The PE ratio for Southern stock stands at 19.55 as of May 3, 2024. This is based on the current EPS of $3.88 and the stock price of $75.85 per share. A decrease of 9% 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 24.66. The current 19.55 P/E ratio is 21% 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 DUK and D, SO's PE ratio is lower, but it is higher than NEE's and AEP's. Southern's PE ratio is trading below the peer group average of 21.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ETR Entergy Corp | 10.79 | $23.08B |
| AEP American Electric Power Co Inc | 16.44 | $46.7B |
| NEE Nextera Energy Inc | 19.06 | $144.1B |
| SO Southern Co | 19.55 | $82.94B |
| FE Firstenergy Corp | 21.21 | $22.58B |
| D Dominion Energy Inc | 27.05 | $43.08B |
| PPL PPL Corp | 27.27 | $20.72B |
| DUK Duke Energy CORP | 28.32 | $77.28B |
| NRG Nrg Energy Inc | N/A | $15.94B |
As of May 3, 2024, SO stock has a price to earnings ratio of 19.55.
As an average over the last 3 years, SO stock has a PE ratio of 23.59.
As an average over the last 5 years, SO stock has a PE ratio of 20.78.
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 21% 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 (May 3, 2024), Southern's stock price is $75.85. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.88. Therefore, Southern's PE ratio for today is 19.55. PE RATIO(19.55) = STOCK PRICE($75.85) / TTM EPS($3.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.