CubeSmart's Book Value per Share for the quarter that ended in Dec. 2023 was $12.44.
During the past 12 months, CubeSmart's average Book Value per Share Growth Rate was -1.10% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 10.30% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 8.30% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 4.40% 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 average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of CubeSmart was 43.20% per year. The lowest was -11.80% per year. And the median was 3.15% per year.
Competitive Comparison
For the REIT - Industrial subindustry, CubeSmart's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
CubeSmart 3-Year Book Growth Rate Distribution
For the REITs industry and Real Estate sector, CubeSmart's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where CubeSmart's 3-Year Book Growth Rate falls into.
CubeSmart 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
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 average Book Value per Share growth rate.
CubeSmart (NYSE:CUBE) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
CubeSmart 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of CubeSmart's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
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