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GuruFocus has detected 6 Warning Signs with Targa Resources Corp $TRGP.
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Targa Resources Corp (NYSE:TRGP)
EV-to-Revenue
2.41 (As of Today)

EV/Revenue ratio is calculated as enterprise value divided by its revenue. As of today, Targa Resources Corp's enterprise value is $16,127 Mil. Targa Resources Corp's revenue for the trailing twelve months (TTM) ended in Dec. 2016 was $6,691 Mil. Therefore, Targa Resources Corp's EV/Revenue ratio for today is 2.41.

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV/Revenue is a similar ratio to P/S Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today, Targa Resources Corp's stock price is $55.91. Targa Resources Corp's revenue per share for the trailing twelve months (TTM) ended in Dec. 2016 was $46.20. Therefore, Targa Resources Corp's P/S Ratio for today is 1.21.


Definition

EV/Revenue is a similar ratio to P/S Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Targa Resources Corp's EV/Revenue for today is calculated as:

EV/Revenue=Enterprise Value (Today)/Revenue (TTM)
=16127.030/6690.8
=2.41

Targa Resources Corp's current Enterprise Value is $16,127 Mil.
Targa Resources Corp's Revenue for the trailing twelve months (TTM) ended in Dec. 2016 was 1442.4 (Mar. 2016 ) + 1583.6 (Jun. 2016 ) + 1652.3 (Sep. 2016 ) + 2012.5 (Dec. 2016 ) = $6,691 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Targa Resources Corp's P/S Ratio for today is calculated as:

P/S Ratio=Share Price (Today)/Revenue Per Share (TTM)
=55.91/46.2
=1.21

Targa Resources Corp's share price for today is $55.91.
Targa Resources Corp's Revenue Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was 13.531 (Mar. 2016 ) + 9.8 (Jun. 2016 ) + 9.835 (Sep. 2016 ) + 13.034 (Dec. 2016 ) = $46.20.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Enterprise Value, Revenue, P/S Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Targa Resources Corp Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2rev 0.000.000.000.620.621.101.341.141.822.31

Targa Resources Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2rev 1.261.142.042.051.951.821.601.992.222.31
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