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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.25
PSB's Cash to Debt is ranked higher than
85% of the 606 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.06 vs. PSB: 0.25 )
PSB' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.25

Equity to Asset 0.77
PSB's Equity to Asset is ranked higher than
95% of the 637 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.49 vs. PSB: 0.77 )
PSB' s 10-Year Equity to Asset Range
Min: 0.49   Max: 0.95
Current: 0.77

0.49
0.95
Interest Coverage 8.09
PSB's Interest Coverage is ranked higher than
91% of the 513 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.22 vs. PSB: 8.09 )
PSB' s 10-Year Interest Coverage Range
Min: 5.57   Max: 9999.99
Current: 8.09

5.57
9999.99
F-Score: 8
Z-Score: 2.90
M-Score: 1.12
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 36.35
PSB's Operating margin (%) is ranked higher than
69% of the 638 Companies
in the Global REIT - Diversified industry.

( Industry Median: 40.48 vs. PSB: 36.35 )
PSB' s 10-Year Operating margin (%) Range
Min: 29.72   Max: 47.61
Current: 36.35

29.72
47.61
Net-margin (%) 28.67
PSB's Net-margin (%) is ranked higher than
68% of the 639 Companies
in the Global REIT - Diversified industry.

( Industry Median: 35.11 vs. PSB: 28.67 )
PSB' s 10-Year Net-margin (%) Range
Min: 24.85   Max: 45.53
Current: 28.67

24.85
45.53
ROE (%) 6.01
PSB's ROE (%) is ranked higher than
71% of the 639 Companies
in the Global REIT - Diversified industry.

( Industry Median: 6.54 vs. PSB: 6.01 )
PSB' s 10-Year ROE (%) Range
Min: 5.94   Max: 12.71
Current: 6.01

5.94
12.71
ROA (%) 4.61
PSB's ROA (%) is ranked higher than
82% of the 642 Companies
in the Global REIT - Diversified industry.

( Industry Median: 3.12 vs. PSB: 4.61 )
PSB' s 10-Year ROA (%) Range
Min: 3.61   Max: 12.06
Current: 4.61

3.61
12.06
ROC (Joel Greenblatt) (%) 6.05
PSB's ROC (Joel Greenblatt) (%) is ranked higher than
75% of the 546 Companies
in the Global REIT - Diversified industry.

( Industry Median: 5.19 vs. PSB: 6.05 )
PSB' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 5.01   Max: 13.42
Current: 6.05

5.01
13.42
Revenue Growth (%) 8.60
PSB's Revenue Growth (%) is ranked higher than
92% of the 539 Companies
in the Global REIT - Diversified industry.

( Industry Median: -0.70 vs. PSB: 8.60 )
PSB' s 10-Year Revenue Growth (%) Range
Min: -3.9   Max: 28.9
Current: 8.6

-3.9
28.9
EBITDA Growth (%) 10.30
PSB's EBITDA Growth (%) is ranked higher than
83% of the 491 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.60 vs. PSB: 10.30 )
PSB' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 35.5
Current: 10.3

0
35.5
EPS Growth (%) 8.10
PSB's EPS Growth (%) is ranked higher than
80% of the 391 Companies
in the Global REIT - Diversified industry.

( Industry Median: -1.90 vs. PSB: 8.10 )
PSB' s 10-Year EPS Growth (%) Range
Min: -33.1   Max: 55.8
Current: 8.1

-33.1
55.8
» PSB's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

PSB Guru Trades in Q3 2013

Chuck Royce 168,500 sh (unchged)
Third Avenue Management 6,100 sh (unchged)
Jim Simons 66,500 sh (-26.03%)
» More
Q4 2013

PSB Guru Trades in Q4 2013

Third Avenue Management 6,100 sh (unchged)
Jim Simons 53,500 sh (-19.55%)
Chuck Royce 118,500 sh (-29.67%)
» More
Q1 2014

PSB Guru Trades in Q1 2014

Jim Simons 85,106 sh (+59.08%)
Chuck Royce 118,500 sh (unchged)
Third Avenue Management 6,100 sh (unchged)
» More
Q2 2014

PSB Guru Trades in Q2 2014

Jim Simons 216,600 sh (+154.51%)
Chuck Royce 118,500 sh (unchged)
Third Avenue Management 6,100 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with PSB

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)



No Insider Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of PS Business Parks Inc

SymbolPriceYieldDescription
PSBPRT0.006.04Cumulative Preferred Shs Depositary Shs Repr 1/1000th Cum Pref Shs Ser -T-
PSBPRV0.006.00
PSBPRR0.006.576.875% Cum Pfd Shs Series -R-
PSBPRS0.006.27
PSBPRU0.006.00Deposit Shs Repr 1/1000 Cum Pfd Shs Series -U-

Ratios

vs
industry
vs
history
P/E(ttm) 46.10
PSB's P/E(ttm) is ranked higher than
58% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 27.40 vs. PSB: 46.10 )
PSB' s 10-Year P/E(ttm) Range
Min: 18.19   Max: 100.59
Current: 46.1

18.19
100.59
P/B 3.10
PSB's P/B is ranked lower than
71% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.30 vs. PSB: 3.10 )
PSB' s 10-Year P/B Range
Min: 1.4   Max: 3.71
Current: 3.1

1.4
3.71
P/S 5.70
PSB's P/S is ranked higher than
71% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 7.85 vs. PSB: 5.70 )
PSB' s 10-Year P/S Range
Min: 2.21   Max: 6.83
Current: 5.7

2.21
6.83
PFCF 35.40
PSB's PFCF is ranked higher than
65% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 73.09 vs. PSB: 35.40 )
PSB' s 10-Year PFCF Range
Min: 3.97   Max: 436.54
Current: 35.4

3.97
436.54
EV-to-EBIT 26.86
PSB's EV-to-EBIT is ranked higher than
77% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 32.73 vs. PSB: 26.86 )
PSB' s 10-Year EV-to-EBIT Range
Min: 16.8   Max: 33.6
Current: 26.86

16.8
33.6
PEG 7.39
PSB's PEG is ranked higher than
87% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 9999.00 vs. PSB: 7.39 )
PSB' s 10-Year PEG Range
Min: 0.83   Max: 158.13
Current: 7.39

0.83
158.13
Shiller P/E 55.60
PSB's Shiller P/E is ranked higher than
70% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 9999.00 vs. PSB: 55.60 )
PSB' s 10-Year Shiller P/E Range
Min: 21.5   Max: 68.12
Current: 55.6

21.5
68.12
Current Ratio 1.35
PSB's Current Ratio is ranked higher than
78% of the 408 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.89 vs. PSB: 1.35 )
PSB' s 10-Year Current Ratio Range
Min: 0.11   Max: 4.48
Current: 1.35

0.11
4.48
Quick Ratio 1.35
PSB's Quick Ratio is ranked higher than
79% of the 408 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.84 vs. PSB: 1.35 )
PSB' s 10-Year Quick Ratio Range
Min: 0.11   Max: 4.48
Current: 1.35

0.11
4.48

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.30
PSB's Dividend Yield is ranked lower than
86% of the 633 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.15 vs. PSB: 2.30 )
PSB' s 10-Year Dividend Yield Range
Min: 1.52   Max: 5.83
Current: 2.3

1.52
5.83
Dividend Payout 1.06
PSB's Dividend Payout is ranked higher than
67% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.27 vs. PSB: 1.06 )
PSB' s 10-Year Dividend Payout Range
Min: 0.28   Max: 7.33
Current: 1.06

0.28
7.33
Yield on cost (5-Year) 2.30
PSB's Yield on cost (5-Year) is ranked lower than
84% of the 634 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.52 vs. PSB: 2.30 )
PSB' s 10-Year Yield on cost (5-Year) Range
Min: 1.52   Max: 5.83
Current: 2.3

1.52
5.83
Share Buyback Rate -0.20
PSB's Share Buyback Rate is ranked higher than
92% of the 511 Companies
in the Global REIT - Diversified industry.

( Industry Median: -7.00 vs. PSB: -0.20 )
PSB' s 10-Year Share Buyback Rate Range
Min: 2.8   Max: -110.6
Current: -0.2

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 3.04
PSB's Price/Tangible Book is ranked higher than
55% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.36 vs. PSB: 3.04 )
PSB' s 10-Year Price/Tangible Book Range
Min: 0.1   Max: 3.44
Current: 3.04

0.1
3.44
Price/DCF (Projected) 1.37
PSB's Price/DCF (Projected) is ranked higher than
89% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 27.59 vs. PSB: 1.37 )
PSB' s 10-Year Price/DCF (Projected) Range
Min: 0.65   Max: 23.85
Current: 1.37

0.65
23.85
Price/Median PS Value 1.20
PSB's Price/Median PS Value is ranked higher than
74% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.23 vs. PSB: 1.20 )
PSB' s 10-Year Price/Median PS Value Range
Min: 0.56   Max: 1.56
Current: 1.2

0.56
1.56
Price/Peter Lynch Fair Value 7.87
PSB's Price/Peter Lynch Fair Value is ranked higher than
88% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 9999.00 vs. PSB: 7.87 )
PSB' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.54   Max: 12.85
Current: 7.87

0.54
12.85
Price/Graham Number 1.02
PSB's Price/Graham Number is ranked higher than
79% of the 693 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.40 vs. PSB: 1.02 )
PSB' s 10-Year Price/Graham Number Range
Min: 0.12   Max: 1.71
Current: 1.02

0.12
1.71
Earnings Yield (Greenblatt) 3.70
PSB's Earnings Yield (Greenblatt) is ranked higher than
72% of the 626 Companies
in the Global REIT - Diversified industry.

( Industry Median: 3.60 vs. PSB: 3.70 )
PSB' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3   Max: 6
Current: 3.7

3
6
Forward Rate of Return (Yacktman) 7.08
PSB's Forward Rate of Return (Yacktman) is ranked higher than
82% of the 520 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.70 vs. PSB: 7.08 )
PSB' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -0.1   Max: 33.5
Current: 7.08

-0.1
33.5

Business Description

Industry: REITs » REIT - Diversified
Compare:ARI, NLY, VNO, IVR, WSR » details
PS Business Parks, Inc. or PSB was formed in 1990 as a California corporation under the name Public Storage Properties XI, Inc. In a March 17, 1998 merger with American Office Park Properties, Inc. or AOPP, the Company acquired the commercial property business previously operated by AOPP and was renamed 'PS Business Parks, Inc.' Prior to the Merger in January, 1997, AOPP was reorganized to succeed to the commercial property business of PS, becoming a fully integrated, self-advised and self-managed REIT. It is a fully-integrated, self-advised and self-managed real estate investment trust or REIT that acquires, owns, operates and develops commercial properties, mainly multi-tenant flex, office and industrial space. The remaining common partnership units were owned by Public Storage or PS. The Company as the sole general partner of the Operating partnership has full, exclusive and complete responsibility and discretion in managing and controlling the Operating Partnership. The Company is in the commercial property business, with properties consisting of multi-tenant flex, industrial and office space. It owns approximately 12.2 million square feet of flex space. The Company defines 'flex' space as buildings that are configured with a combination of warehouse and office space and could be designed to fit a variety of uses. The Company's commercial properties typically consist of low-rise buildings, ranging from one to 46 buildings per property, located on parcels of various sizes and comprising from approximately 12,000 to 3.2 million aggregate square feet of rentable space. Facilities are managed through either on-site management or area offices central to the facilities. Parking is generally open but in some instances is covered. The tenant base for the Company's facilities is diverse. The portfolio could be bifurcated into those facilities that service small to medium-sized businesses and those that service larger businesses. Approximately 40.5% of in-place rents from the portfolio are derived from facilities that serve small to medium-sized businesses. The Company's policy of acquiring commercial properties might be changed by its Board of Directors without shareholder approval. It currently owns properties in eight states; it might expand its operations to other states or reduce the number of states in which it operates. The Company owns land which might be used for the development of commercial properties. It owns approximately 6.4 acres of land in Northern Virginia, 11.5 acres in Portland, Oregon and 10.0 acres in Dallas, Texas as of December 31, 2009. The Company's interest in the Operating Partnership entitles it to share in cash distributions from, and the profits and losses of, the Operating Partnership in proportion to its economic interest in the Operating Partnership. The Company's properties compete for tenants with similar properties located in its markets mainly on the basis of location, rent charged, services provide
» More Articles for PSB

Headlines

Articles On GuruFocus.com
PS Business Parks Inc Reports Operating Results (10-K) Feb 25 2011 
PS Business Parks Inc Reports Operating Results (10-Q) Nov 05 2010 
PS Business Parks Inc (PSB) EXECUTIVE VICE PRESIDENT & COO John W Petersen sells 6,389 Shares Aug 18 2010 
PS Business Parks Inc Reports Operating Results (10-Q) Aug 06 2010 
PS Business Parks Inc (PSB) PRESIDENT / CEO Joseph D Jr Russell sells 12,000 Shares Jun 18 2010 
PS Business Parks Inc Reports Operating Results (10-Q) May 06 2010 
PS Business Parks Inc (PSB) EXECUTIVE VICE PRESIDENT & COO John W Petersen sells 2,311 Shares Mar 30 2010 
PS Business Parks Inc (PSB) PRESIDENT / CEO Joseph D Jr Russell sells 2,000 Shares Dec 15 2009 
PS Business Parks Inc (PSB) PRESIDENT / CEO Joseph D Jr Russell sells 1,000 Shares Dec 04 2009 
PS Business Parks Inc (PSB) EXECUTIVE VICE PRESIDENT & COO John W Petersen sells 3,000 Shares Nov 19 2009 

More From Other Websites
PS BUSINESS PARKS INC/CA Financials Aug 22 2014
PS BUSINESS PARKS INC/CA Files SEC form 10-Q, Quarterly Report Aug 01 2014
PS Business Parks' Q2 FFO Beats on Higher Rental Income Aug 01 2014
PS BUSINESS PARKS INC/CA Files SEC form 8-K, Results of Operations and Financial Condition,... Jul 31 2014
PS Business Parks, Inc. Reports Results for the Second Quarter Ended June 30, 2014 Jul 30 2014
Q2 2014 PS Business Parks Earnings Release - After Market Close Jul 30 2014
What's Holding Back PS Business Park's Growth Momentum? Jul 18 2014
PS Business Parks, Inc. to Release Second Quarter 2014 Earnings and Host Quarterly Conference Call Jul 09 2014
Gary M. Beasley, the Co-CEO of Starwood Waypoint Residential Trust (SWAY), Interviews with The Wall... Jun 23 2014
PS Business Parks downgraded to Neutral at JPMorgan Jun 20 2014
PS Business Parks, Inc. to Present at REITWeek 2014: NAREIT’s Investor Forum May 20 2014
PS BUSINESS PARKS INC/CA Files SEC form 10-Q, Quarterly Report May 02 2014
PS Business Parks Q1 FFO a Penny Short Apr 29 2014
PS BUSINESS PARKS INC/CA Files SEC form 8-K, Creation of a Direct Financial Obligation or an... Apr 29 2014
PS Business Parks, Inc. Reports Results for the First Quarter Ended March 31, 2014 Apr 28 2014
Balanced View on PS Business Parks Apr 15 2014
PS Business Parks, Inc. to Release First Quarter 2014 Earnings and Host Quarterly Conference Call Apr 09 2014
Use Options For A Chance To Buy PSB At A 18% Discount Mar 18 2014
PS Business Parks Hits New High Mar 06 2014
PS Business Parks' CEO Presents at the Citi 2014 Global Property CEO Conference (Transcript) Mar 04 2014

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