* 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:
LTS:0JBD'
s PEG Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.62 Max: 2.78
Current: 2.01
During the past 10 years, Innovative Industrial Properties's highest PEG Ratio was 2.78. The lowest was 0.18. And the median was 0.62.
LTS:0JBD's PEG Ratio is ranked better than 55.84% of 274
companies
in the REITs industry
Industry Median: 3.505
vs LTS:0JBD: 2.01
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Innovative Industrial Properties (LTS:0JBD) 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
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.
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 PEG Ratio vs 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.
* 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 (LTS:0JBD) has a PEG Ratio of 1.99 as of Jul. 13, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Innovative Industrial Properties and its competitors. This is 221% above median its historical median of 0.62. Over the past decade, Innovative Industrial Properties' PEG Ratio has ranged from 0.18 to 2.78. According to the industry distribution chart, Innovative Industrial Properties ranks #121 out of 274 companies in the REITs industry, placing it in the top 44.2%.
Is Innovative Industrial Properties' PEG Ratio too high?
Innovative Industrial Properties' current PEG Ratio of 1.99 is 221% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 2.78. The REITs industry median PEG Ratio is 3.51. Innovative Industrial Properties' value of 1.99 is 43.2% below this industry median. Based on the distribution chart, Innovative Industrial Properties ranks #121 out of 274 companies in the REITs industry, which is above the industry midpoint. Overall, Innovative Industrial Properties has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' PEG Ratio compare to SMA and ILPT?
According to the REITs industry distribution chart, Innovative Industrial Properties ranks #121 out of 274 companies for PEG Ratio. This puts Innovative Industrial Properties in the upper half of its industry. The industry median PEG Ratio is 3.51. Innovative Industrial Properties' value of 1.99 is 43.2% below this benchmark. Historically, Innovative Industrial Properties' own PEG Ratio has ranged from 0.18 to 2.78 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 3.51, Innovative Industrial Properties has consistently been below 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 PEG Ratio for a REITs company?
The median PEG Ratio among REITs companies is 3.51, based on 274 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovative Industrial Properties's current PEG Ratio of 1.99 is 43.2% below 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Innovative Industrial Properties and its competitors. For the REITs industry, the median PEG Ratio is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Industrial Properties's current PEG Ratio is 1.99, which is 221% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Industrial Properties stock overvalued right now?
Based on GuruFocus' analysis, Innovative Industrial Properties (LTS:0JBD) is currently considered Fairly Valued. The stock's GF Value™ is $64.76, compared to a current price of $63.96 — trading 1.2% below its estimated fair value. The current PEG Ratio is 1.99, which is 221% above median its 10-year median of 0.62 and 43.2% below the REITs industry median of 3.51. Innovative Industrial Properties' overall GF Score™ is 78/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Innovative Industrial Properties (LTS:0JBD), the current PEG Ratio is 1.99 as of Jul. 13, 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 Innovative Industrial Properties (LTS:0JBD) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Industrial Properties stock appears to be undervalued.
The current stock price of $63.96 is trading 1.2% below its estimated GF Value™ of $64.76.
GuruFocus considers Innovative Industrial Properties to be Fairly Valued.
Key valuation signals for LTS:0JBD:
PEG Ratio: 1.99 (221% above median its 10-year median of 0.62)
GF Value™: $64.76 vs. price of $63.96 (1.2% below fair value)
Industry Position: 43.2% below the REITs median (#121 of 274)
No single metric tells the full story. See the LTS:0JBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Industrial Properties Business Description
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
78GF Score
Get the complete analysis for LTS:0JBD
PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0JBD has been successfully added to your 
