The PE ratio for Southern stock stands at 23.07 as of Sep 28, 2023. This is based on the current EPS of $2.82 and the stock price of $65.07 per share. The current PE ratio is comparable to the past four-quarter average.
Over the last ten years, the average PE ratio of Southern has been 24.74. The current 23.07 P/E ratio is 7% 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 |
|---|---|---|
| 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% |
| 2013 | 21.87 | 37.89% |
The current PE ratio of SO is higher than its 5-year historical average, but it is lower than the 3 and 10-year averages.
In comparison to its peers DUK and FE, SO's PE ratio is lower, but it is higher than NEE's and AEP's. Southern's PE ratio is trading above the peer group average of 17.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ETR Entergy Corp | 14.05 | $19.55B |
| NEE Nextera Energy Inc | 14.21 | $116.45B |
| D Dominion Energy Inc | 16.61 | $37.26B |
| AEP American Electric Power Co Inc | 19.4 | $38.58B |
| PPL PPL Corp | 22.54 | $17.28B |
| SO Southern Co | 22.95 | $70.59B |
| FE Firstenergy Corp | 43.24 | $19.59B |
| DUK Duke Energy CORP | 53.83 | $68.03B |
| NRG Nrg Energy Inc | N/A | $8.83B |
As of Sep 28, 2023, SO stock has a price to earnings ratio of 23.07.
As an average over the last 3 years, SO stock has a PE ratio of 23.35.
As an average over the last 5 years, SO stock has a PE ratio of 20.42.
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 7% 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 (Sep 28, 2023), Southern's stock price is $65.07. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $2.82. Therefore, Southern's PE ratio for today is 23.07. PE RATIO(23.07) = STOCK PRICE($65.07) / TTM EPS($2.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.