Southern Tangible Book Value Per Share from 2010 to 2024

SOJE Stock  USD 19.76  0.03  0.15%   
Southern Company's Tangible Book Value Per Share is decreasing over the years with slightly volatile fluctuation. Tangible Book Value Per Share is expected to dwindle to 25.83. During the period from 2010 to 2024 Southern Company Tangible Book Value Per Share annual values regression line had geometric mean of  45.37 and mean square error of  101,059. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
27.19413919
Current Value
25.83
Quarterly Volatility
339.37970964
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southern Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern Company'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 Company Valuation or Volatility modules.
  
Check out the analysis of Southern Company Correlation against competitors.
For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.

Latest Southern Company's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Southern Company Series over the last few years. It is Southern Company's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southern Company's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Southern Tangible Book Value Per Share Regression Statistics

Arithmetic Mean183.73
Geometric Mean45.37
Coefficient Of Variation184.72
Mean Deviation257.90
Median25.08
Standard Deviation339.38
Sample Variance115,179
Range969
R-Value(0.43)
Mean Square Error101,059
R-Squared0.19
Significance0.11
Slope(32.66)
Total Sum of Squares1.6M

Southern Tangible Book Value Per Share History

2024 25.83
2023 27.19
2022 26.94
2021 25.3
2020 24.35
2019 25.08
2018 22.94

About Southern Company Financial Statements

Southern Company stakeholders use historical fundamental indicators, such as Southern Company's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Southern Company investors may analyze each financial statement separately, they are all interrelated. For example, changes in Southern Company's assets and liabilities are reflected in the revenues and expenses on Southern Company's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Southern Company Series. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 27.19  25.83 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Southern Company is a strong investment it is important to analyze Southern Company's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Southern Company's future performance. For an informed investment choice regarding Southern Stock, refer to the following important reports:
Check out the analysis of Southern Company Correlation against competitors.
For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is 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 Company. 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 Company listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.1204
The market value of Southern Company 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 Company's value that differs from its market value or its book value, called intrinsic value, which is Southern Company'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 Company's market value can be influenced by many factors that don't directly affect Southern Company'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 Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Company'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.