CUBE CubeSmart PE ratio, current and historical analysis
As of Nov 21, 2024, the CUBE stock has a PE ratio of 27.15. The calculation is based on the latest EPS of $1.79 and the stock price of $48.6 per share. An increase of 2.8% has been observed in the PE ratio compared to its average of 26.4 of the last four quarters.
CUBE PE ratio history
The mean historical PE ratio of CubeSmart over the last ten years is 49.68. The current 27.15 P/E ratio is 45% lower than the historical average. Looking back at the last ten years, CUBE's PE ratio peaked in the Dec 2014 quarter at 157.64, with a price of $22.07 and an EPS of $0.14. The Sep 2023 quarter marked the lowest point at 22.7, with a price of $38.13 and an EPS of $1.68.
CubeSmart PE ratio by year
Maximum annual increase: 157.12% in 2014
Maximum annual decrease: -54.83% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 25.47 | -18.37% |
| 2022 | 31.2 | -39.7% |
| 2021 | 51.74 | 30.85% |
| 2020 | 39.54 | 11.79% |
| 2019 | 35.37 | 9.71% |
| 2018 | 32.24 | -17.5% |
| 2017 | 39.08 | -34.31% |
| 2016 | 59.49 | -16.46% |
| 2015 | 71.21 | -54.83% |
| 2014 | 157.64 | 157.12% |
CUBE average PE ratio chart
The current PE ratio of CUBE is lower than its 3, 5 and 10-year averages.
CUBE PE vs peers
In comparison to its peers PSA and CCI, CUBE's PE ratio is lower, but it is higher than COR's and SHO's. CubeSmart's PE ratio is trading below the peer average of 27.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SHO Sunstone Hotel Investors Inc | 13.39 | $2.05B |
| COR Cencora Inc. | 26.39 | $48.41B |
| CUBE CubeSmart | 27.15 | $10.99B |
| PSA Public Storage | 34.73 | $58.81B |
| CCI Crown Castle International Corp | 36.93 | $45.42B |
Frequently asked questions
What is CubeSmart's PE ratio?
CUBE stock has a price to earnings ratio of 27.15 as of Nov 21, 2024.
What is the 3-year average PE ratio for CubeSmart (CUBE)?
The 3-year average price to earnings ratio for CUBE stock is 32.64.
What is the 5-year average PE ratio for CubeSmart (CUBE)?
The 5-year average price to earnings ratio for CUBE stock is 35.3.
What is the highest PE ratio for CUBE?
Over the last ten years, the Dec 2014 quarter recorded the highest quarterly PE ratio at 157.64.
How does the current PE ratio for CUBE compare to its historical average?
CUBE's current price to earnings ratio is 45% below its 10-year historical average.
How is CUBE's PE ratio calculated (CubeSmart PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), CubeSmart's share price is $48.6. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.79. Therefore, CubeSmart's PE ratio for today is 27.15. PE RATIO(27.15) = STOCK PRICE($48.6) / TTM EPS($1.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.