Historical Valuation
Targa Resources Corp (TRGP) is now in the Fair zone, suggesting that its current forward PE ratio of 20.51 is considered Fairly compared with the five-year average of 17.79. The fair price of Targa Resources Corp (TRGP) is between 130.12 to 186.53 according to relative valuation methord.
Relative Value
Fair Zone
130.12-186.53
Current Price：176.76
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
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 10.86 , the current P/B ratio is approximately 36.49% higher. Relative to its 5-year average P/B ratio of 8.88, the current P/B ratio is about 66.94% 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 2.88%, the current FCF yield is approximately -44.31% lower. Relative to its 5-year average FCF yield of 6.90% , the current FCF yield is about -76.78% lower.
P/B
Median3y
10.86
Median5y
8.88
FCF Yield
Median3y
2.88
Median5y
6.90
Competitors Valuation Multiple
AI Analysis for TRGP
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 8.13%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for TRGP
1Y
3Y
5Y
Market capitalization of TRGP increased by 0.00% over the past 1 year. 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 is driven by Unknown.
People Also Watch
Frequently Asked Questions
Is TRGP currently overvalued or undervalued?
Targa Resources Corp (TRGP) is now in the Fair zone, suggesting that its current forward PE ratio of 20.51 is considered Fairly compared with the five-year average of 17.79. The fair price of Targa Resources Corp (TRGP) is between 130.12 to 186.53 according to relative valuation methord.
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 130.12 to 186.53 according to relative valuation methord.
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 8.13%, this premium appears unsustainable.
What is the current P/B ratio for Targa Resources Corp (TRGP) as of Jan 09 2026?
As of Jan 09 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 Jan 09 2026?
As of Jan 09 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 Jan 09 2026?
As of Jan 09 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 Jan 09 2026?
As of Jan 09 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.