# Independence Realty Trust share price today (Independence Realty Trust, Inc., IRT)

> Independence Realty Trust, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. IRT · Real Estate · REIT - Residential · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/irt

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $14.81 (−7.0% in a year)
- P/E: 57.2×, over 4.6 years
- Revenue (Jun 2026): $166 M (+3.0% on a year ago)
- Profit (Jun 2026): $3.4 M (−57.9% on a year ago)
- Operating margin: 14.8% (−2.0 points on a year ago)
- ROE: 2%, FY25
- ROIC: 1.2%, against a 6.9% cost of capital: −5.7 points

The main question: yearly earnings per share moved +41.2% while the share price moved −7.0%. ## What is the Independence Realty Trust share price today? Independence Realty Trust, Inc.'s share price was $14.81 at the close on 3 November 2026. It has been falling for 11 weeks. That is 7.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $15 and $18, and at that close it sat 10% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 12 weeks running. Over the last 10 years the share price moved +78% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Independence Realty Trust pay? Independence Realty Trust, Inc. paid $0.69 per share over the last four reported quarters. The most recent declaration was $0.18 for Jun 2026. At today's price of $14.81 that is a yield of 4.66%, based on dividends already paid, not a forecast. ## Which stock lists is Independence Realty Trust on? Independence Realty Trust is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Independence Realty Trust profitable? Independence Realty Trust, Inc. earned $3.4 M of net profit in the Jun 2026 quarter, −57.9% on the same quarter a year earlier. Full-year FY25 profit was $56.6 M. Over 4 years profit has grown 6.1% a year on average. That is 2.0% of the quarter's revenue. The same quarter a year earlier earned $8.0 M. 3 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $56.6 M (+43.9% on the year before). Why profit moved: revenue changed +3.0% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −67.7% and revenue +5.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Independence Realty Trust make, and is it growing? Independence Realty Trust, Inc. reported $166 M of revenue in the Jun 2026 quarter, +3.0% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 4 years it has grown 27.9% a year on average. The last full year, FY25, came in at $669 M. The last four reported quarters add to $677 M. FY25 revenue was $669 M, +4.4% on the year before. Recent pace: the last four quarters grew +5.0% on average, against 27.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +4.9%, against +2.0% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Independence Realty Trust keep? Independence Realty Trust, Inc.'s operating margin was 14.8% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 5 years it has been between 14.5% and 21.8%. The latest quarter is within that range. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is Independence Realty Trust's profit turning into cash? Over the last 3 years, 371% of Independence Realty Trust, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $282 M of operating cash against $56.6 M of profit. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Independence Realty Trust's cash go? Independence Realty Trust, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Independence Realty Trust's P/E ratio, and how does it compare with its own history? Independence Realty Trust, Inc.'s P/E is 57.2×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +41.2% while the price moved −7.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +2.8% a year; about −11.2% a year came from earnings growth and about +14.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Independence Realty Trust business getting better or worse? Independence Realty Trust, Inc.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 7.4%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Independence Realty Trust earn on its capital? Independence Realty Trust, Inc. earned a ROE of 2% in FY25. That is up from a low of −1% in FY23. Its return on capital used (ROIC) is 5.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 8.5% net margin and 0.11× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 8.5% net margin × 0.11× asset turnover × 1.68× leverage (assets divided by equity) ≈ 1.6% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 1.2% − 6.9% = −5.7 percentage points. The 6.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Independence Realty Trust have too much debt? Independence Realty Trust, Inc. has total debt of $2.4 B against shareholder equity of $3.5 B as of Jun 2026, so its debt is 0.70× its equity. Year by year, that ratio went from 0.75 in FY21 to 0.64 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Independence Realty Trust shareholding pattern? 8.3% of Independence Realty Trust, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Independence Realty Trust from balance-sheet trouble? For Independence Realty Trust, Inc., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Independence Realty Trust rank in its industry? 42.6 out of 100, rank 11 of 22 in REIT - Residential, with 64% of the evidence available. Independence Realty Trust, Inc. scores 42.6 out of 100 against the 22 companies it is compared with in REIT - Residential, ranking 11. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 18.9 + 8.9 + 9.8 + 5 = 42.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Independence Realty Trust compared with? Independence Realty Trust ranks 11 of 22 REIT - Residential companies on the 4-Factor Sector Score, with 42.6 out of 100. 1. [UDR, Inc.](https://www.sectoralpha.in/us/stocks/udr) UDR · basing · Most evidence points up · 76% evidence 68.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.1/35 · Income 3% · Profit 100% · 71% evidence Capital efficiency 18.5/25 · ROA 2.3% · ROE 19.7% · GNPA n/a · 68% evidence Valuation 11.5/20 · P/BV 3.38× · P/BV÷ROE 0.17 · 70% evidence Relative strength 14.8/20 · Lead over its industry 6.9% · Lead over S&P 500 -6.6% · 1 year 4.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.1 + 18.5 + 11.5 + 14.8 = 68.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. Millrose Properties, Inc. MRP · basing · Evidence leans up · 67% evidence 64.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Income n/a · Profit 100% · 45% evidence Capital efficiency 16.8/25 · ROA 4.4% · ROE 8.4% · GNPA n/a · 68% evidence Valuation 16.0/20 · P/BV 0.85× · P/BV÷ROE 0.1 · 70% evidence Relative strength 6.5/20 · Lead over its industry -2.8% · Lead over S&P 500 -15.4% · 1 year -18.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 24.7 + 16.8 + 16 + 6.5 = 64 · What this means: Earnings are strong; relative strength in its sector is -2.8% and the one-year return is -18.6%. 3. [Equity LifeStyle Properties, Inc.](https://www.sectoralpha.in/us/stocks/els) ELS · basing · Evidence leans up · 80% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Income 3.1% · Profit 2.1% · 81% evidence Capital efficiency 20.9/25 · ROA 5.5% · ROE 21.9% · GNPA n/a · 68% evidence Valuation 6.9/20 · P/BV 6.27× · P/BV÷ROE 0.29 · 70% evidence Relative strength 12.3/20 · Lead over its industry 3.9% · Lead over S&P 500 -9.2% · 1 year -2.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.3 + 20.9 + 6.9 + 12.3 = 59.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 4. [American Homes 4 Rent](https://www.sectoralpha.in/us/stocks/amh) AMH · basing · Evidence leans up · 76% evidence 57.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Income 4.2% · Profit 12.4% · 71% evidence Capital efficiency 15.6/25 · ROA 2.2% · ROE 7.8% · GNPA n/a · 68% evidence Valuation 8.6/20 · P/BV 1.61× · P/BV÷ROE 0.21 · 70% evidence Relative strength 14.6/20 · Lead over its industry 8.6% · Lead over S&P 500 -5% · 1 year -1.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19 + 15.6 + 8.6 + 14.6 = 57.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Invitation Homes Inc.](https://www.sectoralpha.in/us/stocks/invh) INVH · basing · Evidence leans up · 76% evidence 53.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.8/35 · Income 7.6% · Profit 20.7% · 71% evidence Capital efficiency 15.7/25 · ROA 2.4% · ROE 6.9% · GNPA n/a · 68% evidence Valuation 7.7/20 · P/BV 1.97× · P/BV÷ROE 0.29 · 70% evidence Relative strength 10.5/20 · Lead over its industry 4.6% · Lead over S&P 500 -8.5% · 1 year -5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.8 + 15.7 + 7.7 + 10.5 = 53.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [AvalonBay Communities, Inc.](https://www.sectoralpha.in/us/stocks/avb) AVB · Too little evidence to rank firmly · 56% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.3/43.75 · Income 3.7% · Profit -11.5% · 71% evidence Capital efficiency 22.3/31.25 · ROA 2.5% · ROE 11.2% · GNPA n/a · 68% evidence Valuation 13.6/25 · P/BV 2.19× · P/BV÷ROE 0.2 · 70% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 17.3 + 22.3 + 13.6 = 53.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Essex Property Trust, Inc.](https://www.sectoralpha.in/us/stocks/ess) ESS · basing · Evidence leans down · 76% evidence 49.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Income 4.7% · Profit -48.2% · 71% evidence Capital efficiency 17.4/25 · ROA 3.4% · ROE 7.9% · GNPA n/a · 68% evidence Valuation 4.7/20 · P/BV 3.4× · P/BV÷ROE 0.43 · 70% evidence Relative strength 12.7/20 · Lead over its industry 7.9% · Lead over S&P 500 -5.5% · 1 year 1.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 17.4 + 4.7 + 12.7 = 49.1 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. Clipper Realty Inc. CLPR · breaking out · Too little evidence to rank firmly · 55% evidence 47.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.9/35 · Income -1.3% · Profit n/a · 45% evidence Capital efficiency 9.2/25 · ROA 1.6% · ROE -267.6% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV -0.42× · P/BV÷ROE n/a · 10% evidence Relative strength 18.9/20 · Lead over its industry 13.2% · Lead over S&P 500 -1.3% · 1 year -9.7% · 100% evidence · 8 of 12 weeks ahead Exact sum: 9.9 + 9.2 + 9.8 + 18.9 = 47.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [UMH Properties, Inc.](https://www.sectoralpha.in/us/stocks/umh) UMH · quiet · Evidence leans down · 76% evidence 46.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Income 8.4% · Profit -18.2% · 71% evidence Capital efficiency 12.6/25 · ROA 1.7% · ROE 3.4% · GNPA n/a · 68% evidence Valuation 5.8/20 · P/BV 1.45× · P/BV÷ROE 0.42 · 70% evidence Relative strength 10.9/20 · Lead over its industry 3.7% · Lead over S&P 500 -9.4% · 1 year -2.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 17.6 + 12.6 + 5.8 + 10.9 = 46.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Camden Property Trust](https://www.sectoralpha.in/us/stocks/cpt) CPT · basing · Evidence leans down · 76% evidence 46.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.3/35 · Income 0.7% · Profit 100% · 71% evidence Capital efficiency 14.2/25 · ROA 2.1% · ROE 4.2% · GNPA n/a · 68% evidence Valuation 4.1/20 · P/BV 3.03× · P/BV÷ROE 0.72 · 70% evidence Relative strength 9.5/20 · Lead over its industry 3.6% · Lead over S&P 500 -9.5% · 1 year -1.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.3 + 14.2 + 4.1 + 9.5 = 46.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. Independence Realty Trust, Inc. this page IRT · basing · Evidence leans down · 64% evidence 42.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Income 4.8% · Profit 59.3% · 71% evidence Capital efficiency 8.9/25 · ROA 0.9% · ROE 0% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 1.13× · P/BV÷ROE n/a · 10% evidence Relative strength 5.0/20 · Lead over its industry -0.3% · Lead over S&P 500 -13.1% · 1 year -10.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.9 + 8.9 + 9.8 + 5 = 42.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 12. [Equity Residential](https://www.sectoralpha.in/us/stocks/eqr) EQR · Too little evidence to rank firmly · 56% evidence 42.3 out of 100 Growth Capital Valuation Relative
13. [Sun Communities, Inc.](https://www.sectoralpha.in/us/stocks/sui) SUI · basing · Evidence leans down · 76% evidence 41.9 out of 100 Growth Capital Valuation Relative
14. [Centerspace](https://www.sectoralpha.in/us/stocks/csr) CSR · turning · Too little evidence to rank firmly · 55% evidence 40.7 out of 100 Growth Capital Valuation Relative
15. [Mid-America Apartment Communities, Inc.](https://www.sectoralpha.in/us/stocks/maa) MAA · basing · Evidence leans down · 76% evidence 36.9 out of 100 Growth Capital Valuation Relative
16. [BRT Apartments Corp.](https://www.sectoralpha.in/us/stocks/brt) BRT · basing · Too little evidence to rank firmly · 55% evidence 35.2 out of 100 Growth Capital Valuation Relative
17. [NexPoint Residential Trust, Inc.](https://www.sectoralpha.in/us/stocks/nxrt) NXRT · quiet · Too little evidence to rank firmly · 55% evidence 30.7 out of 100 Growth Capital Valuation Relative
18. [National Healthcare Properties, Inc.](https://www.sectoralpha.in/us/stocks/nhp) NHP · Too little evidence to rank firmly · 35% evidence 45.0 out of 100 Growth Capital Valuation Relative
19. Elme Communities ELME · Too little evidence to rank firmly · 19% evidence 44.5 out of 100 Growth Capital Valuation Relative
20. Bluerock Homes Trust, Inc. BHM · Too little evidence to rank firmly · 35% evidence 42.5 out of 100 Growth Capital Valuation Relative
21. [Apartment Investment and Management Company](https://www.sectoralpha.in/us/stocks/aiv) AIV · basing · Too little evidence to rank firmly · 39% evidence 37.2 out of 100 Growth Capital Valuation Relative
22. [Janus Living, Inc.](https://www.sectoralpha.in/us/stocks/jan) JAN · quiet · Too little evidence to rank firmly · 31% evidence 35.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [REIT - Residential](https://www.sectoralpha.in/us/sectors/reit-residential), all 22 compared on one page. ## Which companies are close to Independence Realty Trust in size? Independence Realty Trust is the 12th largest of 18 REIT - Residential companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Equity LifeStyle Properties, Inc., Camden Property Trust and Janus Living, Inc. Just below it: UMH Properties, Inc., National Healthcare Properties, Inc. and Centerspace. ### REIT - Residential companies close in size

1. [Equity LifeStyle Properties, Inc.](https://www.sectoralpha.in/us/stocks/els) $12.1 billion
2. [Camden Property Trust](https://www.sectoralpha.in/us/stocks/cpt) $10.5 billion
3. [Janus Living, Inc.](https://www.sectoralpha.in/us/stocks/jan) $9.1 billion
4. Independence Realty Trust, Inc. $3.6 billion
5. [UMH Properties, Inc.](https://www.sectoralpha.in/us/stocks/umh) $1.3 billion
6. [National Healthcare Properties, Inc.](https://www.sectoralpha.in/us/stocks/nhp) $1.1 billion
7. [Centerspace](https://www.sectoralpha.in/us/stocks/csr) $1 billion

[All 18 REIT - Residential companies, largest first](https://www.sectoralpha.in/us/sectors/reit-residential#all-companies)

### Companies close in size in other industries

1. [Lionsgate Studios Corp.](https://www.sectoralpha.in/us/stocks/lion) $3.6 billion · Entertainment
2. [LXP Industrial Trust](https://www.sectoralpha.in/us/stocks/lxp) $3.6 billion · REIT - Industrial
3. Independence Realty Trust, Inc. $3.6 billion
4. [AbCellera Biologics Inc.](https://www.sectoralpha.in/us/stocks/abcl) $3.6 billion · Biotechnology
5. [The GEO Group, Inc.](https://www.sectoralpha.in/us/stocks/geo) $3.6 billion · Security & Protection Services

## What else do people ask about Independence Realty Trust? ### What were Independence Realty Trust's latest quarterly results? Independence Realty Trust, Inc. reported revenue of $166 M and net profit of $3.4 M for the Jun 2026 quarter. Revenue rose 3.0% and profit fell 57.9% compared with a year earlier. Earnings per share were $0.01. The operating margin was 14.8%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Independence Realty Trust's market cap? Independence Realty Trust, Inc.'s market capitalisation is $3.6 B at a stock price of $14.81. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Independence Realty Trust performing? Independence Realty Trust, Inc.'s share price has been falling for 11 weeks. In its latest quarter, revenue rose 3.0% and profit fell 57.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 12 weeks running (as of 3 November 2026). ### Will Independence Realty Trust's stock price go up? This page does not forecast Independence Realty Trust, Inc.'s stock price. What it shows instead: the stock price is $14.81, and it has been falling for 11 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Independence Realty Trust in its business cycle? Independence Realty Trust, Inc.'s FY25 operating margin was 19.8%, against a 5-year range of 14.5% to 21.8%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Independence Realty Trust story? The main question: yearly earnings per share moved +41.2% while the share price moved −7.0%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Independence Realty Trust a stock worth studying right now? What the numbers show: Independence Realty Trust, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.