IRT currently has a PEG ratio reading of 0.3 as of Nov 13, 2026. This value reflects a P/E ratio of 57.54 measured against EPS growth of 188.9%. When compared to the trailing four-quarter average of 1.23, IRT's PEG ratio shows a 76% decrease.
A nine years lookback shows an average PEG ratio of 1.41 for Independence Realty Trust. Compared to historical data, IRT's 0.3 PE to growth ratio represents a decline of 79%. 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 |
|---|---|---|---|
| Sep 2026 | 0.3 | 55.88 | 188.9% |
| 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% |
Measured against past performance, IRT's PEG ratio is below the 3, 5 and 10-year averages.
With a PEG of 0.3, IRT is above the industry average but below the Real Estate sector average. Compared to its Real Estate sector average of 0.77, Independence Realty Trust's PEG is 61% lower.
Compared to its peer stock MPT, IRT's PEG ratio comes in higher.
Based on Nov 13, 2026 data, IRT carries a PEG ratio of 0.3.
IRT's 3-year PEG ratio average stands at 0.85.
IRT's 5-year PEG ratio average stands at 0.66.
IRT's PEG ratio peaked at 19.49 during the Sep 2021 quarter - the highest in nine years.
Currently, IRT's PEG ratio stands 79% lower than its 9-year historical average.
Strong earnings growth relative to valuation produces IRT's low PEG ratio of 0.3.
PEG equals PE divided by EPS growth (YoY TTM). As of Nov 13, 2026, Independence Realty Trust has a P/E ratio of 57.54. Earnings grew at 188.9% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 0.3. PEG RATIO(0.3) = PE RATIO(57.54) / EPS GROWTH(188.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.