Superworth

Kinder Morgan price to book ratio KMI

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026
2.4×
10-year median
1.3×
Against its 10-year history
100th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.8× to 2.4×
Peer median
4.3×

Kinder Morgan's price to book ratio is 2.4× as of Oct 23, 2026.

That is above its ten-year median of 1.3×, higher than on 100% of days in the last ten years.

Over that time it ranged from 0.8× in Nov 2020 to 2.4× in Mar 2026.

The median for 10 oil and gas pipeline stocks of a similar size is 4.3×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far2.4×2.0×2.4×
20252.0×1.8×2.2×
20242.0×1.2×2.1×
20231.3×1.2×1.4×
20221.3×1.2×1.5×
20211.2×1.0×1.4×
20201.0×0.8×1.5×
20191.4×1.1×1.4×
20181.0×1.0×1.2×
20171.1×1.1×1.5×
20161.3×0.8×1.5×
20150.9×0.9×35.1×
201435.0×24.5×35.0×
201328.0×15.6×30.7×
201226.5×18.4×96.4×
201175.4×58.5×75.4×

Against its peers

Companies in Oil & Gas Midstream nearest Kinder Morgan's size, closest first, today.

CompanyPrice to book ratio
KMIKinder Morgan2.4×
EPDEnterprise Products Partners2.6×
ETEnergy Transfer2.0×
WMBWilliams Companies6.6×
TRGPTarga Resources17.7×
LNGCheniere Energy10.0×
OKEONEOK2.6×
MPLXMPLX Lp4.3×
VGVenture Global4.1×
CQPCheniere Energy Partners42.5×
WESWestern Midstream Partners4.4×
Peer median4.3×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Kinder Morgan

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.