TPG RE Finance Trust's quarterly market cap
increased
from Mar. 2024 ($601.2 Mil) to Jun. 2024 ($699.2 Mil) but then
declined
from Jun. 2024 ($699.2 Mil) to Sep. 2024 ($690.3 Mil).
TPG RE Finance Trust's annual market cap
declined
from Dec. 2021 ($950.9 Mil) to Dec. 2022 ($525.6 Mil) and
declined
from Dec. 2022 ($525.6 Mil) to Dec. 2023 ($506.1 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. TPG RE Finance Trust's Enterprise Value for Today is $2,992.9 Mil.
TPG RE Finance Trust Market Cap Historical Data
The historical data trend for TPG RE Finance Trust's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of TPG RE Finance Trust's Market Cap
For the REIT - Mortgage subindustry, TPG RE Finance Trust's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TPG RE Finance Trust's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, TPG RE Finance Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where TPG RE Finance Trust's Market Cap falls into.
TPG RE Finance Trust Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
TPG RE Finance Trust's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TPG RE Finance Trust (NYSE:TRTX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
TPG RE Finance Trust Market Cap Related Terms
Thank you for viewing the detailed overview of TPG RE Finance Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation.
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