PPL Corporation (PPL) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in cen...
PPL Corporation (PPL) currently trades at a P/E ratio of 20.94 (historical range: 19.03–35.56, median: 21.73), placing it at the 26th percentile — below its historical average, P/S ratio of 2.82 (range: 2.25–5.07, 9th percentile — cheap relative to its history), EV/EBITDA of 44.81 (range: 16.54–44.81, 100th percentile).
Over the historical period (2021-09-14 to 2026-10-16), PPL Corporation's P/E ratio has contracted by 37% over the observed period (from an average of 33.4 to 21.0).
PPL Corporation trades near its historical valuation range, with most metrics close to their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 20.94 | 21.73 | 26th | below its historical average |
| P/S Ratio | 2.82 | 3.65 | 9th | cheap relative to its history |
| EV/EBITDA | 44.81 | 24.11 | 100th | expensive relative to its history |
| FCF Yield | 1.14% | 1.30% | 26th | above its historical average |
PPL Corporation (PPL) Valuation & P/E History
PPL Corporation (PPL) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry currently trading at $35.00 with a market capitalization of $26.3 billion. This page provides historical valuation analysis for PPL based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 20.94 is below the historical median of 21.73, placing PPL at the 26th percentile of its valuation range. The P/S ratio of 2.82 compares to a median of 3.65.
PPL Valuation Metrics & Historical Range
The valuation table above shows PPL Corporation's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether PPL is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests PPL is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for PPL Corporation.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is PPL Overvalued or Undervalued?
PPL Corporation trades near its historical valuation range, with most metrics close to their median levels. The overall valuation percentile of 45 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive PPL is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full PPL analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.PPL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

