The historical rank and industry rank for National Storage Affiliates Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:
MEX:NSA'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.6 Med: 5.49 Max: 7.27
Current: 5.63
During the past years, National Storage Affiliates Trust's highest Cyclically Adjusted PS Ratio was 7.27. The lowest was 3.60. And the median was 5.49.
MEX:NSA's Cyclically Adjusted PS Ratio is ranked better than 51.44% of 556
companies
in the REITs industry
Industry Median: 5.905
vs MEX:NSA: 5.63
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. 2026 was MXN43.367. 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 MXN151.68 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
National Storage Affiliates Trust (MEX:NSA) 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
National Storage Affiliates Trust Cyclically Adjusted PS Ratio Historical Data
* 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 Cyclically Adjusted PS Ratio Chart
MEX:NSA vs LXP, COLD, SMA: Cyclically Adjusted PS Ratio Comparison
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 Cyclically Adjusted PS Ratio vs 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.
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.
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 4.69 mean?
National Storage Affiliates Trust (MEX:NSA) has a Cyclically Adjusted PS Ratio of 4.69 as of Jul. 07, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Storage Affiliates Trust and its competitors. This is 15% below median its historical median of 5.49. Over the past decade, National Storage Affiliates Trust's Cyclically Adjusted PS Ratio has ranged from 3.60 to 7.27. According to the industry distribution chart, National Storage Affiliates Trust ranks #270 out of 556 companies in the REITs industry, placing it in the top 48.6%.
Is National Storage Affiliates Trust's Cyclically Adjusted PS Ratio too high?
National Storage Affiliates Trust's current Cyclically Adjusted PS Ratio of 4.69 is 15% below median its 10-year median of 5.49. Over the past 10 years, this metric has ranged from a low of 3.60 to a high of 7.27. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. National Storage Affiliates Trust's value of 4.69 is 20.6% below this industry median. Based on the distribution chart, National Storage Affiliates Trust ranks #270 out of 556 companies in the REITs industry, which is above the industry midpoint. Overall, National Storage Affiliates Trust has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does National Storage Affiliates Trust's Cyclically Adjusted PS Ratio compare to LXP and COLD?
According to the REITs industry distribution chart, National Storage Affiliates Trust ranks #270 out of 556 companies for Cyclically Adjusted PS Ratio. This puts National Storage Affiliates Trust in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. National Storage Affiliates Trust's value of 4.69 is 20.6% below this benchmark. Historically, National Storage Affiliates Trust's own Cyclically Adjusted PS Ratio has ranged from 3.60 to 7.27 over the past decade. While the company's 10-year median is 5.49 vs. the industry median of 5.91, National Storage Affiliates Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.91, based on 556 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Storage Affiliates Trust's current Cyclically Adjusted PS Ratio of 4.69 is 20.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Storage Affiliates Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage Affiliates Trust's current Cyclically Adjusted PS Ratio is 4.69, which is 15% below median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Storage Affiliates Trust stock overvalued right now?
National Storage Affiliates Trust (MEX:NSA) has a current Cyclically Adjusted PS Ratio of 4.69. The stock's GF Value™ is MXN636.90, compared to a current price of MXN712.00 — trading 11.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.69, which is 15% below median its 10-year median of 5.49 and 20.6% below the REITs industry median of 5.91. National Storage Affiliates Trust's overall GF Score™ is 81/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For National Storage Affiliates Trust (MEX:NSA), the current Cyclically Adjusted PS Ratio is 4.69 as of Jul. 07, 2026. 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 Affiliates Trust (MEX:NSA) Overvalued in 2026?
Based on GuruFocus' analysis, National Storage Affiliates Trust stock appears to be overvalued.
The current stock price of MXN712.00 is trading 11.8% above its estimated GF Value™ of MXN636.90.
Key valuation signals for MEX:NSA:
Cyclically Adjusted PS Ratio: 4.69 (15% below median its 10-year median of 5.49)
GF Value™: MXN636.90 vs. price of MXN712.00 (11.8% above fair value)
Industry Position: 20.6% below the REITs median (#270 of 556)
No single metric tells the full story. See the MEX:NSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Storage Affiliates Trust Business Description
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.
81GF Score
Get the complete analysis for MEX:NSA
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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