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Daily valuation snapshot
Independence Realty Trust Inc.: source evidence dated 2026-10-09.
- Daily close (USD)
- $14.77
- Market capitalization (USD)
- $3,481,947,254.59
- Price / earnings (TTM)
- 80.08
- Price / book
- 1
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Company overview
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. 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.
Daily valuation snapshot
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These values come from the daily market snapshot dated 2026-10-09. TTM means trailing twelve months. Use the market date when comparing IRT with another company.
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| Daily close (USD) | $14.77 |
| Market capitalization (USD) | $3,481,947,254.59 |
| Price / earnings (TTM) | 80.08 |
| Price / book | 1 |
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Read IRT's valuation metrics
Company size
Independence Realty Trust Inc.'s recorded market capitalization is $3,481,947,254.59. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
IRT's recorded P/E is 80.08: about $80.08 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.
Price relative to book equity
IRT's recorded price-to-book ratio is 1. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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