SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Targa Resources Corp. (TRGP) trades at a trailing P/E of 28.7, forward P/E of 23.7. Trailing earnings yield is 3.49%, forward earnings yield 4.22%. PEG 0.59 (Peter Lynch undervalued ≤1.0). Graham Number is $53.58.
Criteria proven by this page:
- VALUE (43/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
- Forward P/E 23.7 (down from trailing 28.7) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 0.59 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 3.49% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 4.22% as earnings recover.
- Analyst consensus target $234.80 (-1.9% downside) — slight downside risk — the market may be ahead of analyst expectations.
Overall SharesGrow Score: 58/100 with 2/7 criteria passed.
SharesGrow 7-Criteria Score
~
VALUE
43/100
Price-to-Earnings & upside
Proven by this page
✗
HEALTH
17/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — TRGP
Valuation Multiples
P/E (TTM)28.7
Forward P/E23.7
PEG Ratio0.59
Forward PEG1.29
P/B Ratio17.24
P/S Ratio3.09
EV/EBITDA14.5
Per Share Data
EPS (TTM)$8.58
Forward EPS (Est.)$10.09
Book Value / Share$14.88
Revenue / Share$79.70
FCF / Share$2.72
Yields & Fair Value
Earnings Yield3.49%
Forward Earnings Yield4.22%
Dividend Yield1.63%
Graham Number$53.58
SharesGrow IV$185.84 (-22.3%)
Analyst Target$234.80 (-1.9%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
-55.3 |
0.21 |
1.97 |
1.56 |
5.46% |
| 2017 |
183.4 |
-2.22 |
1.61 |
1.12 |
8.51% |
| 2018 |
5,047.3 |
70.45 |
1.33 |
0.77 |
11.25% |
| 2019 |
-45.4 |
-0.27 |
1.93 |
1.09 |
10.16% |
| 2020 |
-3.9 |
-0.01 |
2.31 |
0.74 |
6.46% |
| 2021 |
167.7 |
-1.69 |
5.94 |
0.68 |
1.57% |
| 2022 |
14.6 |
0.00 |
6.27 |
0.77 |
2.27% |
| 2023 |
23.6 |
-3.60 |
7.12 |
1.25 |
2.19% |
| 2024 |
31.0 |
0.55 |
15.16 |
2.36 |
1.57% |
| 2025 |
21.5 |
0.45 |
12.93 |
2.31 |
2.06% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$-1.01 |
$6.69B |
$-187.3M |
-2.8% |
| 2017 |
$-0.31 |
$8.81B |
$54M |
0.6% |
| 2018 |
$0.01 |
$10.48B |
$1.6M |
0% |
| 2019 |
$0.18 |
$8.67B |
$41.2M |
0.5% |
| 2020 |
$-5.71 |
$8.26B |
$-1.33B |
-16% |
| 2021 |
$1.85 |
$16.95B |
$422.1M |
2.5% |
| 2022 |
$3.88 |
$20.93B |
$896.8M |
4.3% |
| 2023 |
$3.66 |
$16.06B |
$1.35B |
8.4% |
| 2024 |
$5.74 |
$16.38B |
$1.28B |
7.8% |
| 2025 |
$8.52 |
$17.14B |
$1.84B |
10.8% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$10.02 |
$9.34 – $10.31 |
$20.47B |
$17.62B – $21.88B |
8 |
| 2027 |
$11.32 |
$9.97 – $12.53 |
$22.64B |
$18.64B – $25.06B |
8 |
| 2028 |
$13.06 |
$11.55 – $15.13 |
$23.16B |
$22.62B – $23.7B |
9 |
| 2029 |
$14.24 |
$10.67 – $16.15 |
$23.63B |
$19.07B – $26.06B |
3 |
| 2030 |
$15.63 |
$11.71 – $17.72 |
$18.43B |
$14.88B – $20.33B |
3 |
