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TRGP
Volume: 631.6K
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Targa Resources (TRGP) P/E Ratio

P/E Ratio as of Jun 30, 2025: 31.99

Average30.95
Median31.09
Minimum29.52
Maximum32.31
31.99
Past Month+2.97 (10.23%)
The P/E ratio for Targa Resources (TRGP) is 31.99 as of Jun 30, 2025. This represents a decrease of -0.40% compared to its 12-month average P/E ratio of 32.12. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.

Targa Resources P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)

Targa Resources’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Targa Resources to industry peers.

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Targa Resources (TRGP) P/E Ratio Historic Data

DateStock priceP/E ratio
Jun 2, 2025$162.3529.83
May 1, 2025$162.3428.22
Apr 1, 2025$203.0735.29
Mar 3, 2025$195.6834.01
Feb 3, 2025$201.7336.35
Jan 2, 2025$183.0632.98

Targa Resources (TRGP) End of Year P/E Ratio

DateP/E ratioChange
202531.99-0.53%
202432.16+42.05%
202322.64-68.16%
202271.10-139.06%
2021-182.02+4,886.85%
2020-3.65—

FAQs About Targa Resources (TRGP) P/E ratio

The latest P/E ratio of Targa Resources (TRGP) is 31.99, as of Jun 30, 2025. This is calculated based on its current stock price and earnings per share (EPS).

Targa Resources’s last 12-month average P/E ratio is 32.12, compared to its current P/E ratio of 31.99. This reflects a decrease of -0.40%.

Targa Resources’s current P/E ratio of 31.99 is lower than its last 12-month average P/E of 32.12. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.

Targa Resources’s average P/E ratio over the last 3 years is 34.16. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.

Targa Resources’s average P/E ratio over the last 5 years is 11.42. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.

Targa Resources (TRGP)

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