P/E ratio for Kirby Corporation (KEX)
P/E ratio as of June 2023 (TTM): 37.3
According to Kirby Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.3103. At the end of 2021 the company had a P/E ratio of -14.4.
P/E ratio history for Kirby Corporation from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -14.4 | -19.3% |
| 2020 | -17.9 | -147.51% |
| 2019 | 37.6 | -26.84% |
| 2018 | 51.4 | 314.9% |
| 2017 | 12.4 | -51.17% |
| 2016 | 25.4 | 98.25% |
| 2015 | 12.8 | -21.67% |
| 2014 | 16.3 | -26.55% |
| 2013 | 22.3 | 34.48% |
| 2012 | 16.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 17.9 | -52.13% | 🇺🇸 USA |
 Martin Midstream Partners MMLP | -5.84 | -115.66% | 🇺🇸 USA |
 SEACOR Holdings CKH | N/A | N/A | 🇺🇸 USA |
 Enterprise Products EPD | 10.1 | -72.89% | 🇺🇸 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.