IIPRInnovative Industrial Properties, Inc.
Is the price fair?
Cheap against its own history. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Cheap vs its own history: P/E 11.8 vs a 19.9 median over 34 quarters (−41% vs median).
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What IIPR's price assumes
Innovative Industrial Properties, Inc. trades at 11.8× earnings against 27.8× for the median REIT - Industrial name, cheaper than its own group.
Trailing P/E · REIT - Industrial median 27.8 · cheaper than the typical name in its group
- Price / sales
- 6.96
Price / sales · as of 2026-Q2
- Price / book
- 0.99
Price / book · as of 2026-Q2
- EV / sales
- 6.66
EV / sales
Details›
- Price / bookas of 2026-Q2
- 0.99
- EV / EBITas of 2026-Q2
- 12.9
- EV / salesas of 2026-Q2
- 6.66
- Real Estate median P/E130 names
- 25.0
- REIT - Industrial median P/E11 names
- 27.8
- Market capitalisation
- $1.77B
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $53.35 |
| Its own P/E history, median | $87.64 |
| Its own P/E history, upper quartile | $161.19 |
| 52-week range | $41.27 – $64.66 |
| Today | $51.85 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
REIT, Industrial
The closest names by size in the same industry