* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Innovative Industrial Properties's PEG Ratio or its related term are showing as below:
IIPRpA.PFD'
s PEG Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.26 Max: 0.43
Current: 0.4
During the past 8 years, Innovative Industrial Properties's highest PEG Ratio was 0.43. The lowest was 0.18. And the median was 0.26.
IIPRpA.PFD's PEG Ratio is ranked better than 86.26% of 211
companies
in the REITs industry
Industry Median: 3.28
vs IIPRpA.PFD: 0.40
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Innovative Industrial Properties PEG Ratio Historical Data
* 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.
Competitive Comparison of Innovative Industrial Properties's PEG Ratio
For the REIT - Industrial subindustry, Innovative Industrial Properties's PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Innovative Industrial Properties's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Innovative Industrial Properties's PEG Ratio falls into.
Innovative Industrial Properties PEG Ratio Calculation
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio.
The ratio we use is the 5-Year EBITDA growth rate.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Innovative Industrial Properties (NYSE:IIPRpA.PFD) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Innovative Industrial Properties PEG Ratio Related Terms
Thank you for viewing the detailed overview of Innovative Industrial Properties's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovative Industrial Properties (Innovative Industrial Properties) Business Description
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.
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