The PE ratio for Southern stock stands at 21.05 as of Jul 25, 2024. This is based on the current EPS of $3.88 and the stock price of $81.66 per share. A decrease of 2.2% has been recorded in the PE ratio compared to the average of 21.5 of the last four quarters.
Over the last ten years, the average PE ratio of Southern has been 24.83. The current 21.05 P/E ratio is 15% 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.
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% |
The current PE ratio of SO is lower than the 3, 5 and 10-year averages.
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 current PE ratio of 21.05 is similar to the average of its peer group, which is 20.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRG Nrg Energy Inc | 10.44 | $15.37B |
| ETR Entergy Corp | 11.34 | $24.26B |
| AEP American Electric Power Co Inc | 17.89 | $50.84B |
| SO Southern Co | 21.18 | $89.85B |
| FE Firstenergy Corp | 22.13 | $23.56B |
| NEE Nextera Energy Inc | 24.03 | $152.63B |
| DUK Duke Energy CORP | 27.14 | $83.37B |
| D Dominion Energy Inc | 27.74 | $44.17B |
| PPL PPL Corp | 28.58 | $21.72B |
As of Jul 25, 2024, SO stock has a price to earnings ratio of 21.05.
As an average over the last 3 years, SO stock has a PE ratio of 23.88.
As an average over the last 5 years, SO stock has a PE ratio of 21.19.
Over the last ten years, the quarterly PE ratio reached a historic high of 94.5 in the Sep 2017 quarter.
SO's current price to earnings ratio is 15% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Southern's stock price is $81.66. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.88. Therefore, Southern's PE ratio for today is 21.05. PE RATIO(21.05) = STOCK PRICE($81.66) / TTM EPS($3.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.