PPL PPL PE ratio, current and historical analysis
As of Feb 21, 2025, the PPL stock's PE ratio is 28.93. This results from the current EPS of $1.2 and stock price of $34.72. The P/E ratio has increased by 8% from the past four quarters average of 26.9.
PPL PE ratio history
The PE ratio of PPL has averaged 20.11 over the last ten years. The current PE ratio of 28.93 is 44% above the historical average. Over the past ten years, PPL's PE ratio was at its highest in the Mar 2016 quarter at 50.76, when the stock price was $38.07 and the EPS was $0.75. The lowest value was in the Mar 2020 quarter, when it reached 9.99 with a price of $24.68 and an EPS of $2.47.
PPL PE ratio by year
Maximum annual increase: 145.57% in 2015
Maximum annual decrease: -64.01% in 2016
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 27.05 | -0.18% | $32.46 | $1.2 |
| 2023 | 27.1 | -4.48% | $27.1 | $1 |
| 2022 | 28.37 | N/A | $29.22 | $1.03 |
| 2021 | N/A | N/A | $30.06 | -$1.93 |
| 2020 | 14.76 | -1.67% | $28.2 | $1.91 |
| 2019 | 15.01 | 37.2% | $35.88 | $2.39 |
| 2018 | 10.94 | -42.02% | $28.33 | $2.59 |
| 2017 | 18.87 | 55.18% | $30.95 | $1.64 |
| 2016 | 12.16 | -64.01% | $34.05 | $2.8 |
| 2015 | 33.79 | 145.57% | $34.13 | $1.01 |
| 2014 | 13.76 | -15.38% | $36.33 | $2.64 |
| 2013 | 16.26 | 48.22% | $30.09 | $1.85 |
| 2012 | 10.97 | 1.01% | $28.63 | $2.61 |
| 2011 | 10.86 | -10.47% | $29.42 | $2.71 |
| 2010 | 12.13 | -59.46% | $26.32 | $2.17 |
PPL PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 27.05 | -8.43% | $32.46 | $1.2 |
| Sep 2024 | 29.54 | 21.81% | $33.08 | $1.12 |
| Jun 2024 | 24.25 | -9.28% | $27.65 | $1.14 |
| Mar 2024 | 26.73 | -1.37% | $27.53 | $1.03 |
| Dec 2023 | 27.1 | 27.65% | $27.1 | $1 |
| Sep 2023 | 21.23 | -16.55% | $23.56 | $1.11 |
| Jun 2023 | 25.44 | -3.89% | $26.46 | $1.04 |
| Mar 2023 | 26.47 | -6.7% | $27.79 | $1.05 |
| Dec 2022 | 28.37 | 5.19% | $29.22 | $1.03 |
| Sep 2022 | 26.97 | -3.58% | $25.35 | $0.94 |
| Jun 2022 | 27.97 | -17.74% | $27.13 | $0.97 |
| Mar 2022 | 34 | N/A | $28.56 | $0.84 |
| Dec 2021 | N/A | N/A | $30.06 | -$1.93 |
| Sep 2021 | N/A | N/A | $27.88 | -$1.71 |
| Jun 2021 | N/A | N/A | $27.97 | -$1.61 |
PPL average PE ratio chart
Currently, PPL's PE ratio is above the 3, 5 and 10-year historical averages.
PPL PE vs peers
Compared to its peer ETR, PPL's PE ratio stands lower, however it is higher than NEE's and SO's. PPL's current PE ratio of 28.93 is above the average of its peers, which is 20.33.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AES Aes Corp | 7.25 | $7.53B |
| POR Portland General Electric Co | 14.69 | $4.85B |
| EXC Exelon Corp | 17.71 | $43.62B |
| ED Consolidated Edison Inc | 18.68 | $34.07B |
| AEP American Electric Power Co Inc | 18.81 | $56.13B |
| NEE Nextera Energy Inc | 21.18 | $147.24B |
| DUK Duke Energy CORP | 21.24 | $89.26B |
| SO Southern Co | 21.99 | $96.96B |
| FE Firstenergy Corp | 27.28 | $24.37B |
| PPL PPL Corp | 28.93 | $25.62B |
| ETR Entergy Corp | 34.45 | $36.62B |
Frequently asked questions
What is PPL's PE ratio?
The price to earnings ratio for PPL stock is 28.93 as of Feb 21, 2025.
What is the 3-year average PE ratio for PPL (PPL)?
As an average over the last 3 years, PPL stock has a PE ratio of 27.09.
What is the 5-year average PE ratio for PPL (PPL)?
As an average over the last 5 years, PPL stock has a PE ratio of 23.41.
What is the highest PE ratio for PPL?
Over the last ten years, the quarterly PE ratio reached a historic high of 50.76 in the Mar 2016 quarter.
How does the current PE ratio for PPL compare to its historical average?
PPL's price to earnings ratio is currently 44% above its 10-year historical average.
How is PPL's PE ratio calculated (PPL PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 21, 2025), PPL's stock price is $34.72. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.2. Therefore, PPL's P/E ratio for today is 28.93. PE RATIO(28.93) = STOCK PRICE($34.72) / TTM EPS($1.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.