Targa Resources (TRGP) Price to Book (2010 - 2026)
Targa Resources' (TRGP) quarterly Price to Book came in at 15.15 in Q2 2026, up 9.48% year-over-year from 13.84 in Q2 2025, and down 8.03% quarter-over-quarter from 16.47 in Q1 2026.
Analysis
Targa Resources (TRGP) Price to Book (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Price to Book for 17 consecutive years, with 15.15 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book rose 9.48% year-over-year to 15.15 in Q2 2026; TTM through Jun 2026 was 15.15, a 9.48% increase from a year earlier, with the FY2025 full-year figure at 12.38, up 40.76% from the prior year.
- Price to Book was 15.15 for Q2 2026 at Targa Resources, down from 16.47 in the prior quarter.
- Over five years, Price to Book peaked at 16.95 in Q1 2025 and troughed at 2.89 in Q3 2022.
- A 5-year average of 8.06 and a median of 5.96 in 2024 frame the typical range for Price to Book.
- Across the five-year window, Price to Book soared 226.08% in 2022 and retreated 12.78% in 2023, its largest moves.
- Over 5 years, Price to Book stood at 3.33 in 2022, then climbed by 25.79% to 4.19 in 2023, then soared by 109.73% to 8.8 in 2024, then surged by 40.76% to 12.38 in 2025, then gained by 22.32% to 15.15 in 2026.
- The last three Price to Book figures came in at 15.15 (Q2 2026), 16.47 (Q1 2026), and 12.38 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.15 |
| Mar 31, 2026 | 16.47 |
| Dec 31, 2025 | 12.38 |
| Sep 30, 2025 | 12.70 |
| Jun 30, 2025 | 13.84 |
| Mar 31, 2025 | 16.95 |
| Dec 31, 2024 | 8.80 |
| Sep 30, 2024 | 7.25 |
| Jun 30, 2024 | 6.49 |
| Mar 31, 2024 | 5.43 |
| Dec 31, 2023 | 4.19 |
| Sep 30, 2023 | 4.37 |
| Jun 30, 2023 | 3.76 |
| Mar 31, 2023 | 3.74 |
| Dec 31, 2022 | 3.33 |
| Sep 30, 2022 | 2.89 |
| Jun 30, 2022 | 3.08 |
| Mar 31, 2022 | 4.29 |
| Dec 31, 2021 | 2.30 |
| Sep 30, 2021 | 2.09 |