Targa Resources (TRGP) Price to Book (2010 - 2026)
Targa Resources' (TRGP) Price to Book was 15.15 for Q2 2026, up 9.5% from 13.84 a year earlier but down 8.0% from the prior quarter.
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Analysis
Targa Resources (TRGP) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Price to Book at Targa Resources was 12.38, up 40.8% from FY2024.
- Price to Book has increased for five consecutive years.
- By year, Price to Book came in at 8.80 in FY2024 (+109.7%), 4.19 in FY2023 (+25.8%), 3.33 in FY2022 (+44.8%) and 2.30 in FY2021 (+125.9%).
- Five-year quarterly Price to Book spans a low of 2.09 in Q3 2021 and a high of 16.95 in Q1 2025.
- Year over year, Price to Book gained in seven of the last eight quarters, with growth averaging 77.9%.
- The high point for year-over-year Price to Book in five years was Q3 2021 (growth of 295.6%); the low point was Q1 2023 (a decline of 12.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.47 (Q1 2026), 12.38 (Q4 2025) and 12.70 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 103.45 Bn | 99.04 Bn | 4.84 Bn |
| 2 | Williams Companies | 84.55 Bn | 83.26 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.54 Bn | - |
| 4 | Kinder Morgan | 72.32 Bn | 72.03 Bn | 3.07 Bn |
| 5 | Energy Transfer | 68.42 Bn | 61.61 Bn | 7.40 Bn |
| 6 | Tc Energy | 63.64 Bn | 59.72 Bn | 2.81 Bn |
| 7 | Targa Resources | 60.67 Bn | 60.15 Bn | 2.14 Bn |
| 8 | Mplx | 58.31 Bn | 51.87 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 58.09 Bn | 52.92 Bn | 5.29 Bn |
| 10 | Oneok | 57.52 Bn | 55.91 Bn | 2.81 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 |
API Access
Targa Resources Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();