As of Nov 21, 2024, the KNTK stock has a PE ratio of 10.94. The calculation is based on the latest EPS of $5.68 and the stock price of $62.14 per share. An increase of 50% has been observed in the PE ratio compared to its average of 7.3 of the last four quarters.
The mean historical PE ratio of Kinetik Holdings over the last six years is 46.89. The current 10.94 P/E ratio is 77% lower than the historical average. Looking back at the last six years, KNTK's PE ratio peaked in the Jun 2022 quarter at 213.38, with a price of $34.14 and an EPS of $0.16. The Dec 2023 quarter marked the lowest point at 6.36, with a price of $33.4 and an EPS of $5.25.
Maximum annual decrease: -71.73% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 6.36 | -71.73% |
2022 | 22.5 | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
Currently, KNTK's PE ratio is lower than its 3 and 5-year averages.
In comparison to its peer stock KMI, KNTK's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
KNTK Kinetik Holdings Inc | 10.94 | $9.79B |
KMI Kinder Morgan Inc | 25.26 | $63.41B |
NEXT NextDecade Corp | N/A | $1.9B |
KNTK stock has a price to earnings ratio of 10.94 as of Nov 21, 2024.
As an average over the last 3 years, KNTK stock has a PE ratio of 38.13.
As an average over the last 5 years, KNTK stock has a PE ratio of 38.13.
Over the last six years, the quarterly PE ratio reached its highest level at 213.38 in the Jun 2022 quarter.
KNTK's current price to earnings ratio is 77% below its 6-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Kinetik Holdings's share price is $62.14. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.68. Therefore, Kinetik Holdings's PE ratio for today is 10.94. PE RATIO(10.94) = STOCK PRICE($62.14) / TTM EPS($5.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.