GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Energy Partners LP (FRA:KM7) » Definitions » Shiller PE Ratio

Kinder Morgan Energy Partners LP (FRA:KM7) Shiller PE Ratio : 57.35 (As of May. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Kinder Morgan Energy Partners LP Shiller PE Ratio?

As of today (2024-05-08), Kinder Morgan Energy Partners LP's current share price is €78.00. Kinder Morgan Energy Partners LP's E10 for the quarter that ended in Sep. 2014 was €1.36. Kinder Morgan Energy Partners LP's Shiller PE Ratio for today is 57.35.

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

FRA:KM7' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.51   Med: 26.16   Max: 67.88
Current: 56.08

During the past years, Kinder Morgan Energy Partners LP's highest Shiller PE Ratio was 67.88. The lowest was 18.51. And the median was 26.16.

FRA:KM7's Shiller PE Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 17.82 vs FRA:KM7: 56.08

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 Energy Partners LP's adjusted earnings per share data for the three months ended in Sep. 2014 was €0.815. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.36 for the trailing ten years ended in Sep. 2014.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinder Morgan Energy Partners LP Shiller PE Ratio Historical Data

The historical data trend for Kinder Morgan Energy Partners LP'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 Energy Partners LP Shiller PE Ratio Chart

Kinder Morgan Energy Partners LP Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.93 36.43 51.61 60.53 46.16

Kinder Morgan Energy Partners LP Quarterly Data
Sep09 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 47.95 46.16 42.01 46.95 51.45

Competitive Comparison of Kinder Morgan Energy Partners LP's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Kinder Morgan Energy Partners LP'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 Energy Partners LP's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

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



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

Shiller PE Ratio=Share Price/ E10
=78.00/1.36
=57.35

* 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 Energy Partners LP's E10 for the quarter that ended in Sep. 2014 is calculated as:

For example, Kinder Morgan Energy Partners LP's adjusted earnings per share data for the three months ended in Sep. 2014 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=0.815/100.4278*100.4278
=0.815

Current CPI (Sep. 2014) = 100.4278.

Kinder Morgan Energy Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200409 0.483 80.121 0.605
200412 0.186 80.290 0.233
200503 0.409 81.555 0.504
200506 0.411 82.062 0.503
200509 0.466 83.876 0.558
200512 0.072 83.032 0.087
200603 0.440 84.298 0.524
200606 0.442 85.606 0.519
200609 0.330 85.606 0.387
200612 0.879 85.142 1.037
200703 0.249 86.640 0.289
200706 0.268 87.906 0.306
200709 0.173 87.964 0.198
200712 0.831 88.616 0.942
200803 0.406 90.090 0.453
200806 0.418 92.320 0.455
200809 0.335 92.307 0.364
200812 0.139 88.697 0.157
200903 0.115 89.744 0.129
200906 0.236 91.003 0.260
200909 0.295 91.120 0.325
200912 0.181 91.111 0.200
201003 -0.059 91.821 -0.065
201006 0.720 91.962 0.786
201012 0.320 92.474 0.348
201103 0.128 94.283 0.136
201106 -0.001 95.235 -0.001
201109 -0.182 95.727 -0.191
201112 -0.011 95.213 -0.012
201203 -0.250 96.783 -0.259
201206 -0.422 96.819 -0.438
201209 -0.001 97.633 -0.001
201212 1.321 96.871 1.370
201303 0.749 98.209 0.766
201306 1.069 98.518 1.090
201309 0.441 98.790 0.448
201312 1.342 98.326 1.371
201403 0.484 99.695 0.488
201406 0.316 100.560 0.316
201409 0.815 100.428 0.815

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 Energy Partners LP  (FRA:KM7) 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 Energy Partners LP Shiller PE Ratio Related Terms

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


Kinder Morgan Energy Partners LP (FRA:KM7) Business Description

Traded in Other Exchanges
N/A
Address
Kinder Morgan Energy Partners LP is a Delaware limited partnership formed in August 1992. The Company is engaged in pipeline transportation and energy storage company in North America. They own an interest in or operate approximately 52,000 miles of pipelines and 180 terminals. Its pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and its terminals store petroleum products, ethanol and chemicals, and handle such products as coal, petroleum coke and steel. They are also the producer and transporter of CO2, for enhanced oil recovery projects in North America. Its operations are conducted through our five operating limited partnerships and their subsidiaries and are grouped into five reportable business segments: Natural Gas Pipelines—consists of approximately 40,000 miles of natural gas transmission pipelines and gathering lines, plus natural gas storage, treating and processing facilities, through which natural gas is gathered, transported, stored, treated, processed and sold; O2—which produces, markets and transports, through approximately 1,500 miles of pipelines, CO2 to oil fields that use CO2 to increase production of oil; owns interests in and/or operate four primary oil fields in West Texas; and owns and operates a 450-mile crude oil pipeline system in West Texas; Products Pipelines—consists of approximately 9,000 miles of refined petroleum products and crude oil and condensate pipelines that deliver refined petroleum products (gasoline, diesel fuel and jet fuel), NGL, crude oil, condensate and bio-fuels to various markets; plus approximately 62 associated product terminals and petroleum pipeline transmix processing facilities serving customers across the U.S.; Terminals—consists of approximately 122 owned or operated liquids and bulk terminal facilities and approximately 10 rail transloading and materials handling facilities located throughout the U.S. and portions of Canada, which together transload, store and deliver a wide variety of bulk, petroleum, petrochemical and other liquids products for customers across the U.S. and Canada; and Kinder Morgan Canada—transports crude oil and refined petroleum products through approximately 800 miles of pipelines from Alberta, Canada to marketing terminals and refineries in British Columbia and the state of Washington; plus five associated product terminal facilities. The Company's business operations are subject to federal, state, provincial and local laws and regulations relating to environmental protection, pollution and human health and safety in the U.S. and Canada.

Kinder Morgan Energy Partners LP (FRA:KM7) Headlines

No Headlines