Price Over Earnings Overview: Kinder Morgan
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Kinder Morgan Inc. (NYSE:KMI) is trading at $27.33, with a 0.51% increase. Over the past month, the stock decreased by 0.68%, and by 0.82% over the past year. Its P/E ratio of 22.29 is higher than the industry average of 19.23, suggesting potential overvaluation or better performance expectations. The P/E ratio is a useful but limited tool for assessing market performance, and should be used alongside other financial metrics and qualitative analysis for investment decisions.
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