P/E ratio for Kinder Morgan (KMI)
P/E ratio as of June 2024 (TTM): 17.3
According to Kinder Morgan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2727. 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 |
|---|---|---|
| 2022 | 16.1 | -20.61% |
| 2021 | 20.3 | -92.56% |
| 2020 | 273 | 1139.79% |
| 2019 | 22.1 | -5.37% |
| 2018 | 23.3 | -98.71% |
| 2017 | > 1000 | 2081.31% |
| 2016 | 82.8 | -22.27% |
| 2015 | 107 | 139.29% |
| 2014 | 44.5 | 42.27% |
| 2013 | 31.3 | -63.67% |
| 2012 | 86.2 | 98.22% |
| 2011 | 43.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 11.3 | -34.46% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 10.4 | -39.57% | 🇺🇸 USA |
 Sea (Garena) SE | 141 | 715.73% | 🇸🇬 Singapore |
 Pembina Pipeline
PBA | 10.2 | -41.09% | 🇨🇦 Canada |
 Enterprise Products EPD | 11.3 | -34.30% | 🇺🇸 USA |
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.