Switch to:

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 0.75
PSB's Cash to Debt is ranked higher than
86% of the 556 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.06 vs. PSB: 0.75 )
Ranked among companies with meaningful Cash to Debt only.
PSB' s 10-Year Cash to Debt Range
Min: 0.01  Med: 0.70 Max: No Debt
Current: 0.75
Equity to Asset 0.77
PSB's Equity to Asset is ranked higher than
92% of the 579 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.48 vs. PSB: 0.77 )
Ranked among companies with meaningful Equity to Asset only.
PSB' s 10-Year Equity to Asset Range
Min: 0.44  Med: 0.73 Max: 0.95
Current: 0.77
0.44
0.95
Interest Coverage 9.24
PSB's Interest Coverage is ranked higher than
82% of the 461 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.80 vs. PSB: 9.24 )
Ranked among companies with meaningful Interest Coverage only.
PSB' s 10-Year Interest Coverage Range
Min: 5.57  Med: 22.08 Max: 9999.99
Current: 9.24
5.57
9999.99
F-Score: 6
Z-Score: 2.89
M-Score: -3.81
WACC vs ROIC
6.54%
6.73%
WACC
ROIC
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 : 8/10

vs
industry
vs
history
Operating margin (%) 33.57
PSB's Operating margin (%) is ranked lower than
62% of the 594 Companies
in the Global REIT - Diversified industry.

( Industry Median: 44.63 vs. PSB: 33.57 )
Ranked among companies with meaningful Operating margin (%) only.
PSB' s 10-Year Operating margin (%) Range
Min: 29.72  Med: 35.56 Max: 47.61
Current: 33.57
29.72
47.61
Net-margin (%) 49.18
PSB's Net-margin (%) is ranked higher than
62% of the 595 Companies
in the Global REIT - Diversified industry.

( Industry Median: 36.26 vs. PSB: 49.18 )
Ranked among companies with meaningful Net-margin (%) only.
PSB' s 10-Year Net-margin (%) Range
Min: 24.85  Med: 31.51 Max: 46.16
Current: 49.18
24.85
46.16
ROE (%) 10.71
PSB's ROE (%) is ranked higher than
70% of the 597 Companies
in the Global REIT - Diversified industry.

( Industry Median: 6.97 vs. PSB: 10.71 )
Ranked among companies with meaningful ROE (%) only.
PSB' s 10-Year ROE (%) Range
Min: 4.13  Med: 7.35 Max: 23.71
Current: 10.71
4.13
23.71
ROA (%) 8.23
PSB's ROA (%) is ranked higher than
85% of the 603 Companies
in the Global REIT - Diversified industry.

( Industry Median: 3.13 vs. PSB: 8.23 )
Ranked among companies with meaningful ROA (%) only.
PSB' s 10-Year ROA (%) Range
Min: 1.99  Med: 4.94 Max: 22.43
Current: 8.23
1.99
22.43
ROC (Joel Greenblatt) (%) 11.41
PSB's ROC (Joel Greenblatt) (%) is ranked higher than
52% of the 520 Companies
in the Global REIT - Diversified industry.

( Industry Median: 9.10 vs. PSB: 11.41 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
PSB' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 5.5  Med: 8.29 Max: 23.71
Current: 11.41
5.5
23.71
Revenue Growth (3Y)(%) 4.80
PSB's Revenue Growth (3Y)(%) is ranked higher than
67% of the 418 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.30 vs. PSB: 4.80 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
PSB' s 10-Year Revenue Growth (3Y)(%) Range
Min: -3.9  Med: 9.20 Max: 23.7
Current: 4.8
-3.9
23.7
EBITDA Growth (3Y)(%) 16.40
PSB's EBITDA Growth (3Y)(%) is ranked higher than
75% of the 369 Companies
in the Global REIT - Diversified industry.

( Industry Median: 3.20 vs. PSB: 16.40 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
PSB' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0  Med: 7.20 Max: 31
Current: 16.4
0
31
EPS Growth (3Y)(%) 27.50
PSB's EPS Growth (3Y)(%) is ranked higher than
73% of the 312 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.90 vs. PSB: 27.50 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
PSB' s 10-Year EPS Growth (3Y)(%) Range
Min: -33.1  Med: 8.90 Max: 55.8
Current: 27.5
-33.1
55.8
» PSB's 10-Y Financials

Financials


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

» Details

Guru Trades

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
Q3 2014

PSB Guru Trades in Q3 2014

Jim Simons 248,600 sh (+14.77%)
Chuck Royce 118,500 sh (unchged)
Third Avenue Management 6,100 sh (unchged)
» More
Q4 2014

PSB Guru Trades in Q4 2014

Paul Tudor Jones 5,475 sh (New)
Jim Simons 294,400 sh (+18.42%)
Third Avenue Management 6,100 sh (unchged)
Chuck Royce Sold Out
» More
Q1 2015

PSB Guru Trades in Q1 2015

Jim Simons 308,500 sh (+4.79%)
Third Avenue Management 6,100 sh (unchged)
Paul Tudor Jones 3,510 sh (-35.89%)
» 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 Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of PS Business Parks Inc

SymbolPriceYieldDescription
PSBPRT24.626.11Cumulative Preferred Shs Depositary Shs Repr 1/1000th Cum Pref Shs Ser -T-
PSBPRV23.636.01
PSBPRR25.376.816.875% Cum Pfd Shs Series -R-
PSBPRS25.426.40
PSBPRU23.756.08Deposit Shs Repr 1/1000 Cum Pfd Shs Series -U-

Ratios

vs
industry
vs
history
P/E(ttm) 15.82
PSB's P/E(ttm) is ranked higher than
52% of the 490 Companies
in the Global REIT - Diversified industry.

( Industry Median: 16.30 vs. PSB: 15.82 )
Ranked among companies with meaningful P/E(ttm) only.
PSB' s 10-Year P/E(ttm) Range
Min: 15.81  Med: 46.04 Max: 100.59
Current: 15.82
15.81
100.59
Forward P/E 39.22
PSB's Forward P/E is ranked lower than
85% of the 335 Companies
in the Global REIT - Diversified industry.

( Industry Median: 17.89 vs. PSB: 39.22 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 16.00
PSB's PE(NRI) is ranked higher than
52% of the 467 Companies
in the Global REIT - Diversified industry.

( Industry Median: 16.50 vs. PSB: 16.00 )
Ranked among companies with meaningful PE(NRI) only.
PSB' s 10-Year PE(NRI) Range
Min: 15.9  Med: 56.37 Max: 110.94
Current: 16
15.9
110.94
P/B 2.66
PSB's P/B is ranked lower than
90% of the 605 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.19 vs. PSB: 2.66 )
Ranked among companies with meaningful P/B only.
PSB' s 10-Year P/B Range
Min: 1.4  Med: 2.48 Max: 3.71
Current: 2.66
1.4
3.71
P/S 5.22
PSB's P/S is ranked higher than
69% of the 632 Companies
in the Global REIT - Diversified industry.

( Industry Median: 7.07 vs. PSB: 5.22 )
Ranked among companies with meaningful P/S only.
PSB' s 10-Year P/S Range
Min: 2.22  Med: 4.98 Max: 6.83
Current: 5.22
2.22
6.83
PFCF 15.35
PSB's PFCF is ranked higher than
72% of the 211 Companies
in the Global REIT - Diversified industry.

( Industry Median: 20.80 vs. PSB: 15.35 )
Ranked among companies with meaningful PFCF only.
PSB' s 10-Year PFCF Range
Min: 3.97  Med: 14.57 Max: 436.54
Current: 15.35
3.97
436.54
POCF 8.60
PSB's POCF is ranked higher than
83% of the 525 Companies
in the Global REIT - Diversified industry.

( Industry Median: 14.39 vs. PSB: 8.60 )
Ranked among companies with meaningful POCF only.
PSB' s 10-Year POCF Range
Min: 3.31  Med: 7.79 Max: 10.27
Current: 8.6
3.31
10.27
EV-to-EBIT 13.95
PSB's EV-to-EBIT is ranked higher than
70% of the 523 Companies
in the Global REIT - Diversified industry.

( Industry Median: 21.12 vs. PSB: 13.95 )
Ranked among companies with meaningful EV-to-EBIT only.
PSB' s 10-Year EV-to-EBIT Range
Min: 17.1  Med: 26.30 Max: 33.6
Current: 13.95
17.1
33.6
PEG 1.74
PSB's PEG is ranked higher than
51% of the 160 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.85 vs. PSB: 1.74 )
Ranked among companies with meaningful PEG only.
PSB' s 10-Year PEG Range
Min: 1.51  Med: 8.29 Max: 154.08
Current: 1.74
1.51
154.08
Shiller P/E 34.64
PSB's Shiller P/E is ranked lower than
70% of the 272 Companies
in the Global REIT - Diversified industry.

( Industry Median: 23.13 vs. PSB: 34.64 )
Ranked among companies with meaningful Shiller P/E only.
PSB' s 10-Year Shiller P/E Range
Min: 23.13  Med: 45.21 Max: 68.12
Current: 34.64
23.13
68.12
Current Ratio 3.22
PSB's Current Ratio is ranked higher than
88% of the 553 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.89 vs. PSB: 3.22 )
Ranked among companies with meaningful Current Ratio only.
PSB' s 10-Year Current Ratio Range
Min: 0.11  Med: 0.64 Max: 5.01
Current: 3.22
0.11
5.01
Quick Ratio 3.22
PSB's Quick Ratio is ranked higher than
89% of the 553 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.80 vs. PSB: 3.22 )
Ranked among companies with meaningful Quick Ratio only.
PSB' s 10-Year Quick Ratio Range
Min: 0.11  Med: 0.64 Max: 5.01
Current: 3.22
0.11
5.01
Days Sales Outstanding 5.72
PSB's Days Sales Outstanding is ranked higher than
80% of the 486 Companies
in the Global REIT - Diversified industry.

( Industry Median: 18.04 vs. PSB: 5.72 )
Ranked among companies with meaningful Days Sales Outstanding only.
PSB' s 10-Year Days Sales Outstanding Range
Min: 2.19  Med: 7.37 Max: 35.37
Current: 5.72
2.19
35.37

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.77
PSB's Dividend Yield is ranked lower than
109% of the 767 Companies
in the Global REIT - Diversified industry.

( Industry Median: 5.34 vs. PSB: 2.77 )
Ranked among companies with meaningful Dividend Yield only.
PSB' s 10-Year Dividend Yield Range
Min: 1.52  Med: 2.66 Max: 5.83
Current: 2.77
1.52
5.83
Dividend Payout 0.44
PSB's Dividend Payout is ranked higher than
79% of the 564 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.87 vs. PSB: 0.44 )
Ranked among companies with meaningful Dividend Payout only.
PSB' s 10-Year Dividend Payout Range
Min: 0.17  Med: 1.08 Max: 7.33
Current: 0.44
0.17
7.33
Dividend growth (3y) 4.40
PSB's Dividend growth (3y) is ranked higher than
58% of the 327 Companies
in the Global REIT - Diversified industry.

( Industry Median: 3.20 vs. PSB: 4.40 )
Ranked among companies with meaningful Dividend growth (3y) only.
PSB' s 10-Year Dividend growth (3y) Range
Min: -9.7  Med: 0.00 Max: 14.9
Current: 4.4
-9.7
14.9
Yield on cost (5-Year) 3.03
PSB's Yield on cost (5-Year) is ranked lower than
103% of the 767 Companies
in the Global REIT - Diversified industry.

( Industry Median: 5.52 vs. PSB: 3.03 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
PSB' s 10-Year Yield on cost (5-Year) Range
Min: 1.66  Med: 2.91 Max: 6.37
Current: 3.03
1.66
6.37
Share Buyback Rate -3.20
PSB's Share Buyback Rate is ranked higher than
70% of the 355 Companies
in the Global REIT - Diversified industry.

( Industry Median: -6.40 vs. PSB: -3.20 )
Ranked among companies with meaningful Share Buyback Rate only.
PSB' s 10-Year Share Buyback Rate Range
Min: 2.8  Med: -0.70 Max: -110.6
Current: -3.2

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.68
PSB's Price/Tangible Book is ranked lower than
88% of the 587 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.20 vs. PSB: 2.68 )
Ranked among companies with meaningful Price/Tangible Book only.
PSB' s 10-Year Price/Tangible Book Range
Min: 0.1  Med: 2.05 Max: 3.44
Current: 2.68
0.1
3.44
Price/Projected FCF 1.24
PSB's Price/Projected FCF is ranked higher than
60% of the 258 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.42 vs. PSB: 1.24 )
Ranked among companies with meaningful Price/Projected FCF only.
PSB' s 10-Year Price/Projected FCF Range
Min: 0.46  Med: 1.07 Max: 31.94
Current: 1.24
0.46
31.94
Price/DCF (Earnings Based) 0.78
PSB's Price/DCF (Earnings Based) is ranked higher than
81% of the 16 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.50 vs. PSB: 0.78 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.05
PSB's Price/Median PS Value is ranked higher than
52% of the 557 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.07 vs. PSB: 1.05 )
Ranked among companies with meaningful Price/Median PS Value only.
PSB' s 10-Year Price/Median PS Value Range
Min: 0.55  Med: 0.96 Max: 117.5
Current: 1.05
0.55
117.5
Price/Peter Lynch Fair Value 1.51
PSB's Price/Peter Lynch Fair Value is ranked lower than
59% of the 133 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.18 vs. PSB: 1.51 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
PSB' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.54  Med: 3.52 Max: 16.34
Current: 1.51
0.54
16.34
Price/Graham Number 0.67
PSB's Price/Graham Number is ranked higher than
73% of the 488 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.92 vs. PSB: 0.67 )
Ranked among companies with meaningful Price/Graham Number only.
PSB' s 10-Year Price/Graham Number Range
Min: 0.12  Med: 0.87 Max: 1.66
Current: 0.67
0.12
1.66
Earnings Yield (Greenblatt) (%) 7.25
PSB's Earnings Yield (Greenblatt) (%) is ranked higher than
74% of the 588 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.20 vs. PSB: 7.25 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
PSB' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 3  Med: 3.80 Max: 7.26
Current: 7.25
3
7.26
Forward Rate of Return (Yacktman) (%) 10.61
PSB's Forward Rate of Return (Yacktman) (%) is ranked higher than
69% of the 322 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.79 vs. PSB: 10.61 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
PSB' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -5.6  Med: 4.50 Max: 23.6
Current: 10.61
-5.6
23.6

Business Description

Industry: REITs » REIT - Diversified
Compare:ARI, NLY, VNO, IVR, WSR » details
Traded in other countries:W8U.Germany,
PS Business Parks Inc 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. The Company also manages 1.2 million rentable square feet on behalf of PS. 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 responsibility and discretion in managing and controlling the Operating Partnership. The Company is in the commercial property business, with 108 business parks consisting of multi-tenant flex, industrial and office space. The Company owns 16.5 million square feet of flex space. The Companys commercial properties typically consist of business parks with low-rise buildings, ranging from one to 48 buildings per park, located on parcels of various sizes and comprising from approximately 12,000 to 3.3 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 Companys 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 Companys 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. The Company owns approximately 14.0 acres of such land in Dallas, Texas, 11.5 acres in Portland, Oregon and 6.4 acres in Northern Virginia as of December 31, 2013. The Companys 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 Companys properties compete for tenants with similar properties located in its markets mainly on the basis of location, rent charged, services provided and the design and condition of improvements.
» 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 Jun 27 2015
PS Business Parks, Inc. to Present at REITWeek 2015: NAREIT’s Investor Forum May 21 2015
PS BUSINESS PARKS INC/CA Files SEC form 10-Q, Quarterly Report May 01 2015
Public Storage Reports Results for the Quarter Ended March 31, 2015 and Increases Quarterly Common... Apr 30 2015
PS Business Parks (PSB) Q1 FFO Beats by a Cent, Down Y/Y - Analyst Blog Apr 29 2015
PS BUSINESS PARKS INC/CA Files SEC form 8-K, Results of Operations and Financial Condition,... Apr 29 2015
PS Business Parks reports 1Q results Apr 28 2015
PS Business Parks reports 1Q results Apr 28 2015
PS Business Parks, Inc. Reports Results for the First Quarter Ended March 31, 2015 Apr 28 2015
Q1 2015 PS Business Parks Inc Earnings Release - After Market Close Apr 28 2015
PS Business Parks, Inc. to Release First Quarter 2015 Earnings and Host Quarterly Conference Call Apr 09 2015
Vornado Reaps $43M from RiverHouse Refinancing Move - Analyst Blog Apr 08 2015
Duke Realty Sells $1.1B Suburban Office Assets: Is it a Hold? - Analyst Blog Apr 02 2015
SL Green Rating Upgraded By Moody's, Shares Edge Up - Analyst Blog Mar 04 2015
SL Green Closes Retail Lease-Up at Times Square Property - Analyst Blog Mar 03 2015
Cousins Properties Signs 2 Lease Extensions in Houston - Analyst Blog Mar 02 2015
PS Business Parks, Inc. to Present at the Citi 2015 Global Property CEO Conference Feb 20 2015
PS BUSINESS PARKS INC/CA Files SEC form 10-K, Annual Report Feb 20 2015
PS Business Parks Misses Q4 FFO, Offers Special Dividend - Analyst Blog Feb 18 2015
PS BUSINESS PARKS INC/CA Files SEC form 8-K, Results of Operations and Financial Condition,... Feb 18 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK