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IIPR Innovative Industrial Properties PE ratio, current and historical analysis

The P/E ratio for Innovative Industrial Properties stock stands at 18.9 as of Jun 18, 2024. This is calculated based on the TTM EPS of $5.74 and the stock price of $108.48 per share. An increase of 24% has been observed in the PE ratio compared to its average of 15.3 of the past four quarters.

IIPR PE ratio history

How has IIPR's PE ratio performed in the past

Over the last seven years, the average PE ratio of Innovative Industrial Properties has been 49.6. The current 18.9 price-to-earnings ratio is 62% less than the historical average. Analyzing the last seven years, IIPR's PE ratio reached its highest point in the Mar 2018 quarter at 191.07, with a price of $26.75 and an EPS of $0.14. The Jun 2023 quarter saw the lowest point at 12.81, with a price of $73.01 and an EPS of $5.7.

Average
49.6
Median
41.24
Minimum
12.81
Maximum
191.07

Innovative Industrial Properties PE ratio by year

Maximum annual increase: 51.59% in 2020

Maximum annual decrease: -67.53% in 2022

Year PE ratio Change
2023 17.32 -4.84%
2022 18.2 -67.53%
2021 56.06 0.41%
2020 55.83 51.59%
2019 36.83 -38.33%
2018 59.72 N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A
2014 N/A N/A

IIPR average PE ratio chart

What is the average PE ratio of IIPR for the past years

Currently, IIPR's PE ratio is under its 3 and 5-year averages.

3-year avg
27.23
5-year avg
37.15
10-year avg
N/A
15-year avg
N/A

Frequently asked questions

What is Innovative Industrial Properties's PE ratio?

IIPR stock has a price to earnings ratio of 18.9 as of Jun 18, 2024.

What is the 3-year average PE ratio for Innovative Industrial Properties (IIPR)?

Over the last 3 years, the average PE ratio for IIPR stock is 27.23.

What is the 5-year average PE ratio for Innovative Industrial Properties (IIPR)?

Over the last 5 years, the average PE ratio for IIPR stock is 37.15.

What is the highest PE ratio for IIPR?

Over the last seven years, the quarterly PE ratio reached its highest level at 191.07 in the Mar 2018 quarter.

How does the current PE ratio for IIPR compare to its historical average?

The current PE ratio of IIPR is 62% lower than the 7-year historical average.

How is IIPR's PE ratio calculated (Innovative Industrial Properties PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jun 18, 2024), Innovative Industrial Properties's share price is $108.48. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.74. Therefore, Innovative Industrial Properties's price to earnings ratio for today is 18.9. PE RATIO(18.9) = STOCK PRICE($108.48) / TTM EPS($5.74)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.