Is Global Self Storage, Inc. overvalued or undervalued?

As of 27 January 2025, the valuation grade for Global Self Storage, Inc. moved from fair to very attractive. The company appears to be undervalued based on its current metrics. Key valuation ratios include a P/E ratio of 28, a Price to Book Value of 1.38, and an EV to EBITDA of 12.46. In comparison, AG Mortgage Investment Trust, Inc. has a significantly lower P/E ratio of 4.76, while Ellington Credit Co. shows a negative P/E of -40.46, indicating a more favorable valuation for Global Self Storage.
Despite its attractive valuation, Global Self Storage has underperformed against the S&P 500 over multiple periods, with a year-to-date return of -4.50% compared to the S&P 500's 12.22%. This trend continues over the longer term, with a 3-year return of -10.54% versus the S&P 500's 70.41%.