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Extra Space Storage Inc. (EXR)
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Extra Space Storage Inc. (EXR) PB Ratio: 2.40

Is Extra Space Storage Inc.’s P/B ratio high or low?

Extra Space Storage Inc.'s P/B ratio of 2.40 is 51% below its 5-year average of 4.85, near the low end of its 5-year range (1.58–10.64).

7.88% above its 12-month average of 2.22.

EXR PB Ratio Chart

EXR PB Ratio
2.40+7.14% 1Y
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EXR Average PB Ratio Chart

EXR Current vs Average PB Ratio Chart

EXR PB Ratio Metrics

PB RATIO

2.40

PB RATIO AVG TTM

2.22

PB RATIO AVG 3Y

2.27

PB RATIO AVG 5Y

4.85

PB RATIO AVG 10Y

5.15

PB RATIO AVG 15Y

4.63

PB RATIO AVG 20Y

3.86

CURRENT VS TTM AVG

+7.88%

CURRENT VS 3Y AVG

+5.91%

CURRENT VS 5Y AVG

-50.52%

CURRENT VS 10Y AVG

-53.44%

CURRENT VS 15Y AVG

-48.15%

CURRENT VS 20Y AVG

-37.78%

EXR Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Extra Space Storage Inc. (EXR)$30.70B2.402.222.274.85
VICI Properties Inc. (VICI)vs ›$28.30B1.001.161.231.32
Crown Castle Inc. (CCI)vs ›$35.81BN/A7.787.787.88
AvalonBay Communities, Inc. (AVB)vs ›$25.16B2.172.222.342.46
Ventas, Inc. (VTR)vs ›$39.68B3.032.932.472.25
SBA Communications Corporation (SBAC)vs ›$19.82BN/A46.63106.0768.36
Essex Property Trust, Inc. (ESS)vs ›$17.59B3.253.033.053.07
Host Hotels & Resorts, Inc. (HST)vs ›$17.13B2.541.931.851.88
Kimco Realty Corporation (KIM)vs ›$16.44B1.581.421.351.37
Regency Centers Corporation (REG)vs ›$14.08B2.051.971.851.84

P/B vs. its own history

At 2.40, P/B is in its normal range, sitting higher than 38% of its 20-year history.

20-year low

0.48

median

3.33

20-year high

10.64

cheaperricher

Book Value Analysis

P/B Ratio

2.40

Market Price / Book Value per Share

Extra Space Storage Inc. PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Extra Space Storage Inc. PB Ratio FAQ

What is the P/B ratio for Extra Space Storage Inc. (EXR)?
The P/B ratio for EXR stock is 2.40.
Is Extra Space Storage Inc.'s P/B ratio high or low?
Extra Space Storage Inc.'s P/B ratio of 2.40 is 51% below its 5-year average of 4.85, near the low end of its 5-year range (1.58–10.64).
What is the TTM average P/B ratio for Extra Space Storage Inc. (EXR)?
The TTM average P/B ratio for EXR stock is 2.22.
What is the 3Y average P/B ratio for Extra Space Storage Inc. (EXR)?
The 3Y average P/B ratio for EXR stock is 2.27.
What is the 5Y average P/B ratio for Extra Space Storage Inc. (EXR)?
The 5Y average P/B ratio for EXR stock is 4.85.
What is the 10Y average P/B ratio for Extra Space Storage Inc. (EXR)?
The 10Y average P/B ratio for EXR stock is 5.15.
What is the 15Y average P/B ratio for Extra Space Storage Inc. (EXR)?
The 15Y average P/B ratio for EXR stock is 4.63.
What is the 20Y average P/B ratio for Extra Space Storage Inc. (EXR)?
The 20Y average P/B ratio for EXR stock is 3.86.

Extra Space Storage Inc. PB Ratio History

DATEPB RATIO
2026-06-182.40
2026-06-172.38
2026-06-162.42
2026-06-152.42
2026-06-122.49
2026-06-112.48
2026-06-102.47
2026-06-092.45
2026-06-082.40
2026-06-052.40
2026-06-042.41
2026-06-032.36
2026-06-022.35
2026-06-012.32
2026-05-292.38
2026-05-282.41
2026-05-272.39
2026-05-262.38
2026-05-222.37
2026-05-212.38
2026-05-202.35
2026-05-192.32
2026-05-182.30
2026-05-152.26
2026-05-142.35
2026-05-132.35
2026-05-122.39
2026-05-112.39
2026-05-082.37
2026-05-072.37
2026-05-062.38
2026-05-052.31
2026-05-042.30
2026-05-012.35
2026-04-302.36
2026-04-292.31
2026-04-282.32
2026-04-272.30
2026-04-242.34
2026-04-232.35
2026-04-222.33
2026-04-212.36
2026-04-202.42
2026-04-172.39
2026-04-162.33
2026-04-152.32
2026-04-142.33
2026-04-132.30
2026-04-102.29
2026-04-092.29
2026-04-082.27
2026-04-072.19
2026-04-062.21
2026-04-022.20
2026-04-012.18
2026-03-312.16
2026-03-302.11
2026-03-272.12
2026-03-262.15
2026-03-252.14
2026-03-242.14
2026-03-232.17
2026-03-202.14
2026-03-192.24
2026-03-182.24
2026-03-172.28
2026-03-162.30
2026-03-132.33
2026-03-122.31
2026-03-112.33
2026-03-102.41
2026-03-092.41
2026-03-062.41
2026-03-052.43
2026-03-042.47
2026-03-032.46
2026-03-022.51
2026-02-272.49
2026-02-262.43
2026-02-252.42
2026-02-242.46
2026-02-232.48
2026-02-202.51
2026-02-192.27
2026-02-182.26
2026-02-172.30
2026-02-132.28
2026-02-122.25
2026-02-112.22
2026-02-102.20
2026-02-092.18
2026-02-062.18
2026-02-052.16
2026-02-042.21
2026-02-032.15
2026-02-022.10
2026-01-302.15
2026-01-292.16
2026-01-282.13
2026-01-272.18
2026-01-262.18
2026-01-232.20
2026-01-222.24
2026-01-212.26
2026-01-202.26
2026-01-162.32
2026-01-152.29
2026-01-142.25
2026-01-132.19
2026-01-122.18
2026-01-092.17
2026-01-082.12
2026-01-072.08
2026-01-062.11
2026-01-052.04
2026-01-022.04
2025-12-312.03
2025-12-302.05
2025-12-292.03
2025-12-262.04
2025-12-242.03
2025-12-232.01
2025-12-222.03
2025-12-192.02
2025-12-182.04
2025-12-172.05
2025-12-162.03
2025-12-152.07
2025-12-122.09
2025-12-112.07
2025-12-102.02
2025-12-091.97
2025-12-082.00
2025-12-052.02
2025-12-042.04
2025-12-032.06
2025-12-022.06
2025-12-012.05
2025-11-282.07
2025-11-262.07
2025-11-252.06
2025-11-242.03
2025-11-212.05
2025-11-202.00
2025-11-192.01
2025-11-182.03
2025-11-172.03
2025-11-142.07
2025-11-132.05
2025-11-122.06
2025-11-112.08
2025-11-102.03
2025-11-072.07
2025-11-062.04
2025-11-052.07
2025-11-042.05
2025-11-032.04
2025-10-312.08
2025-10-302.07
2025-10-292.18
2025-10-282.26
2025-10-272.30
2025-10-242.31
2025-10-232.32
2025-10-222.34
2025-10-212.31
2025-10-202.33
2025-10-172.33
2025-10-162.34
2025-10-152.29
2025-10-142.27
2025-10-132.23
2025-10-102.18
2025-10-092.20
2025-10-082.19
2025-10-072.20
2025-10-062.18
2025-10-032.19
2025-10-022.17
2025-10-012.17
2025-09-302.17
2025-09-292.17
2025-09-262.15
2025-09-252.12
2025-09-242.12
2025-09-232.13
2025-09-222.13
2025-09-192.14
2025-09-182.19
2025-09-172.20
2025-09-162.20
2025-09-152.21
2025-09-122.26
2025-09-112.28
2025-09-102.23
2025-09-092.23
2025-09-082.26
2025-09-052.26
2025-09-042.21
2025-09-032.20
2025-09-022.16
2025-08-292.21
2025-08-282.19
2025-08-272.18
2025-08-262.16
2025-08-252.15
2025-08-222.19
2025-08-212.14
2025-08-202.15
2025-08-192.14
2025-08-182.10
2025-08-152.11
2025-08-142.10
2025-08-132.12
2025-08-122.08
2025-08-112.08
2025-08-082.10
2025-08-072.12
2025-08-062.12
2025-08-052.13
2025-08-042.12
2025-08-012.14
2025-07-312.05
2025-07-302.28
2025-07-292.32
2025-07-282.26
2025-07-252.30
2025-07-242.30
2025-07-232.31
2025-07-222.31
2025-07-212.26
2025-07-182.26
2025-07-172.25
2025-07-162.27
2025-07-152.26
2025-07-142.30
2025-07-112.29
2025-07-102.27
2025-07-092.27
2025-07-082.29
2025-07-072.28
2025-07-032.33
2025-07-022.32
2025-07-012.30
2025-06-302.25
2025-06-272.23
2025-06-262.22
2025-06-252.22
2025-06-242.27
2025-06-232.27
2025-06-202.23
2025-06-182.24
2025-06-172.26
2025-06-162.27
2025-06-132.28
2025-06-122.30
2025-06-112.29
2025-06-102.32
2025-06-092.30
2025-06-062.29

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

About Extra Space Storage Inc.

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Salt Lake City, UT
8,012 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
Joseph Daniel Margolis