TRTX (TPG RE Finance Trust) ROE % Adjusted to Book Value: 12.47% (As of Mar. 2026)


TRTX TPG RE Finance Trust Inc TRTX
51 GF Score
Price $8.40
GF Value $7.99
Valuation Fairly Valued
! 4 Warning Signs
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What is TPG RE Finance Trust ROE % Adjusted to Book Value?

TPG RE Finance Trust TRTX -0.71% 51 ROE % Adjusted to Book Value is 12.47% as of Mar. 2026. GuruFocus rates TRTX with a GF Score™ of 51/100 and a GF Value™ of $7.99 (Fairly Valued). The stock has 4 warning signs investors should review.

TPG RE Finance Trust's ROE % for the quarter that ended in Mar. 2026 was 7.11%. TPG RE Finance Trust's PB Ratio for the quarter that ended in Mar. 2026 was 0.57. TPG RE Finance Trust's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 12.47%.


TPG RE Finance Trust ROE % Adjusted to Book Value Related Terms


TPG RE Finance Trust ROE % Adjusted to Book Value Historical Data

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The historical data trend for TPG RE Finance Trust's ROE % Adjusted to Book Value 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 RE Finance Trust ROE % Adjusted to Book Value Chart

TPG RE Finance Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.60 -10.78 -21.18 10.71 8.78

TPG RE Finance Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 8.25 13.43 13.06 2.35 12.47

TRTX vs FBRT, RWT, BRSP: ROE % Adjusted to Book Value Comparison

For the REIT - Mortgage subindustry, TPG RE Finance Trust's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs REITs Industry

For the REITs industry and Real Estate sector, TPG RE Finance Trust's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where TPG RE Finance Trust's ROE % Adjusted to Book Value falls into.


TRTX
51GF Score
TPG RE Finance Trust Inc TRTX
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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TPG RE Finance Trust ROE % Adjusted to Book Value Calculation

TPG RE Finance Trust's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=5.53% / 0.63
=8.78%

TPG RE Finance Trust's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=7.11% / 0.57
=12.47%

* 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.

What does a ROE % Adjusted to Book Value of 12.47% mean?
TPG RE Finance Trust (TRTX) has a ROE % Adjusted to Book Value of 12.47% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on TPG RE Finance Trust and its competitors.
Is TPG RE Finance Trust's ROE % Adjusted to Book Value too high?
TPG RE Finance Trust's current ROE % Adjusted to Book Value is 12.47%. 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 ROE % Adjusted to Book Value compare to FBRT and RWT?
TPG RE Finance Trust's ROE % Adjusted to Book Value of 12.47% can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a REITs company?
A good ROE % Adjusted to Book Value depends on the REITs industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on TPG RE Finance Trust and its competitors. TPG RE Finance Trust's current ROE % Adjusted to Book Value is 12.47%. 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 $8.40 — trading 5.1% above its estimated fair value. The current ROE % Adjusted to Book Value is 12.47%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For TPG RE Finance Trust (TRTX), the current ROE % Adjusted to Book Value is 12.47% as of Mar. 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 $8.40 is trading 5.1% above its estimated GF Value™ of $7.99. GuruFocus considers TPG RE Finance Trust to be Fairly Valued.

Key valuation signals for TRTX:

  • ROE % Adjusted to Book Value: 12.47%
  • GF Value™: $7.99 vs. price of $8.40 (5.1% above fair value)
  • GF Score™: 51/100 with 4 warning signs

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 Business Description

Industry Real EstateREITs
Address 888 Seventh Avenue, 35th Floor, New York, NY, USA, 10106
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

Get the complete analysis for TRTX

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.40
Price
$7.99
GF Value