IRT currently has a PEG ratio reading of 1.45 as of Aug 21, 2026. This value reflects a P/E ratio of 92.17 measured against EPS growth of 63.6%.
A nine years lookback shows an average PEG ratio of 1.46 for Independence Realty Trust. IRT's current PE to growth ratio of 1.45 is consistent with its historical average. IRT reached its maximum PEG ratio of 19.49 during the Sep 2021 quarter over the past nine years. The Mar 2018 quarter had the bottom reading at 0.06, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.77 | 72.83 | 41.2% |
| 2024 | 0.37 | 116.71 | 312.5% |
| 2023 | N/A | N/A | -115.1% |
| 2022 | 1.09 | 31.81 | 29.3% |
| 2021 | 0.4 | 63 | 156.3% |
| 2020 | N/A | 83.94 | -68.6% |
| 2019 | 0.39 | 27.61 | 70% |
| 2018 | N/A | 30.6 | -26.8% |
| 2017 | 0.08 | 24.61 | 315.8% |
| 2016 | N/A | N/A | -124.4% |
| 2015 | 0.02 | 9.63 | 457.1% |
| 2014 | 3.98 | 66.5 | 16.7% |
| 2013 | 0.55 | 69.5 | 126.7% |
| 2012 | N/A | N/A | 92% |
| 2011 | N/A | N/A | -2,900% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 1.46 | 92.72 | 63.6% |
| Mar 2026 | 1.38 | 74.45 | 53.8% |
| Dec 2025 | 1.77 | 72.83 | 41.2% |
| Sep 2025 | N/A | 182.11 | N/A |
| Jun 2025 | 0.34 | 160.82 | 466.7% |
| Mar 2025 | 0.31 | 163.31 | 533.3% |
| Dec 2024 | 0.37 | 116.71 | 312.5% |
| Sep 2024 | N/A | N/A | -100% |
| Jun 2024 | N/A | N/A | -109.7% |
| Mar 2024 | N/A | N/A | -113% |
| Dec 2023 | N/A | N/A | -115.1% |
| Sep 2023 | N/A | 54.12 | -58.7% |
| Jun 2023 | N/A | 58.77 | -53.7% |
| Mar 2023 | N/A | 69.7 | -68.5% |
| Dec 2022 | 1.09 | 31.81 | 29.3% |
Measured against past performance, IRT's PEG ratio is higher than its 3-year average, though it is below the 5 and 10-year averages.
With a PEG of 1.45, IRT is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 0.61, Independence Realty Trust's PEG is 138% higher.
Based on Aug 21, 2026 data, IRT carries a PEG ratio of 1.45.
IRT's 3-year PEG ratio average stands at 0.94.
IRT's 5-year PEG ratio average stands at 2.26.
IRT's PEG ratio peaked at 19.49 during the Sep 2021 quarter - the highest in nine years.
Currently, IRT's PEG ratio stands 0.7% lower than its 9-year historical average.
PEG equals PE divided by EPS growth (YoY TTM). As of Aug 21, 2026, Independence Realty Trust has a P/E ratio of 92.17. Earnings grew at 63.6% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 1.45. PEG RATIO(1.45) = PE RATIO(92.17) / EPS GROWTH(63.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.