diff --git a/src/cli/utils.ts b/src/cli/utils.ts
index 80eb71c..46dceac 100644
--- a/src/cli/utils.ts
+++ b/src/cli/utils.ts
@@ -215,15 +215,14 @@ export function renderOutput(
     console.log(toMarkdownTable(
       output,
       outputFormat === "alignedtable" || outputFormat === "prettytable",
-      outputFormat === "prettytable",
       headerSpec,
     ));
   } else if (outputFormat === "alignedtable") {
-    console.log(toMarkdownTable(output, true, false, headerSpec));
+    console.log(toMarkdownTable(output, true, headerSpec));
   } else if (outputFormat === "prettytable") {
-    console.log(toMarkdownTable(output, true, true, headerSpec));
+    console.log(toMarkdownTable(output, true, headerSpec));
   } else if (outputFormat === "table") {
-    console.log(toMarkdownTable(output, false, false, headerSpec));
+    console.log(toMarkdownTable(output, false, headerSpec));
   } else {
     console.log(JSON.stringify(output, null, 2));
   }
diff --git a/src/markdown.ts b/src/markdown.ts
index bcba7ab..ed625f2 100644
--- a/src/markdown.ts
+++ b/src/markdown.ts
@@ -17,6 +17,25 @@ function formatCell(value: unknown): string {
   return text.replaceAll("|", "\\|").replaceAll("\n", "<br>");
 }
 
+const inlineCodePredicates = [
+  (value: Scalar): boolean => isGuid(value),
+  (value: Scalar): boolean =>
+    typeof value === "string"
+    && /^(?:\d{1,3}\.){3}\d{1,3}(?:\/(?:\d{1,2}|(?:\d{1,3}\.){3}\d{1,3}))?$/.test(value),
+];
+
+function renderCell(raw: Scalar): string {
+  const text = formatCell(raw);
+
+  for (const predicate of inlineCodePredicates) {
+    if (predicate(raw)) {
+      return `\`${text}\``;
+    }
+  }
+
+  return text;
+}
+
 function isGuid(value: unknown): value is string {
   return typeof value === "string"
     && /^[0-9a-f]{8}-[0-9a-f]{4}-[0-9a-f]{4}-[0-9a-f]{4}-[0-9a-f]{12}$/i.test(value);
@@ -88,7 +107,6 @@ function getScalarRowsAndHeaders(value: unknown): { headers: string[]; rows: Sca
 export function toMarkdownTable(
   value: unknown,
   pretty = false,
-  quoteGuids = false,
   headerSpec: HeaderSpec = { mode: "default" },
 ): string {
   const { headers, rows } = getScalarRowsAndHeaders(value);
@@ -104,11 +122,6 @@ export function toMarkdownTable(
     return { key, label };
   });
 
-  const renderCell = (raw: Scalar): string => {
-    const text = formatCell(raw);
-    return quoteGuids && isGuid(raw) ? `\`${text}\`` : text;
-  };
-
   if (!pretty) {
     const headerLine = `| ${headerDefinitions.map((h) => h.label).join(" | ")} |`;
     const separatorLine = `| ${headerDefinitions.map(() => "---").join(" | ")} |`;