P/E ratio for Extra Space Storage (EXR)
P/E ratio as of July 2025 (TTM): 34.4
According to Extra Space Storage 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.4107. At the end of 2024 the company had a P/E ratio of 37.0.
P/E ratio history for Extra Space Storage from 2004 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 37.0 | 14.09% |
| 2023 | 32.5 | 41.57% |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 U-Haul UHAL | 29.5 | -14.20% | 🇺🇸 USA |
 SP Plus Corporation
SP | 30.5 | -11.36% | 🇺🇸 USA |
 Geo Group GEO | 137 | 297.98% | 🇺🇸 USA |
 Equity LifeStyle Properties ELS | 30.3 | -12.02% | 🇺🇸 USA |
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.