GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Innovative Industrial Properties Inc (LTS:0JBD) » Definitions » EV-to-Revenue

Innovative Industrial Properties (LTS:0JBD) EV-to-Revenue : 10.53 (As of May. 25, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Innovative Industrial Properties EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Innovative Industrial Properties's enterprise value is $3,253.1 Mil. Innovative Industrial Properties's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $308.9 Mil. Therefore, Innovative Industrial Properties's EV-to-Revenue for today is 10.53.

The historical rank and industry rank for Innovative Industrial Properties's EV-to-Revenue or its related term are showing as below:

LTS:0JBD' s EV-to-Revenue Range Over the Past 10 Years
Min: 7.23   Med: 19.09   Max: 58.42
Current: 10.53

During the past 8 years, the highest EV-to-Revenue of Innovative Industrial Properties was 58.42. The lowest was 7.23. And the median was 19.09.

LTS:0JBD's EV-to-Revenue is ranked worse than
51.08% of 830 companies
in the REITs industry
Industry Median: 10.195 vs LTS:0JBD: 10.53

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-05-25), Innovative Industrial Properties's stock price is $109.10. Innovative Industrial Properties's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $10.91. Therefore, Innovative Industrial Properties's PS Ratio for today is 10.00.


Innovative Industrial Properties EV-to-Revenue Historical Data

The historical data trend for Innovative Industrial Properties's EV-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Innovative Industrial Properties EV-to-Revenue Chart

Innovative Industrial Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-Revenue
Get a 7-Day Free Trial 22.98 37.71 34.19 11.08 9.73

Innovative Industrial Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.36 7.72 7.71 9.73 10.00

Competitive Comparison of Innovative Industrial Properties's EV-to-Revenue

For the REIT - Industrial subindustry, Innovative Industrial Properties's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innovative Industrial Properties's EV-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Innovative Industrial Properties's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Innovative Industrial Properties's EV-to-Revenue falls into.



Innovative Industrial Properties EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Innovative Industrial Properties's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3253.057/308.893
=10.53

Innovative Industrial Properties's current Enterprise Value is $3,253.1 Mil.
Innovative Industrial Properties's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $308.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innovative Industrial Properties  (LTS:0JBD) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Innovative Industrial Properties's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=109.10/10.909
=10.00

Innovative Industrial Properties's share price for today is $109.10.
Innovative Industrial Properties's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.91.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innovative Industrial Properties EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Innovative Industrial Properties's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Innovative Industrial Properties (LTS:0JBD) Business Description

Traded in Other Exchanges
Address
1389 Center Drive, Suite 220, Park City, UT, USA, 84098
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.

Innovative Industrial Properties (LTS:0JBD) Headlines

No Headlines