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National Storage Affiliates Trust (FRA:4GC) Cyclically Adjusted PS Ratio : 4.67 (As of Jun. 02, 2025)


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What is National Storage Affiliates Trust Cyclically Adjusted PS Ratio?

As of today (2025-06-02), National Storage Affiliates Trust's current share price is €29.91. National Storage Affiliates Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €6.41. National Storage Affiliates Trust's Cyclically Adjusted PS Ratio for today is 4.67.

The historical rank and industry rank for National Storage Affiliates Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:4GC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.52   Med: 5.78   Max: 7.27
Current: 4.81

During the past years, National Storage Affiliates Trust's highest Cyclically Adjusted PS Ratio was 7.27. The lowest was 4.52. And the median was 5.78.

FRA:4GC's Cyclically Adjusted PS Ratio is ranked better than
53.61% of 513 companies
in the REITs industry
Industry Median: 5.35 vs FRA:4GC: 4.81

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

National Storage Affiliates Trust's adjusted revenue per share data for the three months ended in Mar. 2025 was €2.281. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €6.41 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Storage Affiliates Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Storage Affiliates Trust's Cyclically Adjusted PS 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.

National Storage Affiliates Trust Cyclically Adjusted PS Ratio Chart

National Storage Affiliates Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.55 5.49

National Storage Affiliates Trust Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS 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 6.03 6.17 7.06 5.49 5.51

Competitive Comparison of National Storage Affiliates Trust's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, National Storage Affiliates Trust's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Affiliates Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Storage Affiliates Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Storage Affiliates Trust's Cyclically Adjusted PS Ratio falls into.


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National Storage Affiliates Trust Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

National Storage Affiliates Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.91/6.41
=4.67

* 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 Affiliates Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, National Storage Affiliates Trust's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.281/134.9266*134.9266
=2.281

Current CPI (Mar. 2025) = 134.9266.

National Storage Affiliates Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.536 100.684 0.718
201509 0.501 100.392 0.673
201512 0.538 99.792 0.727
201603 0.524 100.470 0.704
201606 0.572 101.688 0.759
201609 1.345 101.861 1.782
201612 0.634 101.863 0.840
201703 1.326 102.862 1.739
201706 1.295 103.349 1.691
201709 1.305 104.136 1.691
201712 1.354 104.011 1.756
201803 0.621 105.290 0.796
201806 1.352 106.317 1.716
201809 1.313 106.507 1.663
201812 1.387 105.998 1.766
201903 1.415 107.251 1.780
201906 1.468 108.070 1.833
201909 1.552 108.329 1.933
201912 1.526 108.420 1.899
202003 1.577 108.902 1.954
202006 1.359 108.767 1.686
202009 1.349 109.815 1.657
202012 1.350 109.897 1.657
202103 0.839 111.754 1.013
202106 0.886 114.631 1.043
202109 0.916 115.734 1.068
202112 1.058 117.630 1.214
202203 1.861 121.301 2.070
202206 2.055 125.017 2.218
202209 2.283 125.227 2.460
202212 2.174 125.222 2.342
202303 1.307 127.348 1.385
202306 2.252 128.729 2.360
202309 1.405 129.860 1.460
202312 1.398 129.419 1.457
202403 1.306 131.776 1.337
202406 2.354 132.554 2.396
202409 2.303 133.029 2.336
202412 2.382 133.157 2.414
202503 2.281 134.927 2.281

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


National Storage Affiliates Trust  (FRA:4GC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


National Storage Affiliates Trust Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of National Storage Affiliates Trust's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


National Storage Affiliates Trust Business Description

Traded in Other Exchanges
Address
8400 East Prentice Avenue, 9th Floor, Greenwood Village, CO, USA, 80111
National Storage Affiliates Trust Trust is a real estate investment trust. The company owns, operates, and acquires self-storage properties located within the metropolitan statistical areas throughout the United States. With the help of property management platform, the company manages and controls the day-to-day operations and affairs of consolidated properties and unconsolidated real estate ventures under the iStorage, SecurCare, RightSpace, Northwest and Move It brands.

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