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Kirby (KEX) Shiller PE Ratio

: 43.55 (As of Today)
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As of today (2024-04-20), Kirby's current share price is $95.81. Kirby's E10 for the quarter that ended in Dec. 2023 was $2.20. Kirby's Shiller PE Ratio for today is 43.55.

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

KEX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.79   Med: 21.73   Max: 44.93
Current: 43.53

During the past years, Kirby's highest Shiller PE Ratio was 44.93. The lowest was 9.79. And the median was 21.73.

KEX's Shiller PE Ratio is ranked worse than
85.23% of 562 companies
in the Transportation industry
Industry Median: 17.24 vs KEX: 43.53

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.

Kirby's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirby Shiller PE Ratio Historical Data

The historical data trend for Kirby'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.

Kirby Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.98 16.90 24.21 27.57 35.66

Kirby Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 27.57 30.14 33.64 36.75 35.66

Competitive Comparison

For the Marine Shipping subindustry, Kirby'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.


Kirby Shiller PE Ratio Distribution

For the Transportation industry and Industrials sector, Kirby's Shiller PE Ratio distribution charts can be found below:

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



Kirby 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.

Kirby's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=95.81/2.2
=43.55

* 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.

Kirby's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Kirby's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.04/129.4194*129.4194
=1.040

Current CPI (Dec. 2023) = 129.4194.

Kirby Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.090 99.695 1.415
201406 1.310 100.560 1.686
201409 1.340 100.428 1.727
201412 1.190 99.070 1.555
201503 1.090 99.621 1.416
201506 1.040 100.684 1.337
201509 1.040 100.392 1.341
201512 0.940 99.792 1.219
201603 0.710 100.470 0.915
201606 0.720 101.688 0.916
201609 0.590 101.861 0.750
201612 0.600 101.863 0.762
201703 0.510 102.862 0.642
201706 0.480 103.349 0.601
201709 0.520 104.136 0.646
201712 3.870 104.011 4.815
201803 0.540 105.290 0.664
201806 0.480 106.317 0.584
201809 0.700 106.507 0.851
201812 -0.410 105.998 -0.501
201903 0.740 107.251 0.893
201906 0.790 108.070 0.946
201909 0.800 108.329 0.956
201912 0.050 108.420 0.060
202003 -5.800 108.902 -6.893
202006 0.420 108.767 0.500
202009 0.460 109.815 0.542
202012 0.370 109.897 0.436
202103 -0.060 111.754 -0.069
202106 0.170 114.631 0.192
202109 -4.410 115.734 -4.931
202112 0.180 117.630 0.198
202203 0.290 121.301 0.309
202206 0.470 125.017 0.487
202209 0.650 125.227 0.672
202212 0.620 125.222 0.641
202303 0.680 127.348 0.691
202306 0.950 128.729 0.955
202309 1.050 129.860 1.046
202312 1.040 129.419 1.040

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.


Kirby  (NYSE:KEX) 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.


Kirby Shiller PE Ratio Related Terms

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


Kirby (KEX) Business Description

Traded in Other Exchanges
Address
55 Waugh Drive, Suite 1000, Houston, TX, USA, 77007
Kirby Corp is a domestic tank barge operator, transporting bulk liquid products throughout three United States coasts. The Company transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals by tank barge. The Company conducts operations in two reportable business segments: The Marine transportation segment which provides marine transportation services, operating tank barges and towing vessels transporting bulk liquid products, and the Distribution and services segment, which provides after-market service, and genuine replacement parts for engines, transmissions, reduction gears, and power generation equipment used in oil and gas and commercial and industrial applications. The company's revenue is generated from the Marine Transportation segment.
Executives
Christian G. O'neil officer: VP - Human Resources 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Dorman Lynn Strahan officer: President - Marine Systems Inc
David W Grzebinski officer: Executive VP - Finance 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Richard Ross Stewart director 2707 N LOOP WEST 9TH FL, HOUSTON TX 77008
Richard J Alario director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Amy D. Husted officer: Vice President-Legal 55 WAUGH DRIVE,, SUITE 1000, HOUSTON TX 77007
Ronald A Dragg officer: Controller
Scott P Miller officer: VP - CIO C/O KIRBY CORPORATION, 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Raj Kumar officer: Exec VP and CFO 6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
Kurt A. Niemietz officer: Vice President and Treasurer 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Julie Marie Kruger officer: VP Human Resources 55 WAUGH DRIVE, SUITE 1100, HOUSTON TX 77007
Rocky Dewbre director 46 FLORHAM PARK DR., SPRING TX 77379
Kim B Clarke officer: Vice President of Human Resour C/O KIRBY CORPORATION, 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Susan Leslie Dio director 47 SURREY RUN PLACE, THE WOODLANDS TX 77384
Tanya S Beder director 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451