Kinder Morgan
$38.28 B
Share price
Change (1 day)
Change (1 year)

P/E ratio for Kinder Morgan (KMI)

P/E ratio as of June 2023 (TTM): 15.1

According to Kinder Morgan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.073. At the end of 2021 the company had a P/E ratio of 20.3.

P/E ratio history for Kinder Morgan from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2017> 10002081.31%

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.27-51.74%๐Ÿ‡บ๐Ÿ‡ธ USA
8.80-41.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-21.4-242.21%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
7.90-47.59%๐Ÿ‡จ๐Ÿ‡ฆ Canada
10.1-32.72%๐Ÿ‡บ๐Ÿ‡ธ 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.