Is the price fair?
What IIPR's price assumes
Innovative Industrial Properties, Inc. trades at 14.7× earnings against 29.1× for the median REIT - Industrial name, cheaper than its own group.
14.7
Trailing P/E · REIT - Industrial median 29.1 · cheaper than the typical name in its group
- Price / sales
- 5.42
Price / sales · as of 2026-Q1
- Price / book
- 0.75
Price / book · as of 2026-Q1
Details›
- Price / book2026-Q1
- 0.75
- Real Estate median P/E112 names
- 28.1
- REIT - Industrial median P/E11 names
- 29.1
- Market capitalisation
- $1.77B
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $48.22 |
| Its own P/E history, median | $90.11 |
| Its own P/E history, upper quartile | $133.26 |
| 52-week range | $41.27 – $64.66 |
| Today | $57.28 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.