TPG Inc.

NasdaqGS:TPG Stock Report

Market Cap: US$7.4b

TPG Valuation

Is TPG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TPG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TPG ($71.29) is trading above our estimate of fair value ($10.7)

Significantly Below Fair Value: TPG is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TPG?

Key metric: As TPG is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TPG. This is calculated by dividing TPG's market cap by their current revenue.
What is TPG's PS Ratio?
PS Ratio2.2x
SalesUS$3.41b
Market CapUS$7.35b

Price to Sales Ratio vs Peers

How does TPG's PS Ratio compare to its peers?

The above table shows the PS ratio for TPG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.3x
TROW T. Rowe Price Group
4x3.6%US$26.6b
CG Carlyle Group
4.2x6.2%US$19.2b
STT State Street
2.3x3.2%US$28.6b
NTRS Northern Trust
2.8x0.5%US$21.7b
TPG TPG
2.2x-6.9%US$7.4b

Price-To-Sales vs Peers: TPG is good value based on its Price-To-Sales Ratio (2.2x) compared to the peer average (3.3x).

Price to Sales Ratio vs Industry

How does TPG's PS Ratio compare vs other companies in the US Capital Markets Industry?

24 CompaniesPrice / SalesEstimated GrowthMarket Cap
SNEX StoneX Group
0.03xn/aUS$3.27b
OPY Oppenheimer Holdings
0.5xn/aUS$629.80m
BKKT Bakkt Holdings
0.1x-151.2%US$189.82m
RILY B. Riley Financial
0.1xn/aUS$152.99m
TPG 2.2xIndustry Avg. 3.4xNo. of Companies24PS03.26.49.612.816+
24 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: TPG is good value based on its Price-To-Sales Ratio (2.2x) compared to the US Capital Markets industry average (3.4x).

Price to Sales Ratio vs Fair Ratio

What is TPG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TPG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.2x
Fair PS Ratio1.9x

Price-To-Sales vs Fair Ratio: TPG is expensive based on its Price-To-Sales Ratio (2.2x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TPG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$71.29
US$65.93
-7.5%
10.1%US$77.00US$56.00n/a14
Nov ’25US$65.94
US$61.21
-7.2%
12.4%US$73.00US$45.00n/a14
Oct ’25US$58.31
US$52.00
-10.8%
12.9%US$63.00US$43.00n/a14
Sep ’25US$50.45
US$49.92
-1.0%
11.0%US$63.00US$43.00n/a13
Aug ’25US$49.25
US$48.00
-2.5%
10.7%US$60.00US$40.00n/a13
Jul ’25US$40.90
US$47.46
+16.0%
7.2%US$53.00US$43.00n/a13
Jun ’25US$41.92
US$47.54
+13.4%
7.3%US$53.00US$43.00n/a13
May ’25US$43.81
US$47.31
+8.0%
7.7%US$54.00US$43.00n/a13
Apr ’25US$44.75
US$46.00
+2.8%
6.7%US$52.00US$42.00n/a14
Mar ’25US$44.96
US$46.00
+2.3%
6.7%US$52.00US$42.00n/a14
Feb ’25US$41.98
US$41.43
-1.3%
9.6%US$48.00US$36.00n/a14
Jan ’25US$43.17
US$35.69
-17.3%
11.8%US$45.00US$31.00n/a13
Dec ’24US$35.44
US$34.33
-3.1%
10.1%US$43.00US$30.00n/a12
Nov ’24US$28.18
US$32.25
+14.4%
4.2%US$34.00US$30.00US$65.9412
Oct ’24US$30.12
US$32.00
+6.2%
6.3%US$35.00US$28.00US$58.3112
Sep ’24US$28.05
US$31.83
+13.5%
6.5%US$35.00US$28.00US$50.4512
Aug ’24US$29.51
US$33.25
+12.7%
7.3%US$38.00US$29.00US$49.2512
Jul ’24US$29.26
US$32.33
+10.5%
11.9%US$39.00US$27.00US$40.9012
Jun ’24US$26.52
US$32.33
+21.9%
11.9%US$39.00US$27.00US$41.9212
May ’24US$28.78
US$34.00
+18.1%
9.2%US$40.00US$30.00US$43.8113
Apr ’24US$29.33
US$35.58
+21.3%
11.3%US$43.00US$30.00US$44.7513
Mar ’24US$32.85
US$35.73
+8.8%
10.9%US$43.00US$30.00US$44.9613
Feb ’24US$32.75
US$35.85
+9.5%
11.8%US$44.00US$30.00US$41.9813
Jan ’24US$27.83
US$36.88
+32.5%
13.4%US$48.00US$30.00US$43.1713
Dec ’23US$33.23
US$37.35
+12.4%
15.3%US$49.00US$30.00US$35.4413
Nov ’23US$31.72
US$31.96
+0.8%
10.7%US$40.00US$27.50US$28.1813

Analyst Forecast: Target price is lower than the current share price.

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