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EXR (Extra Space Storage) Price-to-Tangible-Book : 2.51 (As of Dec. 11, 2024)


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What is Extra Space Storage Price-to-Tangible-Book?

As of today (2024-12-11), Extra Space Storage's share price is $159.52. Extra Space Storage's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $63.64. Hence, Extra Space Storage's Price to Tangible Book Ratio of today is 2.51.

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

EXR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.85   Med: 5.27   Max: 9.79
Current: 2.51

During the past 13 years, Extra Space Storage's highest Price to Tangible Book Ratio was 9.79. The lowest was 1.85. And the median was 5.27.

EXR's Price-to-Tangible-Book is ranked worse than
94.02% of 903 companies
in the REITs industry
Industry Median: 0.8 vs EXR: 2.51

A closely related ratio is called PB Ratio. As of today, Extra Space Storage's share price is $159.52. Extra Space Storage's Book Value per Sharefor the quarter that ended in Sep. 2024 was $66.09. Hence, Extra Space Storage's P/B Ratio of today is 2.41.


Extra Space Storage Price-to-Tangible-Book Historical Data

The historical data trend for Extra Space Storage'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.

Extra Space Storage Price-to-Tangible-Book Chart

Extra Space Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.69 6.31 9.79 6.43 2.41

Extra Space Storage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book 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 1.85 2.41 2.28 2.43 2.83

Competitive Comparison of Extra Space Storage's Price-to-Tangible-Book

For the REIT - Industrial subindustry, Extra Space Storage'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.


Extra Space Storage's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Extra Space Storage Price-to-Tangible-Book Calculation

Extra Space Storage's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=159.52/63.639
=2.51

* 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 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.


Extra Space Storage Price-to-Tangible-Book Related Terms

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


Extra Space Storage Business Description

Traded in Other Exchanges
Address
2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT, USA, 84121
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,800 self-storage properties in 42 states, with over 285 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.
Executives
Diane Olmstead director 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Joseph D Margolis director C/O ARSENAL REAL ESTATE FUNDS, 117 ON THE GREEN, 67 PARK PLACE EAST, MORRISTOWN NJ 07960
Kenneth M. Woolley director 2795 EAST COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
William N Springer officer: EVP, Assets & 3rd Party Mgmt 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Gwyn Goodson Mcneal officer: EVP/Chief Legal Officer 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Joseph J Bonner director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Matthew T Herrington officer: EVP & COO 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Samrat Sondhi officer: SVP Operations 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Joseph Saffire director 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Mark G Barberio director 19 WIK STREET, WILLIAMSVILLE NY 14221
Sue Harnett director P.O. BOX 195115, SAN JUAN PR 00919-5115
Jennifer Blouin director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Jefferson Scott Shreve director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
P Scott Stubbs officer: Senior VP Accounting 2795 EAST COTTONWOOD PARKWAY, SALT LAKE CITY UT 84121
Spencer Kirk director, officer: Chief Executive Officer 2795 EAST COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121