Southern Company
SO
#176
Rank
$98.33 B
Marketcap
$89.84
Share price
0.99%
Change (1 day)
33.10%
Change (1 year)

P/E ratio for Southern Company (SO)

P/E ratio as of October 2024 (TTM): 32.3

According to Southern Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.3165. 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
202221.7-28.47%
202130.345.72%
202020.848.67%
201914.0-30.28%
201820.1-64.81%
201757.1198.66%
201619.16.4%
201518.0-19.35%
201422.31.11%
201322.038.64%
201215.9-11.91%
201118.011.84%
201016.1-0.27%
200916.2-1.2%
200816.4-3.67%
200717.0-2.25%
200617.47.75%
200516.1-0.36%
200416.28.67%
200314.9-2.37%
200215.39.58%
200113.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.9-35.23%๐Ÿ‡บ๐Ÿ‡ธ USA
81.0 150.80%๐Ÿ‡บ๐Ÿ‡ธ USA
18.9-41.53%๐Ÿ‡บ๐Ÿ‡ธ USA
22.7-29.89%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-32.09%๐Ÿ‡บ๐Ÿ‡ธ USA
47.4 46.80%๐Ÿ‡บ๐Ÿ‡ธ USA
28.9-10.57%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.7-136.20%๐Ÿ‡บ๐Ÿ‡ธ 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.