Targa Resources
TRGP
Targa Resources (TRGP) - P/B ratio
P/B ratio as of April 2024 : 5.64
According to Targa Resources
's latest financial reports the company has a price-to-book ratio of 5.64.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.20 | 25.81% |
| 2022-12-31 | 3.34 | 65.52% |
| 2021-12-31 | 2.02 | 107.22% |
| 2020-12-31 | 0.9737 | -10.67% |
| 2019-12-31 | 1.09 | 0.74% |
| 2018-12-31 | 1.08 | -27.75% |
| 2017-12-31 | 1.50 | -12.64% |
| 2016-12-31 | 1.71 | 606.72% |
| 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 | differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 2.20 | -61.08% | 🇺🇸 USA |
 Chevron CVX | 1.89 | -66.47% | 🇺🇸 USA |
 Enbridge ENB | 1.56 | -72.29% | 🇨🇦 Canada |
 Murphy Oil
MUR | 1.28 | -77.36% | 🇺🇸 USA |
 Enterprise Products EPD | 2.20 | -61.06% | 🇺🇸 USA |
 ENI E | 0.8641 | -84.68% | 🇮🇹 Italy |