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Extra Space Storage (BSP:E1XR34) Shiller PE Ratio : 30.20 (As of Jul. 24, 2025)


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What is Extra Space Storage Shiller PE Ratio?

As of today (2025-07-24), Extra Space Storage's current share price is R$207.48. Extra Space Storage's E10 for the quarter that ended in Mar. 2025 was R$6.87. Extra Space Storage's Shiller PE Ratio for today is 30.20.

The historical rank and industry rank for Extra Space Storage's Shiller PE Ratio or its related term are showing as below:

BSP:E1XR34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.11   Med: 54.94   Max: 106.69
Current: 31.59

During the past years, Extra Space Storage's highest Shiller PE Ratio was 106.69. The lowest was 24.11. And the median was 54.94.

BSP:E1XR34's Shiller PE Ratio is ranked worse than
85.28% of 462 companies
in the REITs industry
Industry Median: 12.96 vs BSP:E1XR34: 31.59

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Extra Space Storage's adjusted earnings per share data for the three months ended in Mar. 2025 was R$1.843. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$6.87 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Extra Space Storage Shiller PE Ratio Historical Data

The historical data trend for Extra Space Storage's Shiller PE 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.

* Premium members only.

Extra Space Storage Shiller PE Ratio Chart

Extra Space Storage Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.22 71.05 37.76 37.06 32.16

Extra Space Storage Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.93 34.30 39.38 32.16 31.07

Competitive Comparison of Extra Space Storage's Shiller PE Ratio

For the REIT - Industrial subindustry, Extra Space Storage's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Extra Space Storage's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Extra Space Storage's Shiller PE Ratio falls into.


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Extra Space Storage Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Extra Space Storage's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=207.48/6.87
=30.20

* 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.

Extra Space Storage's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Extra Space Storage's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.843/134.9266*134.9266
=1.843

Current CPI (Mar. 2025) = 134.9266.

Extra Space Storage Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 0.366 100.684 0.490
201509 0.566 100.392 0.761
201512 0.068 99.792 0.092
201603 0.610 100.470 0.819
201606 0.565 101.688 0.750
201609 0.756 101.861 1.001
201612 0.545 101.863 0.722
201703 0.500 102.862 0.656
201706 0.568 103.349 0.742
201709 0.580 104.136 0.751
201712 1.392 104.011 1.806
201803 0.574 105.290 0.736
201806 0.707 106.317 0.897
201809 1.048 106.507 1.328
201812 0.777 105.998 0.989
201903 0.711 107.251 0.894
201906 0.781 108.070 0.975
201909 0.855 108.329 1.065
201912 0.882 108.420 1.098
202003 1.014 108.902 1.256
202006 1.038 108.767 1.288
202009 1.188 109.815 1.460
202012 1.531 109.897 1.880
202103 2.155 111.754 2.602
202106 1.571 114.631 1.849
202109 1.848 115.734 2.154
202112 2.827 117.630 3.243
202203 1.879 121.301 2.090
202206 2.183 125.017 2.356
202209 2.163 125.227 2.331
202212 1.993 125.222 2.147
202303 1.901 127.348 2.014
202306 1.820 128.729 1.908
202309 1.185 129.860 1.231
202312 1.249 129.419 1.302
202403 1.257 131.776 1.287
202406 1.185 132.554 1.206
202409 1.260 133.029 1.278
202412 1.891 133.157 1.916
202503 1.843 134.927 1.843

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Extra Space Storage  (BSP:E1XR34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Extra Space Storage Shiller PE Ratio Related Terms

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Extra Space Storage Business Description

Traded in Other Exchanges
Address
2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT, USA, 84121
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 4,000 self-storage properties in 42 states, with over 300 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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