Innovative Industrial (IIPR)

P/B ratio as of May 2024 : 1.53

According to Innovative Industrial 's latest financial reports the company has a price-to-book ratio of 1.53.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Innovative Industrial - P/B ratio (from 2017 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.45	0.17%
2022-12-31	1.45	-62.98%
2021-12-31	3.90	46.58%
2020-12-31	2.66	52.2%
2019-12-31	1.75	4.21%
2018-12-31	1.68	9.16%
2017-12-31	1.54	-100%
2016-12-31	> 1000

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Gladstone Land LAND	0.6391	-58.25%	🇺🇸 USA
NexPoint Real Estate Finance NREF	0.6708	-56.18%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

DISCLAIMER

CompaniesMarketCap is receiving financial compensation for Delta App installs.
CompaniesMarketCap is not associated in any way with CoinMarketCap.com
Stock prices are delayed, the delay can range from a few minutes to several hours.
Company logos are from the CompaniesLogo.com logo database and belong to their respective copyright holders. Companies Marketcap displays them for editorial purposes only.