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/E ratio for Independence Realty Trust, Inc. (IRT)
P/E ratio as of 2023: -199.31
According to Independence Realty Trust, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -199.31. At the end of 2022 the company had a P/E ratio of 111.04.
P/E ratio history for Independence Realty Trust, Inc. from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -199.31 |
| 2022 | 111.04 |
| 2021 | 342.44 |
| 2020 | -58.26 |
| 2019 | 189.56 |
| 2018 | 30.41 |
| 2017 | 24.50 |
| 2016 | -46.95 |
| 2015 | 9.61 |
| 2014 | 67.50 |
| 2013 | 71.13 |
| 2012 | -754.52 |
| 2011 | -727.57 |
| 2010 | 21870.08 |
| 2009 | 0.00 |