Intrinsic Value of S&P & Nasdaq Contact Us

Targa Resources Corp. TRGP

NYSE

SharesGrow Score
58/100
2/7 Pass
SharesGrow Intrinsic Value
$185.84
-22.3%
Analyst Price Target
$234.80
-1.9%

Targa Resources Corp. (TRGP) current share price is $239.28. The gold spot price is $4,808.10 per troy ounce. Using the formula: TRGP in gold = $239.28 × 31.1035 ÷ $4,808.10 = 1.5479 grams of gold per share.

The Real Wealth Growth Rate measures the Compound Annual Growth Rate (CAGR) of TRGP when denominated in gold. A positive rate means the stock has outperformed gold as a store of value, while a negative rate indicates gold has been a better wealth preserver than holding TRGP shares over the measured period.

TRGP in US Dollars
Gold in US Dollars
TRGP in Gold (grams per share)

Real Wealth Growth Rate

TRGP
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{TRGP}_{\text{gold}}(t) = \frac{P_{\text{TRGP}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{TRGP}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{TRGP}_{\text{gold}}^{(T)}}{\text{TRGP}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{TRGP}_\text{gold}^{(0)}$ = initial gold-price, $\text{TRGP}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

People Also View

ET
ET
Energy Transfer LP
$18.73
-0.64%
MPLX
MPLX
MPLX Lp
$55.01
-1.89%
OXY
OXY
Occidental Petroleum Corporation
$55.38
-4.62%
OKE
OKE
ONEOK, Inc.
$84.84
-0.57%
FANG
FANG
Diamondback Energy, Inc.
$186.51
-1.37%
CVE
CVE
Cenovus Energy Inc.
$25.72
-2.24%
WDS
WDS
Woodside Energy Group Ltd
$23.63
-1.29%
EQT
EQT
EQT Corporation
$56.73
-1.69%
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message