GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Storage REIT (ASX:NSR) » Definitions » PB Ratio

National Storage REIT (ASX:NSR) PB Ratio : 10.63 (As of Dec. 15, 2024)


View and export this data going back to 2013. Start your Free Trial

What is National Storage REIT PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-15), National Storage REIT's share price is A$2.37. National Storage REIT's Book Value per Share for the quarter that ended in Jun. 2024 was A$0.22. Hence, National Storage REIT's PB Ratio of today is 10.63.

The historical rank and industry rank for National Storage REIT's PB Ratio or its related term are showing as below:

ASX:NSR' s PB Ratio Range Over the Past 10 Years
Min: 8.38   Med: 13.35   Max: 19.24
Current: 10.63

During the past 11 years, National Storage REIT's highest PB Ratio was 19.24. The lowest was 8.38. And the median was 13.35.

ASX:NSR's PB Ratio is ranked worse than
99.13% of 917 companies
in the REITs industry
Industry Median: 0.8 vs ASX:NSR: 10.63

During the past 12 months, National Storage REIT's average Book Value Per Share Growth Rate was 10.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of National Storage REIT was 20.40% per year. The lowest was 0.40% per year. And the median was 12.35% per year.

Back to Basics: PB Ratio


National Storage REIT PB Ratio Historical Data

The historical data trend for National Storage REIT's PB 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 REIT PB Ratio Chart

National Storage REIT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.02 13.38 12.37 11.63 10.31

National Storage REIT Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PB 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 12.37 12.34 11.63 10.75 10.31

Competitive Comparison of National Storage REIT's PB Ratio

For the REIT - Industrial subindustry, National Storage REIT's PB Ratio, along with its competitors' market caps and PB 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 REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Storage REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where National Storage REIT's PB Ratio falls into.



National Storage REIT PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

National Storage REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=2.37/0.223
=10.63

* 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.

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

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


National Storage REIT  (ASX:NSR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


National Storage REIT PB Ratio Related Terms

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


National Storage REIT Business Description

Traded in Other Exchanges
Address
1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
National Storage REIT is a self-storage provider in Australia and New Zealand. Its properties are owned and operated, but it also has long-term leaseholds and a fund that it owns a stake in alongside co-investors. Its centers are in the city fringe, suburban, and regional areas. It offers spans self-storage, business storage, climate-controlled wine storage, vehicle storage, vehicle and trailer hire, packaging, insurance, and other value-added services. It has one business segment, being the operation and management of storage centers in Australia and New Zealand.

National Storage REIT Headlines

From GuruFocus

Predictable and Undervalued Companies - Part I

By Tiziano Frateschi Tiziano Frateschi 05-13-2015

NeuStar Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 10-30-2009

NeuStar: Can't Ignore the News

By Robert Abbott Robert Abbott 07-03-2014

Neustar Inc. (NSR) Stock Analysis

By Magic Diligence Magic Diligence 12-03-2013

Neustar -- The Most Profitable Player in Telecom

By guruek Street Authority 10-04-2010

Growing and Undervalued: NeuStar Inc.

By Tiziano Frateschi Tiziano Frateschi 03-26-2015

Undervalued Companies With Growing EPS

By Tiziano Frateschi Tiziano Frateschi 04-04-2016

Fisher Investments' 4th Quarter New Buys

By Tiziano Frateschi Tiziano Frateschi 01-26-2016

Neustar Is Trading at Historically Low Valuations

By Chris Mydlo Chris Mydlo 04-23-2014

NeuStar Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 10-28-2010