PB Ratio: 18.39

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 18.39 is 70% above its 5-year average of 10.84, near the high end of its 5-year range (4.35–19.58).

16.02% above its 12-month average of 15.85.

TRGP PB Ratio Metrics

P/B vs. its own history

At 18.39, P/B is richer than usual, sitting higher than 85% of its 15-year history.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Targa Resources Corp. (TRGP)?

The P/B ratio for TRGP stock is 18.39.

Is Targa Resources Corp.'s P/B ratio high or low?

The P/B ratio of 18.39 is 70% above its 5-year average of 10.84, near the high end of its 5-year range (4.35–19.58).

What is the TTM average P/B ratio for Targa Resources Corp. (TRGP)?

The TTM average P/B ratio for TRGP stock is 15.85.

What is the 3Y average P/B ratio for Targa Resources Corp. (TRGP)?

The 3Y average P/B ratio for TRGP stock is 13.21.

What is the 5Y average P/B ratio for Targa Resources Corp. (TRGP)?

The 5Y average P/B ratio for TRGP stock is 10.84.

What is the 10Y average P/B ratio for Targa Resources Corp. (TRGP)?

The 10Y average P/B ratio for TRGP stock is 6.35.

What is the 15Y average P/B ratio for Targa Resources Corp. (TRGP)?

The 15Y average P/B ratio for TRGP stock is 8.84.

Showing the most recent 260 of 3,862 data points. The chart above shows the full history.

Related Metrics