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Friday 6 November 2026 Export TPG’s income statement to Excel — free account

TPG Inc.

TPG Financial Asset Management

TPG Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, up 33.4% from fiscal 2024.

Revenue
−0.20%
EPS
+367.1%
Free cash flow
−57.6%
Total debt
+27.2%

Quarter to September 2026, against a year earlier

47.03 3.13 −6.24%
Market cap
$18.0B
P/E
19.7×
Fwd P/E
23.7×
Dividend yield
4.76%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

TPG Inc. (TPG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, TPG Inc. (TPG) trades at a P/B ratio of 2.0×. Over the past ten years it has ranged from 0.3× (March 2022) to 2.7× (December 2025); the current reading is higher than 83% of that period. That is above the Asset Management industry median of 0.9× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.1× 22.25%
FY2024 1.8× 79.53%
FY2023 1.0× 34.07%
FY2022 0.7× 68.96%
FY2021 0.4× 0.00%
FY2020 0.4× 0.00%
FY2019 0.4× 0.00%
FY2018 0.4× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.9× 6.72%
Jun 2026 1.8× 2.77%
Mar 2026 1.7× (19.00%)
Dec 2025 2.1× (6.48%)
20 more quarters

Against its own ten years

Low 0.3× High 2.7×
Ten-year median 1.2×
Current reading's percentile 83

P/B ratio against peers

Company P/B ratio
EQH Equitable Holdings, Inc. compare n/m
OWL Blue Owl Capital Inc. compare 1.3×
BEN Franklin Resources Inc compare 1.3×
CG Carlyle Group Inc. compare 2.0×
TROW T. Rowe Price Group, Inc. compare 2.0×
TPG TPG Inc. 2.0×
PFG Principal Financial Group, Inc. compare 2.0×
CRBG Corebridge Financial, Inc. compare 2.2×
PS Pershing Square Inc. compare 14.2×
Asset Management industry median 0.9×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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