TPG RE Finance Trust, Inc. (TRTX)
NYSEReal EstateReit - MortgageSnapshot 2026-09-04
$7.89+0.51%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - MortgageSnapshot 2026-09-04
QuarterlyIQ Insights · TRTX
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $7.89 TRTX trades at 8.7× p/e, below its 9.7× p/e peer median. Our $11 fair value sits well above the price. We hold it with medium confidence: this sector is better valued on book value or cash flow than the earnings/sales multiple shown here. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| ddm gordon | 12M | $18.63 | — | — | TTM | high |
| graham number | 12M | $16.56 | — | — | TTM | high |
| Peer P/FCF | 12M | $8.64 | 8.1 | 1.06 | TTM | high |
| Peer P/FFO | 12M | $8.53 | 9.7 | 0.88 | TTM | high |
| Peer P/S | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $6.78 |
| 1.8 |
| 3.84 |
| TTM |
| high |
| PEG | 12M | $6.69 | 7.4 | 0.91 | TTM | high |
| residual income | 12M | $12.86 | — | — | TTM | high |
| Own P/E history | 12M | $7.92 | 8.7 | 0.91 | TTM | high |
| triangulated | 12M | $8.65 | 9.7 | 0.89 | Triangulated | high |
| Peer P/FCF | 3Y | $11.71 | 8.1 | 1.44 | Hist. CAGR(prov.) | medium |
| Peer P/S | 3Y | $1.52 | 1.8 | 0.86 | Analyst | medium |
| PEG | 3Y | $3.43 | 7.4 | 0.47 | Analyst | medium |
| Own P/E history | 3Y | $4.06 | 8.7 | 0.47 | Analyst | medium |
| Peer P/FCF | 5Y | $14.34 | 8.1 | 1.76 | Hist. CAGR(prov.) | low |
| PEG | 5Y | $1.27 | 7.4 | 0.17 | Analyst | low |
| Own P/E history | 5Y | $1.50 | 8.7 | 0.17 | Analyst | low |