TPG Inc. is considered undervalued at a 15x forward P/E and offers a 5.5% yield despite recent strong performance and asset growth, with only 7% of software investments at risk and 60% expected to benefit from AI advancements. The company shows record fee-related earnings, strong fundraising, and expanding deployment, supporting a positive outlook, and the Buy rating is maintained due to attractive valuation, a solid balance sheet, and growth potential in infrastructure, data centers, and GP-led secondaries.