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Independence Realty TrustIRT -2.06%72 EV-to-EBITDA is 17.05 as of Jul. 20, 2026, which is 9% below its 10-year median of 18.75. GuruFocus rates IRT with a GF Score™ of 72/100 and a GF Value™ of $17.13 (Fairly Valued). The stock has 6 warning signs investors should review. Among 682 REITs companies, Independence Realty Trust ranks worse than 58.65% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Independence Realty Trust's enterprise value is $6,456.3 Mil.
Independence Realty Trust's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $378.6 Mil. Therefore, Independence Realty Trust's EV-to-EBITDA for today is 17.05.
The historical rank and industry rank for Independence Realty Trust's EV-to-EBITDA or its related term are showing as below:
IRT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.99 Med: 18.75 Max: 39.1
Current: 17.05
During the past 13 years, the highest EV-to-EBITDA of Independence Realty Trust was 39.10. The lowest was 9.99. And the median was 18.75.
IRT's EV-to-EBITDA is ranked worse than 58.65% of 682
companies
in the REITs industry
Industry Median: 15.52
vs IRT: 17.05
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Independence Realty Trust's PE Ratio (TTM) for today is calculated as:
Independence Realty Trust's share price for today is $16.62.
Independence Realty Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.200.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Residential subindustry, Independence Realty Trust's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independence Realty Trust EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's EV-to-EBITDA falls into.
Independence Realty Trust's current Enterprise Value is $6,456.3 Mil.
Independence Realty Trust's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $378.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Independence Realty Trust (IRT) has a EV-to-EBITDA of 17.05 as of Jul. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Independence Realty Trust. This is near median its historical median of 18.75. Over the past decade, Independence Realty Trust's EV-to-EBITDA has ranged from 9.99 to 39.10. According to the industry distribution chart, Independence Realty Trust ranks #400 out of 682 companies in the REITs industry, placing it in the top 58.7%.
Is Independence Realty Trust's EV-to-EBITDA too high?
Independence Realty Trust's current EV-to-EBITDA of 17.05 is near median its 10-year median of 18.75. Over the past 10 years, this metric has ranged from a low of 9.99 to a high of 39.10. The REITs industry median EV-to-EBITDA is 15.52. Independence Realty Trust's value of 17.05 is 9.9% above this industry median. Based on the distribution chart, Independence Realty Trust ranks #400 out of 682 companies in the REITs industry, which is below the industry midpoint. Overall, Independence Realty Trust has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's EV-to-EBITDA compare to MRP and JAN?
According to the REITs industry distribution chart, Independence Realty Trust ranks #400 out of 682 companies for EV-to-EBITDA. This places Independence Realty Trust in the lower half of its industry. The industry median EV-to-EBITDA is 15.52. Independence Realty Trust's value of 17.05 is 9.9% above this benchmark. Historically, Independence Realty Trust's own EV-to-EBITDA has ranged from 9.99 to 39.10 over the past decade. While the company's 10-year median is 18.75 vs. the industry median of 15.52, Independence Realty Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.52, based on 682 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Realty Trust's current EV-to-EBITDA of 17.05 is 9.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Independence Realty Trust. For the REITs industry, the median EV-to-EBITDA is 15.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Realty Trust's current EV-to-EBITDA is 17.05, which is near median its own 10-year median of 18.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Independence Realty Trust (IRT) is currently considered Fairly Valued. The stock's GF Value™ is $17.13, compared to a current price of $16.62 — trading 3% below its estimated fair value. The current EV-to-EBITDA is 17.05, which is near median its 10-year median of 18.75 and 9.9% above the REITs industry median of 15.52. Independence Realty Trust's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current EV-to-EBITDA is 17.05 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Independence Realty Trust (IRT) Overvalued in 2026?
Based on GuruFocus' analysis, Independence Realty Trust stock appears to be undervalued.
The current stock price of $16.62 is trading 3% below its estimated GF Value™ of $17.13.
GuruFocus considers Independence Realty Trust to be Fairly Valued.
Key valuation signals for IRT:
EV-to-EBITDA: 17.05 (near median its 10-year median of 18.75)
GF Value™: $17.13 vs. price of $16.62 (3% below fair value)
Industry Position: 9.9% above the REITs median (#400 of 682)
No single metric tells the full story. See the IRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
72GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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