TPB vs TPVG

For growth investors, TriplePoint Venture Growth BDC Corp.

(TPVG) is the stronger pick with 36. 6% revenue growth year-over-year, versus 28. 4% for Turning Point Brands, Inc. (TPB). TriplePoint Venture Growth BDC Corp. (TPVG) offers the better valuation at 4. 9x trailing P/E (6. 5x forward), making it the more compelling value choice. Analysts rate Turning Point Brands, Inc. (TPB) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, TriplePoint Venture Growth BDC Corp.

(TPVG) is the cheapest at 4. 9x versus Turning Point Brands, Inc. at 29. 0x. On forward P/E, TriplePoint Venture Growth BDC Corp. is actually cheaper at 6. 5x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Turning Point Brands, Inc. wins at 2. 67x versus TriplePoint Venture Growth BDC Corp. 's 6. 41x.

Over the past 5 years, Turning Point Brands, Inc.

(TPB) delivered a total return of +94. 5%, compared to -13. 5% for TriplePoint Venture Growth BDC Corp. (TPVG). Over 10 years, the gap is even starker: TPB returned +811. 6% versus TPVG's +93. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Turning Point Brands, Inc.

(TPB) is the lower-risk stock at 0. 57β versus TriplePoint Venture Growth BDC Corp. 's 0. 83β — meaning TPVG is approximately 46% more volatile than TPB relative to the S&P 500. On balance sheet safety, Turning Point Brands, Inc. (TPB) carries a lower debt/equity ratio of 83% versus 133% for TriplePoint Venture Growth BDC Corp. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), TriplePoint Venture Growth BDC Corp.

(TPVG) is pulling ahead at 36. 6% versus 28. 4% for Turning Point Brands, Inc. (TPB). On earnings-per-share growth, the picture is similar: TriplePoint Venture Growth BDC Corp. grew EPS 48. 8% year-over-year, compared to 45. 3% for Turning Point Brands, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

TriplePoint Venture Growth BDC Corp.

(TPVG) is the more profitable company, earning 50. 6% net margin versus 12. 6% for Turning Point Brands, Inc. — meaning it keeps 50. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TPVG leads at 77. 9% versus 20. 6% for TPB. At the gross margin level — before operating expenses — TPVG leads at 83. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Turning Point Brands, Inc. (TPB) is the more undervalued stock at a PEG of 2. 67x versus TriplePoint Venture Growth BDC Corp. 's 6. 41x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, TriplePoint Venture Growth BDC Corp. (TPVG) trades at 6. 5x forward P/E versus 35. 4x for Turning Point Brands, Inc. — 28. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TPVG: 49. 4% to $8. 95.

All stocks in this comparison pay dividends.

TriplePoint Venture Growth BDC Corp. (TPVG) offers the highest yield at 17. 1%, versus 0. 3% for Turning Point Brands, Inc. (TPB).

For long-horizon retirement investors, Turning Point Brands, Inc.

(TPB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 57), +811. 6% 10Y return). Both have compounded well over 10 years (TPB: +811. 6%, TPVG: +93. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (TPB (Consumer Defensive) and TPVG (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

TPVG pays a dividend while TPB does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.