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/S ratio for Independence Realty Trust, Inc. (IRT)
P/S ratio as of 2023: 5.19
According to Independence Realty Trust, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.19. At the end of 2022 the company had a P/S ratio of 5.95.
P/S ratio history for Independence Realty Trust, Inc. from 2009 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 5.19 |
| 2022 | 5.95 |
| 2021 | 11.20 |
| 2020 | 5.94 |
| 2019 | 6.22 |
| 2018 | 4.18 |
| 2017 | 4.59 |
| 2016 | 3.00 |
| 2015 | 2.48 |
| 2014 | 4.03 |
| 2013 | 2.23 |
| 2012 | 4.90 |
| 2011 | 9.40 |
| 2010 | 15177.48 |
| 2009 | 0.00 |