Back to EXR overview
#
EXR Extra Space Storage
PE ratio, current and historical analysis

## EXR PE ratio history

### Extra Space Storage PE ratio by year

## EXR average PE ratio chart

## EXR PE vs peers

## Frequently asked questions

###
What is Extra Space Storage's PE ratio?

###
What is the 3-year average PE ratio for Extra Space Storage (EXR)?

###
What is the 5-year average PE ratio for Extra Space Storage (EXR)?

###
What is the highest PE ratio for EXR?

###
How does the current PE ratio for EXR compare to its historical average?

###
How is EXR's PE ratio calculated (Extra Space Storage PE ratio formula)?

The current PE ratio for Extra Space Storage stock as of Aug 2, 2024 is 37.23. This is calculated based on the current EPS of $4.43 and the stock price of $164.95 per share. The P/E ratio has an increase of 31% from the past four quarters average of 28.4.

How has EXR's PE ratio performed in the past

The average historical PE ratio of Extra Space Storage for the last ten years is 31.48. The current PE ratio of 37.23 is 18% above the historical average. Over the past ten years, EXR's PE ratio was at its highest in the Dec 2015 quarter at 55.83, when the stock price was $88.21 and the EPS was $1.58. The lowest value was in the Sep 2018 quarter, when it reached 20.73 with a price of $86.64 and an EPS of $4.18.

Average

31.48

Median

30.7

Minimum

20.73

Maximum

55.83

Maximum annual increase: 47.3% in 2023

Maximum annual decrease: -52.62% in 2016

Year | PE ratio | Change |
---|---|---|

2023 | 33.82 | 47.3% |

2022 | 22.96 | -37.22% |

2021 | 36.57 | 17.1% |

2020 | 31.23 | -3.31% |

2019 | 32.3 | 17.45% |

2018 | 27.5 | 19.2% |

2017 | 23.07 | -12.78% |

2016 | 26.45 | -52.62% |

2015 | 55.83 | 46.61% |

2014 | 38.08 | 39.18% |

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

EXR's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg

28.51

5-year avg

29.73

10-year avg

31.48

15-year avg

36.16

What is EXR's PE ratio compared to its peers

EXR's PE ratio is lower than its peer stock ELS, but it is greater than UHAL's and CUBE's. Extra Space Storage is presently trading at a higher PE ratio (37.23) than its peer group average of 26.31.

Stock name | PE ratio | Market cap |
---|---|---|

GEO Geo Group Inc | 19.19 | $1.8B |

UHAL Amerco | 21.36 | $12.73B |

CUBE CubeSmart | 26.92 | $10.96B |

EXR Extra Space Storage Inc | 37.23 | $34.92B |

ELS Equity Lifestyle Properties Inc | 37.77 | $13.53B |

As of Aug 2, 2024, EXR stock has a price to earnings ratio of 37.23.

The 3-year average PE ratio for EXR stock is 28.51.

The 5-year average PE ratio for EXR stock is 29.73.

Over the last ten years, the quarterly PE ratio reached a historic high of 55.83 in the Dec 2015 quarter.

The current price to earnings ratio of EXR is 18% higher than the 10-year historical average.

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Aug 2, 2024), Extra Space Storage's stock price is $164.95. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.43. Therefore, Extra Space Storage's P/E ratio for today is 37.23. `PE RATIO(37.23) = STOCK PRICE($164.95) / TTM EPS($4.43)`

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