SO Southern PE ratio, current and historical analysis
The PE ratio for Southern stock stands at 21.99 as of Feb 21, 2025. This is based on the current EPS of $4.02 and the stock price of $88.4 per share. An increase of 12% 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 21.99 P/E ratio is 11% 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 5-year historical average, but it is lower than the 3 and 10-year averages.
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 24.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AEP American Electric Power Co Inc | 18.81 | $56.13B |
| D Dominion Energy Inc | 20.44 | $48.24B |
| NEE Nextera Energy Inc | 21.18 | $147.24B |
| DUK Duke Energy CORP | 21.24 | $89.26B |
| SO Southern Co | 21.99 | $96.96B |
| NRG Nrg Energy Inc | 26.1 | $21.46B |
| FE Firstenergy Corp | 27.28 | $24.37B |
| PPL PPL Corp | 28.93 | $25.62B |
| ETR Entergy Corp | 34.45 | $36.62B |
Frequently asked questions
What is Southern's PE ratio?
As of Feb 21, 2025, SO stock has a price to earnings ratio of 21.99.
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 11% 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 (Feb 21, 2025), Southern's stock price is $88.4. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $4.02. Therefore, Southern's PE ratio for today is 21.99. PE RATIO(21.99) = STOCK PRICE($88.4) / TTM EPS($4.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.