P/E ratio for Kirby Corporation (KEX)
P/E ratio as of April 2024 (TTM): 28.6
According to Kirby Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.6054. At the end of 2022 the company had a P/E ratio of 31.7.
P/E ratio history for Kirby Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.7 | -319.79% |
| 2021 | -14.4 | 26.61% |
| 2020 | -11.4 | -130.28% |
| 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 | -15.8% |
| 2011 | 19.7 | -3.63% |
| 2010 | 20.4 | 37.01% |
| 2009 | 14.9 | 59.4% |
| 2008 | 9.34 | -53.19% |
| 2007 | 19.9 | 6.67% |
| 2006 | 18.7 | -1.42% |
| 2005 | 19.0 | -14.08% |
| 2004 | 22.1 | 6.98% |
| 2003 | 20.6 | -14.1% |
| 2002 | 24.0 | 43.9% |
| 2001 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 20.2 | -29.51% | 🇺🇸 USA |
 Martin Midstream Partners MMLP | -19.0 | -166.42% | 🇺🇸 USA |
 SEACOR Holdings CKH | N/A | N/A | 🇺🇸 USA |
 Enterprise Products EPD | 11.5 | -59.87% | 🇺🇸 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.