Innovative Industrial Properties price to sales ratio IIPR
Market value divided by revenue over the last twelve months, since 2018.
- Today, Oct 23, 2026
- 5.7×
- 9-year median
- 12.7×
- Against its 9-year history
- 13th
- percentile: 0 is its lowest day, 100 its highest
- 9-year range
- 4.5× to 67.7×
- Peer median
- 4.2×
Innovative Industrial Properties' price to sales ratio is 5.7× as of Oct 23, 2026.
That is below its 9-year median of 12.7×, lower than on 87% of days in the last 9 years.
Over that time it ranged from 4.5× in Aug 2025 to 67.7× in Jul 2019.
The median for 10 real Estate services stocks of a similar size is 4.2×.
Price to sales ratio over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 5.7× | 4.6× | 7.0× |
| 2025 | 5.2× | 4.5× | 6.7× |
| 2024 | 6.2× | 6.2× | 12.3× |
| 2023 | 9.4× | 6.6× | 11.8× |
| 2022 | 10.7× | 10.0× | 29.2× |
| 2021 | 34.4× | 29.9× | 48.8× |
| 2020 | 41.7× | 21.4× | 42.9× |
| 2019 | 28.1× | 26.5× | 67.7× |
| 2018 | 36.5× | 23.8× | 43.4× |
Against its peers
Companies in Real Estate - Services nearest Innovative Industrial Properties' size, closest first, today.
| Company | Price to sales ratio |
|---|---|
| IIPRInnovative Industrial Properties | 5.7× |
| FORForestar | 0.8× |
| GTYGetty Realty | 7.8× |
| NMRKNewmark | 0.6× |
| MMIMarcus & Millichap | 1.3× |
| UEUrban Edge Properties | 4.9× |
| CWKCushman & Wakefield | 0.3× |
| CURBCurbline Properties | 14.2× |
| GOODGladstone Commercial | 3.4× |
| MRPMillrose Properties | 5.2× |
| TRCTejon Ranch | 7.8× |
| Peer median | 4.2× |
Where Innovative Industrial Properties ranks
What the price to sales ratio tells you
Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.
Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.
More on Innovative Industrial Properties
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.