TPG RE Finance Trust price to sales ratio TRTX

Market value divided by revenue over the last twelve months, since 2018.

Today, Oct 23, 2026: 3.3×
9-year median: 4.7×
Against its 9-year history: 4th; percentile: 0 is its lowest day, 100 its highest
9-year range: 1.2× to 10.5×
Peer median: 2.8×

TPG RE Finance Trust's price to sales ratio is 3.3× as of Oct 23, 2026.

That is below its 9-year median of 4.7×, lower than on 96% of days in the last 9 years.

Over that time it ranged from 1.2× in Apr 2020 to 10.5× in Feb 2019.

The median for 10 specialty REITs of a similar size is 2.8×.

Price to sales ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	3.3×	3.1×	4.9×
2025	4.7×	3.6×	5.1×
2024	4.5×	3.4×	5.6×
2023	4.2×	3.2×	4.7×
2022	3.6×	3.5×	6.5×
2021	6.0×	4.2×	6.6×
2020	4.6×	1.2×	9.6×
2019	9.4×	9.2×	10.5×
2018	9.6×	9.1×	10.5×

Against its peers

Companies in REIT - Specialty nearest TPG RE Finance Trust's size, closest first, today.

Company	Price to sales ratio
TRTXTPG RE Finance Trust	3.3×
OLPOne Liberty Properties	n/m
FBRTFranklin BSP Realty Trust	1.7×
FPIFarmland Partners	8.7×
UHTUniversal Health Realty Income Trust	5.3×
ABRArbor Realty Trust	1.1×
TCITranscontinental Realty Investors	8.5×
XRNChiron Real Estate	2.6×
IVRInvesco Mortgage Capital	n/m
PMTPennyMac Mortgage Investment Trust	1.8×
CHCTCommunity Healthcare Trust	3.0×
Peer median	2.8×

Where TPG RE Finance Trust ranks

What the price to sales ratio tells you

Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.

Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.

More on TPG RE Finance Trust

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.