SO Southern PE ratio, current and historical analysis
The PE ratio for Southern stock stands at 22.67 as of Mar 28, 2025. This is based on the current EPS of $4.02 and the stock price of $91.13 per share. An increase of 16% has been recorded in the PE ratio compared to the average of 19.6 of the last four quarters.
SO PE ratio history
Over the last ten years, the average PE ratio of Southern has been 24.67. The current 22.67 P/E ratio is 8% 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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 20.48 | 6.33% | $82.32 | $4.02 |
| 2023 | 19.26 | -11.53% | $70.12 | $3.64 |
| 2022 | 21.77 | -28.27% | $71.41 | $3.28 |
| 2021 | 30.35 | 45.77% | $68.58 | $2.26 |
| 2020 | 20.82 | 48.08% | $61.43 | $2.95 |
| 2019 | 14.06 | -30.22% | $63.7 | $4.53 |
| 2018 | 20.15 | -64.8% | $43.92 | $2.18 |
| 2017 | 57.25 | 199.11% | $48.09 | $0.84 |
| 2016 | 19.14 | 6.33% | $49.19 | $2.57 |
| 2015 | 18 | -19.71% | $46.79 | $2.6 |
| 2014 | 22.42 | 2.51% | $49.11 | $2.19 |
| 2013 | 21.87 | 37.89% | $41.11 | $1.88 |
| 2012 | 15.86 | -11.94% | $42.81 | $2.7 |
| 2011 | 18.01 | 11.66% | $46.29 | $2.57 |
| 2010 | 16.13 | 0.19% | $38.23 | $2.37 |
Southern PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 20.48 | -2.1% | $82.32 | $4.02 |
| Sep 2024 | 20.92 | 13.51% | $90.18 | $4.31 |
| Jun 2024 | 18.43 | -0.32% | $77.57 | $4.21 |
| Mar 2024 | 18.49 | -4% | $71.74 | $3.88 |
| Dec 2023 | 19.26 | -17.87% | $70.12 | $3.64 |
| Sep 2023 | 23.45 | -5.86% | $64.72 | $2.76 |
| Jun 2023 | 24.91 | 10.61% | $70.25 | $2.82 |
| Mar 2023 | 22.52 | 3.45% | $69.58 | $3.09 |
| Dec 2022 | 21.77 | 1.49% | $71.41 | $3.28 |
| Sep 2022 | 21.45 | -14.27% | $68 | $3.17 |
| Jun 2022 | 25.02 | -25.47% | $71.31 | $2.85 |
| Mar 2022 | 33.57 | 10.61% | $72.51 | $2.16 |
| Dec 2021 | 30.35 | 38.58% | $68.58 | $2.26 |
| Sep 2021 | 21.9 | 7.51% | $61.97 | $2.83 |
| Jun 2021 | 20.37 | 4.84% | $60.51 | $2.97 |
SO average PE ratio chart
The current PE ratio of SO is higher than its 3 and 5-year historical averages, but it is lower than the 10-year average.
SO PE vs peers
In comparison to its peers ETR and PPL, SO's PE ratio is lower, but it is higher than NEE's and DUK's. Southern's PE ratio is trading below the peer group average of 23.68.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRG Nrg Energy Inc | 18.52 | $18.86B |
| AEP American Electric Power Co Inc | 19.1 | $57B |
| NEE Nextera Energy Inc | 20.84 | $144.92B |
| DUK Duke Energy CORP | 20.91 | $92.72B |
| D Dominion Energy Inc | 22.54 | $46.85B |
| SO Southern Co | 22.67 | $99.95B |
| FE Firstenergy Corp | 23.56 | $23.1B |
| PPL PPL Corp | 29.76 | $26.35B |
| ETR Entergy Corp | 34.17 | $36.33B |
Frequently asked questions
What is Southern's PE ratio?
As of Mar 28, 2025, SO stock has a price to earnings ratio of 22.67.
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 22.52.
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 21.72.
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 8% 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 (Mar 28, 2025), Southern's stock price is $91.13. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $4.02. Therefore, Southern's PE ratio for today is 22.67. PE RATIO(22.67) = STOCK PRICE($91.13) / TTM EPS($4.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.