AEP Seen as About 12% Overvalued After Icahn Cuts Stake
A valuation analysis of American Electric Power (AEP) suggests the stock may be overvalued versus a stated fair value of $113. The article notes AEP’s 21.9x P/E is slightly above the US electric utilities average of 20.8x, but below peer and other benchmark comparisons, framing the view as a potential value opportunity rather than advice.