Targa Resources
TRGP
$270.31
Share price
0.35%
Change (1 day)
78.71%
Change (1 year)
Targa Resources (TRGP) - P/B ratio
P/B ratio as of April 2025 : 9.87
According to Targa Resources
's latest financial reports the company has a price-to-book ratio of 2.66271.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Targa Resources - P/B ratio (from 2010 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | 8.75 | 108.34% |
| 2023-12-31 | 4.20 | 25.81% |
| 2022-12-31 | 3.34 | 44.59% |
| 2021-12-31 | 2.31 | 125.69% |
| 2020-12-31 | 1.02 | -9.11% |
| 2019-12-31 | 1.13 | 0.76% |
| 2018-12-31 | 1.12 | -27.69% |
| 2017-12-31 | 1.55 | -12.75% |
| 2016-12-31 | 1.77 | 630.27% |
| 2015-12-31 | 0.2425 | -86.22% |
| 2014-12-31 | 1.76 | -0.99% |
| 2013-12-31 | 1.78 | 39.46% |
| 2012-12-31 | 1.27 | -1.69% |
| 2011-12-31 | 1.30 | 18.45% |
| 2010-12-31 | 1.09 | |
| 2009-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | P/B ratio differencediff. | Country |
|---|---|---|---|
 | 1.92 | -80.52% | 🇺🇸 USA |
 | 2.50 | -74.69% | 🇺🇸 USA |
 | 2.02 | -79.54% | 🇨🇦 Canada |
 | 0.7910 | -91.99% | 🇮🇹 Italy |
 | 0.7588 | -92.31% | 🇺🇸 USA |
 | 1.91 | -80.68% | 🇺🇸 USA |