Independence Realty Inc (IRT) valuation
Independence Realty P/E ratio history
Independence Realty trades at 81.8 times its earnings over the last twelve months and 102.4 times the earnings analysts expect over the next twelve. At its last 8 fiscal year ends its P/E ranged from 23.5 (year to Dec 2017) to 110.2 (year to Dec 2024), with a median of 49.9.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $17.48 | $0.24 | 72.8 | 85.5 |
| Dec 31, 2024 | $19.84 | $0.18 | 110.2 | 73.8 |
| Dec 31, 2023 | $15.30 | -$0.07 | n/m | — |
| Dec 31, 2022 | $16.86 | $0.53 | 31.8 | — |
| Dec 31, 2021 | $25.83 | $0.38 | 68.0 | 91.4 |
| Dec 31, 2020 | $13.43 | $0.16 | 83.9 | — |
| Dec 31, 2019 | $14.08 | $0.50 | 28.2 | — |
| Dec 31, 2018 | $9.18 | $0.29 | 31.7 | — |
| Dec 31, 2017 | $10.09 | $0.43 | 23.5 | — |
| Dec 31, 2016 | $8.92 | — | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Independence Realty valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Independence RealtyIRT | $3.47B | 81.8 | 102.4 | 5.2 |
| Sl Green Realty ReitSLG | $3.58B | — | — | 3.5 |
| Lxp Industrial TrustLXP | $3.61B | 31.5 | 141.6 | 10.3 |
| Curbline PropertiesCURB | $3.28B | 124.0 | 90.9 | 13.3 |
| Broadstone Net LeaseBNL | $3.28B | 22.5 | 24.8 | 6.8 |
| National Health Investors ReitNHI | $3.25B | 19.4 | 17.9 | 7.5 |
| Copt Defense PropertiesCDP | $3.78B | 23.3 | 22.9 | 4.8 |
| Cushman And WakefieldCWK | $3.12B | 45.9 | 8.5 | 0.3 |
| St JoeJOE | $3.99B | 32.9 | — | 7.3 |
| Peer median | 31.5 | 23.9 | 7.1 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: IRT financials · IRT returns
No forecast, no recommendation. This page describes Independence Realty Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.