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Innovative Industrial Properties (Innovative Industrial Properties) Price-to-Owner-Earnings : (As of May. 03, 2024)


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What is Innovative Industrial Properties Price-to-Owner-Earnings?

As of today (2024-05-03), Innovative Industrial Properties's share price is $109.48. Innovative Industrial Properties does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Innovative Industrial Properties's Price-to-Owner-Earnings or its related term are showing as below:

During the past 8 years, the highest Price-to-Owner-Earnings of Innovative Industrial Properties was 46.57. The lowest was 28.54. And the median was 38.04.


IIPR's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.31
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-05-03), Innovative Industrial Properties's share price is $109.48. Innovative Industrial Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $5.77. Therefore, Innovative Industrial Properties's PE Ratio for today is 18.97.

As of today (2024-05-03), Innovative Industrial Properties's share price is $109.48. Innovative Industrial Properties's EPS without NRI for the trailing twelve months (TTM) ended in was $5.77. Therefore, Innovative Industrial Properties's PE Ratio without NRI for today is 18.97.

During the past 8 years, Innovative Industrial Properties's highest PE Ratio without NRI was 231.65. The lowest was 11.98. And the median was 45.85.


Innovative Industrial Properties Price-to-Owner-Earnings Historical Data

The historical data trend for Innovative Industrial Properties's Price-to-Owner-Earnings can be seen below:

* 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.

* Premium members only.

Innovative Industrial Properties Price-to-Owner-Earnings Chart

Innovative Industrial Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial - 39.75 41.12 - -

Innovative Industrial Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Innovative Industrial Properties's Price-to-Owner-Earnings

For the REIT - Industrial subindustry, Innovative Industrial Properties's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Innovative Industrial Properties's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Innovative Industrial Properties's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Innovative Industrial Properties's Price-to-Owner-Earnings falls into.



Innovative Industrial Properties Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Innovative Industrial Properties's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=109.48/0.00
=

* 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.


Innovative Industrial Properties  (NYSE:IIPR) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Innovative Industrial Properties Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Innovative Industrial Properties's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Innovative Industrial Properties (Innovative Industrial Properties) Business Description

Traded in Other Exchanges
Address
1389 Center Drive, Suite 220, Park City, UT, USA, 84098
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
Executives
David Stecher director C/O INNOVATIVE INDUSTRIAL PROPERTIES INC, 17190 BERNARDO CENTER DRIVE, SAN DIEGO CA 92128
David Jon Smith officer: CFO AND TREASURER C/O FIG LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Alan D Gold director, officer: Executive Chairman 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Scott Shoemaker director C/O INNOVATIVE INDUSTRIAL PROPERTIES INC, 17190 BERNARDO CENTER DRIVE, SAN DIEGO CA 92128
Brian J. Wolfe officer: VP, GEN. COUNSEL AND SECRETARY C/O INNOVATIVE INDUSTRIAL PROPERTIES INC, 17190 BERNARDO CENTER DRIVE, SAN DIEGO CA 92128
Paul E. Smithers director, officer: PRESIDENT, CEO AND DIRECTOR C/O INNOVATIVE INDUSTRIAL PROPERTIES INC, 17190 BERNARDO CENTER DRIVE, SAN DIEGO CA 92128
Catherine Hastings officer: CFO AND TREASURER C/O INNOVATIVE INDUSTRIAL PROPERTIES INC, 17190 BERNARDO CENTER DRIVE, SAN DIEGO CA 92128
Andy Bui officer: VP, CHIEF ACCOUNTING OFFICER C/O INNOVATIVE INDUSTRIAL PROPERTIES, 11440 WEST BERNARDO COURT, SUITE 100, SAN DIEGO CA 92127
Mary A Curran director 3 MACARTHUR BLVD, SANTA ANA CA 92707
Gary A Kreitzer director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Hg Vora Capital Management, Llc 10 percent owner 330 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10017
Robert M. Sistek officer: CFO and EVP, Investments C/O CORESITE REALTY CORPORATION, 1050 17TH STREET, SUITE 800, DENVER CO 80265
Greg Fahey officer: CAO and Treasurer 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Gary Malino director C/O PRICESMART, INC., 9740, SAN DIEGO CA 92121

Innovative Industrial Properties (Innovative Industrial Properties) Headlines