Is Extra Space Storage Inc. (EXR) Undervalued?
Based on the current stock price of $130.79 and a P/E ratio of 29.26,Extra Space Storage Inc. has a PEG ratio of 2.44.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 2.44, EXR appears to be potentially overvalued relative to its growth rate of 11.99%.
Based on a PEG ratio of 1.73 (adjusted for dividends).
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How we analyzed EXR
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 29.26and dividing it by the annual growth rate of 11.99%.
PEG = 29.26 (P/E) ÷ 11.99 (Growth) = 2.44
Frequently Asked Questions about EXR
What is the current PEG Ratio for Extra Space Storage Inc. (EXR)?+
The current PEG Ratio for Extra Space Storage Inc. is 2.44. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is EXR stock undervalued right now?+
Based on the PEG ratio of 2.44, Extra Space Storage Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for EXR?+
The PEGY ratio for Extra Space Storage Inc. is 1.73. This metric accounts for dividend yield (4.95%), providing a more complete valuation picture.