American Electric Power (AEP)
NASDAQUtilitiesRegulated ElectricSnapshot 2026-09-04
NASDAQUtilitiesRegulated ElectricSnapshot 2026-09-04
QuarterlyIQ Insights · AEP
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $124 AEP trades at 2.1× p/b, in line with its 2.0× p/b peer median — but our blended $112 fair value sits below the price. We hold it with medium confidence: our number sits below the analyst range. Analysts target $129–$147. Note: our $112 fair value sits below the entire analyst range ($129–$147). Even valued only for durable growth at sustainable margins, it's worth about $134 — above today's price, so the premium reflects that growth case, not pure multiple expansion. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $138.00 | — | — | Analyst | high |
| ddm gordon | 12M | $60.80 | — | — | TTM | high |
| graham number | 12M | $90.27 | — | — | TTM | high |
| Peer P/B | 12M | $118.33 | 2.0 | 60.46 | TTM | high |
| Peer P/E | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$129.00 – $147.00 (median $138.50) · 8 analysts · as of 2026-08-21
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Roughly priced in line with peers.
Around its own typical valuation.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $118.09 |
| 17.6 |
| 6.71 |
| ntm analyst |
| high |
| Peer P/S | 12M | $120.45 | 2.9 | 41.39 | TTM | high |
| PEG | 12M | $255.57 | 42.7 | 5.99 | TTM | high |
| residual income | 12M | $62.94 | — | — | TTM | high |
| Own P/E history | 12M | $125.23 | 20.9 | 5.99 | TTM | high |
| triangulated | 12M | $144.10 | 23.1 | 6.25 | Triangulated | high |
| Peer P/B | 3Y | $163.29 | 2.0 | 83.43 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $135.31 | 17.6 | 7.69 | Analyst | medium |
| Peer P/S | 3Y | $146.90 | 2.9 | 50.48 | Analyst | medium |
| PEG | 3Y | $327.94 | 42.7 | 7.69 | Analyst | medium |
| Own P/E history | 3Y | $160.69 | 20.9 | 7.69 | Analyst | medium |
| Peer P/B | 5Y | $202.40 | 2.0 | 103.40 | Hist. CAGR(prov.) | high |
| Peer P/E | 5Y | $153.96 | 17.6 | 8.75 | Analyst | high |
| Peer P/S | 5Y | $167.15 | 2.9 | 57.44 | Analyst | high |
| PEG | 5Y | $373.16 | 42.7 | 8.75 | Analyst | high |
| Own P/E history | 5Y | $182.85 | 20.9 | 8.75 | Analyst | high |