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CUBE CubeSmart PE ratio, current and historical analysis

As of Jun 20, 2024, the CUBE stock has a PE ratio of 25.0. The calculation is based on the latest EPS of $1.81 and the stock price of $45.25 per share. The PE ratio currently is comparable to its last four-quarter average.

CUBE PE ratio history

How has CUBE's PE ratio performed in the past

The mean historical PE ratio of CubeSmart over the last ten years is 51.35. The current 25.0 P/E ratio is 51% 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.

Average
51.35
Median
39.44
Minimum
22.7
Maximum
157.64

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

What is the average PE ratio of CUBE for the past years

The current PE ratio of CUBE is lower than its 3, 5 and 10-year averages.

3-year avg
36.04
5-year avg
36.19
10-year avg
51.35
15-year avg
80.01

CUBE PE vs peers

What is CUBE's PE ratio compared to its peers

In comparison to its peers PSA and COR, CUBE's PE ratio is lower, but it is higher than SHO's. CubeSmart's PE ratio is trading above the peer average of 23.3.

Stock name PE ratio Market cap
SHO Sunstone Hotel Investors Inc 11.22 $2.06B
CUBE CubeSmart 25 $10.18B
COR Cencora Inc. 25.51 $47.01B
PSA Public Storage 26.42 $51.31B
CCI Crown Castle International Corp 30.03 $41.89B

Frequently asked questions

What is CubeSmart's PE ratio?

CUBE stock has a price to earnings ratio of 25 as of Jun 20, 2024.

What is the 3-year average PE ratio for CubeSmart (CUBE)?

The 3-year average price to earnings ratio for CUBE stock is 36.04.

What is the 5-year average PE ratio for CubeSmart (CUBE)?

The 5-year average price to earnings ratio for CUBE stock is 36.19.

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 51% 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 (Jun 20, 2024), CubeSmart's share price is $45.25. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.81. Therefore, CubeSmart's PE ratio for today is 25. PE RATIO(25) = STOCK PRICE($45.25) / TTM EPS($1.81)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.