Independence Realty Trust, Inc.

Independence Realty Trust, Inc. - PE Ratioverified

IRT

Price:

$15.82

Market Cap:

$3.73B

Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a re...[Read more]

Industry

REIT - Residential

IPO Date

2013-08-13

Stock Exchange

NYSE

Ticker

IRT

The PE Ratio as of June 2026 (TTM) for Independence Realty Trust, Inc. (IRT) is 79.10

According to Independence Realty Trust, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 79.10. This represents a change of -104.43% compared to the average of -1786.67 of the last 4 quarters.

Independence Realty Trust, Inc. (IRT) Historical PE Ratio (quarterly & annually)

How has IRT PE Ratio performed in the past?

The mean historical PE Ratio of Independence Realty Trust, Inc. over the last ten years is 58.47. The current 79.10 PE Ratio has changed 13.43% with respect to the historical average. Over the past ten years (40 quarters), IRT's PE Ratio was at its highest in in the March 2021 quarter at 380.00. The PE Ratio was at its lowest in in the March 2026 quarter at -7445.00.

Quarterly (TTM)
Annual

Average

58.47

Median

51.72

Minimum

-199.22

Maximum

342.57

Independence Realty Trust, Inc. (IRT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Independence Realty Trust, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 519.29%

Maximum Annual PE Ratio = 342.57

Minimum Annual Increase = -686.68%

Minimum Annual PE Ratio = -199.22

Quarterly (TTM)
Annual
YearPE RatioChange
202572.83-37.59%
2024116.71-158.58%
2023-199.22-277.24%
2022112.40-67.19%
2021342.57-686.68%
2020-58.39-130.81%
2019189.50519.29%
201830.6024.34%
201724.61-152.42%
2016-46.95-587.60%

Independence Realty Trust, Inc. (IRT) Average PE Ratio

How has IRT PE Ratio performed in the past?

The current PE Ratio of Independence Realty Trust, Inc. (IRT) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

-3.23

5-year avg

89.06

10-year avg

58.47

Independence Realty Trust, Inc. (IRT) PE Ratio vs. Peers

How is IRT’s PE Ratio compared to its peers?

Independence Realty Trust, Inc.’s PE Ratio is greater than Tanger Inc. (35.55), greater than Public Storage (32.76), greater than Americold Realty Trust, Inc. (-35.89), greater than EPR Properties (17.70), less than Sunstone Hotel Investors, Inc. (84.35), greater than Broadstone Net Lease, Inc. (31.18), greater than DigitalBridge Group, Inc. (31.76), greater than National Health Investors, Inc. (22.77),

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