AES Corporation (AES) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
AES is a global power company that operates in 15 countries. Its generation portfolio totals over 32 gigawatts, including renewable energy, gas, coal, and oil. AES has majority ownership in and ope...
AES Corporation (AES) currently trades at a P/E ratio of 5.70 (historical range: 4.09–57.96, median: 9.16), placing it at the 23th percentile — below its historical average, P/S ratio of 0.82 (range: 0.56–1.67, 32th percentile — below its historical average), EV/EBITDA of 15.78 (range: 11.45–22.21, 33th percentile).
Over the historical period (2021-09-13 to 2026-10-16), AES Corporation's P/E ratio has contracted by 46% over the observed period (from an average of 29.7 to 16.2).
AES Corporation trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 5.70 | 9.16 | 23th | below its historical average |
| P/S Ratio | 0.82 | 0.96 | 32th | below its historical average |
| EV/EBITDA | 15.78 | 16.48 | 33th | below its historical average |
| FCF Yield | 3.94% | 3.79% | 92th | cheap relative to its history |
AES Corporation (AES) Valuation & P/E History
AES Corporation (AES) is a US-listed stock operating in the Utilities sector, specifically the Cogeneration Services & Small Power Producers industry currently trading at $14.93 with a market capitalization of $10.7 billion. This page provides historical valuation analysis for AES based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 5.70 is below the historical median of 9.16, placing AES at the 23th percentile of its valuation range. The P/S ratio of 0.82 compares to a median of 0.96.
AES Valuation Metrics & Historical Range
The valuation table above shows AES Corporation's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AES is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AES is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for AES Corporation.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is AES Overvalued or Undervalued?
AES Corporation trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 29 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AES is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AES analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AES trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.