Yes and no; 'ihr' (no capital) means 'you plural' as a personal pronoun. But 'ihr' as possessive pronoun means 'her'. And it gets the same ending as 'ein'. And 'Ihr' (capital) means 'your' (formal) as a possessive pronoun. So if Ihre would have been with a capital your translation would have been right, although it would be a biological miracle.