National Storage REIT (ASX:NSR) Price-to-Tangible-Book

: 12.29 (As of Today)

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As of today (2024-04-20), National Storage REIT's share price is A$2.20. National Storage REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.18. Hence, National Storage REIT's Price to Tangible Book Ratio of today is 12.29.

The historical rank and industry rank for National Storage REIT's Price-to-Tangible-Book or its related term are showing as below:

ASX:NSR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 12.17 Med: 23.26 Max: 54.65
Current: 12.22

During the past 10 years, National Storage REIT's highest Price to Tangible Book Ratio was 54.65. The lowest was 12.17. And the median was 23.26.

ASX:NSR's Price-to-Tangible-Book is ranked worse than
99.17% of 843 companies
in the REITs industry
Industry Median: 0.83 vs ASX:NSR: 12.22

A closely related ratio is called PB Ratio. As of today, National Storage REIT's share price is A$2.20. National Storage REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.21. Hence, National Storage REIT's P/B Ratio of today is 10.28.

National Storage REIT Price-to-Tangible-Book Historical Data

The historical data trend for National Storage REIT's Price-to-Tangible-Book 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 REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

16.90

19.32

18.33

15.97

14.07

National Storage REIT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book																22.93	15.97	15.57	14.07	12.85

Competitive Comparison

For the REIT - Industrial subindustry, National Storage REIT's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 REIT Price-to-Tangible-Book Distribution

For the REITs industry and Real Estate sector, National Storage REIT's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where National Storage REIT's Price-to-Tangible-Book falls into.

National Storage REIT Price-to-Tangible-Book Calculation

National Storage REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.20	/	0.179
	=	12.29

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

National Storage REIT Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of National Storage REIT's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

National Storage REIT (ASX:NSR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NTSGF:USA

Address

1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000

Website

https://www.nationalstorageinvest.com.au

National Storage REIT is the largest self-storage provider in Australia and New Zealand. Most of its properties are owned and operated, but it also has long-term leaseholds. Most NSR centres are in city fringe, suburban and regional areas. The industry is fragmented, mostly comprising single site owners, while the largest three players, NSR, privately owned Kennards, and the listed Abacus Storage King operate over a third of the market. NSR plans to continue acquiring and developing self-storage centres, consolidating the fragmented industry, as well generating organic growth via dynamic pricing and occupancy management. However, its large rivals are competing via similar strategies.

National Storage REIT (ASX:NSR) Headlines

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