Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Life Storage's share price for the quarter that ended in Mar. 2023 was $131.09. Life Storage's Shares Outstanding (EOP) for the quarter that ended in Mar. 2023 was 85 Mil. Therefore, Life Storage's market cap for the quarter that ended in Mar. 2023 was $11,151 Mil.
Life Storage's quarterly market cap
declined
from Sep. 2022 ($9,414 Mil) to Dec. 2022 ($8,374 Mil) but then
increased
from Dec. 2022 ($8,374 Mil) to Mar. 2023 ($11,151 Mil).
Life Storage's annual market cap
increased
from Dec. 2020 ($5,907 Mil) to Dec. 2021 ($12,801 Mil) but then
declined
from Dec. 2021 ($12,801 Mil) to Dec. 2022 ($8,374 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Life Storage's Enterprise Value for Today is $14,697 Mil.
Life Storage Market Cap Historical Data
The historical data trend for Life Storage's Market Cap 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.
Competitive Comparison of Life Storage's Market Cap
For the REIT - Industrial subindustry, Life Storage's Market Cap, along with its competitors' market caps and Market Cap 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.
Life Storage's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Life Storage's Market Cap distribution charts can be found below:
* The bar in red indicates where Life Storage's Market Cap falls into.
Life Storage Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Life Storage's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Life Storage (NYSE:LSI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Life Storage Market Cap Related Terms
Thank you for viewing the detailed overview of Life Storage's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Life Storage Inc (which was rebranded from Sovran Self Storage, Inc in 2016) is a fully integrated, real estate investment trust that acquires and manages self-storage properties throughout the United States. The company operates under the brand names Life Storage. Approximately under half of the company's revenue is derived from stores in the states of Texas and Florida. The remainder of sales is distributed across the United States. The company's operations in rental income from customers renting storage space on a month-to-month basis generate a majority of operating revenue. The company also offers storage to both individuals of commercial renters and has special storage units available for vehicles and wine.
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