P/E ratio for Southern Company (SO)
P/E ratio as of June 2023 (TTM): 22.4
According to Southern Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.418. At the end of 2021 the company had a P/E ratio of 30.3.
P/E ratio history for Southern Company from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 18.5 | -17.30% | 🇺🇸 USA |
 Dominion Energy D | 34.3 | 52.81% | 🇺🇸 USA |
 FirstEnergy FE | 16.8 | -25.03% | 🇺🇸 USA |
 NRG Energy
NRG | 8.73 | -61.08% | 🇺🇸 USA |
 Nextera Energy NEE | 21.9 | -2.28% | 🇺🇸 USA |
 Duke Energy DUK | 17.9 | -20.25% | 🇺🇸 USA |
 Entergy ETR | 18.0 | -19.49% | 🇺🇸 USA |
 PPL PPL | 25.3 | 13.00% | 🇺🇸 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.