Public StoragePSA

$318.12+5.54 (+1.77%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$56B
Large-cap
+25%
2016 — today
10-Year Price
+23%
2016 — today
52-Week Range
$258.44$325.94
Current $318.12· 88%

Public Storage (PSA) is an S&P 500 and FT Global 500 REIT focused on the acquisition, development, and management of self-storage properties. As of September 30, 2020, it operated 2,504 facilities across 38 U.S. states, totaling 171 million net rentable square feet. The company holds a 35% equity interest in Shurgard Self Storage SA, which operates 239 sites in seven European countries, and a 42% interest in PS Business Parks, Inc., managing 28 million square feet of commercial property.

Valuation in context

P/E ratio
32.8
Above average
Pricier than usual over the last 10 years
P/B ratio
6.0
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
20.3
Above average
Pricier than usual over the last 10 years
Dividend Yield
3.8%
Around average
Around the 10-year average
PEG ratio
4.3
Around average
Around the 10-year average
FCF Yield
5.5%
Historically high
Historically high relative to the last 10 years
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