American Electric Power Company, Inc.AEP

Where AEP's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$124.50-0.21 (-0.17%)Previous close
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AEP P/B: current value, 10-year range and year-by-year history

2.1Above average

AEP's p/b is higher than 65% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
AEP P/B historyAEP P/B from Sep 2023 to Sep 2026: low 1.47, high 2.3, latest 2.06.1.41.641.882.132.37Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 1.96

AEP P/B by year

Yearly range of AEP’s p/b from 2016 to 2026. Over the full period it ranged from 1.5 to 2.6, averaging 2.0.

AEP P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.82.12.32.1
20251.82.02.11.9
20241.61.82.11.8
20231.51.82.11.7
20221.72.02.22.0
20211.82.02.12.0
20201.72.12.62.0
20191.92.22.42.4
20181.71.92.11.9
20171.81.92.12.0
20161.61.71.81.8

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
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How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is AEP P/B High or Low Right Now?

American Electric Power Company, Inc.'s P/B is currently 2.1, which is above average relative to its 10-year historical range. The 10-year median P/B for AEP is approximately 2.0. See all AEP valuation metrics →

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