IIPR (Innovative Industrial Properties) 10-Year Sharpe Ratio: N/A (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IIPR Innovative Industrial Properties Inc IIPR
85 GF Score
Price $56.71
GF Value $60.39
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Innovative Industrial Properties 10-Year Sharpe Ratio?

The 10-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past ten years. As of today (2026-08-23), Innovative Industrial Properties's 10-Year Sharpe Ratio is Not available.

Innovative Industrial Properties  (NYSE:IIPR) 10-Year Sharpe Ratio Explanation

The 10-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past ten years. It is calculated as the annualized result of the average ten-year monthly excess returns divided by its standard deviation in the ten-year period. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.

Innovative Industrial Properties 10-Year Sharpe Ratio Related Terms

IIPR vs SMA, ILPT, NSA: 10-Year Sharpe Ratio Comparison

For the REIT - Industrial subindustry, Innovative Industrial Properties's 10-Year Sharpe Ratio, along with its competitors' market caps and 10-Year Sharpe 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 10-Year Sharpe Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Innovative Industrial Properties's 10-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Innovative Industrial Properties's 10-Year Sharpe Ratio falls into.


IIPR
85GF Score
Innovative Industrial Properties Inc IIPR
10-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovative Industrial Properties 10-Year Sharpe Ratio Calculation

The 10-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset in the last ten years. A stock / portfolio's 10-Year Sharpe Ratio can be calculated by dividing the difference between the ten-year average monthly returns of the investment and the risk-free rate, by the standard deviation of the investment returns over the past ten years.

Is Innovative Industrial Properties (IIPR) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Industrial Properties stock appears to be undervalued. The current stock price of $56.71 is trading 6.1% below its estimated GF Value™ of $60.39. GuruFocus considers Innovative Industrial Properties to be Fairly Valued.

Key valuation signals for IIPR:

  • 10-Year Sharpe Ratio: N/A
  • GF Value™: $60.39 vs. price of $56.71 (6.1% below fair value)
  • GF Score™: 85/100 with 7 warning signs

No single metric tells the full story. See the IIPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Innovative Industrial Properties Business Description

Industry Real EstateREITs
Address 1389 Center Drive, Suite 200, Park City, UT, USA, 84098
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.
85GF Score

Get the complete analysis for IIPR

10-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.71
Price
$60.39
GF Value