Kinder Morgan
KMI
#323
Rank
S$85.20 B
Marketcap
$38.35
Share price
-0.18%
Change (1 day)
64.89%
Change (1 year)

P/E ratio for Kinder Morgan (KMI)

P/E ratio as of November 2024 (TTM): 26.0

According to Kinder Morgan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.0318. At the end of 2022 the company had a P/E ratio of 16.1.

P/E ratio history for Kinder Morgan from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.1-20.61%
202120.3-92.56%
20202731139.79%
201922.1-5.37%
201823.3-98.71%
2017> 10002081.31%
201682.8-22.27%
2015107139.29%
201444.542.27%
201331.3-63.67%
201286.298.22%
201143.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.2-49.23%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-53.54%๐Ÿ‡บ๐Ÿ‡ธ USA
240 821.59%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
11.1-57.40%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-53.58%๐Ÿ‡จ๐Ÿ‡ฆ Canada

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.