PPL Corporation (PPL) P/E Ratio History
Historical price-to-earnings valuation from 1995 to 2025
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PPL Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, PPL Corporation (PPL) trades at a price-to-earnings ratio of 23.3x, with a stock price of $37.35 and trailing twelve-month earnings per share of $1.58.
The current P/E is roughly in line with its 5-year average of 23.6x. Over the past five years, PPL's P/E has ranged from a low of 10.1x to a high of 33.6x, placing the current valuation at the 30th percentile of its historical range.
Compared to the Utilities sector median P/E of 20.1x, PPL trades at a 16% premium to its sector peers. The sector includes 109 companies with P/E ratios ranging from 0.0x to 174.3x.
Relative to the broader market, PPL trades roughly in line with the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our PPL DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
PPL P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $31B | 20.9 | 2.36 | +21% | |
| $38B | 23.9 | 4.80 | +0% | |
| $19B | 22.3 | 3.65 | -3% | |
| $10B | 20.6 | - | +6% | |
| $3B | 17.2 | 3.73 | +4% | |
| $4B | 24.1 | - | -19% | |
| $26B | 19.4 | 1.69 | +8% | |
| $26B | 30.4 | - | +279%Best | |
| $27B | 26.1 | - | +4% | |
| $10B | 11.4Lowest | 0.15Best | -47% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
PPL Historical P/E Data (1995–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $35.02 | $1.60 | 21.9x | +15% |
| FY2025 Q3 | $37.16 | $1.48 | 25.1x | +32% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $33.89 | $1.34 | 25.3x | +33% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $36.11 | $1.35 | 26.7x | +40% |
| FY2024 Q4 | $32.46 | $1.21 | 26.8x | +41% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $33.08 | $1.12 | 29.5x | +55% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $27.65 | $1.14 | 24.3x | +27% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $27.53 | $1.03 | 26.7x | +40% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $27.10 | $1.00 | 27.1x | +42% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $23.56 | $1.11 | 21.2x | +11% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $26.46 | $1.04 | 25.4x | +33% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $27.79 | $1.05 | 26.5x | +39% |
Average P/E for displayed period: 19.1x
Full PPL Stock Analysis
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Start ComparisonPPL — Frequently Asked Questions
Quick answers to the most common questions about buying PPL stock.
Is PPL stock overvalued or undervalued?
PPL trades at 23.3x P/E, near its 5-year average of 23.6x. The 30th percentile ranking places valuation within normal historical bounds.
How does PPL's valuation compare to peers?
PPL Corporation P/E of 23.3x compares to sector median of 20.1x. The premium reflects expected growth above peers.
What is PPL's PEG ratio?
PPL PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1995-2025.