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Screener Weekly Summary Pricing

Targa Resources, Inc. TRGP

Energy  —  Oil & Gas Midstream
277.84 (5.31) (1.88%) as of 25 Sep
Market cap
$60.7B
P/E
26.5×
S&P 500 Member Dividend Champion (5y) Cash Flow Champion (5y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Targa Resources, Inc. (TRGP) P/B ratio

As of 25 September 2026, Targa Resources, Inc. (TRGP) trades at a P/B ratio of 15.7×. Over the past ten years it has ranged from 0.1× (March 2020) to 18.2× (May 2026); the current reading is higher than 96% of that period. That is above the Oil & Gas Midstream industry median of 2.1× and above the Energy sector median of 1.5×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 12.5× 40.13%
FY2024 8.9× 111.29%
FY2023 4.2× 30.63%
FY2022 3.2× 39.77%
FY2021 2.3× 122.24%
FY2020 1.0× (7.72%)
FY2019 1.1× 4.01%
FY2018 1.1× (28.10%)
FY2017 1.5× (3.87%)
FY2016 1.6× 575.26%

Quarterly

Period P/B ratio Change
Jun 2026 15.2× (7.98%)
Mar 2026 16.5× 32.15%
Dec 2025 12.5× (2.02%)
Sep 2025 12.7× (8.51%)
42 more quarters

Against its own ten years

Low 0.1× High 18.2×
Ten-year median 1.6×
Current reading's percentile 96

P/B ratio against peers

Company P/B ratio
ET Energy Transfer LP compare 1.5×
KMI Kinder Morgan, Inc. compare 2.1×
TRP TC Energy Corporation compare 2.4×
OKE ONEOK, Inc. compare 2.4×
EPD Enterprise Products Partners L.P. compare 2.6×
MPLX MPLX LP compare 4.0×
LNG Cheniere Energy, Inc. compare 4.9×
WMB Williams Companies, Inc. (The) compare 5.5×
TRGP Targa Resources, Inc. 15.7×
Oil & Gas Midstream industry median 2.1×
Energy sector median 1.5×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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