Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
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Price: 197.82 USD -0.6% Market Closed
Market Cap: 43.1B USD

P/E
Price to Earnings

33.9
Current
22.8
Median
10.4
Industry
Higher than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
33.9
=
Market Cap
42.9B USD
/
Net Income
1.3B USD

P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
24
2-Years Forward
P/E
20
3-Years Forward
P/E
17.1