TPG RE Finance Trust's quarterly market cap
increased
from Sep. 2025 ($670.3 Mil) to Dec. 2025 ($674.3 Mil) but then
declined
from Dec. 2025 ($674.3 Mil) to Mar. 2026 ($607.6 Mil).
TPG RE Finance Trust's annual market cap
increased
from Dec. 2023 ($506.1 Mil) to Dec. 2024 ($688.5 Mil) but then
declined
from Dec. 2024 ($688.5 Mil) to Dec. 2025 ($674.3 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 $3,925.3 Mil.
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
TPG RE Finance Trust Market Cap Historical Data
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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.
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 Market Cap vs 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.
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. 2025 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 (TRTX) has a Market Cap of $654.0 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TPG RE Finance Trust and its competitors. According to the industry distribution chart, TPG RE Finance Trust ranks #355 out of 986 companies in the REITs industry, placing it in the top 36%.
Is TPG RE Finance Trust's Market Cap too high?
TPG RE Finance Trust's current Market Cap is $654.0 Mil. The REITs industry median Market Cap is 280.73. TPG RE Finance Trust's value of $654.0 Mil is 133% above this industry median. Based on the distribution chart, TPG RE Finance Trust ranks #355 out of 986 companies in the REITs industry, which is above the industry midpoint. Overall, TPG RE Finance Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TPG RE Finance Trust's Market Cap compare to FBRT and RWT?
According to the REITs industry distribution chart, TPG RE Finance Trust ranks #355 out of 986 companies for Market Cap. This puts TPG RE Finance Trust in the upper half of its industry. The industry median Market Cap is 280.73. TPG RE Finance Trust's value of $654.0 Mil is 133% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 280.73, based on 986 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TPG RE Finance Trust's current Market Cap of $654.0 Mil is 133% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TPG RE Finance Trust and its competitors. For the REITs industry, the median Market Cap is 280.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPG RE Finance Trust's current Market Cap is $654.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG RE Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, TPG RE Finance Trust (TRTX) is currently considered Fairly Valued. The stock's GF Value™ is $7.99, compared to a current price of $8.46 — trading 5.9% above its estimated fair value. The current Market Cap is $654.0 Mil and 133% above the REITs industry median of 280.73. TPG RE Finance Trust's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For TPG RE Finance Trust (TRTX), the current Market Cap is $654.0 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TPG RE Finance Trust (TRTX) Overvalued in 2026?
Based on GuruFocus' analysis, TPG RE Finance Trust stock appears to be overvalued.
The current stock price of $8.46 is trading 5.9% above its estimated GF Value™ of $7.99.
GuruFocus considers TPG RE Finance Trust to be Fairly Valued.
Key valuation signals for TRTX:
Market Cap: $654.0 Mil
GF Value™: $7.99 vs. price of $8.46 (5.9% above fair value)
Industry Position: 133% above the REITs median (#355 of 986)
No single metric tells the full story. See the TRTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
51GF Score
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