Extra Space Storage Inc EXR

133.35 1.12 0.85% as of 25 Sep
Market cap
$29.2B
P/E
29.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Extra Space Storage Inc (EXR) P/B ratio

As of 25 September 2026, Extra Space Storage Inc (EXR) trades at a P/B ratio of 2.0×. Over the past ten years it has ranged from 1.3× (October 2023) to 8.9× (December 2021); the current reading is higher than 7% of that period. That is in line with the Reit Industrial industry median of 1.9× and above the Real Estate sector median of 1.1×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.9× (9.59%)
FY2024 2.1× 18.02%
FY2023 1.8× (61.95%)
FY2022 4.7× (40.62%)
FY2021 8.0× 56.25%
FY2020 5.1× 10.30%
FY2019 4.6× 13.16%
FY2018 4.1× 3.36%
FY2017 4.0× 6.73%
FY2016 3.7× (16.66%)

Quarterly

Period P/B ratio Change
Jun 2026 2.2× 11.12%
Mar 2026 1.9× 1.03%
Dec 2025 1.9× (6.55%)
Sep 2025 2.1× (3.21%)
42 more quarters

Against its own ten years

Low 1.3× High 8.9×
Ten-year median 4.2×
Current reading's percentile 7

P/B ratio against peers

Company P/B ratio
LINE Lineage, Inc. compare 0.9×
REXR Rexford Industrial Realty, Inc. compare 1.1×
TRNO Terreno Realty Corporation compare 1.6×
STAG Stag Industrial, Inc. compare 1.9×
EXR Extra Space Storage Inc 2.0×
FR First Industrial Realty Trust, Inc. compare 2.8×
EGP EastGroup Properties, Inc. compare 3.0×
CUBE CubeSmart compare 3.3×
PSA Public Storage compare 10.3×
Reit Industrial industry median 1.9×
Real Estate sector median 1.1×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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