According to Extra Space Storage 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.9396. At the end of 2022 the company had a P/E ratio of 22.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.9 | -37.31% |
2021 | 36.6 | 17.73% |
2020 | 31.1 | -3.83% |
2019 | 32.3 | 17.09% |
2018 | 27.6 | 19.55% |
2017 | 23.1 | -13.07% |
2016 | 26.5 | -52.46% |
2015 | 55.8 | 46.62% |
2014 | 38.1 | 36.48% |
2013 | 27.9 | -13.36% |
2012 | 32.2 | -26.9% |
2011 | 44.1 | -24.04% |
2010 | 58.0 | 85.8% |
2009 | 31.2 | 54.27% |
2008 | 20.2 | -26.37% |
2007 | 27.5 | -60.87% |
2006 | 70.2 | -163.85% |
2005 | -110 | 3456.78% |
2004 | -3.09 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
SP Plus Corporation
SP | 29.4 | 22.65% | ๐บ๐ธ USA |
Amerco UHAL | 16.3 | -31.79% | ๐บ๐ธ USA |
Equity LifeStyle Properties ELS | 40.7 | 70.07% | ๐บ๐ธ USA |
Geo Group GEO | 15.1 | -36.85% | ๐บ๐ธ USA |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.