SO Southern PE ratio, current and historical analysis
The PE ratio for Southern stock stands at 20.45 as of Nov 21, 2024. This is based on the current EPS of $4.31 and the stock price of $88.14 per share. An increase of 6% has been recorded in the PE ratio compared to the average of 19.3 of the last four quarters.
SO PE ratio history
Over the last ten years, the average PE ratio of Southern has been 24.72. The current 20.45 P/E ratio is 17% lower than the historical average. In the past ten years, SO's PE ratio peaked in the Sep 2017 quarter at 94.5, with a price of $49.14 and an EPS of $0.52. The Jun 2019 quarter marked the lowest point at 12.95, with a price of $55.28 and an EPS of $4.27.
Southern PE ratio by year
Maximum annual increase: 199.11% in 2017
Maximum annual decrease: -64.8% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.26 | -11.53% |
| 2022 | 21.77 | -28.27% |
| 2021 | 30.35 | 45.77% |
| 2020 | 20.82 | 48.08% |
| 2019 | 14.06 | -30.22% |
| 2018 | 20.15 | -64.8% |
| 2017 | 57.25 | 199.11% |
| 2016 | 19.14 | 6.33% |
| 2015 | 18 | -19.71% |
| 2014 | 22.42 | 2.51% |
SO average PE ratio chart
The current PE ratio of SO is lower than the 3, 5 and 10-year averages.
SO PE vs peers
In comparison to its peers NEE and DUK, SO's PE ratio is lower, but it is higher than AEP's and ETR's. Southern's PE ratio is trading below the peer group average of 23.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ETR Entergy Corp | 18.35 | $32.49B |
| AEP American Electric Power Co Inc | 19.66 | $52.23B |
| SO Southern Co | 20.45 | $96.57B |
| D Dominion Energy Inc | 20.77 | $49.03B |
| DUK Duke Energy CORP | 21.11 | $88.73B |
| NEE Nextera Energy Inc | 22.82 | $159.08B |
| NRG Nrg Energy Inc | 23.86 | $19.63B |
| FE Firstenergy Corp | 27.23 | $24.32B |
| PPL PPL Corp | 31.12 | $25.72B |
Frequently asked questions
What is Southern's PE ratio?
As of Nov 21, 2024, SO stock has a price to earnings ratio of 20.45.
What is the 3-year average PE ratio for Southern (SO)?
As an average over the last 3 years, SO stock has a PE ratio of 23.35.
What is the 5-year average PE ratio for Southern (SO)?
As an average over the last 5 years, SO stock has a PE ratio of 21.4.
What is the highest PE ratio for SO?
Over the last ten years, the quarterly PE ratio reached a historic high of 94.5 in the Sep 2017 quarter.
How does the current PE ratio for SO compare to its historical average?
SO's current price to earnings ratio is 17% below its 10-year historical average.
How is SO's PE ratio calculated (Southern PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Southern's stock price is $88.14. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.31. Therefore, Southern's PE ratio for today is 20.45. PE RATIO(20.45) = STOCK PRICE($88.14) / TTM EPS($4.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.