Innovative Industrial Properties (IIPR) has a PEG ratio of 18.36, above the Real Estate sector average of 17.63.
Get informed when a big investor buys or sells
+ Follow18.36
The PEG ratio measures a stock's valuation relative to its earnings growth rate. A PEG ratio below 1.0 may indicate that the stock is undervalued relative to its growth potential.
Innovative Industrial Properties's peg ratio stands at 18.36. That is above the Real Estate sector average of 17.63. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Innovative Industrial Properties sits higher the Real Estate benchmark (17.63) with a PEG ratio of 18.36. That is roughly 4.1% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
Whether 18.36 is attractive depends on Innovative Industrial Properties's earnings outlook, competitive position, and how peers are valued. Investors typically ask: is growth accelerating, are margins stable, and is the multiple expanding or compressing over time? The history and comparison charts below are built for those checks.
The history chart shows how Innovative Industrial Properties's PEG ratio evolved across reporting periods, while the comparison chart places IIPR next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Real Estate, PEG ratio is commonly used to spot outliers. Innovative Industrial Properties's reading of 18.36 (sector avg 17.63) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.