valued). The stock has 10 warning signs investors should review. Among 468 Utilities - Regulated companies, Ameren ranks worse than 64.96% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ameren's enterprise value is $52,260 Mil.
Ameren's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $4,289 Mil. Therefore, Ameren's EV-to-EBITDA for today is 12.18.
The historical rank and industry rank for Ameren's EV-to-EBITDA or its related term are showing as below:
AEE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.28 Med: 11.68 Max: 13.63
Current: 12.18
During the past 13 years, the highest EV-to-EBITDA of Ameren was 13.63. The lowest was 8.28. And the median was 11.68.
AEE's EV-to-EBITDA is ranked worse than 64.96% of 468
companies
in the Utilities - Regulated industry
Industry Median: 9.94
vs AEE: 12.18
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-03), Ameren's stock price is $109.61.
Ameren's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $5.680. Therefore, Ameren's PE Ratio (TTM) for today is 19.30.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ameren's share price for today is $109.61.
Ameren's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.680.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Ameren's EV-to-EBITDA 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.
For the Utilities - Regulated Electric subindustry, Ameren's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Ameren EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ameren's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ameren's EV-to-EBITDA falls into.
Ameren's current Enterprise Value is $52,260 Mil.
Ameren's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,289 Mil.
* 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.
Ameren (AEE) has a EV-to-EBITDA of 12.18 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ameren. This is near median its historical median of 11.68. Over the past decade, Ameren's EV-to-EBITDA has ranged from 8.28 to 13.63. According to the industry distribution chart, Ameren ranks #304 out of 468 companies in the Utilities - Regulated industry, placing it in the top 65%.
Is Ameren's EV-to-EBITDA too high?
Ameren's current EV-to-EBITDA of 12.18 is near median its 10-year median of 11.68. Over the past 10 years, this metric has ranged from a low of 8.28 to a high of 13.63. The Utilities - Regulated industry median EV-to-EBITDA is 9.94. Ameren's value of 12.18 is 22.5% above this industry median. Based on the distribution chart, Ameren ranks #304 out of 468 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Ameren has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ameren's EV-to-EBITDA compare to DTE and EIX?
According to the Utilities - Regulated industry distribution chart, Ameren ranks #304 out of 468 companies for EV-to-EBITDA. This places Ameren in the lower half of its industry. The industry median EV-to-EBITDA is 9.94. Ameren's value of 12.18 is 22.5% above this benchmark. Historically, Ameren's own EV-to-EBITDA has ranged from 8.28 to 13.63 over the past decade. While the company's 10-year median is 11.68 vs. the industry median of 9.94, Ameren has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.94, based on 468 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ameren's current EV-to-EBITDA of 12.18 is 22.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ameren. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ameren's current EV-to-EBITDA is 12.18, which is near median its own 10-year median of 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ameren stock overvalued right now?
Based on GuruFocus' analysis, Ameren (AEE) is currently considered Fairly Valued. The stock's GF Value™ is $102.96, compared to a current price of $109.61 — trading 6.5% above its estimated fair value. The current EV-to-EBITDA is 12.18, which is near median its 10-year median of 11.68 and 22.5% above the Utilities - Regulated industry median of 9.94. Ameren's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ameren (AEE), the current EV-to-EBITDA is 12.18 as of Aug. 03, 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 Ameren (AEE) Overvalued in 2026?
Based on GuruFocus' analysis, Ameren stock appears to be overvalued.
The current stock price of $109.61 is trading 6.5% above its estimated GF Value™ of $102.96.
GuruFocus considers Ameren to be Fairly Valued.
Key valuation signals for AEE:
EV-to-EBITDA: 12.18 (near median its 10-year median of 11.68)
GF Value™: $102.96 vs. price of $109.61 (6.5% above fair value)
Industry Position: 22.5% above the Utilities - Regulated median (#304 of 468)
No single metric tells the full story. See the AEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas through the company's two main subsidiaries, Ameren Missouri and Ameren Illinois. It serves 2.5 million electricity customers and 900,000 natural gas customers across its two service territories.
79GF Score
Get the complete analysis for AEE
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AEE has been successfully added to your 
