Independence Realty Trust, Inc.

NYSE IRT

Independence Realty Trust, Inc. Price to Book Ratio (P/B) on January 14, 2025: 1.28

Independence Realty Trust, Inc. Price to Book Ratio (P/B) is 1.28 on January 14, 2025, a 28.61% change year over year. Price to book ratio compares the stock price to the book value per share; above 1 indicates market values company more than its book value.
  • Independence Realty Trust, Inc. 52-week high Price to Book Ratio (P/B) is 1.50 on November 27, 2024, which is 17.07% above the current Price to Book Ratio (P/B).
  • Independence Realty Trust, Inc. 52-week low Price to Book Ratio (P/B) is 0.94 on February 13, 2024, which is -26.30% below the current Price to Book Ratio (P/B).
  • Independence Realty Trust, Inc. average Price to Book Ratio (P/B) for the last 52 weeks is 1.22.
Key data
Date Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield Price to Earnings Ratio (P/E)
Market news
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NYSE: IRT

Independence Realty Trust, Inc.

CEO Mr. Scott F. Schaeffer
IPO Date Aug. 13, 2013
Location United States
Headquarters 1835 Market Street
Employees 952
Sector Real Estate
Industries
Description

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.

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StockViz Staff

January 15, 2025

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