PE Ratio: 25.55

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

Is the P/E ratio high or low?

The P/E ratio of 25.55 is 29% below its 5-year average of 36.23, near the low end of its 5-year range (17.10–93.75).

As of Friday, August 7, 2026. 1.10% below its 12-month average of 25.83.

PE Ratio (25.55) = Close Price ($260.98) / Diluted TTM EPS ($10.21)

TRGP PE Ratio Metrics

P/E vs. its own history

At 25.6, P/E is cheaper than usual, sitting higher than 20% of its 16-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

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

The P/E ratio for TRGP stock is 25.55.

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

The P/E ratio of 25.55 is 29% below its 5-year average of 36.23, near the low end of its 5-year range (17.10–93.75).

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

The TTM average P/E ratio for TRGP stock is 25.83.

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

The 3Y average P/E ratio for TRGP stock is 27.73.

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

The 5Y average P/E ratio for TRGP stock is 28.83.

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

The 10Y average P/E ratio for TRGP stock is 42.94.

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

The 15Y average P/E ratio for TRGP stock is 49.17.

Showing the most recent 260 of 2,848 data points. The chart above shows the full history.

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