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PSA Public Storage PE ratio, current and historical analysis

The PE ratio for Public Storage stock stands at 26.38 as of Jun 18, 2024. This is based on the current EPS of $11.05 and the stock price of $291.45 per share. An increase of 17% has been seen in the P/E ratio compared to the average of 22.6 of the last 4 quarters.

PSA PE ratio history

How has PSA's PE ratio performed in the past

Over the last ten years, the average PE ratio of Public Storage has been 30.27. The current 26.38 PE ratio is 13% below 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.

Average
30.27
Median
31.1
Minimum
11.83
Maximum
43.99

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

What is the average PE ratio of PSA for the past years

The current PE ratio of PSA is greater than its 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg
25.46
5-year avg
27.71
10-year avg
30.27
15-year avg
31.9

PSA PE vs peers

What is PSA's PE ratio compared to its peers

Compared to its peers DLR and CCI, PSA's PE ratio stands lower, however it is higher than UHAL's and CUBE's. Public Storage is presently trading at a lower PE ratio (26.38) than its peer group average of 28.95.

Stock name PE ratio Market cap
UHAL Amerco 20.3 $12.1B
CUBE CubeSmart 24.8 $10.1B
PSA Public Storage 26.2 $50.87B
CCI Crown Castle International Corp 29.74 $41.48B
DLR Digital Realty Trust Inc 40.78 $46.88B

Frequently asked questions

What is Public Storage's PE ratio?

PSA stock has a price to earnings ratio of 26.38 as of Jun 18, 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 25.46.

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 27.71.

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 13% below 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 (Jun 18, 2024), Public Storage's stock price is $291.45. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $11.05. Therefore, Public Storage's P/E ratio for today is 26.38. PE RATIO(26.38) = STOCK PRICE($291.45) / TTM EPS($11.05)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.