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Stock Comparison · Valuation-led comparison

Reinsurance Group of America vs TPG: Which Stock Looks Stronger in 2026?

Reinsurance of America holds the cleaner structural position, with valuation as the main driver and profitability adding further support. TPG still has the edge on profitability, which keeps the comparison from looking entirely one-sided. The market setup broadly confirms the structural lead — Reinsurance of America holds the more constructive position. That puts structure and market broadly in agreement — Reinsurance of America's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

Most of the separation is still concentrated in valuation. The overall score gap is 10 points in favour of Reinsurance Group of America, Incorporated.

Trajectory Similarity
0.67
Moderately similar
Peer-set rank: #52
within Reinsurance Group of America, Incorporated's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

This level of similarity points to a meaningful structural match, though not a tight one.

The clearest structural overlap shows up in investment intensity and margin consistency.

Similarity drivers
investment intensitymargin consistency
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
RGA
Reinsurance Group of America, Incorporated
54
Peer-Score
Signal qualityMedium
vs
TPG
TPG Inc.
44
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: RGA vs TPG Profitability 0 35 Stability 56 44 Valuation 81 21 Growth 92 88 RGA TPG
Gap Ranking
#1 Valuation +60
#2 Profitability +35
#3 Stability +12
#4 Growth +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for RGA and TPG Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer RGATPG Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for Reinsurance Group of America, Incorporated.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
On valuation, Reinsurance Group of America, Incorporated ranks near the top of the group; TPG Inc. sits in the weaker half.
Profitability
Both sit in the weaker half on profitability, with TPG Inc. still coming out ahead.
Valuation — Dominant Gap
RGA
81
TPG
21
Gap+60in favour of RGA

The multiple-based pricing edge comes from a forward P/E that is 3.7 turns lower.

What keeps the gap from being one-sided

Profitability still favours TPG, with a 10.8-point operating margin advantage keeping the comparison from looking fully resolved.

What this means for the comparison

The valuation edge is decisive, even though current pricing and profitability still lean somewhat toward TPG Inc..

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Other comparisons with conflicting dimension signals

Explore how RGA and TPG each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.