The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-15), Southern Co's share price is $83.20. Southern Co's Book Value per Share for the quarter that ended in Sep. 2024 was $30.39. Hence, Southern Co's PB Ratio of today is 2.74.
The historical rank and industry rank for Southern Co's PB Ratio or its related term are showing as below:
SO'
s PB Ratio Range Over the Past 10 Years
Min: 1.75 Med: 2.24 Max: 3.07
Current: 2.74
During the past 13 years, Southern Co's highest PB Ratio was 3.07. The lowest was 1.75. And the median was 2.24.
SO's PB Ratio is ranked worse than 82.97% of 505
companies
in the Utilities - Regulated industry
Industry Median: 1.42
vs SO: 2.74
During the past 12 months, Southern Co's average Book Value Per Share Growth Rate was 5.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Southern Co was 6.60% per year. The lowest was -6.70% per year. And the median was 3.30% per year.
Back to Basics: PB Ratio
Southern Co PB Ratio Historical Data
The historical data trend for Southern Co's PB 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.
For the Utilities - Regulated Electric subindustry, Southern Co's PB Ratio, along with its competitors' market caps and PB 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's PB Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southern Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Southern Co's PB Ratio falls into.
Southern Co PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Southern Co's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Southern Co PB Ratio Related Terms
Thank you for viewing the detailed overview of Southern Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 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 U.S. and sells the electricity primarily under long-term contracts.
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