Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. (IIPR-PA) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
iipr-pa · pe ratio · data through Dec 31, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Innovative Industrial Properties, Inc. (IIPR-PA) measures how much investors pay for each dollar of the company's trailing earnings. IIPR-PA's current PE ratio of 13.91x is calculated by dividing its stock price of $23.74 by its TTM earnings per share of $4.29. −38.7% discount vs 5Y avg 22.7x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2015 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 9 fiscal years · Front-end computedMinQ1 · 25%18.0x
MedianQ3 · 75%55.1x
Max
At 13.91x, IIPR-PA's current P/E is within its average historical range over the past 9 fiscal years.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
REIT - Industrial · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Innovative Industrial Properties, Inc.You IIPR-PA | $48M | 13.91x | +17.1% | $4.29 |
 ARMOUR Residential REIT, Inc. ARR | $2.1B | 5.15x | -56.6% | $3.43 |
 DiamondRock Hospitality Company DRH | $2.4B | 18.22x | +53.3% | $0.49 |
 Dynex Capital, Inc. DX | $1.9B | 5.45x | -54.1% | $2.57 |
 Ellington Financial Inc. EFC | $1.3B | 9.19x | -22.6% | $1.48 |
 EPR Properties EPR | $4.4B | 13.80x | +16.2% | $3.62 |
 Getty Realty Corp. GTY | $2.0B | 19.46x | +63.8% | $1.41 |
Industry Average 6 peers with valid PE | — | 11.88x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-12-31Latest FY2025 | 11.59x | $4.09 | -0.4% | |
2024-12-31 FY2024 | 11.64x | $5.73 | -31.7% | |
2023-12-31 FY2023 | 17.03x | $5.92 | -5.1% | |
2022-12-31 FY2022 | 17.95x | $5.65 | -67.4% | |
2021-12-31 FY2021 | 55.13x | $4.77 | +1.8% | |
2020-12-31 FY2020 | 54.17x | $3.38 | +58.9% | |
2019-12-31 FY2019 | 34.08x | $2.23 | -26.5% | |
2018-12-31 FY2018 | 46.39x | $0.98 | — | |
2017-12-31 FY2017 | — | $-0.02 | — | |
2016-12-31 FY2016 | — | $-4.56 | — |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Innovative Industrial Properties, Inc. (IIPR-PA) measures how much investors pay for each dollar of the company's trailing earnings. IIPR-PA's current PE ratio of 13.91x is calculated by dividing its stock price of $23.74 by its TTM earnings per share of $4.29.
Frequently asked questions
IIPR-PA pe ratio · 6 questionsIIPR-PA's current PE ratio is 13.91x as of 2026-06-08, based on a stock price of $23.74 and TTM EPS of $4.29. Data sourced from Financial Modeling Prep via IIPR-PA's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Innovative Industrial Properties, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08