PSA Public Storage PE ratio, current and historical analysis
The PE ratio for Public Storage stock stands at 31.46 as of Feb 21, 2025. This is based on the current EPS of $9.67 and the stock price of $304.19 per share. An increase of 6% has been seen in the P/E ratio compared to the average of 29.5 of the last 4 quarters.
PSA PE ratio history
Over the last ten years, the average PE ratio of Public Storage has been 30.09. The current 31.46 PE ratio is 4.6% above the historical average. Over the past ten years, PSA's PE ratio was at its highest in the Mar 2016 quarter at 43.99, with a price of $275.83 and an EPS of $6.27. The Sep 2022 quarter recorded the bottom point at 11.83, with a price of $292.81 and an EPS of $24.75.
Public Storage PE ratio by year
Maximum annual increase: 131.65% in 2023
Maximum annual decrease: -68.65% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 27.45 | 131.65% | $305 | $11.11 |
| 2022 | 11.85 | -68.65% | $280.19 | $23.64 |
| 2021 | 37.8 | 2.97% | $374.56 | $9.91 |
| 2020 | 36.71 | 25.85% | $230.93 | $6.29 |
| 2019 | 29.17 | 23.34% | $212.96 | $7.3 |
| 2018 | 23.65 | -23.61% | $202.41 | $8.56 |
| 2017 | 30.96 | -5.26% | $209 | $6.75 |
| 2016 | 32.68 | -19.53% | $223.5 | $6.84 |
| 2015 | 40.61 | 15.76% | $247.7 | $6.1 |
| 2014 | 35.08 | 14.68% | $184.85 | $5.27 |
| 2013 | 30.59 | -17.08% | $150.52 | $4.92 |
| 2012 | 36.89 | -9.18% | $144.96 | $3.93 |
| 2011 | 40.62 | -5.47% | $134.46 | $3.31 |
| 2010 | 42.97 | 83.55% | $101.42 | $2.36 |
| 2009 | 23.41 | 23.41% | $81.45 | $3.48 |
Public Storage PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 37.63 | 40.1% | $363.87 | $9.67 |
| Jun 2024 | 26.86 | 2.32% | $287.65 | $10.71 |
| Mar 2024 | 26.25 | -4.37% | $290.06 | $11.05 |
| Dec 2023 | 27.45 | 14.18% | $305 | $11.11 |
| Sep 2023 | 24.04 | 91.25% | $263.52 | $10.96 |
| Jun 2023 | 12.57 | -1.64% | $291.88 | $23.22 |
| Mar 2023 | 12.78 | 7.85% | $302.14 | $23.65 |
| Dec 2022 | 11.85 | 0.17% | $280.19 | $23.64 |
| Sep 2022 | 11.83 | -55.32% | $292.81 | $24.75 |
| Jun 2022 | 26.48 | -29.78% | $312.67 | $11.81 |
| Mar 2022 | 37.71 | -0.24% | $390.28 | $10.35 |
| Dec 2021 | 37.8 | 6.75% | $374.56 | $9.91 |
| Sep 2021 | 35.41 | -14.39% | $297.1 | $8.39 |
| Jun 2021 | 41.36 | 12.3% | $300.69 | $7.27 |
| Mar 2021 | 36.83 | 0.33% | $246.76 | $6.7 |
PSA average PE ratio chart
The current PE ratio of PSA is greater than its 3, 5 and 10-year historical averages.
PSA PE vs peers
Compared to its peers DLR and CCI, PSA's PE ratio stands lower, however it is higher than CUBE's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CUBE CubeSmart | 23.64 | $9.57B |
| PSA Public Storage | 31.65 | $53.59B |
| CCI Crown Castle International Corp | 32.91 | $40.47B |
| UHAL Amerco | 33.89 | $14.02B |
| DLR Digital Realty Trust Inc | 127.9 | $53.46B |
Frequently asked questions
What is Public Storage's PE ratio?
PSA stock has a price to earnings ratio of 31.46 as of Feb 21, 2025.
What is the 3-year average PE ratio for Public Storage (PSA)?
The average PE ratio for PSA stock over the past 3 years is 23.22.
What is the 5-year average PE ratio for Public Storage (PSA)?
The average PE ratio for PSA stock over the past 5 years is 28.01.
What is the highest PE ratio for PSA?
The highest quarterly PE ratio in the last ten years has been 43.99 and it was in the Mar 2016 quarter.
How does the current PE ratio for PSA compare to its historical average?
PSA's current price to earnings ratio is 4.6% above its 10-year historical average.
How is PSA's PE ratio calculated (Public Storage PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 21, 2025), Public Storage's stock price is $304.19. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.67. Therefore, Public Storage's P/E ratio for today is 31.46. PE RATIO(31.46) = STOCK PRICE($304.19) / TTM EPS($9.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.