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Kinder Morgan (FRA:2KD) Shiller PE Ratio : 27.22 (As of Apr. 29, 2024)


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What is Kinder Morgan Shiller PE Ratio?

As of today (2024-04-29), Kinder Morgan's current share price is €17.422. Kinder Morgan's E10 for the quarter that ended in Mar. 2024 was €0.64. Kinder Morgan's Shiller PE Ratio for today is 27.22.

The historical rank and industry rank for Kinder Morgan's Shiller PE Ratio or its related term are showing as below:

FRA:2KD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.46   Med: 26.04   Max: 41
Current: 27.26

During the past years, Kinder Morgan's highest Shiller PE Ratio was 41.00. The lowest was 19.46. And the median was 26.04.

FRA:2KD's Shiller PE Ratio is ranked worse than
68.82% of 417 companies
in the Oil & Gas industry
Industry Median: 17.84 vs FRA:2KD: 27.26

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Kinder Morgan's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.304. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinder Morgan Shiller PE Ratio Historical Data

The historical data trend for Kinder Morgan's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kinder Morgan Shiller PE Ratio Chart

Kinder Morgan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.31 23.73 26.05 25.52 25.62

Kinder Morgan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.52 24.17 23.44 25.62 26.77

Competitive Comparison of Kinder Morgan's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Kinder Morgan's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kinder Morgan's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinder Morgan's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kinder Morgan's Shiller PE Ratio falls into.



Kinder Morgan Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Kinder Morgan's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.422/0.64
=27.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kinder Morgan's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Kinder Morgan's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.304/129.4194*129.4194
=0.304

Current CPI (Mar. 2024) = 129.4194.

Kinder Morgan Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.199 100.560 0.256
201409 0.248 100.428 0.320
201412 0.065 99.070 0.085
201503 0.185 99.621 0.240
201506 0.134 100.684 0.172
201509 0.071 100.392 0.092
201512 -0.266 99.792 -0.345
201603 0.108 100.470 0.139
201606 0.134 101.688 0.171
201609 -0.089 101.861 -0.113
201612 0.076 101.863 0.097
201703 0.168 102.862 0.211
201706 0.134 103.349 0.168
201709 0.126 104.136 0.157
201712 -0.397 104.011 -0.494
201803 0.178 105.290 0.219
201806 -0.068 106.317 -0.083
201809 0.266 106.507 0.323
201812 0.185 105.998 0.226
201903 0.212 107.251 0.256
201906 0.204 108.070 0.244
201909 0.200 108.329 0.239
201912 0.243 108.420 0.290
202003 -0.127 108.902 -0.151
202006 -0.249 108.767 -0.296
202009 0.170 109.815 0.200
202012 0.222 109.897 0.261
202103 0.521 111.754 0.603
202106 -0.282 114.631 -0.318
202109 0.187 115.734 0.209
202112 0.248 117.630 0.273
202203 0.263 121.301 0.281
202206 0.265 125.017 0.274
202209 0.253 125.227 0.261
202212 0.283 125.222 0.292
202303 0.280 127.348 0.285
202306 0.240 128.729 0.241
202309 0.225 129.860 0.224
202312 0.248 129.419 0.248
202403 0.304 129.419 0.304

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Kinder Morgan  (FRA:2KD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Kinder Morgan Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Kinder Morgan's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kinder Morgan (FRA:2KD) Business Description

Traded in Other Exchanges
Address
1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.

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