PSA Public Storage PE ratio, current and historical analysis
The PE ratio for Public Storage stock stands at 34.73 as of Nov 21, 2024. This is based on the current EPS of $9.67 and the stock price of $335.85 per share. An increase of 18% 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 30.22. The current 34.73 PE ratio is 15% 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 | Change |
|---|---|---|
| 2023 | 27.45 | 131.65% |
| 2022 | 11.85 | -68.65% |
| 2021 | 37.8 | 2.97% |
| 2020 | 36.71 | 25.85% |
| 2019 | 29.17 | 23.34% |
| 2018 | 23.65 | -23.61% |
| 2017 | 30.96 | -5.26% |
| 2016 | 32.68 | -19.53% |
| 2015 | 40.61 | 15.76% |
| 2014 | 35.08 | 14.68% |
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 UHAL's and CUBE's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CUBE CubeSmart | 27.15 | $10.99B |
| UHAL Amerco | 30.53 | $13.59B |
| PSA Public Storage | 34.73 | $58.81B |
| CCI Crown Castle International Corp | 36.93 | $45.42B |
| DLR Digital Realty Trust Inc | 148.71 | $62.15B |
Frequently asked questions
What is Public Storage's PE ratio?
PSA stock has a price to earnings ratio of 34.73 as of Nov 21, 2024.
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 24.44.
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 28.07.
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 15% 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 (Nov 21, 2024), Public Storage's stock price is $335.85. 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 34.73. PE RATIO(34.73) = STOCK PRICE($335.85) / TTM EPS($9.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.