GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Targa Exploration Corp (XCNQ:TEX) » Definitions » PEG Ratio

Targa Exploration (XCNQ:TEX) PEG Ratio : N/A (As of Sep. 22, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Targa Exploration PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Targa Exploration's PE Ratio without NRI is 0.00. Targa Exploration's 5-Year EBITDA growth rate is 0.00%. Therefore, Targa Exploration's PEG Ratio for today is N/A.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Targa Exploration's PEG Ratio or its related term are showing as below:



XCNQ:TEX's PEG Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.21
* Ranked among companies with meaningful PEG Ratio only.

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Targa Exploration PEG Ratio Historical Data

The historical data trend for Targa Exploration's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Targa Exploration PEG Ratio Chart

Targa Exploration Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
PEG Ratio
- - - - -

Targa Exploration Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Targa Exploration's PEG Ratio

For the Other Industrial Metals & Mining subindustry, Targa Exploration's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Targa Exploration's PEG Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Targa Exploration's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Targa Exploration's PEG Ratio falls into.



Targa Exploration PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Targa Exploration's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=/0.00
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Targa Exploration  (XCNQ:TEX) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Targa Exploration PEG Ratio Related Terms

Thank you for viewing the detailed overview of Targa Exploration's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Targa Exploration Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7
Targa Exploration Corp is engaged in the acquisition, exploration, and development of mineral properties in Canada and currently has an interest in the Shanghai property located in the Mayo Mining District, Yukon Territory. The projects of the company include the Opinaca lithium project, Superior lithium projects, Shanghai gold-silver project, and others.
Executives
Andrew Rockandel Director