Targa Resources Corp (TRGP) has a current Price-to-Book (P/B) ratio of 14.82. Compared to its 3-year average P/B ratio of 11.09, the current P/B ratio is approximately 33.67% higher. Relative to its 5-year average P/B ratio of 9.06, the current P/B ratio is about 63.67% higher. Targa Resources Corp (TRGP) has a Forward Free Cash Flow (FCF) yield of approximately 1.60%. Compared to its 3-year average FCF yield of 2.71%, the current FCF yield is approximately -40.87% lower. Relative to its 5-year average FCF yield of 6.77%, the current FCF yield is about -76.33% lower.

Competitors Valuation Multiple

AI Analysis

The average P/S ratio for TRGP competitors is 2.94, providing a benchmark for relative valuation. Targa Resources Corp Corp (TRGP.N) exhibits a P/S ratio of 2.38, which is -18.94% above the industry average. Given its robust revenue growth of -9.22%, this premium appears unsustainable.

P/E

P/S

EV/EBITDA

EV/EBIT

Earnings Growth

Market Cap

Performance Decomposition

AI Analysis

Market capitalization of TRGP increased by 0.00% over the past 1 year(s). The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.

The secondary factor is the Unknown, contributed 0.00% to the performance.

Overall, the performance of TRGP in the past 1 year(s) is driven by Unknown.

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Frequently Asked Questions

Is TRGP currently overvalued or undervalued?

What is Targa Resources Corp (TRGP) fair value?

TRGP's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. The fair price of Targa Resources Corp (TRGP) is between 176.93 to 253.87 according to relative valuation method.

How does TRGP's valuation metrics compare to the industry average?

The average P/S ratio for TRGP's competitors is 2.94, providing a benchmark for relative valuation. Targa Resources Corp Corp (TRGP) exhibits a P/S ratio of 2.38, which is -18.94% above the industry average. Given its robust revenue growth of -9.22%, this premium appears unsustainable.

What is the current P/B ratio for Targa Resources Corp (TRGP) as of Mar 03 2026?

As of Mar 03 2026, Targa Resources Corp (TRGP) has a P/B ratio of 14.82. This indicates that the market values TRGP at 14.82 times its book value.

What is the current FCF Yield for Targa Resources Corp (TRGP) as of Mar 03 2026?

As of Mar 03 2026, Targa Resources Corp (TRGP) has a FCF Yield of 1.60%. This means that for every dollar of Targa Resources Corp's market capitalization, the company generates 1.60 cents in free cash flow.

What is the current Forward P/E ratio for Targa Resources Corp (TRGP) as of Mar 03 2026?

As of Mar 03 2026, Targa Resources Corp (TRGP) has a Forward P/E ratio of 20.51. This means the market is willing to pay $20.51 for every dollar of Targa Resources Corp's expected earnings over the next 12 months.

What is the current Forward P/S ratio for Targa Resources Corp (TRGP) as of Mar 03 2026?

As of Mar 03 2026, Targa Resources Corp (TRGP) has a Forward P/S ratio of 2.38. This means the market is valuing TRGP at $2.38 for every dollar of expected revenue over the next 12 months.

TRGP Valuation