National Storage REIT Ratios | P/E, ROE & Valuation

On the Key Ratios page for National Storage REIT (NSR), the latest P/E of 17.2 frames valuation, while ROE 10.94% and ROIC 2.19% indicates profitability and capital efficiency. Together with the current ratio of 0.26 and debt-to-equity 0.66, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NSR Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$0.27$0.26$0.26$0.27$0.23$0.21$0.17$0.16$0.14$0.12
Net Income per Share$0.16$0.02$0.17$0.26$0.52$0.30$0.12$0.01$0.00$0.01
Operating Cash Flow per Share$0.10$0.16$0.09$0.12$0.12$0.11$0.07$0.09$0.08$0.06
Free Cash Flow per Share$0.08$0.15$0.08$0.11$0.11$0.11$0.07$0.09$0.08$0.06
Cash per Share$0.06$0.16$0.04$0.05$0.07$0.09$0.09$0.18$0.02$0.02
Book Value per Share$2.66$2.63$2.57$2.73$2.38$2.24$1.69$1.28$0.87$0.72
Tangible Book Value per Share$2.62$2.60$2.54$2.65$2.31$2.15$1.60$1.23$0.83$0.67
Interest Debt per Share$1.80$1.47$1.13$0.87$0.93$0.88$0.86$1.03$0.77$0.66
CAPEX per Share$0.02$0.00$0.01$0.01$0.01$0.00$0.00$0.00$0.00$0.00

NSR Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)17.16115.6713.619.114.116.5315.4331.79943.75213.89
Price to Book (P/B)1.059.4410.260.860.90.881.0915.4521.7922.48
Price to Sales (P/S)11.378.898.838.819.169.2810.5411.2911.9712.87
Enterprise Value to EBITDA30.2116.1715.6419.8623.2325.0227.66-30.34-31.2546.8
EV to Sales17.7114.2112.8811.7512.7512.8314.816.5417.2418.15
EV to Operating Cash Flow46.2523.2836.5727.1825.124.5834.9828.1631.2733.12
EV to Free Cash Flow57.9223.7540.7428.7326.4324.9235.7228.2331.3433.58
Enterprise Value$6.64B$5.09B$4.57B$3.90B$3.54B$2.79B$2.63B$2.63B$2.41B$2.16B

NSR Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)10.94%8.16%75.43%9.46%21.86%13.56%7.07%4.66%2.31%10.51%
Return on Invested Capital (ROIC)2.19%3.27%5.19%4.12%3.71%3.41%3.68%3.93%4.79%4.87%
Return on Tangible Assets3.60%0.48%4.50%7.13%15.66%9.80%4.78%0.23%0.11%0.51%
Earnings Yield5.68%0.86%7.35%10.97%24.36%15.32%6.49%0.30%0.11%0.47%
Free Cash Flow Yield2.69%6.74%3.58%4.64%5.26%5.55%3.93%5.19%4.60%4.20%
Dividend Yield4.16%3.29%3.27%3.59%3.01%3.13%2.76%2.30%3.15%1.89%

NSR Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.260.551.542.493.24.336.2915.543.772.55
Interest Coverage2.073.065.754.335.663.772.842.672.722.85
Income Quality0.6500.540.450.230.370.6217.2643.479.11
Debt to Equity0.665.864.880.310.380.380.498.729.889.56
Debt to Assets39.51%34.04%28.82%22.75%26.66%26.72%32.13%42.35%44.32%45.23%
Net Debt to EBITDA10.816.064.914.976.536.927.96-9.63-9.5613.61

NSR Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover26.0226.3219.560000000
Payables Turnover054614.091.0917.614.494.520.840.633.79
Inventory Turnover036.43.433.184.434.645.14.2743.35
Days Sales Outstanding14.0313.8718.660000000
Days Payables Outstanding00.6725.91334.4120.7381.3280.68436.95582.4496.34
Days of Inventory on Hand010.03106.31114.6882.4278.5871.5785.4891.32109.06

NSR Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA30.2116.1715.6419.8623.2325.0227.66-30.34-31.2546.8
Market Cap$4.26B$3.18B$3.13B$2.92B$2.55B$2.02B$1.88B$1.79B$1.67B$1.53B
Enterprise Value$6.64B$5.09B$4.57B$3.90B$3.54B$2.79B$2.63B$2.63B$2.41B$2.16B
Dividend Yield4.16%3.29%3.27%3.59%3.01%3.13%2.76%2.30%3.15%1.89%
Payout Ratio46.78%381.09%44.46%32.74%12.37%20.40%42.50%763.98%2970.41%405.02%

Frequently Asked Questions

How does National Storage REIT’s P/E ratio compare with its history?

On this page, NSR's current P/E is 17.2, compared with a multi-year average around 167.1. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is National Storage REIT market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $4.26B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does National Storage REIT’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with National Storage REIT's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does National Storage REIT compare to its competitors in key financial ratios?

The fastest way to compare National Storage REIT with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see National Storage REIT outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do National Storage REIT's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that National Storage REIT is financially strong. Current ratio is about 0.26, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 2.07, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.66, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do National Storage REIT's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If National Storage REIT is sustaining strong returns (for example ROE at 10.94% and ROIC at 2.19%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.