TRTX
TPG RE Finance Trust
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: TRTX
- PE Ratio
The current price-to-earnings ratio for TPG RE Finance Trust stock as of Jul 2, 2026 is 13.33. This is calculated based on the current EPS of $0.63 and the stock price of $8.4 per share. The current PE ratio is nearly the same as the last four quarters average.
TRTX PE ratio history
The average historical PE ratio of TPG RE Finance Trust for the last nine years is 12.92. The current P/E ratio of 13.33 is 3.2% higher than the historical average. In the past nine years, TRTX's PE ratio peaked in the Sep 2021 quarter at 25.27, when the stock price was $12.38 and the EPS was $0.49. The lowest point was in the Mar 2021 quarter, when it reached 8.36 with a price of $11.2 and an EPS of $1.34.
TPG RE Finance Trust PE ratio by year
Maximum annual increase: 33.36% in 2025
Maximum annual decrease: -1.83% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 15.11 | 33.36% | $8.61 | $0.57 |
| 2024 | 11.33 | N/A | $8.5 | $0.75 |
| 2023 | N/A | N/A | $6.5 | -$1.69 |
| 2022 | N/A | N/A | $6.79 | -$0.95 |
| 2021 | 13.39 | N/A | $12.32 | $0.92 |
| 2020 | N/A | N/A | $10.62 | -$2.03 |
| 2019 | 11.72 | 9.02% | $20.27 | $1.73 |
| 2018 | 10.75 | -1.83% | $18.28 | $1.7 |
| 2017 | 10.95 | N/A | $19.05 | $1.74 |
| 2016 | N/A | N/A | N/A | $1.69 |
| 2015 | N/A | N/A | N/A | $1.81 |
TPG RE Finance Trust PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 12.4 | -17.94% | $7.81 | $0.63 |
| Dec 2025 | 15.11 | 14.73% | $8.61 | $0.57 |
| Sep 2025 | 13.17 | 10.86% | $8.56 | $0.65 |
| Jun 2025 | 11.88 | 2.06% | $7.72 | $0.65 |
| Mar 2025 | 11.64 | 2.74% | $8.15 | $0.7 |
| Dec 2024 | 11.33 | -8.33% | $8.5 | $0.75 |
| Sep 2024 | 12.36 | N/A | $8.53 | $0.69 |
| Jun 2024 | N/A | N/A | $8.64 | -$0.37 |
| Mar 2024 | N/A | N/A | $7.72 | -$1.57 |
| Dec 2023 | N/A | N/A | $6.5 | -$1.69 |
| Sep 2023 | N/A | N/A | $6.73 | -$1.29 |
| Jun 2023 | N/A | N/A | $7.41 | -$1.98 |
| Mar 2023 | N/A | N/A | $7.26 | -$1.15 |
| Dec 2022 | N/A | N/A | $6.79 | -$0.95 |
| Sep 2022 | N/A | N/A | $7 | -$0.83 |
TRTX Price vs fair value
TRTX average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, TRTX's PE ratio is higher than its 3-year historical average, but it is lower than the 5-year average.
PE comparison
TPG RE Finance Trust's P/E of 13.33 is above the industry average but below the Real Estate sector average. In comparison with its Real Estate sector average of 25.41, TPG RE Finance Trust's P/E is 48% lower.
TRTX PE vs peers
In comparison to its peer stock OCSL, TRTX's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TRTX TPG RE Finance Trust Inc | 13.33 | $649.39M |
| OCSL Oaktree Specialty Lending Corp | 21.4 | $1.07B |
| OFS OFS Capital Corp | N/A | $48.37M |
Frequently asked questions
What is TPG RE Finance Trust's PE ratio?
The price to earnings ratio for TRTX stock is 13.33 as of Jul 2, 2026.
What is the 3-year average PE ratio for TPG RE Finance Trust (TRTX)?
As an average over the last 3 years, TRTX stock has a PE ratio of 12.56.
What is the 5-year average PE ratio for TPG RE Finance Trust (TRTX)?
As an average over the last 5 years, TRTX stock has a PE ratio of 13.53.
What is the highest PE ratio for TRTX?
The highest quarterly PE ratio in the last nine years has been 25.27 and it was in the Sep 2021 quarter.
How does the current PE ratio for TRTX compare to its historical average?
The current price to earnings ratio of TRTX is 3.2% higher than the 9-year historical average.
How is TRTX's PE ratio calculated (TPG RE Finance Trust PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 2, 2026), TPG RE Finance Trust's stock price is $8.4. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.63. Therefore, TPG RE Finance Trust's PE ratio for today is 13.33. PE RATIO(13.33) = STOCK PRICE($8.4) / TTM EPS($0.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.