NTSGF (National Storage REIT) Book Value per Share: $0.17 (As of Dec. 2025)

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NTSGF National Storage REIT NTSGF
78 GF Score
Price $1.83
GF Value $1.72
! 11 Warning Signs
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What is National Storage REIT Book Value per Share?

National Storage REIT NTSGF 78 Book Value per Share is $0.17 as of Dec. 2025. GuruFocus rates NTSGF with a GF Score™ of 78/100 and a GF Value™ of $1.72. The stock has 11 warning signs investors should review.

National Storage REIT's book value per share for the quarter that ended in Dec. 2025 was $0.17.

During the past 12 months, National Storage REIT's average Book Value Per Share Growth Rate was 10.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of National Storage REIT was 20.40% per year. The lowest was 0.40% per year. And the median was 12.00% per year.

National Storage REIT's current price is $1.8312. Its book value per share for the quarter that ended in Dec. 2025 was $0.17. Hence, today's PB Ratio of National Storage REIT is 11.59.

During the past 12 years, the highest P/B Ratio of National Storage REIT was 18.31. The lowest was 8.38. And the median was 12.45.


National Storage REIT  (OTCPK:NTSGF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


National Storage REIT Book Value per Share Related Terms


National Storage REIT Book Value per Share Historical Data

* Premium members only.

The historical data trend for National Storage REIT's Book Value per Share 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.

National Storage REIT Book Value per Share Chart

National Storage REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.12 0.14 0.15 0.16

National Storage REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Book Value per Share 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 0.14 0.15 0.15 0.16 0.17

NTSGF vs PLD, PSA, EXR: Book Value per Share Comparison

For the REIT - Industrial subindustry, National Storage REIT's PB Ratio, along with its competitors' market caps and PB 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.


National Storage REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, National Storage REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where National Storage REIT's PB Ratio falls into.


NTSGF
78GF Score
National Storage REIT NTSGF
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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National Storage REIT Book Value per Share Calculation

National Storage REIT's Book Value Per Share for the fiscal year that ended in Jun. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(219.3-0.0)/1,391.4
=0.16

National Storage REIT's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(236.7-0.0)/1,404.1
=0.17

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $0.17 mean?
National Storage REIT (NTSGF) has a Book Value per Share of $0.17 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on National Storage REIT and its competitors.
Is National Storage REIT's Book Value per Share too high?
National Storage REIT's current Book Value per Share is $0.17. Overall, National Storage REIT has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does National Storage REIT's Book Value per Share compare to PLD and PSA?
National Storage REIT's Book Value per Share of $0.17 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a REITs company?
A good Book Value per Share depends on the REITs industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on National Storage REIT and its competitors. National Storage REIT's current Book Value per Share is $0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Storage REIT stock overvalued right now?
National Storage REIT (NTSGF) has a current Book Value per Share of $0.17. The stock's GF Value™ is $1.72, compared to a current price of $1.83 — trading 6.5% above its estimated fair value. The current Book Value per Share is $0.17. National Storage REIT's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For National Storage REIT (NTSGF), the current Book Value per Share is $0.17 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Storage REIT (NTSGF) Overvalued in 2026?

Based on GuruFocus' analysis, National Storage REIT stock appears to be overvalued. The current stock price of $1.83 is trading 6.5% above its estimated GF Value™ of $1.72.

Key valuation signals for NTSGF:

  • Book Value per Share: $0.17
  • GF Value™: $1.72 vs. price of $1.83 (6.5% above fair value)
  • GF Score™: 78/100 with 11 warning signs

No single metric tells the full story. See the NTSGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Storage REIT Business Description

Industry Real EstateREITs
Address 1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
National Storage REIT is the largest self-storage operator in Australia and New Zealand. Majority of its income is derived from rents. Additional revenue streams come from ancillary products and services such as packaging materials, locks, and insurance. The REIT owns most of the centers it operates, and leases roughly a dozen of the sites secured under long-term agreements. The self-storage industry is fragmented, with three large players in National Storage, the listed Abacus Storage King, and privately owned Kennards, accounting for about one-third of the market. The rest are independent operators, with a single center or a small state-based portfolio of assets. Besides organic rent increases, the company's key growth drivers are acquisitions and developments.
78GF Score

Get the complete analysis for NTSGF

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.83
Price
$1.72
GF Value