P/E ratio for Southern Company (SO)
P/E ratio as of June 2024 (TTM): 28.1
According to Southern Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.0863. At the end of 2022 the company had a P/E ratio of 21.7.
P/E ratio history for Southern Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.7 | -28.47% |
| 2021 | 30.3 | 45.72% |
| 2020 | 20.8 | 48.67% |
| 2019 | 14.0 | -30.28% |
| 2018 | 20.1 | -64.81% |
| 2017 | 57.1 | 198.66% |
| 2016 | 19.1 | 6.4% |
| 2015 | 18.0 | -19.35% |
| 2014 | 22.3 | 1.11% |
| 2013 | 22.0 | 38.64% |
| 2012 | 15.9 | -11.91% |
| 2011 | 18.0 | 11.84% |
| 2010 | 16.1 | -0.27% |
| 2009 | 16.2 | -1.2% |
| 2008 | 16.4 | -3.67% |
| 2007 | 17.0 | -2.25% |
| 2006 | 17.4 | 7.75% |
| 2005 | 16.1 | -0.36% |
| 2004 | 16.2 | 8.67% |
| 2003 | 14.9 | -2.37% |
| 2002 | 15.3 | 9.58% |
| 2001 | 13.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 20.2 | -28.01% | 🇺🇸 USA |
 Dominion Energy D | 19.7 | -29.96% | 🇺🇸 USA |
 FirstEnergy FE | 42.8 | 52.55% | 🇺🇸 USA |
 NRG Energy
NRG | -11.0 | -139.14% | 🇺🇸 USA |
 Nextera Energy NEE | 20.7 | -26.31% | 🇺🇸 USA |
 Duke Energy DUK | 71.3 | 154.00% | 🇺🇸 USA |
 Entergy ETR | 15.4 | -45.02% | 🇺🇸 USA |
 PPL PPL | 25.7 | -8.39% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.