NSA
National Storage Affiliates Trust
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: NSA
- PE Ratio
As of Jun 22, 2026, the National Storage Affiliates Trust stock's price-to-earnings ratio is 59.65. This results from the current EPS of $0.75 and stock price of $44.74. The PE ratio has increased by 24% from the past four quarters average of 48.1.
NSA PE ratio history
The PE ratio of National Storage Affiliates Trust has averaged 145.94 over the last ten years. The current P/E ratio of 59.65 is 59% lower than the historical average. In the past ten years, NSA's PE ratio peaked in the Dec 2017 quarter at 2,726, when the stock price was $27.26 and the EPS was $0.01. The lowest point was in the Mar 2024 quarter, when it reached 19.78 with a price of $39.16 and an EPS of $1.98.
National Storage Affiliates Trust PE ratio by year
Maximum annual increase: 7,311.64% in 2017
Maximum annual decrease: -86.13% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 40.88 | 27.23% | $28.21 | $0.69 |
| 2024 | 32.13 | 22.4% | $37.91 | $1.18 |
| 2023 | 26.25 | -28.04% | $41.47 | $1.58 |
| 2022 | 36.48 | -40.43% | $36.12 | $0.99 |
| 2021 | 61.24 | -9.91% | $69.2 | $1.13 |
| 2020 | 67.98 | N/A | $36.03 | $0.53 |
| 2019 | N/A | N/A | $33.62 | -$0.15 |
| 2018 | 378 | -86.13% | $26.46 | $0.07 |
| 2017 | 2,726 | 7,311.64% | $27.26 | $0.01 |
| 2016 | 36.78 | 71.79% | $22.07 | $0.6 |
| 2015 | 21.41 | N/A | $17.13 | $0.8 |
| 2014 | N/A | N/A | N/A | $0 |
National Storage Affiliates Trust PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 50.32 | 23.09% | $37.74 | $0.75 |
| Dec 2025 | 40.88 | -17.48% | $28.21 | $0.69 |
| Sep 2025 | 49.54 | -3.99% | $30.22 | $0.61 |
| Jun 2025 | 51.6 | -22.73% | $31.99 | $0.62 |
| Mar 2025 | 66.78 | 107.84% | $39.4 | $0.59 |
| Dec 2024 | 32.13 | 17.31% | $37.91 | $1.18 |
| Sep 2024 | 27.39 | 23.6% | $48.2 | $1.76 |
| Jun 2024 | 22.16 | 12.03% | $41.22 | $1.86 |
| Mar 2024 | 19.78 | -24.65% | $39.16 | $1.98 |
| Dec 2023 | 26.25 | -4.89% | $41.47 | $1.58 |
| Sep 2023 | 27.6 | -14.42% | $31.74 | $1.15 |
| Jun 2023 | 32.25 | -19.72% | $34.83 | $1.08 |
| Mar 2023 | 40.17 | 10.12% | $41.78 | $1.04 |
| Dec 2022 | 36.48 | -18.41% | $36.12 | $0.99 |
| Sep 2022 | 44.71 | -8.02% | $41.58 | $0.93 |
NSA Price vs fair value
NSA average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
NSA's current P/E ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.
PE comparison
National Storage Affiliates Trust's P/E of 59.65 is above the Real Estate sector and the industry average. In comparison with its Real Estate sector average of 23.85, National Storage Affiliates Trust's P/E is 150% higher.
NSA PE vs peers
In comparison to its peer stocks KIM and MITT, NSA's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MITT AG Mortgage Investment Trust Inc | 19.54 | $254.75M |
| KIM Kimco Realty Corp | 29.29 | $16.99B |
| NSA National Storage Affiliates Trust | 59.95 | $3.47B |
| SLG Sl Green Realty Corp | N/A | $3.56B |
| LAND GLADSTONE LAND Corp | N/A | $377.45M |
Frequently asked questions
What is National Storage Affiliates Trust's PE ratio?
NSA's price to earnings ratio is 59.65 as of Jun 22, 2026.
What is the 3-year average PE ratio for National Storage Affiliates Trust (NSA)?
Over the last 3 years, the average price to earnings ratio for NSA stock is 37.22.
What is the 5-year average PE ratio for National Storage Affiliates Trust (NSA)?
Over the last 5 years, the average price to earnings ratio for NSA stock is 41.84.
What is the highest PE ratio for NSA?
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 2,726.
How does the current PE ratio for NSA compare to its historical average?
NSA's price to earnings ratio is currently 59% below its 10-year historical average.
How is NSA's PE ratio calculated (National Storage Affiliates Trust PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 22, 2026), National Storage Affiliates Trust's stock price is $44.74. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.75. Therefore, National Storage Affiliates Trust's PE ratio for today is 59.65. PE RATIO(59.65) = STOCK PRICE($44.74) / TTM EPS($0.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.