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Price / book at other companies

Blackstone Mortgage Trust logo
Blackstone Mortgage TrustBXMT
0.9×0.0×
Starwood Property Trust logo
Starwood Property TrustSTWD
-0.1×
Apollo Commercial Real Estate Finance logo
Apollo Commercial Real Estate FinanceARI
0.8×+0.1×
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
0.1×-0.1×
FBR
Franklin BSP Realty TrustFBRT
0.5×-0.1×
KKR Real Estate Finance Trust logo
KKR Real Estate Finance TrustKREF
0.5×0.0×

Other financials

Income statement

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Revenue$74.1M+4.8%
Net income$13.1M-36.3%
EPS (diluted)$0.12-42.9%

Balance sheet

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Cash & equivalents$39.5M-76.3%
Total debt$3.6B
Total equity$1.0B-4.2%
Total assets$4.6B+10.4%

Cash flow

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Operating cash flow$21.6M-12.8%
CapEx$183.0K
Free cash flow$21.4M-14.3%

Valuation

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Market cap$611.85M-12.7%
Enterprise value$4.15B
P/E10.5×+0.1×
P/S-0.4×

Profitability

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Net margin19.4%-4.2pp
FCF margin30.5%-2.0pp

Returns & leverage

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Return on equity5.4%-0.6pp
Debt / equity3.4×

Where this comes from

Calculated from TPG RE Finance Trust, Inc.’s reported figures.

Based on the most recent quarter.

The source filing: TPG RE Finance Trust, Inc.’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001630472-26-000026

FAQ

What is TPG RE Finance Trust, Inc.'s price / book?
TPG RE Finance Trust, Inc. (TRTX) reported price / book of 0.6× in Q2 2026.
How has TPG RE Finance Trust, Inc.'s price / book changed year-over-year?
TPG RE Finance Trust, Inc.'s price / book increased by 6.0% year-over-year, from 0.6× to 0.6×.
What is the long-term trend for TPG RE Finance Trust, Inc.'s price / book?
Over 5 years (2020 to 2025), TPG RE Finance Trust, Inc.'s price / book has grown at a -0.5% compound annual growth rate (CAGR), from 0.6× to 0.6×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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