The PE ratio for Southern stock stands at 20.8 as of May 15, 2025. This is based on the current EPS of $4.2 and the stock price of $87.38 per share. The current PE ratio is comparable to the past four-quarter average.
SO PE ratio history
Over the last ten years, the average PE ratio of Southern has been 24.75. The current 20.8 P/E ratio is 16% 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 |
|---|---|---|---|---|
| Mar 2025 | 21.89 | 6.88% | $91.95 | $4.2 |
| 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 |
SO Price vs fair value
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 D, SO's PE ratio is lower, but it is higher than DUK's and AEP's. Southern's PE ratio is trading below the peer group average of 23.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DUK Duke Energy CORP | 19.28 | $90.36B |
| AEP American Electric Power Co Inc | 19.85 | $55.04B |
| SO Southern Co | 21.12 | $97.5B |
| FE Firstenergy Corp | 22.7 | $24.63B |
| D Dominion Energy Inc | 23.14 | $47.56B |
| NRG Nrg Energy Inc | 24.72 | $31.13B |
| PPL PPL Corp | 25.82 | $25.77B |
| ETR Entergy Corp | 26.56 | $35.81B |
| NEE Nextera Energy Inc | 27.99 | $154.4B |
Frequently asked questions
What is Southern's PE ratio?
As of May 15, 2025, SO stock has a price to earnings ratio of 20.8.
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 21.55.
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 22.0.
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 16% 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 (May 15, 2025), Southern's stock price is $87.38. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $4.2. Therefore, Southern's PE ratio for today is 20.8. PE RATIO(20.8) = STOCK PRICE($87.38) / TTM EPS($4.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.