PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Extra Space Storage's PE Ratio without NRI is 25.37. Extra Space Storage's 5-Year EBITDA growth rate is 13.00%. Therefore, Extra Space Storage's PEG Ratio for today is 1.95.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Extra Space Storage's PEG Ratio or its related term are showing as below:
EXR'
s PEG Ratio Range Over the Past 10 Years
Min: 1.23 Med: 2 Max: 6.1
Current: 1.95
During the past 13 years, Extra Space Storage's highest PEG Ratio was 6.10. The lowest was 1.23. And the median was 2.00.
EXR's PEG Ratio is ranked better than 62.74% of 212
companies
in the REITs industry
Industry Median: 3.435
vs EXR: 1.95
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Extra Space Storage PEG Ratio Historical Data
The historical data trend for Extra Space Storage's PEG Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Extra Space Storage's PEG Ratio
For the REIT - Industrial subindustry, Extra Space Storage's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Extra Space Storage's PEG Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's PEG Ratio falls into.
Extra Space Storage PEG Ratio Calculation
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio.
The ratio we use is the 5-Year EBITDA growth rate.
Extra Space Storage's PEG Ratio for today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Extra Space Storage (NYSE:EXR) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Extra Space Storage PEG Ratio Related Terms
Thank you for viewing the detailed overview of Extra Space Storage's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Extra Space Storage (Extra Space Storage) Business Description
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 2,400 self-storage properties in 41 states, with over 180 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
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