MITT (TPG Mortgage Investment Trust) PB Ratio: 0.71 (As of Jul. 23, 2026) — 10% Below Median

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MITT TPG Mortgage Investment Trust Inc MITT
26 GF Score
Price $7.26
! 6 Warning Signs
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What is TPG Mortgage Investment Trust PB Ratio?

TPG Mortgage Investment Trust MITT -1.89% 26 PB Ratio is 0.71 as of Jul. 23, 2026, which is 10% below its 10-year median of 0.79. GuruFocus rates MITT with a GF Score™ of 26/100. The stock has 6 warning signs investors should review. Among 921 REITs companies, TPG Mortgage Investment Trust ranks better than 66.56% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-23), TPG Mortgage Investment Trust's share price is $7.26. TPG Mortgage Investment Trust's Book Value per Share for the quarter that ended in Mar. 2026 was $10.21. Hence, TPG Mortgage Investment Trust's PB Ratio of today is 0.71.

Good Sign:

TPG Mortgage Investment Trust Inc stock PB Ratio (=0.72) is close to 1-year low of 0.65.

The historical rank and industry rank for TPG Mortgage Investment Trust's PB Ratio or its related term are showing as below:

MITT' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.79   Max: 1.96
Current: 0.71

During the past 13 years, TPG Mortgage Investment Trust's highest PB Ratio was 1.96. The lowest was 0.22. And the median was 0.79.

MITT's PB Ratio is ranked better than
66.56% of 921 companies
in the REITs industry
Industry Median: 0.86 vs MITT: 0.71

During the past 12 months, TPG Mortgage Investment Trust's average Book Value Per Share Growth Rate was -6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -19.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TPG Mortgage Investment Trust was -0.50% per year. The lowest was -40.50% per year. And the median was -3.90% per year.

Back to Basics: PB Ratio


TPG Mortgage Investment Trust  (NYSE:MITT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


TPG Mortgage Investment Trust PB Ratio Related Terms


TPG Mortgage Investment Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for TPG Mortgage Investment Trust's PB Ratio 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.

TPG Mortgage Investment Trust PB Ratio Chart

TPG Mortgage Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.47 0.61 0.61 0.79

TPG Mortgage Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.71 0.68 0.79 0.72

MITT vs ACRE, REFI, AOMR: PB Ratio Comparison

For the REIT - Mortgage subindustry, TPG Mortgage Investment Trust's PB Ratio, along with its competitors' market caps and PB Ratio 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 Mortgage Investment Trust PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, TPG Mortgage Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where TPG Mortgage Investment Trust's PB Ratio falls into.


MITT
26GF Score
TPG Mortgage Investment Trust Inc MITT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TPG Mortgage Investment Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

TPG Mortgage Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=7.26/10.207
=0.71

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.71 mean?
TPG Mortgage Investment Trust (MITT) has a PB Ratio of 0.71 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TPG Mortgage Investment Trust and its competitors. This is 10% below median its historical median of 0.79. Over the past decade, TPG Mortgage Investment Trust's PB Ratio has ranged from 0.22 to 1.96. According to the industry distribution chart, TPG Mortgage Investment Trust ranks #308 out of 921 companies in the REITs industry, placing it in the top 33.4%.
Is TPG Mortgage Investment Trust's PB Ratio too high?
TPG Mortgage Investment Trust's current PB Ratio of 0.71 is 10% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.96. The REITs industry median PB Ratio is 0.86. TPG Mortgage Investment Trust's value of 0.71 is 17.4% below this industry median. Based on the distribution chart, TPG Mortgage Investment Trust ranks #308 out of 921 companies in the REITs industry, which is above the industry midpoint. Overall, TPG Mortgage Investment Trust has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does TPG Mortgage Investment Trust's PB Ratio compare to ACRE and REFI?
According to the REITs industry distribution chart, TPG Mortgage Investment Trust ranks #308 out of 921 companies for PB Ratio. This puts TPG Mortgage Investment Trust in the upper half of its industry. The industry median PB Ratio is 0.86. TPG Mortgage Investment Trust's value of 0.71 is 17.4% below this benchmark. Historically, TPG Mortgage Investment Trust's own PB Ratio has ranged from 0.22 to 1.96 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.86, TPG Mortgage Investment Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 921 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TPG Mortgage Investment Trust's current PB Ratio of 0.71 is 17.4% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TPG Mortgage Investment Trust and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPG Mortgage Investment Trust's current PB Ratio is 0.71, which is 10% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG Mortgage Investment Trust stock overvalued right now?
TPG Mortgage Investment Trust (MITT) has a current PB Ratio of 0.71. The current PB Ratio is 0.71, which is 10% below median its 10-year median of 0.79 and 17.4% below the REITs industry median of 0.86. TPG Mortgage Investment Trust's overall GF Score™ is 26/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For TPG Mortgage Investment Trust (MITT), the current PB Ratio is 0.71 as of Jul. 23, 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.

TPG Mortgage Investment Trust Business Description

Industry Real EstateREITs
Address 245 Park Avenue, 26th Floor, New York, NY, USA, 10167
TPG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. Its objective is to provide attractive risk-adjusted returns to its stockholders over the long term through dividends and capital appreciation. The company focuses on its investment activities on acquiring and securitizing newly-originated residential mortgage loans within the non-agency segment of the housing market.
26GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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