Based on the most recent data from Jul 31, 2026, PPL's PEG ratio comes in at 1. This metric factors in a PE of 21.47 with an earnings growth rate of 21.5%. No notable movement has occurred in the PEG ratio compared to its past four-quarter average.
Looking at the last ten years, PPL's PEG ratio has has been around 2.27 on average. At 1.0, today's PE to growth ratio sits 56% below its historical average. Within the last ten years, the Sep 2024 quarter recorded the highest PEG value at 32.82. At 0.05, the Mar 2017 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.66 | 21.89 | 33.3% |
| 2024 | 1.35 | 27.05 | 20% |
| 2023 | N/A | 27.1 | -2.9% |
| 2022 | 0.18 | 28.37 | 153.4% |
| 2021 | N/A | N/A | -201% |
| 2020 | N/A | 14.76 | -20.1% |
| 2019 | N/A | 15.01 | -7.7% |
| 2018 | 0.19 | 10.94 | 57.9% |
| 2017 | N/A | 18.87 | -41.4% |
| 2016 | 0.07 | 12.16 | 177.2% |
| 2015 | N/A | 33.79 | -61.7% |
| 2014 | 0.32 | 13.76 | 42.7% |
| 2013 | N/A | 16.26 | -29.1% |
| 2012 | N/A | 10.97 | -3.7% |
| 2011 | 0.44 | 10.86 | 24.9% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.08 | 23.29 | 21.5% |
| Dec 2025 | 0.66 | 21.89 | 33.3% |
| Sep 2025 | 0.78 | 25.11 | 32.1% |
| Jun 2025 | 1.45 | 25.29 | 17.5% |
| Mar 2025 | 0.86 | 26.75 | 31.1% |
| Dec 2024 | 1.35 | 27.05 | 20% |
| Sep 2024 | 32.82 | 29.54 | 0.9% |
| Jun 2024 | 2.53 | 24.25 | 9.6% |
| Mar 2024 | N/A | 26.73 | -1.9% |
| Dec 2023 | N/A | 27.1 | -2.9% |
| Sep 2023 | 1.17 | 21.23 | 18.1% |
| Jun 2023 | 3.53 | 25.44 | 7.2% |
| Mar 2023 | 1.06 | 26.47 | 25% |
| Dec 2022 | 0.18 | 28.37 | 153.4% |
| Sep 2022 | 0.17 | 26.97 | 155% |
When comparing to historical values, PPL's PEG ratio is below the 3, 5 and 10-year averages.
PPL's PEG of 1 is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 1.51, PPL's PEG is 34% lower.
Compared to its peers, PPL's PEG ratio is under SO's and DUK's but above NEE's. PPL's PEG ratio of 1.0 is below the peer average of 2.72.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| NEE NextEra Energy Inc | 0.35 | $180.27B |
| PPL PPL Corp | 1 | $26.62B |
| ED Consolidated Edison Inc | 1.86 | $39.97B |
| DUK Duke Energy Corp | 2.31 | $97.55B |
| SO Southern Company | 3.3 | $109.08B |
| EXC Exelon Corp | 3.63 | $47.36B |
| AES AES Corp | 4.92 | $10.49B |
| FE Firstenergy Corp | N/A | $28.24B |
| ETR Entergy Corp | N/A | $50.61B |
| AEP American Electric Power Company Inc | N/A | $69.87B |
| POR Portland General Electric Co | N/A | $5.93B |
PPL's Jul 31, 2026 PEG ratio comes in at 1.
PPL has a 3-year average PEG ratio of 4.74.
PPL has a 5-year average PEG ratio of 3.2.
In the last ten years, PPL's peak PEG ratio of 32.82 was recorded in the Sep 2024 quarter.
PPL currently has a PEG ratio 56% below its 10-year average.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Jul 31, 2026, PPL has a P/E ratio of 21.47. Earnings grew at 21.5% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 1. PEG RATIO(1) = PE RATIO(21.47) / EPS GROWTH(21.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.