TRGP Targa Resources PEG ratio, current and historical analysis

  1. Stocks
  2. Energy
  3. NYSE: TRGP
  4. PEG Ratio
Sign up for free to view scoring metrics ?
Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 79

Based on the most recent data from Aug 14, 2026, TRGP's PEG ratio comes in at 0.53. This metric factors in a PE of 26.29 with an earnings growth rate of 49.9%. Relative to the 0.49 average from the previous four quarters, the PEG ratio has increased by 9%.

TRGP PEG ratio history

How has TRGP's PEG ratio performed in the past

Looking at the last nine years, TRGP's PEG ratio has has been around 0.76 on average. At 0.53, today's PE to growth ratio sits 30% below its historical average. Within the last nine years, the Jun 2022 quarter recorded the highest PEG value at 4.34. At 0, the Dec 2022 quarter showed the minimum PEG ratio in this period.

Today
0.53
Average
0.76
Median
0.51
Minimum
0
Maximum
4.34

Targa Resources PEG ratio by year

Year PEG ratio PE ratio Growth YoY
2025 0.45 21.65 47.7%
2024 0.55 30.94 56.4%
2023 N/A 23.54 -6.6%
2022 0 18.61 5,742.9%
2021 N/A N/A 99%
2020 N/A N/A -404.2%
2019 N/A N/A -171.7%
2018 N/A N/A -71%
2017 N/A N/A 82.8%
2016 N/A N/A -265.1%
2015 N/A 24.83 -55.3%
2014 0.77 43.46 56.4%
2013 0.83 56.52 67.7%
2012 2.37 56.82 24%
2011 0.53 54.25 102.4%

Targa Resources PEG ratio by quarter (TTM)

Year PEG ratio PE ratio Growth YoY
Jun 2026 0.51 25.56 49.9%
Mar 2026 0.32 25.51 80%
Dec 2025 0.45 21.65 47.7%
Sep 2025 0.67 22.49 33.5%
Jun 2025 0.54 24.87 46.1%
Mar 2025 3.14 36.72 11.7%
Dec 2024 0.55 30.94 56.4%
Sep 2024 0.59 26.53 44.9%
Jun 2024 0.95 26.89 28.4%
Mar 2024 0.94 22.9 24.4%
Dec 2023 N/A 23.54 -6.6%
Sep 2023 0.09 22.26 256.5%
Jun 2023 0.07 20.4 301.1%
Mar 2023 0.02 18.56 801.8%
Dec 2022 0 18.61 5,742.9%

TRGP average PEG ratio chart

What is the average PEG ratio of TRGP for the past years

Measured against past performance, TRGP's PEG ratio is below the 3, 5 and 10-year averages.

3-year avg
0.8
5-year avg
0.84
10-year avg
0.76
15-year avg
0.91

PEG comparison

Targa Resources's PEG of 0.53 is above the Energy sector and the industry average. Compared to its Energy sector average of 0.41, Targa Resources's PEG is 29% higher.

TRGP EPS growth

Earnings per share growth rates over time chart

TRGP Price vs fair value

How does TRGP's price compare to its estimated fair value based on its growth

TRGP PEG vs peers

What is TRGP's PEG ratio compared to its peers

Compared to its peer stocks XOM and CVX, TRGP's PEG ratio sits lower.

Frequently asked questions

What is Targa Resources's PEG ratio?

TRGP shows a PEG ratio of 0.53, per Aug 14, 2026 data.

What is the 3-year average PEG ratio for Targa Resources (TRGP)?

TRGP has a 3-year average PEG ratio of 0.8.

What is the 5-year average PEG ratio for Targa Resources (TRGP)?

TRGP has a 5-year average PEG ratio of 0.84.

What is the highest PEG ratio for TRGP?

The Jun 2022 quarter marked the nine years high at 4.34 for TRGP's PEG ratio.

How does the current PEG ratio for TRGP compare to its historical average?

TRGP currently has a PEG ratio 30% below its 9-year average.

How is TRGP's PEG ratio calculated (Targa Resources PEG ratio formula)?

To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Aug 14, 2026, Targa Resources has a P/E ratio of 26.29. Earnings grew at 49.9% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.53. PEG RATIO(0.53) = PE RATIO(26.29) / EPS GROWTH(49.9%)

All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.