Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
As of today (2026-09-01), Extra Space Storage's share price is $140.12.
Extra Space Storage's FFO per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $8.23. Hence, Extra Space Storage's Price-to-Funds-From-Operations Ratio for today is 17.02.
Extra Space Storage (NYSE:EXR) Price-to-Funds-From-Operations Explanation
For common stocks, investors use PE ratio, Price to Earnings raio to compare the valuation of different companies. Price-to-Funds-From-Operations ratio is a comparable measure used in the REIT industry. It's a better way to assess whether a REIT is expensive or cheap relative to peers.
Extra Space Storage Price-to-Funds-From-Operations Related Terms
Extra Space Storage Price-to-Funds-From-Operations Historical Data
* Premium members only.
The historical data trend for Extra Space Storage's Price-to-Funds-From-Operations 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.
Extra Space Storage Price-to-Funds-From-Operations Chart
EXR vs EGP, CUBE, LINE: Price-to-Funds-From-Operations Comparison
For the REIT - Industrial subindustry, Extra Space Storage's Price-to-Funds-From-Operations, along with its competitors' market caps and Price-to-Funds-From-Operations 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.
Extra Space Storage Price-to-Funds-From-Operations vs REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's Price-to-Funds-From-Operations distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's Price-to-Funds-From-Operations falls into.
Extra Space Storage's Share Price of today is $140.12. Extra Space Storage's FFO per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.23.
* 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.
What does a Price-to-Funds-From-Operations of 17.02 mean?
Extra Space Storage (EXR) has a Price-to-Funds-From-Operations of 17.02 as of Sep. 01, 2026.
Is Extra Space Storage's Price-to-Funds-From-Operations too high?
Extra Space Storage's current Price-to-Funds-From-Operations is 17.02. Overall, Extra Space Storage has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Price-to-Funds-From-Operations compare to EGP and CUBE?
Extra Space Storage's Price-to-Funds-From-Operations of 17.02 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Funds-From-Operations for a REITs company?
A good Price-to-Funds-From-Operations depends on the REITs industry context. However, Price-to-Funds-From-Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Funds-From-Operations mean?
A high Price-to-Funds-From-Operations can signal that a stock is expensive relative to its fundamentals. Extra Space Storage's current Price-to-Funds-From-Operations is 17.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Based on GuruFocus' analysis, Extra Space Storage (EXR) is currently considered Fairly Valued. The stock's GF Value™ is $145.56, compared to a current price of $140.12 — trading 3.7% below its estimated fair value. The current Price-to-Funds-From-Operations is 17.02. Extra Space Storage's overall GF Score™ is 92/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Funds-From-Operations calculated?
Price-to-Funds-From-Operations is calculated from a company's financial statements. For Extra Space Storage (EXR), the current Price-to-Funds-From-Operations is 17.02 as of Sep. 01, 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 Extra Space Storage (EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be undervalued.
The current stock price of $140.12 is trading 3.7% below its estimated GF Value™ of $145.56.
GuruFocus considers Extra Space Storage to be Fairly Valued.
Key valuation signals for EXR:
Price-to-Funds-From-Operations: 17.02
GF Value™: $145.56 vs. price of $140.12 (3.7% below fair value)
No single metric tells the full story. See the EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
92GF Score
Get the complete analysis for EXR
Price-to-Funds-From-Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EXR has been successfully added to your 
