Southern Co (MIL:1SO) Cyclically Adjusted PS Ratio: 3.65 (As of Aug. 02, 2026) — 34% Above Median

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MIL:1SO Southern Co MIL:1SO
52 GF Score
Price €84.22
GF Value €83.96
Valuation Fairly Valued
! 8 Warning Signs
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What is Southern Co Cyclically Adjusted PS Ratio?

Southern Co MIL:1SO 52 Cyclically Adjusted PS Ratio is 3.65 as of Aug. 02, 2026, which is 34% above its 10-year median of 2.72. GuruFocus rates MIL:1SO with a GF Score™ of 52/100 and a GF Value™ of €83.96 (Fairly Valued). The stock has 8 warning signs investors should review. Among 441 Utilities - Regulated companies, Southern Co ranks worse than 82.99% on this metric.

As of today (2026-08-02), Southern Co's current share price is €84.22. Southern Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €23.05. Southern Co's Cyclically Adjusted PS Ratio for today is 3.65.

The historical rank and industry rank for Southern Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIL:1SO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.72   Max: 3.66
Current: 3.4

During the past years, Southern Co's highest Cyclically Adjusted PS Ratio was 3.66. The lowest was 1.91. And the median was 2.72.

MIL:1SO's Cyclically Adjusted PS Ratio is ranked worse than
82.99% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs MIL:1SO: 3.40

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Southern Co's adjusted revenue per share data for the three months ended in Jun. 2026 was €5.308. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €23.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Co  (MIL:1SO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Southern Co Cyclically Adjusted PS Ratio Related Terms


Southern Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Southern Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern Co Cyclically Adjusted PS Ratio Chart

Southern Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.85 2.73 3.15 3.24

Southern Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.43 3.53 3.24 3.50 3.44

MIL:1SO vs DUK, AEP, D: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Southern Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southern Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Southern Co's Cyclically Adjusted PS Ratio falls into.


MIL:1SO
52GF Score
Southern Co MIL:1SO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Southern Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=84.22/23.05
=3.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Southern Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.308/333.9520*333.9520
=5.308

Current CPI (Jun. 2026) = 333.9520.

Southern Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.724 241.428 7.918
201612 4.926 241.432 6.814
201703 5.396 243.801 7.391
201706 4.809 244.955 6.556
201709 5.151 246.819 6.969
201712 4.676 246.524 6.334
201803 5.086 249.554 6.806
201806 4.750 251.989 6.295
201809 5.130 252.439 6.786
201812 4.524 251.233 6.014
201903 4.583 254.202 6.021
201906 4.289 256.143 5.592
201909 5.150 256.759 6.698
201912 4.160 256.974 5.406
202003 4.256 258.115 5.506
202006 3.859 257.797 4.999
202009 4.484 260.280 5.753
202012 3.938 260.474 5.049
202103 4.657 264.877 5.871
202106 4.043 271.696 4.969
202109 4.965 274.310 6.045
202112 4.765 278.802 5.708
202203 5.647 287.504 6.559
202206 6.359 296.311 7.167
202209 7.777 296.808 8.750
202212 6.070 296.797 6.830
202303 5.512 301.836 6.098
202306 4.832 305.109 5.289
202309 5.951 307.789 6.457
202312 5.049 306.746 5.497
202403 5.558 312.332 5.943
202406 5.448 314.175 5.791
202409 5.942 315.301 6.293
202412 5.495 315.605 5.814
202503 6.508 319.799 6.796
202506 5.456 322.561 5.649
202509 6.005 324.800 6.174
202512 5.361 324.054 5.525
202603 6.439 330.213 6.512
202606 5.308 333.952 5.308

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 3.65 mean?
Southern Co (MIL:1SO) has a Cyclically Adjusted PS Ratio of 3.65 as of Aug. 02, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Southern Co and its competitors. This is 34% above median its historical median of 2.72. Over the past decade, Southern Co's Cyclically Adjusted PS Ratio has ranged from 1.91 to 3.66. According to the industry distribution chart, Southern Co ranks #366 out of 441 companies in the Utilities - Regulated industry, placing it in the top 83%.
Is Southern Co's Cyclically Adjusted PS Ratio too high?
Southern Co's current Cyclically Adjusted PS Ratio of 3.65 is 34% above median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 3.66. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Southern Co's value of 3.65 is 155.2% above this industry median. Based on the distribution chart, Southern Co ranks #366 out of 441 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Southern Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Southern Co's Cyclically Adjusted PS Ratio compare to DUK and AEP?
According to the Utilities - Regulated industry distribution chart, Southern Co ranks #366 out of 441 companies for Cyclically Adjusted PS Ratio. This places Southern Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Southern Co's value of 3.65 is 155.2% above this benchmark. Historically, Southern Co's own Cyclically Adjusted PS Ratio has ranged from 1.91 to 3.66 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 1.43, Southern Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.43, based on 441 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southern Co's current Cyclically Adjusted PS Ratio of 3.65 is 155.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Southern Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Co's current Cyclically Adjusted PS Ratio is 3.65, which is 34% above median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Co stock overvalued right now?
Based on GuruFocus' analysis, Southern Co (MIL:1SO) is currently considered Fairly Valued. The stock's GF Value™ is €83.96, compared to a current price of €84.22 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.65, which is 34% above median its 10-year median of 2.72 and 155.2% above the Utilities - Regulated industry median of 1.43. Southern Co's overall GF Score™ is 52/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Southern Co (MIL:1SO), the current Cyclically Adjusted PS Ratio is 3.65 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southern Co (MIL:1SO) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Co stock appears to be overvalued. The current stock price of €84.22 is trading 0.3% above its estimated GF Value™ of €83.96. GuruFocus considers Southern Co to be Fairly Valued.

Key valuation signals for MIL:1SO:

  • Cyclically Adjusted PS Ratio: 3.65 (34% above median its 10-year median of 2.72)
  • GF Value™: €83.96 vs. price of €84.22 (0.3% above fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 155.2% above the Utilities - Regulated median (#366 of 441)

No single metric tells the full story. See the MIL:1SO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Co Business Description

Address 30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308
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 four states. It owns 46 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the US and sells the electricity primarily under long-term contracts.
52GF Score

Get the complete analysis for MIL:1SO

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€84.22
Price
€83.96
GF Value