Innovative Industrial Properties, Inc.

Innovative Industrial Properties, Inc.verified

IIPR

Price:

$120.67

Market Cap:

$3.42B

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.[Read more]

Industry

REIT - Industrial

IPO Date

2016-12-01

Stock Exchange

NYSE

Ticker

IIPR

The PE Ratio as of September 2024 (TTM) for Innovative Industrial Properties, Inc. (IIPR) is 21.21

According to Innovative Industrial Properties, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 21.21. This represents a change of 28.94% compared to the average of 16.45 of the last 4 quarters.

Innovative Industrial Properties, Inc. (IIPR) Historical PE Ratio (quarterly & annually)

How has IIPR PE Ratio performed in the past?

The mean historical PE Ratio of Innovative Industrial Properties, Inc. over the last ten years is -141.64. The current 21.21 PE Ratio has changed -1597.50% with respect to the historical average. Over the past ten years (40 quarters), IIPR's PE Ratio was at its highest in in the June 2019 quarter at 101.02. The PE Ratio was at its lowest in in the September 2016 quarter at -80.19.

Quarterly (TTM)
Annual

Average

-141.64

Median

17.95

Minimum

-1514.66

Maximum

55.13

Innovative Industrial Properties, Inc. (IIPR) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Innovative Industrial Properties, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 37.89%

Maximum Annual PE Ratio = 55.13

Minimum Annual Increase = -160.07%

Minimum Annual PE Ratio = -1514.66

Quarterly (TTM)
Annual
YearPE RatioChange
202317.03-5.11%
202217.95-67.44%
202155.131.77%
202054.1716.24%
201946.600.46%
201846.39-103.06%
2017-1514.6637.89%
2016-3.99-160.07%

Innovative Industrial Properties, Inc. (IIPR) Average PE Ratio

How has IIPR PE Ratio performed in the past?

The current PE Ratio of Innovative Industrial Properties, Inc. (IIPR) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

30.04

5-year avg

38.18

10-year avg

-141.64

Innovative Industrial Properties, Inc. (IIPR) PE Ratio vs. Peers

How is IIPR’s PE Ratio compared to its peers?

Innovative Industrial Properties, Inc.’s PE Ratio is less than Prologis, Inc. (41.71), less than Public Storage (29.16), less than Extra Space Storage Inc. (45.71), less than CubeSmart (29.00), less than STAG Industrial, Inc. (37.84), less than Rexford Industrial Realty, Inc. (40.16), less than Life Storage, Inc. (61.04), greater than National Storage Affiliates Trust (20.03), greater than Americold Realty Trust, Inc. (-29.27),

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