IRT
Independence Realty Trust
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: IRT
- PE Ratio
The PE ratio for Independence Realty Trust stock stands at 80.05 as of Jun 22, 2026. The calculation is based on the latest EPS of $0.2 and the stock price of $16.01 per share. A decrease of 35% has been observed in the PE ratio compared to its average of 122.6 of the last four quarters.
IRT PE ratio history
Over the last ten years, the average PE ratio of Independence Realty Trust has been 59.95. The current 80.05 P/E ratio is 34% higher than the historical average. Looking back at the last ten years, IRT's PE ratio peaked in the Sep 2025 quarter at 182.11, with a price of $16.39 and an EPS of $0.09. The Jun 2016 quarter marked the lowest point at 6.01, with a price of $8.18 and an EPS of $1.36.
Independence Realty Trust PE ratio by year
Maximum annual increase: 204.02% in 2020
Maximum annual decrease: -85.52% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 72.83 | -37.6% | $17.48 | $0.24 |
| 2024 | 116.71 | N/A | $19.84 | $0.17 |
| 2023 | N/A | N/A | $15.3 | -$0.08 |
| 2022 | 31.81 | -49.51% | $16.86 | $0.53 |
| 2021 | 63 | -24.95% | $25.83 | $0.41 |
| 2020 | 83.94 | 204.02% | $13.43 | $0.16 |
| 2019 | 27.61 | -9.77% | $14.08 | $0.51 |
| 2018 | 30.6 | 24.34% | $9.18 | $0.3 |
| 2017 | 24.61 | N/A | $10.09 | $0.41 |
| 2016 | N/A | N/A | $8.92 | -$0.19 |
| 2015 | 9.63 | -85.52% | $7.51 | $0.78 |
| 2014 | 66.5 | -4.32% | $9.31 | $0.14 |
| 2013 | 69.5 | N/A | $8.34 | $0.12 |
| 2012 | N/A | N/A | N/A | -$0.45 |
| 2011 | N/A | N/A | N/A | -$5.6 |
Independence Realty Trust PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 74.45 | 2.22% | $14.89 | $0.2 |
| Dec 2025 | 72.83 | -60.01% | $17.48 | $0.24 |
| Sep 2025 | 182.11 | 13.24% | $16.39 | $0.09 |
| Jun 2025 | 160.82 | -1.52% | $17.69 | $0.11 |
| Mar 2025 | 163.31 | 39.93% | $21.23 | $0.13 |
| Dec 2024 | 116.71 | N/A | $19.84 | $0.17 |
| Sep 2024 | N/A | N/A | $20.5 | $0 |
| Jun 2024 | N/A | N/A | $18.74 | -$0.03 |
| Mar 2024 | N/A | N/A | $16.13 | -$0.03 |
| Dec 2023 | N/A | N/A | $15.3 | -$0.08 |
| Sep 2023 | 54.12 | -7.91% | $14.07 | $0.26 |
| Jun 2023 | 58.77 | -15.68% | $18.22 | $0.31 |
| Mar 2023 | 69.7 | 119.11% | $16.03 | $0.23 |
| Dec 2022 | 31.81 | 19.77% | $16.86 | $0.53 |
| Sep 2022 | 26.56 | -14.16% | $16.73 | $0.63 |
IRT Price vs fair value
IRT average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
IRT's current PE ratio is higher than the 10-year average, but it is lower than its 3 and 5-year averages.
PE comparison
With a price to earnings (P/E) of 80.05, IRT ranks higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 23.85, Independence Realty Trust's price to earnings (P/E) is 236% higher.
IRT PE vs peers
IRT's PE ratio stands higher than its peer stock BFS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BFS Saul Centers Inc | 34.36 | $902.18M |
| IRT Independence Realty Trust Inc | 81.35 | $3.84B |
| MPT Medical Properties Trust Inc | N/A | $2.7B |
| BDN Brandywine Realty Trust | N/A | $548.93M |
Frequently asked questions
What is Independence Realty Trust's PE ratio?
The price to earnings ratio for IRT stock is 80.05 as of Jun 22, 2026.
What is the 3-year average PE ratio for Independence Realty Trust (IRT)?
The average PE ratio for IRT stock over the past 3 years is 110.39.
What is the 5-year average PE ratio for Independence Realty Trust (IRT)?
The average PE ratio for IRT stock over the past 5 years is 81.72.
What is the highest PE ratio for IRT?
The highest quarterly PE ratio in the last ten years has been 182.11 and it was in the Sep 2025 quarter.
How does the current PE ratio for IRT compare to its historical average?
IRT's current price to earnings ratio is 34% above its 10-year historical average.
Why is Independence Realty Trust's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is IRT's PE ratio calculated (Independence Realty Trust PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 22, 2026), Independence Realty Trust's share price is $16.01. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.2. Therefore, Independence Realty Trust's PE ratio for today is 80.05. PE RATIO(80.05) = STOCK PRICE($16.01) / TTM EPS($0.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.