TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the office, multifamily, life science, mixed-use, hospitality, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporated in 2014 and is based in New York, New York.
P/B ratio for TPG RE Finance Trust, Inc. (TRTX)
P/B ratio as of 2023: 0.45
According to TPG RE Finance Trust, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.45. At the end of 2022 the company had a P/B ratio of 0.39.
P/B ratio history for TPG RE Finance Trust, Inc. from 2015 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.45 |
| 2022 | 0.39 |
| 2021 | 0.68 |
| 2020 | 0.64 |
| 2019 | 0.98 |
| 2018 | 0.87 |
| 2017 | 0.96 |
| 2016 | 1.04 |
| 2015 | 1.41 |