Is TPG RE Finance Trust, Inc. overvalued or undervalued?

As of 29 October 2024, the valuation grade for TPG RE Finance Trust, Inc. has moved from risky to very attractive, indicating a significant improvement in its investment appeal. The company appears undervalued, particularly when considering its P/E ratio of 9, which is substantially lower than the industry average, and its price-to-book value of 0.57. Additionally, the PEG ratio stands at an impressive 0.06, suggesting strong growth potential relative to its price.
In comparison to its peers, TPG RE Finance Trust, Inc. has a lower P/E than Summit Hotel Properties, Inc., which has a P/E of 44.62, and a more favorable PEG ratio compared to Armada Hoffler Properties, Inc., which has a PEG of 0.451. Despite a recent decline in stock price over the past week, TPG RE Finance Trust has outperformed the S&P 500 over the past month, with a return of 3.20% compared to the S&P 500's 2.33%. Overall, these metrics reinforce the conclusion that TPG RE Finance Trust, Inc. is currently undervalued.