Historical Valuation
Innovative Industrial Properties Inc (IIPR) is now in the Undervalued zone, suggesting that its current forward PE ratio of 12.06 is considered Undervalued compared with the five-year average of 22.69. The fair price of Innovative Industrial Properties Inc (IIPR) is between 61.46 to 134.22 according to relative valuation methord. Compared to the current price of 50.60 USD , Innovative Industrial Properties Inc is Undervalued By 17.67%.
Relative Value
Fair Zone
61.46-134.22
Current Price：50.60
17.67%
Undervalued
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Innovative Industrial Properties Inc (IIPR) has a current Price-to-Book (P/B) ratio of 0.76. Compared to its 3-year average P/B ratio of 1.21 , the current P/B ratio is approximately -36.83% higher. Relative to its 5-year average P/B ratio of 1.82, the current P/B ratio is about -58.21% higher. Innovative Industrial Properties Inc (IIPR) has a Forward Free Cash Flow (FCF) yield of approximately 14.87%. Compared to its 3-year average FCF yield of 11.30%, the current FCF yield is approximately 31.59% lower. Relative to its 5-year average FCF yield of 8.60% , the current FCF yield is about 72.83% lower.
P/B
Median3y
1.21
Median5y
1.82
FCF Yield
Median3y
11.30
Median5y
8.60
Competitors Valuation Multiple
AI Analysis for IIPR
The average P/S ratio for IIPR competitors is 4.73, providing a benchmark for relative valuation. Innovative Industrial Properties Inc Corp (IIPR.N) exhibits a P/S ratio of 5.24, which is 10.73% above the industry average. Given its robust revenue growth of -15.47%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for IIPR
1Y
3Y
5Y
Market capitalization of IIPR increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of IIPR in the past 1 year is driven by Unknown.
People Also Watch
Frequently Asked Questions
Is IIPR currently overvalued or undervalued?
Innovative Industrial Properties Inc (IIPR) is now in the Undervalued zone, suggesting that its current forward PE ratio of 12.06 is considered Undervalued compared with the five-year average of 22.69. The fair price of Innovative Industrial Properties Inc (IIPR) is between 61.46 to 134.22 according to relative valuation methord. Compared to the current price of 50.60 USD , Innovative Industrial Properties Inc is Undervalued By 17.67% .
What is Innovative Industrial Properties Inc (IIPR) fair value?
IIPR's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Innovative Industrial Properties Inc (IIPR) is between 61.46 to 134.22 according to relative valuation methord.
How does IIPR's valuation metrics compare to the industry average?
The average P/S ratio for IIPR's competitors is 4.73, providing a benchmark for relative valuation. Innovative Industrial Properties Inc Corp (IIPR) exhibits a P/S ratio of 5.24, which is 10.73% above the industry average. Given its robust revenue growth of -15.47%, this premium appears unsustainable.
What is the current P/B ratio for Innovative Industrial Properties Inc (IIPR) as of Jan 10 2026?
As of Jan 10 2026, Innovative Industrial Properties Inc (IIPR) has a P/B ratio of 0.76. This indicates that the market values IIPR at 0.76 times its book value.
What is the current FCF Yield for Innovative Industrial Properties Inc (IIPR) as of Jan 10 2026?
As of Jan 10 2026, Innovative Industrial Properties Inc (IIPR) has a FCF Yield of 14.87%. This means that for every dollar of Innovative Industrial Properties Inc’s market capitalization, the company generates 14.87 cents in free cash flow.
What is the current Forward P/E ratio for Innovative Industrial Properties Inc (IIPR) as of Jan 10 2026?
As of Jan 10 2026, Innovative Industrial Properties Inc (IIPR) has a Forward P/E ratio of 12.06. This means the market is willing to pay $12.06 for every dollar of Innovative Industrial Properties Inc’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Innovative Industrial Properties Inc (IIPR) as of Jan 10 2026?
As of Jan 10 2026, Innovative Industrial Properties Inc (IIPR) has a Forward P/S ratio of 5.24. This means the market is valuing IIPR at $5.24 for every dollar of expected revenue over the next 12 months.