Innovative Industrial Properties (IIPR) P/S Ratio
Innovative Industrial Properties (IIPR) has a price-to-sales ratio of 5.03x, placing it in the Premium range for cannabis stocks. The company has a market cap of $1.39B and TTM revenue of $276.0M.
P/S Ratio (TTM)
5.03x
EV/Revenue
N/A
Market Cap
$1.39B
Revenue Growth
—
Valuation Breakdown
| Metric | Value |
|---|---|
| Stock Price | $49.84 |
| Market Capitalization | $1.39B |
| TTM Revenue | $276.0M |
| Price-to-Sales (TTM) | 5.03x |
| EV/Revenue | N/A |
| Revenue Growth (YoY) | — |
| Gross Margin | 0.0% |
| Sector | REIT |
| Exchange | NYSE |
| Valuation Range | Premium |
Frequently Asked Questions
What is IIPR's current price-to-sales ratio?+
The price-to-sales (P/S) ratio divides Innovative Industrial Properties's market capitalization by its trailing twelve months of revenue. Since many cannabis companies are not yet profitable, P/S is one of the most widely used valuation metrics in the sector. A lower ratio may suggest the stock is undervalued relative to revenue.
How does IIPR's P/S compare to other cannabis stocks?+
P/S ratios in cannabis typically range from 0.5x to 5x depending on growth rate, profitability, and market sentiment. High-growth companies command higher multiples, while mature, lower-growth companies trade at lower multiples. Compare Innovative Industrial Properties to peers in the same sub-sector (MSO, LP, ancillary) for meaningful context.
Is IIPR overvalued or undervalued based on P/S?+
A single metric like P/S cannot definitively determine if Innovative Industrial Properties is over- or undervalued. Consider P/S alongside revenue growth rate, gross margins, cash position, and competitive dynamics. A company growing revenue at 50% YoY may justify a higher P/S than one growing at 5%. Also consider enterprise value-to-revenue (EV/Revenue) which accounts for debt and cash.