Start with its own history
At 30.95×, LSI is 26.3% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · LSIREIT - IndustrialUpdated Oct 25, 2026
Life Storage, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
30.95×
26.3% belowthe 10-year annual average
Share price133.1
÷Earnings per share4.3
Price and EPS in quote currency. Calculation details
Investors are paying 30.95 for every 1 of reported earnings per share.
P/E over time
2013 – 2022
Annual P/ESelected-period average 42.00×
3-year average63.74×3 positive annual observations
5-year average48.03×5 positive annual observations
10-year average42.00×10 positive annual observations
Peer median · TTM34.47×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2022 | 31.98× | -57.6% |
| Dec 31, 2021 | 75.46× | -9.9% |
| Dec 31, 2020 | 83.78× | +199.4% |
| Dec 31, 2019 | 27.98× | +33.6% |
| Dec 31, 2018 | 20.94× | -51.0% |
| Dec 31, 2017 | 42.72× | -1.5% |
| Dec 31, 2016 | 43.39× | +28.6% |
| Dec 31, 2015 | 33.75× | +3.9% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2014 | 32.49× | +18.1% |
| Dec 31, 2013 | 27.50× | -17.0% |
| Dec 31, 2012 | 33.12× | -13.9% |
| Dec 31, 2011 | 38.45× | +55.1% |
| Dec 31, 2010 | 24.79× | -41.7% |
| Dec 31, 2009 | 42.54× | +103.8% |
| Dec 31, 2008 | 20.87× | -5.5% |
| Dec 31, 2007 | 22.09× | -26.5% |
| Dec 31, 2006 | 30.07× | +19.1% |
| Dec 31, 2005 | 25.25× | -7.4% |
| Dec 31, 2004 | 27.27× | +7.9% |
| Dec 31, 2003 | 25.28× | +48.4% |
| Dec 31, 2002 | 17.04× | -4.9% |
| Dec 31, 2001 | 17.91× | +70.3% |
| Dec 31, 2000 | 10.52× | +10.9% |
| Dec 31, 1999 | 9.48× | -28.1% |
| Dec 31, 1998 | 13.19× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How LSI compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 LSI This stockLife Storage, Inc. | 30.95× |
 ADIAnalog Devices, Inc. | 48.74× |
 CUBECubeSmart | 29.13× |
 EGPEastGroup Properties, Inc. | 33.98× |
 EXRExtra Space Storage Inc. | 31.70× |
 KLACKLA Corporation | 38.06× |
 PSAPublic Storage | 34.78× |
 RMBSRambus Inc. | 34.15× |
 TXNTexas Instruments Incorporated | 39.07× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does LSI’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 34.47×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take LSI into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("LSI", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 133.1 ÷ EPS 4.3 = 30.95×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 25, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
LSI P/E ratio: common questions
The essentials behind the numbers.
Life Storage, Inc.'s current P/E is 30.95× based on the quote data last updated Oct 25, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.