Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
P/B ratio for Independence Realty Trust, Inc. (IRT)
P/B ratio as of 2023: 1.00
According to Independence Realty Trust, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.00. At the end of 2022 the company had a P/B ratio of 1.04.
P/B ratio history for Independence Realty Trust, Inc. from 2009 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.00 |
| 2022 | 1.04 |
| 2021 | 0.81 |
| 2020 | 1.78 |
| 2019 | 2.06 |
| 2018 | 1.28 |
| 2017 | 1.19 |
| 2016 | 0.91 |
| 2015 | 0.75 |
| 2014 | 0.79 |
| 2013 | 0.59 |
| 2012 | 26.35 |
| 2011 | 936.64 |
| 2010 | 397.65 |
| 2009 | 0.00 |