The PE ratio for Southern stock stands at 24.09 as of Aug 12, 2025. This is based on the current EPS of $3.9 and the stock price of $93.96 per share. An increase of 11% has been recorded in the PE ratio compared to the average of 21.7 of the last four quarters.
SO PE ratio history
Over the last ten years, the average PE ratio of Southern has been 24.9. The current 24.09 P/E ratio is 3.3% 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 |
|---|---|---|---|---|
| Jun 2025 | 23.55 | 7.58% | $91.83 | $3.9 |
| 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 |
SO Price vs fair value
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 NEE and NRG, SO's PE ratio is lower, but it is higher than DUK's and AEP's. Southern's PE ratio is trading above the peer group average of 21.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AEP American Electric Power Co Inc | 16.51 | $60.41B |
| FE Firstenergy Corp | 19.36 | $25.27B |
| DUK Duke Energy CORP | 20.38 | $97.44B |
| ETR Entergy Corp | 22.09 | $40.32B |
| D Dominion Energy Inc | 23.39 | $52.7B |
| SO Southern Co | 24.24 | $103.98B |
| NEE Nextera Energy Inc | 24.82 | $147.22B |
| PPL PPL Corp | 27.56 | $27.31B |
| NRG Nrg Energy Inc | 65.52 | $29.78B |
Frequently asked questions
What is Southern's PE ratio?
As of Aug 12, 2025, SO stock has a price to earnings ratio of 24.09.
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 21.43.
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 22.34.
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 3.3% 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 (Aug 12, 2025), Southern's stock price is $93.96. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $3.9. Therefore, Southern's PE ratio for today is 24.09. PE RATIO(24.09) = STOCK PRICE($93.96) / TTM EPS($3.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.