InnovativeIIPR.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Deeply Undervalued” zone.
As of Oct 16, 2026, Innovative (IIPR.N) trades at a P/E of 11.40x, P/B of 0.78x, P/S of 5.48x, and a dividend yield of 10.88%.
Longitudinal percentile comparison: P/E sits at the 7th percentile over the trailing 10Y window (vs. 20th percentile over 3Y); P/B sits at the 5th percentile over the trailing 10Y window (vs. 18th percentile over 3Y); P/S sits at the 10th percentile over the trailing 10Y window (vs. 29th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 31st percentile within its industry and the 24th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 12.27%, ranking at the 92nd percentile over the trailing 20Y window.
The P/E and P/B long-window percentiles differ by only 1.6 points, pointing to a consistent valuation read across both metrics. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Breaking down the total shareholder yield: 10.88% comes from cash dividends, with an implied ~1.39% from buybacks — a fairly balanced mix of both channels. Innovative operates in the Finance, Insurance, And Real Estate sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: IIPR · IIPR
Want the full picture on whether Innovative (IIPR.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 11.40 | ||||||
| P/B (MRQ) | 0.78 | ||||||
| P/S (TTM) | 5.48 | ||||||
| Dividend Yield | 10.88% | ||||||
| Buyback + Div Yield | 12.27% |