Southern Book Value Per Share from 2010 to 2024

SO Stock  USD 88.42  0.82  0.94%   
Southern Book Value Per Share yearly trend continues to be very stable with very little volatility. Book Value Per Share is likely to drop to 16.49. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Southern Company according to its financial statements. View All Fundamentals
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
32.25732601
Current Value
16.49
Quarterly Volatility
5.75622783
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern's main balance sheet or income statement drivers, such as Total Revenue of 15.6 B, Gross Profit of 8.3 B or Operating Income of 3.6 B, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0593 or PTB Ratio of 1.5. Southern financial statements analysis is a perfect complement when working with Southern Valuation or Volatility modules.
  
Check out the analysis of Southern Correlation against competitors.

Latest Southern's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Southern Company over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Southern's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southern's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 30.39 X10 Years Trend
Slightly volatile
   Book Value Per Share   
       Timeline  

Southern Book Value Per Share Regression Statistics

Arithmetic Mean25.44
Geometric Mean24.72
Coefficient Of Variation22.63
Mean Deviation4.60
Median25.85
Standard Deviation5.76
Sample Variance33.13
Range19.6621
R-Value0.57
Mean Square Error24.24
R-Squared0.32
Significance0.03
Slope0.73
Total Sum of Squares463.88

Southern Book Value Per Share History

2024 16.49
2023 32.26
2022 32.12
2021 30.69
2020 29.6
2019 30.64
2018 28.75

Other Fundumenentals of Southern

Southern Book Value Per Share component correlations

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About Southern Financial Statements

Southern investors utilize fundamental indicators, such as Book Value Per Share, to predict how Southern Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Book Value Per Share 32.26  16.49 
Tangible Book Value Per Share 27.19  25.83 

Pair Trading with Southern

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southern position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southern will appreciate offsetting losses from the drop in the long position's value.

Moving together with Southern Stock

  0.88D Dominion EnergyPairCorr
  0.75ED Consolidated EdisonPairCorr

Moving against Southern Stock

  0.36HE Hawaiian ElectricPairCorr
The ability to find closely correlated positions to Southern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southern - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southern Company to buy it.
The correlation of Southern is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Southern can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Southern Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.078
Dividend Share
2.84
Earnings Share
4.29
Revenue Per Share
24.135
Quarterly Revenue Growth
0.042
The market value of Southern is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern's value that differs from its market value or its book value, called intrinsic value, which is Southern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern's market value can be influenced by many factors that don't directly affect Southern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.