PE Ratio: 27.56

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 27.56 is in line with its 5-year average of 28.27, near the low end of its 5-year range (17.10–93.75).

As of 2026-09-22T00:16:31.198Z. 5.09% above its 12-month average of 26.22.

PE Ratio (27.56) = Close Price ($289.36) / Diluted TTM EPS ($10.50)

TRGP PE Ratio Metrics

P/E vs. its own history

At 27.6, P/E is below its 16-year median — higher than 23% of readings in 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 27.56.

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

The P/E ratio of 27.56 is in line with its 5-year average of 28.27, 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 26.22.

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

The 3Y average P/E ratio for TRGP stock is 27.90.

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

The 5Y average P/E ratio for TRGP stock is 28.27.

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

The 10Y average P/E ratio for TRGP stock is 42.14.

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

The 15Y average P/E ratio for TRGP stock is 49.02.

Showing the most recent 260 of 2,873 data points. The chart above shows the full history.

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