TPG RE Finance Trust, Inc. (TRTX) P/E Ratio History
Historical price-to-earnings valuation from 2017 to 2026
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TRTX Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, TPG RE Finance Trust, Inc. (TRTX) trades at a price-to-earnings ratio of 15.1x, with a stock price of $8.59 and trailing twelve-month earnings per share of $0.78.
The current P/E is 36% above its 5-year average of 11.1x. Over the past five years, TRTX's P/E has ranged from a low of 7.5x to a high of 15.3x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Real Estate sector median P/E of 24.3x, TRTX trades at a 38% discount to its sector peers. The sector includes 170 companies with P/E ratios ranging from 1.1x to 195.0x.
Relative to the broader market, TRTX trades at a notable discount to the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TRTX DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
TRTX P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 30.1 | - | +155% | |
| $1B | 20.2 | - | -41% | |
| $1B | 13.5Lowest | 0.09Best | +184%Best | |
| $705M | 14.3 | - | -22% | |
| $7B | 15.0 | 14.82 | +9% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
TRTX Historical P/E Data (2017–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $7.81 | $0.63 | 12.3x | +10% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $8.61 | $0.56 | 15.3x | +36% |
| FY2025 Q3 | $8.56 | $0.65 | 13.3x | +18% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $7.72 | $0.65 | 12.0x | +6% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $8.15 | $0.71 | 11.6x | +3% |
| FY2024 Q4 | $8.50 | $0.76 | 11.3x | -0% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $8.53 | $0.70 | 12.1x | +8% |
| FY2022 Q2 | $9.01 | $1.09 | 8.3x | -27% | |
| FY2022 Q1 | $11.81 | $1.58 | 7.5x | -34% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $12.32 | $1.59 | 7.7x | -31% |
| FY2021 Q3 | $12.38 | $1.22 | 10.1x | -10% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $13.45 | $1.29 | 10.4x | -7% |
Average P/E for displayed period: 11.3x
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Start ComparisonTRTX — Frequently Asked Questions
Quick answers to the most common questions about buying TRTX stock.
Is TRTX stock overvalued or undervalued?
TRTX trades at 15.1x P/E, above its 5-year average of 11.1x. The 95th percentile ranking indicates a premium to historical valuation.
How does TRTX's valuation compare to peers?
TPG RE Finance Trust, Inc. P/E of 15.1x compares to sector median of 24.3x. The discount suggests lower growth expectations or higher risk.
What is TRTX's PEG ratio?
TRTX PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2017-2026.