Innovative Industrial Properties (IIPR)

P/B ratio as of April 2026 : 0.7644

According to Innovative Industrial Properties 's latest financial reports the company has a price-to-book ratio of 5.11771.
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 Properties - P/B ratio (from 2017 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	0.7440	-25.36%
2024-12-31	0.9967	-31.14%
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	P/B ratio differencediff.	Country
Gladstone Land LAND	0.6516	-14.76%	🇺🇸 USA
NexPoint Real Estate Finance NREF	0.4071	-46.75%	🇺🇸 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.

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Innovative Industrial Properties (IIPR) - P/B ratio