Back to KEX overview

KEX Kirby PE ratio, current and historical analysis

The current PE ratio for Kirby stock as of Feb 23, 2024 is 23.51. This is calculated based on the TTM EPS of $3.74 and the stock price of $87.92 per share. The PE ratio marks a decrease of 7% from its last 4 quarters average of 25.2.

KEX PE ratio history

How has KEX's PE ratio performed in the past

The average historical PE ratio of Kirby for the last ten years is 27.58. The current P/E ratio of 23.51 is 15% lower than the historical average. Looking back at the last ten years, KEX's PE ratio peaked in the Jun 2021 quarter at 64.51, when the price was $60.64 and the EPS was $0.94. The lowest point was in the Dec 2017 quarter, when it reached 11.89 with a price of $66.8 and an EPS of $5.62.

Average
27.58
Median
24.74
Minimum
11.89
Maximum
64.51

Kirby PE ratio by year

Maximum annual increase: 332.46% in 2018

Maximum annual decrease: -52.99% in 2017

Year PE ratio Change
2023 20.98 -33.48%
2022 31.54 N/A
2021 N/A N/A
2020 N/A N/A
2019 37.62 -26.84%
2018 51.42 332.46%
2017 11.89 -52.99%
2016 25.29 98.04%
2015 12.77 -21.7%
2014 16.31 -26.7%

KEX average PE ratio chart

What is the average PE ratio of KEX for the past years

Currently, KEX's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
35.7
5-year avg
38.26
10-year avg
27.58
15-year avg
23.77

KEX PE vs peers

What is KEX's PE ratio compared to its peers

In comparison to its peer stocks CAT and EPD, KEX's PE ratio is higher.

Stock name PE ratio Market cap
EPD Enterprise Products Partners Lp 11.22 $59.72B
CAT Caterpillar Inc 16.13 $166.58B
KEX Kirby Corp 23.43 $5.13B
MMLP Martin Midstream Partners Lp N/A $95.16M

Frequently asked questions

What is Kirby's PE ratio?

KEX's price to earnings ratio is 23.51 as of Feb 23, 2024.

What is the 3-year average PE ratio for Kirby (KEX)?

As an average over the last 3 years, KEX stock has a PE ratio of 35.7.

What is the 5-year average PE ratio for Kirby (KEX)?

As an average over the last 5 years, KEX stock has a PE ratio of 38.26.

What is the highest PE ratio for KEX?

Over the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 64.51.

How does the current PE ratio for KEX compare to its historical average?

The current PE ratio of KEX is 15% lower than the 10-year historical average.

How is KEX's PE ratio calculated (Kirby PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 23, 2024), Kirby's share price is $87.92. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.74. Therefore, Kirby's PE ratio for today is 23.51. PE RATIO(23.51) = STOCK PRICE($87.92) / TTM EPS($3.74)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.