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CubeSmart (CubeSmart) Price-to-Owner-Earnings : (As of Apr. 26, 2024)


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What is CubeSmart Price-to-Owner-Earnings?

As of today (2024-04-26), CubeSmart's share price is $40.76. CubeSmart does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for CubeSmart's Price-to-Owner-Earnings or its related term are showing as below:

During the past 13 years, the highest Price-to-Owner-Earnings of CubeSmart was 29.18. The lowest was 17.16. And the median was 25.41.


CUBE's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.43
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-04-26), CubeSmart's share price is $40.76. CubeSmart's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.81. Therefore, CubeSmart's PE Ratio for today is 22.52.

As of today (2024-04-26), CubeSmart's share price is $40.76. CubeSmart's EPS without NRI for the trailing twelve months (TTM) ended in was $1.81. Therefore, CubeSmart's PE Ratio without NRI for today is 22.52.

During the past 13 years, CubeSmart's highest PE Ratio without NRI was 372.55. The lowest was 20.35. And the median was 42.64.


CubeSmart Price-to-Owner-Earnings Historical Data

The historical data trend for CubeSmart's Price-to-Owner-Earnings 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.

CubeSmart Price-to-Owner-Earnings Chart

CubeSmart Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.29 - - - -

CubeSmart Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 - - - - -

Competitive Comparison of CubeSmart's Price-to-Owner-Earnings

For the REIT - Industrial subindustry, CubeSmart's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CubeSmart's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where CubeSmart's Price-to-Owner-Earnings falls into.



CubeSmart Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

CubeSmart's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=40.76/0.00
=

* 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.


CubeSmart  (NYSE:CUBE) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


CubeSmart Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of CubeSmart's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


CubeSmart (CubeSmart) Business Description

Industry
Traded in Other Exchanges
Address
5 Old Lancaster Road, Malvern, PA, USA, 19355
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.
Executives
Christopher P Marr officer: Chief Financial Officer 460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Jeffrey P Foster officer: Sr. VP - Chief Legal Officer 460 EAST SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Timothy M Martin officer: SVP & Chief Accounting Officer 460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Matthew D Denarie officer: Chief Accounting Officer 5 OLD LANCASTER ROAD, MALVERN PA 19355
Jennifer Schulte officer: Chief Human Resources Officer 5 OLD LANCASTER ROAD, MALVERN PA 19355
Jit Kee Chin director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jair K Lynch director 5 OLD LANCASTER RD, MALVERN PA 19355
Joel D Keaton officer: Sr VP of Operations 5 OLD LANCASTER ROAD, MALVERN PA 19355
Marianne M Keler director 12061 BLUEMONT WAY, RESTON VA 20190
Jonathan L Perry officer: SVP and CIO 5 OLD LANCASTER ROAD, MALVERN PA 19355
Dororthy Dowling director 5 OLD LANCASTER ROAD, MALVERN PA 19355
Diefenderfer William M Iii director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Dean Jernigan director, officer: CEO and President C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Deborah Ratnersalzberg director 301 WATER ST SE SUITE 201, WASHINGTON DC 20003
John W Fain director 1000 SEMMES AVE, RICHMOND VA 23224

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