The Southern Company (SO) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
Southern is one of the largest utilities in the US. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in fo...
The Southern Company (SO) currently trades at a P/E ratio of 22.52 (historical range: 13.74–293.09, median: 22.80), placing it at the 46th percentile — near its historical average, P/S ratio of 3.48 (range: 2.30–4.00, 64th percentile — above its historical average), EV/EBITDA of 24.50 (range: 14.58–30.67, 64th percentile).
Over the historical period (2021-09-10 to 2026-10-16), The Southern Company's P/E ratio has expanded by 34% over the observed period (from an average of 69.2 to 92.7).
The Southern Company trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 22.52 | 22.80 | 46th | near its historical average |
| P/S Ratio | 3.48 | 3.34 | 64th | above its historical average |
| EV/EBITDA | 24.50 | 23.03 | 64th | above its historical average |
| FCF Yield | 0.83% | 0.85% | 16th | expensive relative to its history |
The Southern Company (SO) Valuation & P/E History
The Southern Company (SO) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry currently trading at $90.26 with a market capitalization of $103.8 billion. This page provides historical valuation analysis for SO based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 22.52 is below the historical median of 22.80, placing SO at the 46th percentile of its valuation range. The P/S ratio of 3.48 compares to a median of 3.34.
SO Valuation Metrics & Historical Range
The valuation table above shows The Southern Company'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 SO 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 SO 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 The Southern Company.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is SO Overvalued or Undervalued?
The Southern Company trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 58 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive SO 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 SO analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.SO trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.