Kinder MorganFRA:2KD +3.32%76 PE Ratio (TTM) is 22.12 as of Jul. 09, 2026, which is 3% below its 10-year median of 22.83. GuruFocus rates FRA:2KD with a GF Score™ of 76/100 and a GF Value™ of €25.07 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 618 Oil & Gas companies, Kinder Morgan ranks worse than 70.71% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-09), Kinder Morgan's share price is
€28.34.
Kinder Morgan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.28. Therefore, Kinder Morgan's PE Ratio (TTM) for today is 22.12.
The historical rank and industry rank for Kinder Morgan's PE Ratio (TTM) or its related term are showing as below:
FRA:2KD'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 12.86 Med: 22.83 Max: 1952
Current: 21.8
During the past 13 years, the highest PE Ratio (TTM) of Kinder Morgan was 1952.00. The lowest was 12.86. And the median was 22.83.
FRA:2KD's PE Ratio (TTM) is ranked worse than 70.71% of 618
companies
in the Oil & Gas industry
Industry Median: 14.35
vs FRA:2KD: 21.80
During the past 12 months, Kinder Morgan's average EPS without NRIGrowth Rate was 26.30% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 6.90% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 9.00% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 8.90% per year.
During the past 13 years, Kinder Morgan's highest 3-Year average EPS without NRI Growth Rate was 18.90% per year. The lowest was -38.20% per year. And the median was 6.90% per year.
Kinder Morgan's EPS (Basic) for the
three
months ended in Mar. 2026 was €0.38.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.28.
Kinder Morgan (FRA:2KD) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Kinder Morgan PE Ratio (TTM) Related Terms
Kinder Morgan PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Kinder Morgan's PE Ratio (TTM) 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.
FRA:2KD vs EPD, ET, TRGP: PE Ratio (TTM) Comparison
For the Oil & Gas Midstream subindustry, Kinder Morgan's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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 PE Ratio (TTM) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinder Morgan's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Kinder Morgan's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Kinder Morgan's PE Ratio (TTM) for today is calculated as
Kinder Morgan's Share Price of today is €28.34.
Kinder Morgan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.28.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Kinder Morgan (FRA:2KD) has a PE Ratio (TTM) of 22.12 as of Jul. 09, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Kinder Morgan and its competitors. This is near median its historical median of 22.83. Over the past decade, Kinder Morgan's PE Ratio (TTM) has ranged from 12.86 to 1,952.00. According to the industry distribution chart, Kinder Morgan ranks #437 out of 618 companies in the Oil & Gas industry, placing it in the top 70.7%.
Is Kinder Morgan's PE Ratio (TTM) too high?
Kinder Morgan's current PE Ratio (TTM) of 22.12 is near median its 10-year median of 22.83. Over the past 10 years, this metric has ranged from a low of 12.86 to a high of 1,952.00. The Oil & Gas industry median PE Ratio (TTM) is 14.35. Kinder Morgan's value of 22.12 is 54.1% above this industry median. Based on the distribution chart, Kinder Morgan ranks #437 out of 618 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Kinder Morgan has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinder Morgan's PE Ratio (TTM) compare to EPD and ET?
According to the Oil & Gas industry distribution chart, Kinder Morgan ranks #437 out of 618 companies for PE Ratio (TTM). This places Kinder Morgan in the lower half of its industry. The industry median PE Ratio (TTM) is 14.35. Kinder Morgan's value of 22.12 is 54.1% above this benchmark. Historically, Kinder Morgan's own PE Ratio (TTM) has ranged from 12.86 to 1,952.00 over the past decade. While the company's 10-year median is 22.83 vs. the industry median of 14.35, Kinder Morgan has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for an Oil & Gas company?
The median PE Ratio (TTM) among Oil & Gas companies is 14.35, based on 618 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kinder Morgan's current PE Ratio (TTM) of 22.12 is 54.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Kinder Morgan and its competitors. For the Oil & Gas industry, the median PE Ratio (TTM) is 14.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinder Morgan's current PE Ratio (TTM) is 22.12, which is near median its own 10-year median of 22.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinder Morgan stock overvalued right now?
Based on GuruFocus' analysis, Kinder Morgan (FRA:2KD) is currently considered Modestly Overvalued. The stock's GF Value™ is €25.07, compared to a current price of €28.34 — trading 13% above its estimated fair value. The current PE Ratio (TTM) is 22.12, which is near median its 10-year median of 22.83 and 54.1% above the Oil & Gas industry median of 14.35. Kinder Morgan's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Kinder Morgan (FRA:2KD), the current PE Ratio (TTM) is 22.12 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kinder Morgan (FRA:2KD) Overvalued in 2026?
Based on GuruFocus' analysis, Kinder Morgan stock appears to be overvalued.
The current stock price of €28.34 is trading 13% above its estimated GF Value™ of €25.07.
GuruFocus considers Kinder Morgan to be Modestly Overvalued.
Key valuation signals for FRA:2KD:
PE Ratio (TTM): 22.12 (near median its 10-year median of 22.83)
GF Value™: €25.07 vs. price of €28.34 (13% above fair value)
Industry Position: 54.1% above the Oil & Gas median (#437 of 618)
No single metric tells the full story. See the FRA:2KD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinder Morgan operates natural gas, crude oil, and refined products pipelines connecting producing regions to demand centers. It is principally involved in the gathering, storage, and transmission of natural gas across the continental United States. It also operates distribution centers for refined products along with the largest fleet of Jones Act-compliant tankers.
76GF Score
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PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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