As of Nov 13, 2026, EXR's PEG ratio of 3.29 reflects its valuation relative to its growth. This value reflects a P/E ratio of 32.22 measured against EPS growth of 9.8%.
Extra Space Storage's ten years historical PEG ratio has an average of 2.78. Compared to historical data, EXR's 3.29 PE to growth ratio represents a rise of 18%. EXR reached its maximum PEG ratio of 18.95 during the Mar 2020 quarter over the past ten years. The Dec 2016 quarter had the bottom reading at 0.31, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 2.04 | 28.37 | 13.9% |
| 2024 | N/A | 37.12 | -15% |
| 2023 | N/A | 33.82 | -26.1% |
| 2022 | 6.75 | 22.96 | 3.4% |
| 2021 | 0.55 | 36.57 | 67.1% |
| 2020 | 2.31 | 31.23 | 13.5% |
| 2019 | N/A | 32.3 | -0.6% |
| 2018 | N/A | 27.5 | -13.2% |
| 2017 | 0.77 | 23.07 | 29.8% |
| 2016 | 0.31 | 26.45 | 84.8% |
| 2015 | 21.47 | 55.83 | 2.6% |
| 2014 | N/A | 38.08 | 0% |
| 2013 | 0.81 | 27.36 | 33.9% |
| 2012 | 0.29 | 31.64 | 109.1% |
| 2011 | 0.53 | 44.05 | 83.3% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 2.73 | 26.73 | 9.8% |
| Jun 2026 | N/A | 32.08 | -1.7% |
| Mar 2026 | 8.4 | 29.4 | 3.5% |
| Dec 2025 | 2.04 | 28.37 | 13.9% |
| Sep 2025 | 1.65 | 31.46 | 19.1% |
| Jun 2025 | 1.52 | 31.98 | 21% |
| Mar 2025 | N/A | 34.45 | -2.7% |
| Dec 2024 | N/A | 37.12 | -15% |
| Sep 2024 | N/A | 47.92 | -30.9% |
| Jun 2024 | N/A | 40.79 | -37.8% |
| Mar 2024 | N/A | 33.18 | -30.3% |
| Dec 2023 | N/A | 33.82 | -26.1% |
| Sep 2023 | N/A | 22.35 | -21.3% |
| Jun 2023 | N/A | 24.28 | -8.1% |
| Mar 2023 | 9.49 | 25.62 | 2.7% |
Measured against past performance, EXR's PEG ratio is higher than its 3, 5 and 10-year averages.
With a PEG of 3.29, EXR is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 0.77, Extra Space Storage's PEG is 327% higher.
Compared to its peer stock ELS, EXR's PEG ratio sits lower.
EXR shows a PEG ratio of 3.29, per Nov 13, 2026 data.
Over the last 3 years, EXR's PEG ratio has settled near 3.27.
Over the last 5 years, EXR's PEG ratio has settled near 3.23.
The Mar 2020 quarter marked the ten years high at 18.95 for EXR's PEG ratio.
Currently, EXR's PEG ratio stands 18% higher than its 10-year historical average.
When a company's earnings growth trails its valuation, the PEG ratio tends to be elevated - as seen with EXR's 3.29 value.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Nov 13, 2026, Extra Space Storage has a P/E ratio of 32.22. Earnings grew at 9.8% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 3.29. PEG RATIO(3.29) = PE RATIO(32.22) / EPS GROWTH(9.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.