P/E ratio for National Storage REIT (NSR.AX)
P/E ratio at the end of 2024: 13.4
According to National Storage REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.5177. At the end of 2024 the company had a P/E ratio of 13.4.
P/E ratio history for National Storage REIT from 2014 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 13.4 | 48.51% |
| 2023 | 9.02 | 126.49% |
| 2022 | 3.98 | -31.34% |
| 2021 | 5.80 | -51.67% |
| 2020 | 12.0 | 60.9% |
| 2019 | 7.46 | 38.75% |
| 2018 | 5.38 | -14.82% |
| 2017 | 6.31 | -100.21% |
| 2016 | < -1000 | 867.88% |
| 2015 | -315 | 4173.77% |
| 2014 | -7.37 |
How to read a P/E ratio?
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.