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American Electric Power Co (STU:AEP) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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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 Mar. 2024 is calculated as:

For example, American Electric Power Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.616/131.7762*131.7762
=-0.616

Current CPI (Mar. 2024) = 131.7762.

American Electric Power Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.119 100.560 0.156
201409 0.719 100.428 0.943
201412 -0.566 99.070 -0.753
201503 0.243 99.621 0.321
201506 -0.289 100.684 -0.378
201509 1.116 100.392 1.465
201512 -0.685 99.792 -0.905
201603 -0.821 100.470 -1.077
201606 -0.349 101.688 -0.452
201609 0.988 101.861 1.278
201612 -0.567 101.863 -0.734
201703 -1.069 102.862 -1.369
201706 -0.487 103.349 -0.621
201709 0.179 104.136 0.227
201712 -1.374 104.011 -1.741
201803 -1.854 105.290 -2.320
201806 -0.197 106.317 -0.244
201809 0.796 106.507 0.985
201812 -0.626 105.998 -0.778
201903 -1.413 107.251 -1.736
201906 -0.769 108.070 -0.938
201909 0.260 108.329 0.316
201912 -1.444 108.420 -1.755
202003 -2.147 108.902 -2.598
202006 -0.639 108.767 -0.774
202009 -0.512 109.815 -0.614
202012 -1.067 109.897 -1.279
202103 -2.809 111.754 -3.312
202106 -0.229 114.631 -0.263
202109 1.060 115.734 1.207
202112 -1.308 117.630 -1.465
202203 -0.171 121.301 -0.186
202206 -0.220 125.017 -0.232
202209 0.211 125.227 0.222
202212 -2.521 125.222 -2.653
202303 -2.489 127.348 -2.576
202306 -1.552 128.729 -1.589
202309 0.161 129.860 0.163
202312 -0.595 129.419 -0.606
202403 -0.616 131.776 -0.616

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  (STU:AEP) 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 (STU:AEP) 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 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.